Licensed sales agent demographics and statistics in the US
Licensed sales agent demographics research summary. Zippia estimates licensed sales agent demographics and statistics in the United States by using a database of 30 million profiles. Our licensed 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 licensed sales agents after extensive research and analysis:
- There are over 116,204 licensed sales agents currently employed in the United States.
- 54.9% of all licensed sales agents are women, while 45.1% are men.
- The average licensed sales agent age is 43 years old.
- The most common ethnicity of licensed sales agents is White (67.6%), followed by Hispanic or Latino (12.6%), Asian (9.5%) and Black or African American (5.9%).
- Licensed sales agents are most in-demand in Sacramento, CA.
- Minnetonka, MN pays an annual average wage of $47,102, the highest in the US.
- In 2022, women licensed sales agents earned 93% of what men earned.
- Rhode Island is the best state for licensed sales agents to live.
- Licensed sales agents are 78% more likely to work at private companies in comparison to public companies.
On this page
Licensed sales agent demographics by:
Licensed sales agent gender statistics
54.9% of licensed sales agents are women and 45.1% of licensed sales agents are men.
- Female, 54.9%
- Male, 45.1%
Licensed sales agent gender ratio
| Gender | Percentages |
|---|---|
| Female | 54.9% |
| Male | 45.1% |
Licensed sales agent gender pay gap
Women earn 93¢ for every $1 earned by men
Male income
$35,225
Female income
$32,832
Licensed sales agent gender ratio over time
This data breaks down the percentage of men and women in licensed sales agent positions over time. Currently, 54.9% of licensed sales agents are female.
Licensed sales agent gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 39.09% | 60.91% |
| 2011 | 37.14% | 62.86% |
| 2012 | 38.91% | 61.09% |
| 2013 | 38.61% | 61.39% |
| 2014 | 37.91% | 62.09% |
| 2015 | 39.36% | 60.64% |
| 2016 | 40.24% | 59.76% |
| 2017 | 39.61% | 60.39% |
| 2018 | 40.94% | 59.06% |
| 2019 | 44.44% | 55.56% |
| 2020 | 44.17% | 55.83% |
| 2021 | 45.13% | 54.87% |
Licensed sales agent related jobs gender ratio
We compared licensed 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% |
| Licensed Sales Agent | 45% | 55% |
| Futures Trader | 94% | 6% |
| Floor Trader | 95% | 5% |
| Proprietary Trader | 96% | 4% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Licensed sales agent demographics by race
The most common ethnicity among licensed sales agents is White, which makes up 67.6% of all licensed sales agents. Comparatively, 12.6% of licensed sales agents are Hispanic or Latino and 9.5% of licensed sales agents are Asian.
- White, 67.6%
- Hispanic or Latino, 12.6%
- Asian, 9.5%
- Black or African American, 5.9%
- Unknown, 4.2%
- American Indian and Alaska Native, 0.2%
Licensed sales agent race
| Licensed sales agent race | Percentages |
|---|---|
| White | 67.6% |
| Hispanic or Latino | 12.6% |
| Asian | 9.5% |
| Black or African American | 5.9% |
| Unknown | 4.2% |
| American Indian and Alaska Native | 0.2% |
Licensed sales agent race and ethnicity over time
See how licensed sales agent racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Licensed sales agent race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 75.08% | 6.58% | 5.45% | 11.33% |
| 2011 | 75.19% | 6.21% | 6.28% | 10.83% |
| 2012 | 73.55% | 6.26% | 6.32% | 12.42% |
| 2013 | 74.02% | 5.53% | 6.94% | 11.40% |
| 2014 | 74.46% | 5.98% | 6.64% | 11.36% |
| 2015 | 74.10% | 6.11% | 6.92% | 10.98% |
| 2016 | 72.57% | 5.80% | 7.24% | 12.55% |
| 2017 | 72.86% | 5.66% | 7.02% | 12.32% |
| 2018 | 71.03% | 5.67% | 8.47% | 12.46% |
| 2019 | 72.91% | 6.02% | 7.80% | 11.36% |
| 2020 | 69.91% | 5.98% | 7.62% | 12.90% |
| 2021 | 67.60% | 5.93% | 9.51% | 12.58% |
Licensed sales agent wage gap by race
According to our data, unknown licensed sales agents have the highest average salary compared to other ethnicities. Black or african american licensed sales agents have the lowest average salary at $33,142.
| Ethnicity | Salary |
|---|---|
| Unknown | $36,552 |
| White | $36,354 |
| Black or African American | $33,142 |
| Asian | $35,931 |
| Hispanic or Latino | $34,274 |
Average licensed sales agent age
See how the average age of licensed sales agents varies based on ethnicity and gender.
Male
Female
Licensed sales agent age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 40 | 48.5 |
| White | 43 | 47 |
| Black or African American | 40.5 | 47 |
| Asian | 42 | 37.5 |
| Hispanic or Latino | 37 | 42 |
Licensed sales agent age breakdown
The average age of licensed sales agents is 40+ years years old, representing 58% of the licensed sales agent population.
Licensed sales agent age breakdown
| Licensed Sales Agent Years | Percentages |
|---|---|
| 40+ years | 58% |
| 30-40 years | 28% |
| 20-30 years | 14% |
Licensed sales agent educational attainment
The most common degree for licensed sales agents is bachelor's degree, with 55% of licensed sales agents earning that degree. The second and third most common degree levels are associate degree degree at 21% and associate degree degree at 12%.
- Bachelor's, 55%
- Associate, 21%
- High School Diploma, 12%
- Master's, 5%
- Other Degrees, 7%
Licensed sales agents by degree level
| Licensed sales agent degree | Percentages |
|---|---|
| Bachelor's | 55% |
| Associate | 21% |
| High School Diploma | 12% |
| Master's | 5% |
| Other Degrees | 7% |
Licensed sales agent jobs you might like
Licensed sales agent wage gap by degree level
According to the data, licensed sales agents with a Master's degree earn more than those without, at $42,451 annually. With a Doctorate degree, licensed sales agents earn a median annual income of $39,613 compared to $36,421 for licensed sales agents with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $42,451 |
| Bachelor's Degree | $36,421 |
| Doctorate Degree | $39,613 |
Licensed sales agent employment statistics
Most licensed sales agents work for a private in the insurance industry.
Company size where licensed sales agents work
Below, you can see the size of companies where licensed sales agents work.
Licensed sales agent jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 9% |
| 50 - 100 employees | 15% |
| 100 - 500 employees | 22% |
| 500 - 1,000 employees | 8% |
| 1,000 - 10,000 employees | 25% |
| > 10,000 employees | 21% |
Licensed sales agent jobs by company type
Employees with the licensed sales agent job title have their preferences when it comes to working for a company. For instance, most licensed sales agents prefer to work at private companies over public companies.
Licensed sales agent jobs by sector
| Company type | Percentages |
|---|---|
| Public | 21% |
| Private | 78% |
| Government | 1% |
Licensed sales agent jobs by industry
The most common industries for licensed sales agents are insurance, real estate and professional.
Licensed sales agent industry statistics
| Industry | Percentages |
|---|---|
| Insurance | 30% |
| Real Estate | 14% |
| Fortune 500 | 11% |
| Professional | 10% |
| Finance | 7% |
| Health Care | 6% |
| Technology | 4% |
| Media | 3% |
| Internet | 2% |
| Hospitality | 2% |
| Retail | 2% |
| Start-up | 2% |
| Transportation | 1% |
| Government | 1% |
| Automotive | 1% |
| Construction | 1% |
| Manufacturing | 1% |
| Non Profits | 1% |
| Energy | 1% |
Licensed sales agent turnover and employment statistics
Licensed sales agent unemployment rate over time
The unemployment rate for licensed sales agents between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Licensed sales agent unemployment rate by year
| Year | Licensed sales agent unemployment rate |
|---|---|
| 2010 | 7.50% |
| 2011 | 6.42% |
| 2012 | 6.14% |
| 2013 | 4.28% |
| 2014 | 4.90% |
| 2015 | 3.10% |
| 2016 | 4.15% |
| 2017 | 3.43% |
| 2018 | 2.39% |
| 2019 | 3.02% |
| 2020 | 4.76% |
| 2021 | 3.65% |
Average licensed sales agent tenure
The average licensed sales agent stays at their job for 1-2 years, based on the 1,900 licensed sales agents resumes in Zippia's database.
Licensed sales agent tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 27% |
| 1-2 years | 31% |
| 3-4 years | 13% |
| 5-7 years | 16% |
| 8-10 years | 6% |
| 11+ years | 8% |
Licensed sales agent LGBT ratio compared to similar jobs
Review the percent of licensed 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 |
|---|---|---|
| Account Executive Lead | 5.13% | 121,821 |
| Licensed Sales Agent | 5.67% | - |
| Commercial Lines Account Manager | 6.79% | 84,354 |
| Media Sales Associate | 9.53% | 163,816 |
| Travel Specialist | 17.39% | 7,580 |
Similar licensed sales agent jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Account Executive Lead | 5.13% | 121,821 |
| Commercial Lines Account Manager | 6.79% | 84,354 |
| Media Sales Associate | 9.53% | 163,816 |
| Travel Specialist | 17.39% | 7,580 |
Foreign languages spoken by licensed sales agents
The most common foreign language among licensed sales agents is Spanish at 83.9%. The second-most popular foreign language spoken is French at 3.6% and Arabic is the third-most popular at 3.6%.
- Spanish, 83.9%
- French, 3.6%
- Arabic, 3.6%
- Portuguese, 1.8%
- Chinese, 1.8%
- Other, 5.3%
Licensed sales agent languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 83.9% |
| French | 3.6% |
| Arabic | 3.6% |
| Portuguese | 1.8% |
| Chinese | 1.8% |
| Other | 5.3% |
