Insurance sales agent demographics and statistics in the US
Insurance sales agent demographics research summary. Zippia estimates insurance sales agent demographics and statistics in the United States by using a database of 30 million profiles. Our insurance sales agent estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about insurance sales agents after extensive research and analysis:
- There are over 179,738 insurance sales agents currently employed in the United States.
- 48.5% of all insurance sales agents are women, while 51.5% are men.
- The average insurance sales agent age is 46 years old.
- The most common ethnicity of insurance sales agents is White (65.8%), followed by Hispanic or Latino (16.1%), Black or African American (9.4%) and Asian (4.9%).
- In 2022, women earned 91% of what men earned.
- 7% of all insurance sales agents are LGBT.
- Insurance sales agents are 78% more likely to work at private companies in comparison to public companies.
On this page
Insurance sales agent demographics by:
Insurance sales agent gender statistics
48.5% of insurance sales agents are women and 51.5% of insurance sales agents are men.
- Male, 51.5%
- Female, 48.5%
Insurance sales agent gender ratio
| Gender | Percentages |
|---|---|
| Male | 51.5% |
| Female | 48.5% |
Insurance sales agent gender pay gap
Women earn 91¢ for every $1 earned by men
Male income
$50,154
Female income
$45,612
Insurance sales agent gender ratio over time
This data breaks down the percentage of men and women in insurance sales agent positions over time. Currently, 48.5% of insurance sales agents are female.
Insurance sales agent gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 54.12% | 45.88% |
| 2011 | 54.34% | 45.66% |
| 2012 | 52.27% | 47.73% |
| 2013 | 55.45% | 44.55% |
| 2014 | 52.85% | 47.15% |
| 2015 | 54.39% | 45.61% |
| 2016 | 53.56% | 46.44% |
| 2017 | 53.59% | 46.41% |
| 2018 | 53.15% | 46.85% |
| 2019 | 51.39% | 48.61% |
| 2020 | 50.06% | 49.94% |
| 2021 | 51.49% | 48.51% |
Insurance sales agent related jobs gender ratio
We compared insurance sales agents with similar job titles to see how gender ratios vary. As you can see, proprietary trader and floor trader have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Insurance Follow Up Representative | 11% | 89% |
| Insurance Verification Specialist | 11% | 89% |
| Commercial Lines Account Manager | 13% | 87% |
| Insurance Sales Agent | 51% | 49% |
| Futures Trader | 94% | 6% |
| Floor Trader | 95% | 5% |
| Proprietary Trader | 96% | 4% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Insurance sales agent demographics by race
The most common ethnicity among insurance sales agents is White, which makes up 65.8% of all insurance sales agents. Comparatively, 16.1% of insurance sales agents are Hispanic or Latino and 9.4% of insurance sales agents are Black or African American.
- White, 65.8%
- Hispanic or Latino, 16.1%
- Black or African American, 9.4%
- Asian, 4.9%
- Unknown, 3.6%
- American Indian and Alaska Native, 0.2%
Insurance sales agent race
| Insurance sales agent race | Percentages |
|---|---|
| White | 65.8% |
| Hispanic or Latino | 16.1% |
| Black or African American | 9.4% |
| Asian | 4.9% |
| Unknown | 3.6% |
| American Indian and Alaska Native | 0.2% |
Insurance sales agent race and ethnicity over time
See how insurance sales agent racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Insurance sales agent race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.31% | 8.02% | 3.85% | 12.62% |
| 2011 | 73.86% | 8.01% | 3.97% | 12.90% |
| 2012 | 72.96% | 8.39% | 4.10% | 12.87% |
| 2013 | 72.08% | 9.01% | 4.20% | 13.02% |
| 2014 | 71.51% | 8.61% | 4.22% | 14.02% |
| 2015 | 69.84% | 9.42% | 4.05% | 14.87% |
| 2016 | 70.80% | 9.03% | 4.09% | 14.00% |
| 2017 | 69.48% | 9.31% | 4.66% | 14.63% |
| 2018 | 70.36% | 8.05% | 4.56% | 15.15% |
| 2019 | 69.03% | 8.72% | 4.36% | 16.15% |
| 2020 | 67.28% | 7.82% | 4.99% | 15.87% |
| 2021 | 65.85% | 9.41% | 4.91% | 16.13% |
Insurance sales agent wage gap by race
According to our data, white insurance sales agents have the highest average salary compared to other ethnicities. Black or african american insurance sales agents have the lowest average salary at $46,951.
| Ethnicity | Salary |
|---|---|
| Unknown | $50,566 |
| White | $53,055 |
| Black or African American | $46,951 |
| Asian | $50,990 |
| Hispanic or Latino | $49,411 |
Average insurance sales agent age
See how the average age of insurance sales agents varies based on ethnicity and gender.
Male
Female
Insurance sales agent age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 44 | 42 |
| White | 47 | 49 |
| Black or African American | 46 | 46.5 |
| Asian | 46 | 41 |
| Hispanic or Latino | 41 | 39 |
Insurance sales agent age breakdown
The average age of insurance sales agents is 40+ years years old, representing 66% of the insurance sales agent population.
Insurance sales agent age breakdown
| Insurance Sales Agent Years | Percentages |
|---|---|
| 40+ years | 66% |
| 30-40 years | 23% |
| 20-30 years | 11% |
Insurance sales agent educational attainment
The most common degree for insurance sales agents is bachelor's degree, with 51% of insurance sales agents earning that degree. The second and third most common degree levels are associate degree degree at 21% and associate degree degree at 15%.
- Bachelor's, 51%
- Associate, 21%
- High School Diploma, 15%
- Master's, 6%
- Other Degrees, 7%
Insurance sales agents by degree level
| Insurance sales agent degree | Percentages |
|---|---|
| Bachelor's | 51% |
| Associate | 21% |
| High School Diploma | 15% |
| Master's | 6% |
| Other Degrees | 7% |
Insurance sales agent jobs you might like
Insurance sales agent wage gap by degree level
According to the data, insurance sales agents with a Bachelor's degree earn more than those without, at $56,993 annually. With a Master's degree, insurance sales agents earn a median annual income of $56,860 compared to $52,940 for insurance sales agents with an Doctorate degree.
| Education | Salary |
|---|---|
| Master's Degree | $56,860 |
| High School Diploma or Less | $45,594 |
| Bachelor's Degree | $56,993 |
| Doctorate Degree | $52,940 |
| Some College/ Associate Degree | $45,418 |
Insurance sales agent employment statistics
Most insurance sales agents work for a private in the insurance industry.
Company size where insurance sales agents work
Below, you can see the size of companies where insurance sales agents work.
Insurance sales agent jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 7% |
| 50 - 100 employees | 19% |
| 100 - 500 employees | 19% |
| 500 - 1,000 employees | 11% |
| 1,000 - 10,000 employees | 26% |
| > 10,000 employees | 19% |
Insurance sales agent jobs by company type
Employees with the insurance sales agent job title have their preferences when it comes to working for a company. For instance, most insurance sales agents prefer to work at private companies over public companies.
Insurance sales agent jobs by sector
| Company type | Percentages |
|---|---|
| Education | 0% |
| Public | 20% |
| Private | 78% |
| Government | 2% |
Insurance sales agent jobs by industry
The most common industries for insurance sales agents are insurance, finance and professional.
Insurance sales agent industry statistics
| Industry | Percentages |
|---|---|
| Insurance | 41% |
| Finance | 11% |
| Fortune 500 | 11% |
| Professional | 10% |
| Technology | 6% |
| Health Care | 4% |
| Media | 3% |
| Government | 2% |
| Automotive | 2% |
| Start-up | 2% |
| Internet | 1% |
| Telecommunication | 1% |
| Construction | 1% |
| Manufacturing | 1% |
| Hospitality | 1% |
| Retail | 1% |
| Non Profits | 1% |
Insurance sales agent turnover and employment statistics
Insurance sales agent unemployment rate over time
The unemployment rate for insurance sales agents between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Insurance sales agent unemployment rate by year
| Year | Insurance sales agent unemployment rate |
|---|---|
| 2010 | 5.09% |
| 2011 | 4.31% |
| 2012 | 4.18% |
| 2013 | 3.95% |
| 2014 | 3.23% |
| 2015 | 2.63% |
| 2016 | 2.47% |
| 2017 | 2.35% |
| 2018 | 1.88% |
| 2019 | 2.06% |
| 2020 | 3.05% |
| 2021 | 3.58% |
Average insurance sales agent tenure
The average insurance sales agent stays at their job for 1-2 years, based on the 8,261 insurance sales agents resumes in Zippia's database.
Insurance sales agent tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 29% |
| 1-2 years | 33% |
| 3-4 years | 13% |
| 5-7 years | 15% |
| 8-10 years | 5% |
| 11+ years | 6% |
Insurance sales agent LGBT ratio compared to similar jobs
Review the percent of insurance sales agents that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Senior Energy Market Coordinator | 5.13% | 18,970 |
| Livestock Trader | 5.67% | 782 |
| Insurance Sales Agent | 6.79% | - |
| Advertising Sales | 9.53% | 132,877 |
| Travel Coordinator | 17.39% | 22,775 |
Similar insurance sales agent jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Senior Energy Market Coordinator | 5.13% | 18,970 |
| Livestock Trader | 5.67% | 782 |
| Advertising Sales | 9.53% | 132,877 |
| Travel Coordinator | 17.39% | 22,775 |
Foreign languages spoken by insurance sales agents
The most common foreign language among insurance sales agents is Spanish at 71.3%. The second-most popular foreign language spoken is French at 7.8% and German is the third-most popular at 2.8%.
- Spanish, 71.3%
- French, 7.8%
- German, 2.8%
- Chinese, 2.2%
- Portuguese, 1.9%
- Other, 14.0%
Insurance sales agent languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 71.3% |
| French | 7.8% |
| German | 2.8% |
| Chinese | 2.2% |
| Portuguese | 1.9% |
| Other | 14.0% |
