The annual salary statistics of insurance sales agents in Kennewick-Pasco-Richland, Washington is shown in Table 1. The wage information of insurance sales agents in Kennewick-Pasco-Richland is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $34,630 |
| 25th Percentile Wage | $36,670 |
| 50th Percentile Wage | $58,930 |
| 75th Percentile Wage | $63,830 |
| 90th Percentile Wage | $105,730 |
Table 1 shows the average annual salary for insurance sales agents in Kennewick-Pasco-Richland, Washington in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $105,730. The median (50th percentile) annual salary is $58,930. The average annual salary for the bottom 10 percent earners is $34,630.
The table and chart below show the trend of the median salary of insurance sales agents from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $58,930 | -4.65% | 46.17% |
| 2021 | $61,670 | 25.85% | - |
| 2020 | $45,730 | -2.27% | - |
| 2019 | $46,770 | 0.47% | - |
| 2018 | $46,550 | 10.93% | - |
| 2017 | $41,460 | 6.01% | - |
| 2016 | $38,970 | 12.83% | - |
| 2015 | $33,970 | 4.09% | - |
| 2014 | $32,580 | 3.81% | - |
| 2013 | $31,340 | -1.21% | - |
| 2012 | $31,720 | - | - |
From Table 3 we note that the median annual salary of $58,930 in Kennewick-Pasco-Richland is in the middle of salary range for insurance sales agents in state of Washington. In comparison, the annual salary of insurance sales agents in Kennewick-Pasco-Richland is 4.1 percent (4.1%) lower than that in the highest paying Seattle-Tacoma-Bellevue and 49.1 percent (49.1%) higher than that in the lowest paying Northwestern Washington nonmetropolitan area.