Insurance Sales Agents
Insurance Sales Agents earn an average annual salary of $93,683, making it one of the higher-paying occupations. Professionals in this field are primarily employed in industries such as Cross-industry and Cross-industry, Private Ownership only. The field combines competitive compensation with strong employment opportunities, making it an attractive career path.
Key Statistics
Employment
Employment and salary information for the Insurance Sales Agents workforce.
Employment Over Time
41,150 Workforce in 2023
The Insurance Sales Agents workforce has been growing over time.
Historical employment trends for Insurance Sales Agents.
Yearly Wage Ranking
$93,683 Average Wage
In 2023, Insurance Sales Agents earned an average of $93,683.
Wage ranking compared to other occupations.
Wage Distribution
This chart shows the distribution of average salaries by income buckets for Insurance Sales Agents.
Salary distribution for Insurance Sales Agents.
Employment Growth Projections
2.4% Compound Annual Growth Rate (CAGR)
177,567 Projected Employment (5 years)
Projected growth: 12.4%
199,532 Projected Employment (10 years)
Projected growth: 26.3%
This occupation is projected to grow at 2.4% annually, indicating strong future demand.
Historical employment trends and future projections for Insurance Sales Agents.
Industry
Information on the industries that employ Insurance Sales Agents and on wages for those in the field.
Occupations by Industries
This graphic shows the share of Insurance Sales Agents employed by various industries.
Industry distribution for Insurance Sales Agents.
Wage Trends by Industry
-7.1% Average Annual Wage Growth Rate
Historical wage growth trends by industry for Insurance Sales Agents.
Geographic Distribution
Employment and wage information by geographic location for Insurance Sales Agents.
Metropolitan employment on this page is from the California OEWS extract. Area names omit state codes; all listed metros are in California, so the state chart shows California totals (not a multi-state ranking).
Top States by Employment
Top States by Employment:
- CA: 36,340 employees, $93,889 avg wage
Top 10 states by employment for Insurance Sales Agents.
Top Metropolitan Areas
Top Metropolitan Areas:
- Los Angeles-Long Beach-Glendale MD: 8,860 employees, $95,568 avg wage
- Anaheim-Santa Ana-Irvine MD: 4,960 employees, $88,174 avg wage
- San Diego-Chula Vista-Carlsbad MSA: 4,060 employees, $100,104 avg wage
- Sacramento-Roseville-Folsom MSA: 3,320 employees, $97,517 avg wage
- Riverside-San Bernardino-Ontario MSA: 3,220 employees, $72,425 avg wage
- Oakland-Fremont-Berkeley MD: 2,640 employees, $107,066 avg wage
- San Francisco-San Mateo-Redwood City MD: 2,490 employees, $113,208 avg wage
- San Jose-Sunnyvale-Santa Clara MSA: 1,790 employees, $94,889 avg wage
- Oxnard-Thousand Oaks-Ventura MSA: 810 employees, $80,543 avg wage
- Fresno MSA: 740 employees, $80,410 avg wage
Top 10 metropolitan statistical areas by employment for Insurance Sales Agents.
Diversity
Demographic information on Insurance Sales Agents in the US.
Gender and Age
The workforce of Insurance Sales Agents in 2023 was 41,150 people, with 62.0% women and 38.0% men.
Gender and age distribution for Insurance Sales Agents.
Races
Racial and ethnic shares when present in the career dataset. If the chart area shows a notice instead, occupational race/ethnicity fields are not yet populated for this extract.
Race and ethnicity distribution for Insurance Sales Agents.
Education & Skills
Data on higher education choices and required skills for Insurance Sales Agents.
Majors
The most common majors achieved by Insurance Sales Agents in 2023 were Business Administration, Business, Marketing.
Common majors for Insurance Sales Agents.
Education Levels
The main educational levels achieved by Insurance Sales Agents workers.
Education level distribution for Insurance Sales Agents.
Skills
Insurance Sales Agents need many skills, but most especially Reading Comprehension, Speaking, Active Listening, Critical Thinking, Writing.
Required skills for Insurance Sales Agents.
Knowledge & Abilities
Knowledge areas and abilities required for Insurance Sales Agents.
Knowledge Areas
The most important knowledge areas for Insurance Sales Agents include Customer and Personal Service, Sales and Marketing, English Language, Mathematics, Law and Government.
Knowledge areas required for Insurance Sales Agents.
Abilities
Key abilities needed for Insurance Sales Agents include Written Comprehension, Oral Expression, Oral Comprehension, Speech Clarity, Written Expression.
Required abilities for Insurance Sales Agents.
Work Activities
Common work activities performed by Insurance Sales Agents.
Daily Activities
Insurance Sales Agents spend their time on activities such as Establishing and Maintaining Interpersonal Relationships, Getting Information, Selling or Influencing Others, Working with Computers, Organizing, Planning, and Prioritizing Work.
Most important work activities for Insurance Sales Agents.
About
Insurance Sales Agents
The average yearly wage for Insurance Sales Agents was $93,683 in 2023.
SOC Code
41-3021 - Insurance Sales Agents
Insights and Analysis
Compensation snapshot: Insurance Sales Agents reports an average salary of $93,683.
Labor market presence: The current workforce is approximately 41,150 workers, indicating sustained demand.
Forward outlook: Projected annual growth is 2.4%, which should inform long-term career planning.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.
Last Updated: Data reflects the most recent available information as of January 2025.
Methodology
Data for this profile is sourced from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), Census Bureau American Community Survey (ACS), and O*NET Online.
All wage figures represent annual averages and may vary by location, industry, and experience level.