Occupational Employment and Wages, May 2020

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 Insurance Sales Agents
Industry profile for Insurance Sales Agents
Geographic profile for Insurance Sales Agents

National estimates for Insurance Sales Agents:

Employment estimate and mean wage estimates for Insurance Sales Agents:

Employment (1)	Employment RSE (3)	Mean hourly wage	Mean annual wage (2)	Wage RSE (3)
409,950	1.1 %	$ 33.22	$ 69,100	0.9 %

Percentile wage estimates for Insurance Sales Agents:

Percentile	10%	25%	50% (Median)	75%	90%
Hourly Wage	$ 13.94	$ 18.07	$ 25.08	$ 38.08	$ 61.46
Annual Wage (2)	$ 29,000	$ 37,590	$ 52,180	$ 79,200	$ 127,840

Industry profile for Insurance Sales Agents:

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

Industries with the highest levels of employment in Insurance Sales Agents:

Industry	Employment (1)	Percent of industry employment	Hourly mean wage	Annual mean wage (2)
Agencies, Brokerages, and Other Insurance Related Activities	317,070	26.59	$ 32.36	$ 67,300
Insurance Carriers	77,640	6.44	$ 36.83	$ 76,600
Management of Companies and Enterprises	1,840	0.08	$ 37.63	$ 78,280
Credit Intermediation and Related Activities (5221 and 5223 only)	1,580	0.08	$ 38.05	$ 79,140
Travel Arrangement and Reservation Services	1,420	0.78	$ 26.27	$ 54,640

Industries with the highest concentration of employment in Insurance Sales Agents:

Industry	Employment (1)	Percent of industry employment	Hourly mean wage	Annual mean wage (2)
Agencies, Brokerages, and Other Insurance Related Activities	317,070	26.59	$ 32.36	$ 67,300
Insurance Carriers	77,640	6.44	$ 36.83	$ 76,600
Insurance and Employee Benefit Funds	210	3.02	$ 31.33	$ 65,170
Travel Arrangement and Reservation Services	1,420	0.78	$ 26.27	$ 54,640
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	1,250	0.13	$ 37.48	$ 77,950

Top paying industries for Insurance Sales Agents:

Industry	Employment (1)	Percent of industry employment	Hourly mean wage	Annual mean wage (2)
Credit Intermediation and Related Activities (5221 and 5223 only)	1,580	0.08	$ 38.05	$ 79,140
Management of Companies and Enterprises	1,840	0.08	$ 37.63	$ 78,280
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	1,250	0.13	$ 37.48	$ 77,950
Insurance Carriers	77,640	6.44	$ 36.83	$ 76,600
Business, Professional, Labor, Political, and Similar Organizations	190	0.05	$ 36.79	$ 76,520

Geographic profile for Insurance Sales Agents:

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

States with the highest employment level in Insurance Sales Agents:

State	Employment (1)	Employment per thousand jobs	Location quotient (9)	Hourly mean wage	Annual mean wage (2)
California	39,680	2.42	0.82	$ 36.31	$ 75,520
Texas	34,260	2.83	0.96	$ 32.80	$ 68,220
Florida	33,360	3.95	1.34	$ 29.60	$ 61,570
New York	22,630	2.60	0.88	$ 44.82	$ 93,220
Illinois	15,540	2.76	0.94	$ 32.79	$ 68,200

States with the highest concentration of jobs and location quotients in Insurance Sales Agents:

State	Employment (1)	Employment per thousand jobs	Location quotient (9)	Hourly mean wage	Annual mean wage (2)
Nebraska	4,430	4.70	1.60	$ 35.47	$ 73,770
South Dakota	1,900	4.62	1.57	$ 34.92	$ 72,640
Iowa	6,710	4.57	1.55	$ 34.21	$ 71,150
Rhode Island	1,850	4.17	1.41	$ 37.96	$ 78,960
Connecticut	6,350	4.12	1.40	$ 33.48	$ 69,630

Top paying states for Insurance Sales Agents:

State	Employment (1)	Employment per thousand jobs	Location quotient (9)	Hourly mean wage	Annual mean wage (2)
District of Columbia	470	0.69	0.23	$ 48.94	$ 101,790
New York	22,630	2.60	0.88	$ 44.82	$ 93,220
Alabama	6,110	3.21	1.09	$ 39.59	$ 82,340
Wisconsin	7,810	2.88	0.98	$ 38.41	$ 79,890
Oregon	4,950	2.74	0.93	$ 38.04	$ 79,130

Metropolitan areas with the highest employment level in Insurance Sales Agents:

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	21,600	2.44	0.83	$ 44.54	$ 92,650
Los Angeles-Long Beach-Anaheim, CA	15,260	2.62	0.89	$ 30.14	$ 62,680
Chicago-Naperville-Elgin, IL-IN-WI	12,140	2.78	0.94	$ 34.56	$ 71,890
Dallas-Fort Worth-Arlington, TX	11,240	3.13	1.06	$ 42.00	$ 87,360
Miami-Fort Lauderdale-West Palm Beach, FL	10,290	4.10	1.39	$ 29.44	$ 61,230
Atlanta-Sandy Springs-Roswell, GA	9,580	3.64	1.23	$ 31.50	$ 65,510
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD	7,830	2.90	0.98	$ 33.52	$ 69,720
Tampa-St. Petersburg-Clearwater, FL	7,460	5.72	1.94	$ 32.53	$ 67,650
Seattle-Tacoma-Bellevue, WA	6,710	3.43	1.16	$ 36.62	$ 76,170
Houston-The Woodlands-Sugar Land, TX	6,440	2.17	0.74	$ 29.77	$ 61,910

Metropolitan areas with the highest concentration of jobs and location quotients in Insurance Sales Agents:

Metropolitan area	Employment (1)	Employment per thousand jobs	Location quotient (9)	Hourly mean wage	Annual mean wage (2)
Hot Springs, AR	260	7.40	2.51	$ 22.13	$ 46,040
Macon, GA	650	6.74	2.29	$ 28.21	$ 58,670
Des Moines-West Des Moines, IA	2,370	6.67	2.26	$ 40.99	$ 85,250
Bloomington, IN	430	6.28	2.13	$ 18.43	$ 38,340
Lynchburg, VA	580	5.99	2.03	$ 22.99	$ 47,810
Bloomington, IL	490	5.97	2.03	$ 23.39	$ 48,640
Enid, OK	130	5.86	1.99	$ 20.58	$ 42,800
Tampa-St. Petersburg-Clearwater, FL	7,460	5.72	1.94	$ 32.53	$ 67,650
Hartford-West Hartford-East Hartford, CT	3,050	5.55	1.88	$ 33.84	$ 70,400
San Antonio-New Braunfels, TX	5,280	5.26	1.79	$ 30.13	$ 62,680