The annual salary statistics of insurance sales agents in San Jose-Sunnyvale-Santa Clara, California is shown in Table 1. The wage data of insurance sales agents in San Jose-Sunnyvale-Santa Clara is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $49,870 |
| 25th Percentile Wage | $56,060 |
| 50th Percentile Wage | $103,840 |
| 75th Percentile Wage | $114,860 |
| 90th Percentile Wage | $194,490 |
Table 1 shows the average annual salary for insurance sales agents in San Jose-Sunnyvale-Santa Clara, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $194,490. The median (50th percentile) annual salary is $103,840. The average annual salary for the bottom 10 percent earners is $49,870.
The table and chart below show the trend of the median salary of insurance sales agents from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $103,840 | 4.74% | 52.30% |
| 2021 | $98,920 | 36.58% | - |
| 2020 | $62,740 | 8.64% | - |
| 2019 | $57,320 | -6.21% | - |
| 2018 | $60,880 | -6.08% | - |
| 2017 | $64,580 | -13.32% | - |
| 2016 | $73,180 | -5.27% | - |
| 2015 | $77,040 | 34.40% | - |
| 2014 | $50,540 | -6.05% | - |
| 2013 | $53,600 | 7.59% | - |
| 2012 | $49,530 | - | - |
From Table 3 we note that with a median annual salary of $103,840, San Jose-Sunnyvale-Santa Clara is the highest paying city for insurance sales agents in state of California, followed by San Francisco-San Mateo-Redwood City (median annual salary $82,810). In comparison, the median annual salary of insurance sales agents in San Jose-Sunnyvale-Santa Clara is 20.3 percent (20.3%) higher than that in San Francisco-San Mateo-Redwood City.