Occupational Employment and Wages, May 2016

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)
385,700 1.1 % $32.58 $67,760 0.9 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $13.19 $17.07 $24.03 $37.09 $61.57
Annual Wage (2) $27,430 $35,500 $49,990 $77,140 $128,070


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 285,480 26.02 $32.27 $67,110
Insurance Carriers 84,680 7.25 $33.68 $70,060
Management of Companies and Enterprises 2,260 0.10 $37.50 $78,010
Other Financial Investment Activities 2,160 0.47 $33.46 $69,590
Depository Credit Intermediation 1,800 0.11 $32.96 $68,560

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 285,480 26.02 $32.27 $67,110
Insurance Carriers 84,680 7.25 $33.68 $70,060
Insurance and Employee Benefit Funds 100 2.01 $39.11 $81,360
Travel Arrangement and Reservation Services 1,460 0.68 $27.68 $57,580
Other Financial Investment Activities 2,160 0.47 $33.46 $69,590

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Wholesale Electronic Markets and Agents and Brokers (8) (8) $42.13 $87,640
Insurance and Employee Benefit Funds 100 2.01 $39.11 $81,360
Management, Scientific, and Technical Consulting Services 1,290 0.10 $38.23 $79,510
Management of Companies and Enterprises 2,260 0.10 $37.50 $78,010
Office Administrative Services 120 0.02 $35.43 $73,690


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 38,280 2.40 0.87 $37.82 $78,670
Texas 32,330 2.75 1.00 $27.96 $58,150
Florida 30,060 3.66 1.33 $33.74 $70,190
New York 21,040 2.31 0.84 $44.18 $91,890
Ohio 15,460 2.90 1.05 $30.89 $64,240




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 1,870 4.47 1.63 $32.78 $68,190
Iowa 6,340 4.13 1.50 $25.99 $54,050
Colorado 10,250 4.09 1.49 $30.14 $62,700
Connecticut 6,450 3.87 1.41 $35.55 $73,950
Florida 30,060 3.66 1.33 $33.74 $70,190




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 21,040 2.31 0.84 $44.18 $91,890
Minnesota 7,440 2.65 0.96 $41.70 $86,730
Pennsylvania 15,420 2.68 0.98 $39.70 $82,570
California 38,280 2.40 0.87 $37.82 $78,670
New Jersey 10,660 2.69 0.98 $37.60 $78,210





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 12,850 1.95 0.71 $44.92 $93,440
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 10,770 2.55 0.93 $31.98 $66,520
Chicago-Naperville-Arlington Heights, IL Metropolitan Division 9,510 2.61 0.95 $32.95 $68,530
Dallas-Plano-Irving, TX Metropolitan Division 8,140 3.35 1.22 $30.13 $62,670
Atlanta-Sandy Springs-Roswell, GA 7,550 2.96 1.08 $35.80 $74,470
Phoenix-Mesa-Scottsdale, AZ 7,370 3.81 1.39 $23.36 $48,590
Houston-The Woodlands-Sugar Land, TX 7,310 2.49 0.91 $27.94 $58,120
Minneapolis-St. Paul-Bloomington, MN-WI 5,480 2.87 1.04 $44.59 $92,750
Anaheim-Santa Ana-Irvine, CA Metropolitan Division 5,400 3.45 1.26 $40.00 $83,200
Tampa-St. Petersburg-Clearwater, FL 5,310 4.20 1.53 $41.07 $85,420