The annual salary statistics of insurance sales agents in Seattle-Tacoma-Bellevue, Washington is shown in Table 1. The wage statistics of insurance sales agents in Seattle-Tacoma-Bellevue 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 | $39,280 |
| 25th Percentile Wage | $49,070 |
| 50th Percentile Wage | $61,420 |
| 75th Percentile Wage | $81,390 |
| 90th Percentile Wage | $103,140 |
Table 1 shows the average annual salary for insurance sales agents in Seattle-Tacoma-Bellevue, Washington in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $103,140. The median (50th percentile) annual salary is $61,420. The average annual salary for the bottom 10 percent earners is $39,280.
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 | $61,420 | -1.74% | 19.02% |
| 2021 | $62,490 | -3.23% | - |
| 2020 | $64,510 | 7.56% | - |
| 2019 | $59,630 | 6.62% | - |
| 2018 | $55,680 | 8.58% | - |
| 2017 | $50,900 | -0.24% | - |
| 2016 | $51,020 | 6.53% | - |
| 2015 | $47,690 | -2.01% | - |
| 2014 | $48,650 | 4.69% | - |
| 2013 | $46,370 | -7.27% | - |
| 2012 | $49,740 | - | - |
From Table 3 we note that with a median annual salary of $61,420, Seattle-Tacoma-Bellevue is the highest paying city for insurance sales agents in state of Washington, followed by Portland-Vancouver-Hillsboro (median annual salary $59,740). In comparison, the median annual salary of insurance sales agents in Seattle-Tacoma-Bellevue is 2.7 percent (2.7%) higher than that in Portland-Vancouver-Hillsboro.