Occupational Employment Statistics

Occupational Employment and Wages, May 2003

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)
277,120 1.5 % $25.85 $53,770 1.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $10.55 $13.84 $19.25 $30.15 $50.44
Annual Wage (2) $21,940 $28,780 $40,040 $62,710 $104,920

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 182,310 $26.63 $55,390 1 8
Insurance carriers 80,150 $24.65 $51,270 2 10
Management of companies and enterprises 2,300 $22.46 $46,710 3 13
Travel arrangement and reservation services 2,070 $23.45 $48,780 4 12
Depository credit intermediation 1,340 $19.22 $39,990 5 17

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Automobile dealers 150 $59.95 $124,700 12 1
Other motor vehicle dealers 40 $36.34 $75,590 16 2
Securities and commodity contracts brokerage (6) $29.04 $60,410 (6) 3
Other financial investment activities 680 $28.11 $58,460 8 4
Management and technical consulting services 1,200 $27.22 $56,620 6 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
Connecticut 6,090 $31.07 $64,630 0.371% 111
Nebraska 3,240 $22.59 $46,990 0.369% 137
North Dakota 1,030 $23.79 $49,480 0.328% 72
South Dakota 1,090 $24.84 $51,670 0.308% 55
West Virginia 2,080 $16.60 $34,530 0.305% 266

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
New Jersey 7,020 $32.87 $68,380 0.181% 98
California 27,480 $31.30 $65,100 0.189% 141
Connecticut 6,090 $31.07 $64,630 0.371% 111
Illinois 11,760 $30.94 $64,360 0.204% 71
Rhode Island 720 $30.40 $63,230 0.152% 84

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
Hartford, CT MSA 3,470 $28.43 $59,120 0.581%
Richmond-Petersburg, VA MSA 3,000 $24.56 $51,080 0.554%
Alexandria, LA MSA 300 $17.76 $36,930 0.552%
Lakeland-Winter Haven, FL MSA 1,000 $18.21 $37,870 0.531%
Harrisburg-Lebanon-Carlisle, PA MSA 1,770 $21.53 $44,780 0.499%

Top paying Metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
San Francisco, CA PMSA 2,780 $53.70 $111,690 0.285%
Beaumont-Port Arthur, TX MSA 150 $46.01 $95,710 0.098%
Boston, MA-NH PMSA 2,840 $44.08 $91,680 0.148%
Bridgeport, CT PMSA 570 $42.93 $89,300 0.308%
Waterbury, CT PMSA 250 $41.60 $86,530 0.298%

About May 2003 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) 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 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

2003 May National Occupational Employment and Wage Estimates

2003 May State Occupational Employment and Wage Estimates

2003 May Metropolitan Area Occupational Employment and Wage Estimates

2003 May National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2003 Occupational Employment and Wage Estimates in Zipped Excel files

Technical notes

Last Modified Date: May 7, 2004

Recommend this page using: