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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2017

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)
386,320 1.2 % $32.21 $66,990 0.9 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $13.07 $17.02 $23.90 $36.64 $60.19
Annual Wage (2) $27,180 $35,400 $49,710 $76,220 $125,190


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 287,250 25.50 $31.62 $65,780
Insurance Carriers 81,690 7.01 $34.46 $71,680
Management of Companies and Enterprises 2,680 0.12 $37.30 $77,570
Credit Intermediation and Related Activities (5221 And 5223 only) 1,930 0.10 $32.59 $67,780
Business Support Services 1,920 0.21 $17.06 $35,480

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 287,250 25.50 $31.62 $65,780
Insurance Carriers 81,690 7.01 $34.46 $71,680
Insurance and Employee Benefit Funds 160 3.53 $38.82 $80,740
Travel Arrangement and Reservation Services 1,590 0.73 $28.10 $58,450
Business Support Services 1,920 0.21 $17.06 $35,480

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Management, Scientific, and Technical Consulting Services 1,640 0.12 $41.75 $86,850
Insurance and Employee Benefit Funds 160 3.53 $38.82 $80,740
Management of Companies and Enterprises 2,680 0.12 $37.30 $77,570
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 1,820 0.20 $34.57 $71,900
Insurance Carriers 81,690 7.01 $34.46 $71,680


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 39,920 2.39 0.88 $37.36 $77,700
Florida 33,000 3.92 1.45 $32.28 $67,140
Texas 32,660 2.75 1.01 $27.19 $56,550
New York 20,000 2.17 0.80 $41.93 $87,220
Ohio 15,820 2.95 1.09 $29.36 $61,060




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 1,850 4.42 1.63 $31.14 $64,760
Iowa 6,480 4.22 1.56 $28.05 $58,340
Nebraska 3,840 3.96 1.46 $29.30 $60,940
Florida 33,000 3.92 1.45 $32.28 $67,140
Colorado 9,880 3.87 1.43 $31.27 $65,030




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Massachusetts 6,490 1.84 0.68 $42.16 $87,700
New York 20,000 2.17 0.80 $41.93 $87,220
Pennsylvania 14,870 2.57 0.95 $39.80 $82,790
Minnesota 6,670 2.35 0.87 $39.79 $82,760
Alabama 5,560 2.89 1.07 $37.91 $78,860



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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-Jersey City-White Plains, NY-NJ Metropolitan Division 12,640 1.89 0.70 $43.07 $89,580
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 10,330 2.33 0.86 $34.78 $72,340
Dallas-Plano-Irving, TX Metropolitan Division 8,270 3.32 1.22 $31.41 $65,330
Chicago-Naperville-Arlington Heights, IL Metropolitan Division 8,210 2.24 0.83 $33.49 $69,660
Atlanta-Sandy Springs-Roswell, GA 7,440 2.84 1.05 $32.44 $67,470
Houston-The Woodlands-Sugar Land, TX 6,880 2.35 0.87 $23.45 $48,790
Tampa-St. Petersburg-Clearwater, FL 6,640 5.19 1.91 $32.96 $68,550
Phoenix-Mesa-Scottsdale, AZ 6,190 3.13 1.15 $32.98 $68,600
Anaheim-Santa Ana-Irvine, CA Metropolitan Division 5,610 3.47 1.28 $33.37 $69,420
Orlando-Kissimmee-Sanford, FL 5,070 4.19 1.55 $33.00 $68,640


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

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Des Moines-West Des Moines, IA 2,340 6.43 2.37 $30.40 $63,230
Hartford-West Hartford-East Hartford, CT 3,650 6.27 2.31 $35.83 $74,530
Bloomington, IN 380 5.60 2.07 $18.51 $38,500
Columbia, SC 1,950 5.28 1.95 $28.93 $60,180
Tampa-St. Petersburg-Clearwater, FL 6,640 5.19 1.91 $32.96 $68,550
Hot Springs, AR 180 5.18 1.91 $23.29 $48,450
Amarillo, TX 570 5.02 1.85 $27.41 $57,020
Tallahassee, FL 850 5.01 1.85 $26.93 $56,010
Portland-South Portland, ME 1,020 5.00 1.85 $24.19 $50,310
Birmingham-Hoover, AL 2,470 4.90 1.81 $40.99 $85,260


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Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New Bedford, MA 70 1.13 0.42 $57.34 $119,270
Oakland-Hayward-Berkeley, CA Metropolitan Division 2,730 2.40 0.89 $53.74 $111,790
Reno, NV 560 2.49 0.92 $50.89 $105,850
Philadelphia, PA Metropolitan Division 2,710 3.00 1.11 $50.55 $105,150
San Francisco-Redwood City-South San Francisco, CA Metropolitan Division 2,870 2.57 0.95 $49.80 $103,580
San Rafael, CA Metropolitan Division 260 2.25 0.83 $47.61 $99,020
Montgomery County-Bucks County-Chester County, PA Metropolitan Division 4,280 4.14 1.53 $47.45 $98,700
Duluth, MN-WI 200 1.61 0.60 $45.53 $94,710
Milwaukee-Waukesha-West Allis, WI 2,060 2.44 0.90 $45.28 $94,180
Dayton, OH 660 1.78 0.66 $44.96 $93,520

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Balance of Lower Peninsula of Michigan nonmetropolitan area 1,030 3.70 1.37 $24.74 $51,450
North Northeastern Ohio non-metropolitan area (non-contiguous) 910 2.73 1.01 $25.43 $52,890
Northeastern Wisconsin nonmetropolitan area 790 3.94 1.45 $27.30 $56,780
Southeast Iowa nonmetropolitan area 620 2.75 1.02 $22.60 $47,010
Piedmont North Carolina nonmetropolitan area 620 2.43 0.90 $23.11 $48,080

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

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Southwest Iowa nonmetropolitan area 450 5.36 1.98 $23.37 $48,600
Northwest Nebraska nonmetropolitan area 210 5.28 1.95 $23.05 $47,940
East South Dakota nonmetropolitan area 600 4.58 1.69 $26.97 $56,090
Central Nebraska nonmetropolitan area 490 4.50 1.66 $28.05 $58,350
West South Dakota nonmetropolitan area 270 4.45 1.64 $34.46 $71,670

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Southwest Minnesota nonmetropolitan area 470 3.86 1.42 $52.98 $110,190
East Central Illinois nonmetropolitan area 390 3.29 1.21 $38.59 $80,270
Far West North Dakota nonmetropolitan area 130 2.12 0.78 $37.60 $78,220
Upper Eastern Shore of Maryland nonmetropolitan area 90 1.84 0.68 $36.57 $76,060
Western Pennsylvania nonmetropolitan area 290 1.90 0.70 $35.91 $74,700


About May 2017 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OES estimates and related information:

May 2017 National Occupational Employment and Wage Estimates

May 2017 State Occupational Employment and Wage Estimates

May 2017 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2017 National Industry-Specific Occupational Employment and Wage Estimates

May 2017 Occupation Profiles

Technical Notes

 

Last Modified Date: March 30, 2018