Insurance Sales Agents

SOC 41-3020

The median annual wage for Insurance Sales Agents is $59,080, based on BLS OEWS 2023 data. The mean annual wage is $79,700, and an estimated 457,510 workers are employed in this occupation nationally. Between 2020 and 2023, pay rose +13.2% while consumer prices rose 17.7% — a real change of -3.8% (pay did not keep up with inflation).

Wage Trend & Inflation Adjustment

How the national median wage for Insurance Sales Agents has moved across BLS OEWS release years, and what each year's wage is worth in 2023 dollars after adjusting for CPI inflation. "Real" change strips out inflation — the truest measure of whether pay is actually rising.

National median wage trend for Insurance Sales Agents, nominal and inflation-adjusted, BLS OEWS.
Year Median (nominal) In 2023 $ (real) Employment
2023 $59,080 $59,080 457,510
2022 $57,860 $60,242 445,540
2021 $49,840 $56,044 422,600
2020 $52,180 $61,432 409,950

Nominal change

+13.2%

Inflation (CPI)

+17.7%

Real change

-3.8%

Wage Distribution (National, 2023)

10th, 25th, 50th (median), 75th, and 90th percentile annual wages from BLS OEWS — the full spread, not just an average.

10th Pct

$34,940

25th Pct

$43,440

Median

$59,080

75th Pct

$83,420

90th Pct

$134,420

Related Occupations in Sales & Related

Other occupations in the same SOC major group, ranked by national median wage.

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