Occupational Employment and Wages, May 2014

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)
374,700 1.2 % $30.64 $63,730 0.9 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $12.36 $16.20 $23.01 $35.41 $57.68
Annual Wage (2) $25,710 $33,700 $47,860 $73,650 $119,970


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 272,050 27.46 $30.70 $63,860
Insurance Carriers 85,310 7.33 $30.70 $63,850
Other Financial Investment Activities 5,230 1.23 $28.29 $58,850
Management of Companies and Enterprises 2,530 0.11 $33.76 $70,220
Depository Credit Intermediation 1,970 0.12 $30.97 $64,420

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 272,050 27.46 $30.70 $63,860
Insurance Carriers 85,310 7.33 $30.70 $63,850
Insurance and Employee Benefit Funds 190 2.71 $28.68 $59,650
Other Financial Investment Activities 5,230 1.23 $28.29 $58,850
Travel Arrangement and Reservation Services 1,690 0.86 $26.19 $54,470

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Contracts Intermediation and Brokerage 430 0.10 $46.80 $97,340
Wholesale Electronic Markets and Agents and Brokers 260 0.03 $37.01 $76,990
Management of Companies and Enterprises 2,530 0.11 $33.76 $70,220
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 170 0.02 $32.64 $67,890
Office Administrative Services 230 0.05 $31.20 $64,900


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 36,370 2.41 0.87 $34.38 $71,510
Texas 31,500 2.81 1.01 $26.89 $55,930
Florida 27,120 3.54 1.28 $32.39 $67,360
New York 22,940 2.60 0.94 $38.72 $80,540
Illinois 18,200 3.16 1.14 $35.51 $73,860



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 1,980 4.84 1.75 $28.39 $59,050
Iowa 5,800 3.83 1.38 $26.44 $55,000
Colorado 8,760 3.70 1.33 $26.44 $54,990
Florida 27,120 3.54 1.28 $32.39 $67,360
Montana 1,520 3.42 1.23 $23.64 $49,180



Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Rhode Island 1,170 2.52 0.91 $42.62 $88,650
New York 22,940 2.60 0.94 $38.72 $80,540
Minnesota 5,970 2.19 0.79 $38.42 $79,920
Massachusetts 6,820 2.05 0.74 $37.87 $78,780
Illinois 18,200 3.16 1.14 $35.51 $73,860




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-White Plains-Wayne, NY-NJ Metropolitan Division 13,020 2.42 0.87 $39.11 $81,360
Chicago-Joliet-Naperville, IL Metropolitan Division 12,360 3.29 1.19 $36.26 $75,430
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 10,120 2.50 0.90 $29.12 $60,580
Dallas-Plano-Irving, TX Metropolitan Division 8,370 3.74 1.35 $28.43 $59,140
Atlanta-Sandy Springs-Marietta, GA 6,750 2.83 1.02 $36.52 $75,950
Philadelphia, PA Metropolitan Division 6,620 3.56 1.28 $36.23 $75,350
Houston-Sugar Land-Baytown, TX 6,570 2.31 0.83 $30.52 $63,490
Nassau-Suffolk, NY Metropolitan Division 5,480 4.35 1.57 $40.13 $83,470
San Antonio-New Braunfels, TX 5,200 5.69 2.05 $25.60 $53,250
Denver-Aurora-Broomfield, CO 4,790 3.61 1.30 $26.59 $55,300