The annual salary statistics of insurance sales agents in Shreveport-Bossier City, Louisiana is shown in Table 1. The wage data of insurance sales agents in Shreveport-Bossier City 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 | $28,850 |
| 25th Percentile Wage | $29,070 |
| 50th Percentile Wage | $36,550 |
| 75th Percentile Wage | $64,080 |
| 90th Percentile Wage | $72,020 |
Table 1 shows the average annual salary for insurance sales agents in Shreveport-Bossier City, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $72,020. The median (50th percentile) annual salary is $36,550. The average annual salary for the bottom 10 percent earners is $28,850.
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 | $36,550 | -32.09% | 8.78% |
| 2021 | $48,280 | 10.92% | - |
| 2020 | $43,010 | 5.60% | - |
| 2019 | $40,600 | 4.90% | - |
| 2018 | $38,610 | 3.34% | - |
| 2017 | $37,320 | 7.32% | - |
| 2016 | $34,590 | -3.09% | - |
| 2015 | $35,660 | 10.77% | - |
| 2014 | $31,820 | -3.24% | - |
| 2013 | $32,850 | -1.49% | - |
| 2012 | $33,340 | - | - |
From Table 3 we note that the median annual salary of $36,550 in Shreveport-Bossier City is in the middle of salary range for insurance sales agents in state of Louisiana. In comparison, the annual salary of insurance sales agents in Shreveport-Bossier City is 43.8 percent (43.8%) lower than that in the highest paying Baton Rouge and 21.3 percent (21.3%) higher than that in the lowest paying Lake Charles.
| Cities/Areas | Median Annual Salary |
|---|---|
| Baton Rouge | |
| New Orleans-Metairie-Kenner | |
| New Iberia nonmetropolitan area | |
| Hammond nonmetropolitan area | |
| Lafayette | |
| Alexandria | |
| Natchitoches nonmetropolitan area | |
| Monroe | |
| Winnsboro nonmetropolitan area | |
| Hammond | |
| Southwest Louisiana nonmetropolitan area | |
| Shreveport-Bossier City | |
| Houma-Bayou Cane-Thibodaux | |
| Lake Charles |