The annual salary statistics of insurance sales agents in Vineland-Millville-Bridgeton, New Jersey is shown in Table 1. The wage information of insurance sales agents in Vineland-Millville-Bridgeton 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 | $45,550 |
| 25th Percentile Wage | $48,710 |
| 50th Percentile Wage | $61,960 |
| 75th Percentile Wage | $99,540 |
| 90th Percentile Wage | $186,810 |
Table 1 shows the average annual salary for insurance sales agents in Vineland-Millville-Bridgeton, New Jersey in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $186,810. The median (50th percentile) annual salary is $61,960. The average annual salary for the bottom 10 percent earners is $45,550.
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 | $61,960 | 0.58% | 15.11% |
| 2021 | $61,600 | 19.74% | - |
| 2020 | $49,440 | 7.24% | - |
| 2019 | $45,860 | -28.43% | - |
| 2014 | $58,900 | 3.67% | - |
| 2013 | $56,740 | 7.30% | - |
| 2012 | $52,600 | - | - |
From Table 3 we note that with a median annual salary of $61,960, Vineland-Millville-Bridgeton is the second highest paying city for insurance sales agents in state of New Jersey, following the highest paying city Trenton-Ewing (median annual salary of $79,490). Compared with Trenton-Ewing, the median annual salary of insurance sales agents in Vineland-Millville-Bridgeton is 22.1 percent (22.1%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Trenton-Ewing | |
| Vineland-Millville-Bridgeton | |
| Ocean City | |
| Camden | |
| Atlantic City-Hammonton | |
| Wilmington | |
| Edison-New Brunswick |