Licensed sales producer demographics and statistics in the US
Licensed sales producer demographics research summary. Zippia estimates licensed sales producer demographics and statistics in the United States by using a database of 30 million profiles. Our licensed sales producer 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 producers after extensive research and analysis:
- There are over 54,734 licensed sales producers currently employed in the United States.
- 60.8% of all licensed sales producers are women, while 39.2% are men.
- The average licensed sales producer age is 46 years old.
- The most common ethnicity of licensed sales producers is White (66.2%), followed by Hispanic or Latino (15.9%), Black or African American (9.3%) and Asian (4.9%).
- In 2022, women earned 94% of what men earned.
- 7% of all licensed sales producers are LGBT.
- Licensed sales producers are 81% more likely to work at private companies in comparison to public companies.
On this page
Licensed sales producer demographics by:
Licensed sales producer gender statistics
60.8% of licensed sales producers are women and 39.2% of licensed sales producers are men.
- Female, 60.8%
- Male, 39.2%
Licensed sales producer gender ratio
| Gender | Percentages |
|---|---|
| Female | 60.8% |
| Male | 39.2% |
Licensed sales producer gender pay gap
Women earn 94¢ for every $1 earned by men
Male income
$38,635
Female income
$36,342
Licensed sales producer gender ratio over time
This data breaks down the percentage of men and women in licensed sales producer positions over time. Currently, 60.8% of licensed sales producers are female.
Licensed sales producer gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 41.72% | 58.28% |
| 2011 | 41.93% | 58.07% |
| 2012 | 39.93% | 60.07% |
| 2013 | 43.03% | 56.97% |
| 2014 | 40.48% | 59.52% |
| 2015 | 41.99% | 58.01% |
| 2016 | 41.17% | 58.83% |
| 2017 | 41.21% | 58.79% |
| 2018 | 40.77% | 59.23% |
| 2019 | 39.08% | 60.92% |
| 2020 | 37.82% | 62.18% |
| 2021 | 39.18% | 60.82% |
Licensed sales producer related jobs gender ratio
We compared licensed sales producers 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 Producer | 39% | 61% |
| 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 producer demographics by race
The most common ethnicity among licensed sales producers is White, which makes up 66.2% of all licensed sales producers. Comparatively, 15.9% of licensed sales producers are Hispanic or Latino and 9.3% of licensed sales producers are Black or African American.
- White, 66.2%
- Hispanic or Latino, 15.9%
- Black or African American, 9.3%
- Asian, 4.9%
- Unknown, 3.6%
- American Indian and Alaska Native, 0.1%
Licensed sales producer race
| Licensed sales producer race | Percentages |
|---|---|
| White | 66.2% |
| Hispanic or Latino | 15.9% |
| Black or African American | 9.3% |
| Asian | 4.9% |
| Unknown | 3.6% |
| American Indian and Alaska Native | 0.1% |
Licensed sales producer race and ethnicity over time
See how licensed sales producer racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Licensed sales producer race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.65% | 7.92% | 3.82% | 12.41% |
| 2011 | 74.20% | 7.91% | 3.94% | 12.69% |
| 2012 | 73.30% | 8.29% | 4.07% | 12.67% |
| 2013 | 72.42% | 8.92% | 4.17% | 12.81% |
| 2014 | 71.85% | 8.51% | 4.19% | 13.81% |
| 2015 | 70.18% | 9.32% | 4.02% | 14.66% |
| 2016 | 71.14% | 8.93% | 4.06% | 13.79% |
| 2017 | 69.82% | 9.21% | 4.63% | 14.42% |
| 2018 | 70.70% | 7.95% | 4.53% | 14.95% |
| 2019 | 69.37% | 8.63% | 4.33% | 15.94% |
| 2020 | 67.62% | 7.72% | 4.96% | 15.67% |
| 2021 | 66.18% | 9.31% | 4.88% | 15.92% |
Licensed sales producer wage gap by race
According to our data, white licensed sales producers have the highest average salary compared to other ethnicities. Black or african american licensed sales producers have the lowest average salary at $37,026.
| Ethnicity | Salary |
|---|---|
| Unknown | $38,839 |
| White | $40,061 |
| Black or African American | $37,026 |
| Asian | $39,049 |
| Hispanic or Latino | $38,265 |
Average licensed sales producer age
See how the average age of licensed sales producers varies based on ethnicity and gender.
Male
Female
Licensed sales producer 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 |
Licensed sales producer age breakdown
The average age of licensed sales producers is 40+ years years old, representing 66% of the licensed sales producer population.
Licensed sales producer age breakdown
| Licensed Sales Producer Years | Percentages |
|---|---|
| 40+ years | 66% |
| 30-40 years | 23% |
| 20-30 years | 11% |
Licensed sales producer educational attainment
The most common degree for licensed sales producers is bachelor's degree, with 54% of licensed sales producers earning that degree. The second and third most common degree levels are associate degree degree at 22% and associate degree degree at 13%.
- Bachelor's, 54%
- Associate, 22%
- High School Diploma, 13%
- Master's, 4%
- Other Degrees, 7%
Licensed sales producers by degree level
| Licensed sales producer degree | Percentages |
|---|---|
| Bachelor's | 54% |
| Associate | 22% |
| High School Diploma | 13% |
| Master's | 4% |
| Other Degrees | 7% |
Licensed sales producer jobs you might like
Licensed sales producer wage gap by degree level
According to the data, licensed sales producers with a Bachelor's degree earn more than those without, at $41,954 annually. With a Master's degree, licensed sales producers earn a median annual income of $41,891 compared to $40,005 for licensed sales producers with an Doctorate degree.
| Education | Salary |
|---|---|
| Master's Degree | $41,891 |
| High School Diploma or Less | $36,333 |
| Bachelor's Degree | $41,954 |
| Doctorate Degree | $40,005 |
| Some College/ Associate Degree | $36,242 |
Licensed sales producer employment statistics
Most licensed sales producers work for a private in the insurance industry.
Company size where licensed sales producers work
Below, you can see the size of companies where licensed sales producers work.
Licensed sales producer jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 8% |
| 50 - 100 employees | 22% |
| 100 - 500 employees | 22% |
| 500 - 1,000 employees | 12% |
| 1,000 - 10,000 employees | 20% |
| > 10,000 employees | 16% |
Licensed sales producer jobs by company type
Employees with the licensed sales producer job title have their preferences when it comes to working for a company. For instance, most licensed sales producers prefer to work at private companies over public companies.
Licensed sales producer jobs by sector
| Company type | Percentages |
|---|---|
| Public | 12% |
| Private | 81% |
| Government | 7% |
Licensed sales producer jobs by industry
The most common industries for licensed sales producers are insurance, retail and professional.
Licensed sales producer industry statistics
| Industry | Percentages |
|---|---|
| Insurance | 24% |
| Retail | 16% |
| Fortune 500 | 10% |
| Professional | 8% |
| Finance | 6% |
| Government | 6% |
| Technology | 5% |
| Real Estate | 5% |
| Transportation | 3% |
| Start-up | 3% |
| Health Care | 3% |
| Media | 2% |
| Manufacturing | 2% |
| Non Profits | 2% |
| Automotive | 2% |
| Hospitality | 2% |
| Construction | 1% |
| Energy | 1% |
| Internet | 1% |
| Agriculture | 1% |
Licensed sales producer turnover and employment statistics
Licensed sales producer unemployment rate over time
The unemployment rate for licensed sales producers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Licensed sales producer unemployment rate by year
| Year | Licensed sales producer 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 licensed sales producer tenure
The average licensed sales producer stays at their job for 1-2 years, based on the 2,061 licensed sales producers resumes in Zippia's database.
Licensed sales producer tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 29% |
| 1-2 years | 29% |
| 3-4 years | 10% |
| 5-7 years | 22% |
| 8-10 years | 6% |
| 11+ years | 4% |
Licensed sales producer LGBT ratio compared to similar jobs
Review the percent of licensed sales producers 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 |
|---|---|---|
| Global Account Executive | 5.13% | 108,124 |
| Securities Trader | 5.67% | 3,668 |
| Licensed Sales Producer | 6.79% | - |
| Media Sales Consultant | 9.53% | 143,671 |
| Corporate Travel Expert | 17.39% | 20,478 |
Similar licensed sales producer jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Global Account Executive | 5.13% | 108,124 |
| Securities Trader | 5.67% | 3,668 |
| Media Sales Consultant | 9.53% | 143,671 |
| Corporate Travel Expert | 17.39% | 20,478 |
Foreign languages spoken by licensed sales producers
The most common foreign language among licensed sales producers is Spanish at 77.6%. The second-most popular foreign language spoken is Carrier at 4.5% and Vietnamese is the third-most popular at 3.0%.
- Spanish, 77.6%
- Carrier, 4.5%
- Vietnamese, 3.0%
- Arabic, 3.0%
- Portuguese, 1.5%
- Other, 10.4%
Licensed sales producer languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 77.6% |
| Carrier | 4.5% |
| Vietnamese | 3.0% |
| Arabic | 3.0% |
| Portuguese | 1.5% |
| Other | 10.4% |
