Insurance Sales Agent Statistics and Facts in the US

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for insurance sales agents in the United States. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • There are over 174,586 insurance sales agents currently employed in the United States.
  • 47.4% of all insurance sales agents are women, while only 47.7% are men.
  • The average age of an employed insurance sales agent is 44 years old.
  • The most common ethnicity of insurance sales agents is White (70.2%), followed by Hispanic or Latino (15.2%) and Black or African American (8.1%).
  • The majority of insurance sales agents are located in FL, Tampa and TX, San Antonio.
  • Insurance sales agents are most in-demand in Tucson, AZ.
  • Insurance sales agents are paid an average annual salary of $38,082.
  • Urban Honolulu, HI pays an annual average wage of $91,530, the highest in the US.
  • Insurance sales agents average starting salary is $22,000.
  • In 2021, women earned 88% of what men earned.
  • The top 10% of highest-paid insurance sales agents earn as much as $63,000 or more.
  • Oregon is the best state for insurance sales agents to live.
  • Insurance sales agents are more likely to work at private companies in comparison to public companies.

Insurance Sales Agent Statistics By Gender

Among insurance sales agents, 47.4% of them are women compared to 47.7% which are men.

Job Title
  • Male, 47.7%
  • Female, 47.4%
  • Unknown, 4.9%
Job Title
GenderascdescPercentagesascdesc
Male
Male
47.7%
47.7%
Female
Female
47.4%
47.4%
Unknown
Unknown
4.9%
4.9%

Gender Pay Gap For Insurance Sales Agent

Women Earn 88¢ For Every $1 Earned By Man

male-income
Male Income
$56,224
female-income
Female Income
$49,461

Insurance Sales Agent Gender Over Time

This data shows how men and women predominate in the insurance sales agent position over time.

Male
Female
60%
57%
54%
52%
49%
46%
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
YearascdescMaleascdescFemaleascdesc
2008
2008
54.87%
54.87%
45.13%
45.13%
2009
2009
54.29%
54.29%
45.71%
45.71%
2010
2010
54.79%
54.79%
45.21%
45.21%
2011
2011
55.21%
55.21%
44.79%
44.79%
2012
2012
53.52%
53.52%
46.48%
46.48%
2013
2013
54.20%
54.20%
45.80%
45.80%
2014
2014
52.89%
52.89%
47.11%
47.11%
2015
2015
52.72%
52.72%
47.28%
47.28%
2016
2016
52.31%
52.31%
47.69%
47.69%
2017
2017
52.81%
52.81%
47.19%
47.19%
2018
2018
51.79%
51.79%
48.21%
48.21%

Insurance Sales Agent Male to Female Ratio

We compared this job title with other job titles to see how gender percentages varied. As you can see, floor trader and proprietary trader have the biggest difference in gender.

Compare Jobs
Job Titleascdesc
Maleasc
Femaleascdesc
Commercial Lines Account Manager13%80%
Insurance Verification Specialist13%82%
Insurance Rater16%82%
Insurance Sales Agent48%47%
Floor Broker88%10%
Proprietary Trader89%5%
Floor Trader90%7%
Male
Female
100%
75%
50%
25%
0%
Floor Trader
Proprietary Trader
Floor Broker
Insurance Sales Agent
Insurance Rater
Insurance Verification Specialist
Commercial Lines Account Manager
0%
25%
50%
75%
100%

Insurance Sales Agent Statistics By Race

The most common ethnicity among insurance sales agents is White, which makes up 70.2% of all insurance sales agents. Comparatively, there are 15.2% of the Hispanic or Latino ethnicity and 8.1% of the Black or African American ethnicity.

Job Title
  • White, 70.2%
  • Hispanic or Latino, 15.2%
  • Black or African American, 8.1%
  • Asian, 4.6%
  • Unknown, 1.7%
  • American Indian and Alaska Native, 0.2%
Job Title
Insurance Sales Agent RaceascdescPercentagesascdesc
White
White
70.2%
70.2%
Hispanic or Latino
Hispanic or Latino
15.2%
15.2%
Black or African American
Black or African American
8.1%
8.1%
Asian
Asian
4.6%
4.6%
Unknown
Unknown
1.7%
1.7%
American Indian and Alaska Native
American Indian and Alaska Native
0.2%
0.2%

Insurance Sales Agent Race And Ethnicity Over Time

Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2008-2018 among insurance sales agents.

  • White
  • Asian
  • Hispanic or Latino
  • Black or African American
YearascdescWhiteascdescBlack or African AmericanascdescAsianascdescHispanic or Latinoascdesc
2010
2010
74.19%
74.19%
8.05%
8.05%
3.86%
3.86%
12.69%
12.69%
2011
2011
73.74%
73.74%
8.04%
8.04%
3.98%
3.98%
12.97%
12.97%
2012
2012
72.85%
72.85%
8.43%
8.43%
4.11%
4.11%
12.94%
12.94%
2013
2013
71.97%
71.97%
9.05%
9.05%
4.21%
4.21%
13.08%
13.08%
2014
2014
71.40%
71.40%
8.64%
8.64%
4.23%
4.23%
14.09%
14.09%
2015
2015
69.73%
69.73%
9.45%
9.45%
4.06%
4.06%
14.94%
14.94%
2016
2016
70.69%
70.69%
9.06%
9.06%
4.10%
4.10%
14.07%
14.07%
2017
2017
69.37%
69.37%
9.34%
9.34%
4.67%
4.67%
14.69%
14.69%
2018
2018
70.25%
70.25%
8.08%
8.08%
4.57%
4.57%
15.22%
15.22%

Insurance Sales Agent Wage Gap By Race

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 $49,296.
$58,000
$56,000
$54,000
$52,000
$50,000
$48,000
Unknown
White
Black or African American
Asian
Hispanic or Latino
Ethnicityascdesc
Salaryascdesc
Unknown$52,155
White$56,919
Black or African American$49,296
Asian$53,637
Hispanic or Latino$52,206

Average Age of an Insurance Sales Agent

We determined the average age of insurance sales agents based on ethnicity and gender.

Male
Female
RaceascdescMale AgeascdescFemale Ageascdesc
Unknown
Unknown
38
38
37
37
White
White
46
46
47
47
Black or African American
Black or African American
42.5
42.5
44
44
Asian
Asian
43
43
50
50
Hispanic or Latino
Hispanic or Latino
39
39
38.5
38.5

Insurance Sales Agent Age Breakdown

This chart breaks down the ages of insurance sales agent employees. Interestingly enough, the average age of insurance sales agents is 40+ years old, which represents 62% of the population.

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20-30 years

30-40 years

40+ years


Insurance Sales Agent YearsascdescPercentagesascdesc
20-30 years
20-30 years
14%
14%
30-40 years
30-40 years
24%
24%
40+ years
40+ years
62%
62%

Types of Insurance Sales Agent Degree Levels

The most common degree for insurance sales agents is bachelor's degree 51% of insurance sales agents earn that degree. A close second is associate degree with 21% and rounding it off is high school diploma with 15%.

Job Title
  • Bachelors, 51%
  • Associate, 21%
  • High School Diploma, 15%
  • Masters, 6%
  • Other Degrees, 7%
Job Title
Insurance Sales Agent DegreeascdescPercentagesascdesc
Bachelors
Bachelors
51%
51%
Associate
Associate
21%
21%
High School Diploma
High School Diploma
15%
15%
Masters
Masters
6%
6%
Other Degrees
Other Degrees
7%
7%

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Insurance Sales Agent Wage Gap By Education

Insurance sales agents with a Bachelors degree earn more than those without, at $61,240 annually. With a Masters degree, insurance sales agents earn a median annual income of $60,513 compared to $49,667 for insurance sales agents with an High School Diploma degree.
$62,000
$59,000
$56,000
$53,000
$50,000
$47,000
High School Diploma or Less
Master's Degree
Bachelor's Degree
Some College/ Associate Degree
Educationascdesc
Salaryascdesc
High School Diploma or Less$49,667
Master's Degree$60,513
Bachelor's Degree$61,240
Some College/ Associate Degree$49,461

Insurance Sales Agent Employment Statistics

This section highlights the information we gathered about the types of businesses and industries that employ insurance sales agents. We found that the most common company type is private. In addition, the industry that employs the most insurance sales agents is the insurance industry.

Company Size

We created this chart to show you the average size of companies that typically hire insurance sales agents.

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< 50 employees

50 - 100 employees

100 - 500 employees

500 - 1,000 employees

1,000 - 10,000 employees

> 10,000

Company SizeascdescPercentagesascdesc
< 50 employees
< 50 employees
4%
4%
50 - 100 employees
50 - 100 employees
3%
3%
100 - 500 employees
100 - 500 employees
15%
15%
500 - 1,000 employees
500 - 1,000 employees
16%
16%
1,000 - 10,000 employees
1,000 - 10,000 employees
39%
39%
> 10,000 employees
> 10,000 employees
24%
24%

The Types Of Companies Insurance Sales Agent Work In

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.

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Education

Public

Private

Company TypeascdescPercentagesascdesc
Education
Education
1%
1%
Public
Public
35%
35%
Private
Private
64%
64%

Top Industries Hiring Insurance Sales Agents

Just based on the number of employees within each industry, we were able to determine the most common industries that employ insurance sales agents. Those industries include insurance, finance and technology.

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Insurance

Fortune 500

Finance

Technology

Health Care

IndustryascdescPercentagesascdesc
Insurance
Insurance
42%
42%
Fortune 500
Fortune 500
15%
15%
Finance
Finance
12%
12%
Technology
Technology
6%
6%
Health Care
Health Care
4%
4%
Professional
Professional
4%
4%
Retail
Retail
2%
2%
Non Profits
Non Profits
2%
2%
Hospitality
Hospitality
2%
2%
Manufacturing
Manufacturing
2%
2%
Media
Media
1%
1%
Government
Government
1%
1%
Start-up
Start-up
1%
1%
Real Estate
Real Estate
1%
1%
Construction
Construction
1%
1%
Internet
Internet
1%
1%
Automotive
Automotive
1%
1%

Insurance Sales Agent Turnover And Employment Statistics

Insurance Sales Agent Unemployment Rate Over Time

The Bureau of Labor Statistics came in clutch when it came down to figuring out how the unemployment rate has changed over time. Between 2008 and 2018, this is how the number of insurance sales agents changed.

  • Unemployment rate
YearascdescInsurance Sales Agent Unemployment Rateascdesc
2010
2010
5.09%
5.09%
2011
2011
4.31%
4.31%
2012
2012
4.18%
4.18%
2013
2013
3.95%
3.95%
2014
2014
3.23%
3.23%
2015
2015
2.63%
2.63%
2016
2016
2.47%
2.47%
2017
2017
2.35%
2.35%
2018
2018
1.88%
1.88%

The Average Number of Years That Insurance Sales Agent Stay in a Job

By looking over 8,261 insurance sales agents resumes, we figured out that the average insurance sales agent enjoys staying at their job for 1-2 years for a percentage of 33%.

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Less than one year

1-2 years

3-4 years

5-7 years

8-10 years

11+ years


Number or YearsascdescPercentagesascdesc
Less than 1 year
Less than 1 year
29%
29%
1-2 years
1-2 years
33%
33%
3-4 years
3-4 years
13%
13%
5-7 years
5-7 years
15%
15%
8-10 years
8-10 years
5%
5%
11+ years
11+ years
6%
6%

Comparing The LGBT Ratio of Insurance Sales Agents with Other Job Titles

After finding the gender ratio, we wondered if the percentages of LGBT persons were different as well. Using the data below, you can see how other job titles compare to insurance sales agents.

Compare Jobs
Job Titleascdesc
LGBTasc
Cashier7.47%
Insurance Sales Agent9.04%
Millwork Sales Specialist10.18%
Bookkeeping Service Sales Agent11.16%
Bank Specialist11.90%
Yellow Pages Space Sales Person16.88%
Tour Agent20.25%

ProfessionascdescPercentages of LGBT ascdesc
Cashier
Cashier
7.47%
7.47%
Millwork Sales Specialist
Millwork Sales Specialist
10.18%
10.18%
Bookkeeping Service Sales Agent
Bookkeeping Service Sales Agent
11.16%
11.16%
Bank Specialist
Bank Specialist
11.90%
11.90%
Yellow Pages Space Sales Person
Yellow Pages Space Sales Person
16.88%
16.88%
Tour Agent
Tour Agent
20.25%
20.25%

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%.

Job Title
  • Spanish, 71.3%
  • French, 7.8%
  • German, 2.8%
  • Chinese, 2.2%
  • Portuguese, 1.9%
  • Other, 14.0%
Job Title
Foreign LanguageascdescPercentagesascdesc
Spanish
Spanish
71.3%
71.3%
French
French
7.8%
7.8%
German
German
2.8%
2.8%
Chinese
Chinese
2.2%
2.2%
Portuguese
Portuguese
1.9%
1.9%
Other
Other
14.0%
14.0%

Insurance Sales Agent Jobs

Recently Added Insurance Sales Agent Jobs

Insurance Sales Agent Heatmaps

The amount you can make as an insurance sales agent can depend on where you live. For example, the highest salary of insurance sales agents is $44,260. Use our chart to find out where that salary is located.

Where Do Insurance Sales Agents Earn The Most?

The map here shows where insurance sales agents earn the highest salaries in the U.S. The darker areas across the 50 states highlight the highest salaries.

Average Salary

Where Are Insurance Sales Agents Located?

By looking through more than 8,261 resumes, we found that the most popular places for insurance sales agents are FL, Tampa and TX, San Antonio.

Number of Insurance Sales Agents

Where Are Insurance Sales Agents In High Demand?

We looked over job openings to determine where in the country insurance sales agents are in the most demand.

Jobs Openings