Occupational Employment and Wages, 2002

41-3021 Insurance Sales Agents

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

National estimates for this occupation
Industry profile for this occupation
State profile for this occupation
Metropolitan area 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)
274,830 2.1 % $25.86 $53,800 1.7 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $10.45 $13.88 $19.59 $30.99 $48.78
Annual Wage (2) $21,730 $28,860 $40,750 $64,450 $101,460

Industry profile for this occupation: Top

Industries with the highest levels of employment in this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Insurance agencies, brokerages, and related 167,790 $26.36 $54,830 1 5
Insurance carriers 90,490 $25.51 $53,060 2 7
Management of companies and enterprises 2,980 $24.39 $50,720 3 9
Depository credit intermediation 2,550 $19.34 $40,230 4 16
Travel arrangement and reservation services 1,860 $23.18 $48,210 5 12

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Securities and commodity contracts brokerage 260 $28.61 $59,520 15 1
Legal services 1,220 $27.79 $57,800 7 2
Other financial investment activities 430 $27.76 $57,730 11 3
Computer systems design and related services 130 $27.35 $56,900 18 4
Insurance agencies, brokerages, and related 167,790 $26.36 $54,830 1 5

State profile for this occupation: Top

States with the highest concentration of workers in this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
Nebraska 3,080 $20.66 $42,970 0.353% 138
Connecticut 5,190 $29.87 $62,130 0.316% 107
West Virginia 2,110 $17.71 $36,830 0.309% 207
North Dakota 950 $22.54 $46,880 0.304% 68
Florida 21,130 $23.37 $48,610 0.297% 155

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
Ohio 15,230 $32.28 $67,140 0.284% 39
New Jersey 5,820 $31.64 $65,810 0.151% 105
District of Columbia 250 $31.19 $64,880 0.042% 77
Michigan 9,660 $30.01 $62,430 0.222% 80
Connecticut 5,190 $29.87 $62,130 0.316% 107

Metropolitan area profile for this occupation: Top

Metropolitan areas with the highest concentration of workers in this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Alexandria, LA MSA 310 $17.77 $36,960 0.568%
Hartford, CT MSA 3,100 $27.80 $57,820 0.525%
Fargo-Moorhead, ND-MN MSA 470 $26.71 $55,560 0.479%
Bloomington-Normal, IL MSA 380 $21.73 $45,190 0.454%
Sioux Falls, SD MSA 510 $24.40 $50,760 0.449%

Top paying Metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Waterbury, CT PMSA 220 $45.71 $95,070 0.258%
Cleveland-Lorain-Elyria, OH PMSA (6) $42.62 $88,640 (6)
San Francisco, CA PMSA 2,040 $42.11 $87,590 0.205%
Great Falls, MT MSA 70 $40.60 $84,440 0.220%
Brockton, MA PMSA 100 $39.89 $82,960 0.101%

About 2002 National, State, and Metropolitan Area Occupational Employment and Wage Estimates

To see profiles of other occupations, select from the major groups below:

These estimates are calculated with data collected from employers in all industry sectors in metropolitan and non-metropolitan areas in every State and the District of Columbia. The top five employment and wage figures are provided above. The complete list is available in the downloadable Excel files(XLS).

Percentile wage estimates show the percentage of workers in an occupation that earn less than a given wage and the percentage that earn more. 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) Data for detailed occupations does not sum to the totals because the totals include data for 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 mean 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.

(6) Estimates not released.

All Sales and Related Occupations

2002 State Occupational Employment and Wage Estimates

2002 Metropolitan Area Occupational Employment and Wage Estimates

2002 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download 2002 Occupational Employment and Wage Estimates in Zipped Excel files

Technical notes

 

Last Modified Date: November 26, 2003