Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for life insurance 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 108,198 life insurance agents currently employed in the United States.
  • 46.3% of all life insurance agents are women, while 53.7% are men.
  • The average age of an employed life insurance agent is 46 years old.
  • The most common ethnicity of life insurance agents is White (66.0%), followed by Hispanic or Latino (16.0%), Black or African American (9.4%) and Asian (4.9%).
  • Life insurance agents are most in-demand in Dallas, TX.
  • The insurance industry is the highest-paying for life insurance agents.
  • Anchorage, AK pays an annual average wage of $125,234, the highest in the US.
  • In 2021, women earned 91% of what men earned.
  • 7% of all life insurance agents are LGBT.
  • Oregon is the best state for life insurance agents to live.
  • Life insurance agents are 79% more likely to work at private companies in comparison to public companies.

Life Insurance Agent Statistics By Gender

46.3% of life insurance agents are women and 53.7% of life insurance agents are men.

  • Male, 53.7%
  • Female, 46.3%

Life Insurance Agents By Gender

GenderPercentages
Male53.7%
Female46.3%

Gender Pay Gap For Life Insurance Agent

Women Earn 91¢ For Every $1 Earned By Men

male-income
Male Income
$63,233
female-income
Female Income
$57,765

Life Insurance Agent Gender Over Time

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

Male
Female
100%
80%
60%
40%
20%
0%
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021

Life Insurance Agent Gender By Year

YearMaleFemale
201056.27%43.73%
201156.49%43.51%
201254.44%45.56%
201357.59%42.41%
201455.02%44.98%
201556.55%43.45%
201655.72%44.28%
201755.75%44.25%
201855.31%44.69%
201953.56%46.44%
202052.24%47.76%
202153.66%46.34%

Life Insurance Agent Male to Female Ratio

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

Job TitleMaleFemale
Insurance Follow Up Representative11%89%
Insurance Verification Specialist11%89%
Commercial Lines Account Manager13%87%
Life Insurance Agent54%46%
Futures Trader94%6%
Floor Trader95%5%
Proprietary Trader96%4%

Life Insurance Agent Statistics By Race

The most common ethnicity among life insurance agents is White, which makes up 66.0% of all life insurance agents. Comparatively, there are 16.0% of the Hispanic or Latino ethnicity and 9.4% of the Black or African American ethnicity.

  • White, 66.0%
  • Hispanic or Latino, 16.0%
  • Black or African American, 9.4%
  • Asian, 4.9%
  • Unknown, 3.6%
  • American Indian and Alaska Native, 0.1%

Life Insurance Agent Race

Life Insurance Agent RacePercentages
White66.0%
Hispanic or Latino16.0%
Black or African American9.4%
Asian4.9%
Unknown3.6%
American Indian and Alaska Native0.1%

Life Insurance Agent Race And Ethnicity Over Time

Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2010-2019 among life insurance agents.

  • White
  • Asian
  • Hispanic or Latino
  • Black or African American

Life Insurance Agent Race By Year

YearWhiteBlack or African AmericanAsianHispanic or Latino
201074.44%7.98%3.84%12.54%
201173.99%7.97%3.96%12.82%
201273.09%8.36%4.09%12.79%
201372.21%8.98%4.19%12.94%
201471.65%8.57%4.21%13.94%
201569.97%9.38%4.04%14.79%
201670.94%8.99%4.08%13.92%
201769.61%9.27%4.65%14.55%
201870.49%8.01%4.55%15.07%
201969.17%8.69%4.35%16.07%
202067.41%7.78%4.98%15.79%
202165.98%9.37%4.90%16.05%

Life Insurance Agent Wage Gap By Race

White life insurance agents have the highest average salary compared to other ethnicities. Black or african american life insurance agents have the lowest average salary at $59,380.
$68,000
$66,000
$64,000
$62,000
$60,000
$58,000
Unknown
White
Black or African American
Asian
Hispanic or Latino
EthnicitySalary
Unknown$63,728
White$66,713
Black or African American$59,380
Asian$64,237
Hispanic or Latino$62,340

Life Insurance Agent JOBS

Average Age of a Life Insurance Agent

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

Male
Female

Life Insurance Agent Age By Race

RaceMale AgeFemale Age
Unknown4442
White4749
Black or African American4646.5
Asian4641
Hispanic or Latino4139

Life Insurance Agent Age Breakdown

This chart breaks down the ages of life insurance agent employees. Interestingly enough, the average age of life insurance agents is 40+ years old, which represents 66% of the population.

40+ years

30-40 years

20-30 years


Life Insurance Agent Age

Life Insurance Agent YearsPercentages
40+ years66%
30-40 years23%
20-30 years11%

Types of Life Insurance Agent Degree Levels

The most common degree for life insurance agents is bachelor's degree 53% of life insurance agents earn that degree. A close second is associate degree with 20% and rounding it off is high school diploma with 13%.

  • Bachelors, 53%
  • Associate, 20%
  • High School Diploma, 13%
  • Masters, 6%
  • Other Degrees, 8%

Life Insurance Agents By Education

Life Insurance Agent DegreePercentages
Bachelors53%
Associate20%
High School Diploma13%
Masters6%
Other Degrees8%

Life Insurance Agent Jobs You Might Like

Life Insurance Agent Wage Gap By Education

Life insurance agents with a Bachelors degree earn more than those without, at $71,424 annually. With a Masters degree, life insurance agents earn a median annual income of $71,265 compared to $66,575 for life insurance agents with an Doctorate degree.
$73,000
$70,000
$67,000
$64,000
$61,000
$58,000
$55,000
High School Diploma or Less
Master's Degree
Bachelor's Degree
Doctorate Degree
Some College/ Associate Degree
EducationSalary
High School Diploma or Less$57,744
Master's Degree$71,265
Bachelor's Degree$71,424
Doctorate Degree$66,575
Some College/ Associate Degree$57,531

Life Insurance Agent Employment Statistics

This section highlights information about where life insurance agents work. We found most life insurance agents work for a private company. In addition, the industry that employs the most life insurance agents is the insurance industry.

Company Size

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

< 50 employees

50 - 100 employees

100 - 500 employees

500 - 1,000 employees

1,000 - 10,000 employees

> 10,000

Life Insurance Agent Jobs By Employer Size

Company SizePercentages
< 50 employees7%
50 - 100 employees21%
100 - 500 employees25%
500 - 1,000 employees7%
1,000 - 10,000 employees25%
> 10,000 employees15%

The Types Of Companies Life Insurance Agent Work In

Employees with the life insurance agent job title have their preferences when it comes to working for a company. For instance, most life insurance agents prefer to work at private companies over public companies.

Education

Public

Private

Government

Life Insurance Agent Jobs By Sector

Company TypePercentages
Education1%
Public18%
Private79%
Government2%

Top Industries Hiring Life Insurance Agents

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

Insurance

Finance

Fortune 500

Professional

Health Care

Life Insurance Agent Turnover And Employment Statistics

Life Insurance 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 life insurance agents changed.

  • Unemployment rate

Life Insurance Agent Unemployment Rate By Year

YearLife Insurance Agent Unemployment Rate
20105.09%
20114.31%
20124.18%
20133.95%
20143.23%
20152.63%
20162.47%
20172.35%
20181.88%
20192.06%
20203.05%
20213.58%

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

By looking over 6,949 life insurance agents resumes, we figured out that the average life insurance agent enjoys staying at their job for Less than 1 year for a percentage of 32%.

Less than one year

1-2 years

3-4 years

5-7 years

8-10 years

11+ years

Life Insurance Agent Tenure

Number or YearsPercentages
Less than 1 year32%
1-2 years30%
3-4 years11%
5-7 years16%
8-10 years5%
11+ years6%

Comparing The LGBT Ratio of Life Insurance 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 life insurance agents.

Job TitleLGBTJob Openings
Strategic Account Executive5.13%130,703
Phone Banker5.67%22,843
Life Insurance Agent6.79%-
Advertising Sales Consultant9.53%51,824
Travel Service Consultant17.39%12,772

Life Insurance Agent LGBT Demographics

ProfessionPercentages of LGBT Job Openings
Strategic Account Executive5.13%130,703
Phone Banker5.67%22,843
Advertising Sales Consultant9.53%51,824
Travel Service Consultant17.39%12,772

Foreign Languages Spoken By Life Insurance Agents

The most common foreign language among life insurance agents is Spanish at 59.3%. The second-most popular foreign language spoken is French at 7.4% and Portuguese is the third-most popular at 2.9%.

  • Spanish, 59.3%
  • French, 7.4%
  • Portuguese, 2.9%
  • Japanese, 2.9%
  • Mandarin, 2.9%
  • Other, 24.6%

Life Insurance Agent Languages Spoken

Foreign LanguagePercentages
Spanish59.3%
French7.4%
Portuguese2.9%
Japanese2.9%
Mandarin2.9%
Other24.6%

Life Insurance Agent Jobs

Recently Added Life Insurance Agent Jobs

Life Insurance Agent Heatmaps

The amount you can make as a life insurance agent can depend on where you live. For example, the highest salary of life insurance agents is $73,057. Use our chart to find out where that salary is located.

Where Do Life Insurance Agents Earn The Most?

Life insurance agents earn the most in Alaska, where the average life insurance agent salary is $124,219. The map here shows where life insurance agents earn the highest salaries in the U.S. The darker areas across the 50 states highlight the highest salaries.

Average Salary

Which State Has The Most Life Insurance Agents?

By looking through more than 6,949 resumes, we found that the most popular places for life insurance agents are New York, NY and Houston, TX.

Number of Life Insurance Agents

Number Of Life Insurance Agent Jobs By State

Where Are Life Insurance Agents In High Demand?

Life insurance agents are in high demand in Dallas, TX. There are currently 17 job openings for life insurance agents here. We looked over job openings to determine where in the country life insurance agents are in the most demand.

Jobs Openings

Life Insurance Agent Demographics FAQs

How Many Life Insurance Agent Are There In The Us?

There are over 108,198 Life Insurance Agents in the United States.

What Percentage Of Life Insurance Agents Are Black?

9.4% of Life Insurance Agents are Black or African American

What Race Are Most Life Insurance Agents?

Most a are White, with 66.0% of Life Insurance Agents belonging to this ethnicity. 16.0% of Life Insurance Agents are Hispanic or Latino, 9.4% of Life Insurance Agents are Black or African American, 4.9% of Life Insurance Agents are Asian, 3.6% of Life Insurance Agents are Unknown, and 0.1% of Life Insurance Agents are American Indian and Alaska Native

Are Life Insurance Agent Jobs Male - Dominated?

Yes, Life Insurance Agent jobs are male - dominated. 53% of Life Insurance Agents are male, and 46% are female, so there are more male Life Insurance Agents than female Life Insurance Agents in the United States.

How Old Is The Average Life Insurance Agent?

The average Life Insurance Agent is 46 years old. 66% of Life Insurance Agents are 40+ years old or older, 23% are between the ages of 30-40 years, and 11% are between 20-30 years old

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