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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2018

41-3021 Insurance Sales Agents

Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
393,830 1.1 % $32.64 $67,890 0.8 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $13.22 $17.33 $24.33 $37.47 $60.39
Annual Wage (2) $27,500 $36,040 $50,600 $77,930 $125,610


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Agencies, Brokerages, and Other Insurance Related Activities 297,310 25.62 $31.97 $66,490
Insurance Carriers 78,400 6.70 $35.29 $73,410
Management of Companies and Enterprises 2,560 0.11 $37.96 $78,960
Management, Scientific, and Technical Consulting Services 1,900 0.13 $35.08 $72,960
Credit Intermediation and Related Activities (5221 And 5223 only) 1,840 0.09 $37.51 $78,020

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Agencies, Brokerages, and Other Insurance Related Activities 297,310 25.62 $31.97 $66,490
Insurance Carriers 78,400 6.70 $35.29 $73,410
Insurance and Employee Benefit Funds 240 4.33 $36.68 $76,280
Travel Arrangement and Reservation Services 1,580 0.73 $26.76 $55,650
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 1,450 0.16 $35.80 $74,470

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Management of Companies and Enterprises 2,560 0.11 $37.96 $78,960
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 410 0.04 $37.51 $78,020
Credit Intermediation and Related Activities (5221 And 5223 only) 1,840 0.09 $37.51 $78,020
Insurance and Employee Benefit Funds 240 4.33 $36.68 $76,280
Computer Systems Design and Related Services 100 (7) $36.51 $75,950


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 41,010 2.41 0.89 $36.74 $76,420
Florida 35,260 4.10 1.51 $30.37 $63,180
Texas 31,890 2.63 0.97 $30.17 $62,760
New York 21,230 2.26 0.83 $40.65 $84,540
Ohio 15,770 2.91 1.07 $29.09 $60,500




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
South Dakota 1,800 4.26 1.57 $30.37 $63,180
Iowa 6,530 4.24 1.56 $30.35 $63,130
Florida 35,260 4.10 1.51 $30.37 $63,180
Nebraska 3,740 3.82 1.40 $34.64 $72,040
Connecticut 6,190 3.73 1.37 $38.52 $80,120




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Massachusetts 7,030 1.97 0.72 $42.84 $89,100
New York 21,230 2.26 0.83 $40.65 $84,540
Alabama 5,550 2.85 1.05 $39.14 $81,410
Pennsylvania 14,270 2.44 0.90 $38.93 $80,970
Connecticut 6,190 3.73 1.37 $38.52 $80,120





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 22,390 2.36 0.87 $40.82 $84,900
Los Angeles-Long Beach-Anaheim, CA 15,410 2.52 0.93 $31.59 $65,710
Chicago-Naperville-Elgin, IL-IN-WI 11,720 2.53 0.93 $35.37 $73,570
Miami-Fort Lauderdale-West Palm Beach, FL 10,240 3.95 1.45 $31.86 $66,280
Dallas-Fort Worth-Arlington, TX 10,140 2.84 1.04 $38.88 $80,880
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 8,140 2.86 1.05 $45.02 $93,640
Tampa-St. Petersburg-Clearwater, FL 7,560 5.76 2.12 $30.35 $63,130
Atlanta-Sandy Springs-Roswell, GA 7,480 2.79 1.02 $30.56 $63,560
Houston-The Woodlands-Sugar Land, TX 6,930 2.32 0.85 $25.36 $52,750
Washington-Arlington-Alexandria, DC-VA-MD-WV 6,100 1.94 0.71 $28.51 $59,310