Insurance Sales Agents (41-3021) in Connecticut

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Insurance Sales Agents (41-3021) in Connecticut

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State of Connecticut (1Q 2023)
All Industry
Estimated Employment		4,700
Mean wage		$42.32
Entry wage		$23.10
10th percentile wage		$19.40
50th percentile wage		$37.81
90th percentile wage		$69.16

Top Employing Industries
Industry	Employment / Percent
Insurance Carriers and Related Activities	4,310	91.5%
Administrative and Support Services	80	1.7%

Best Paying Industries
Industry	Employment / Median Wage
Insurance Carriers and Related Activities	4,310	$36.09
Administrative and Support Services	80	$21.47

Insurance Sales Agents (41-3021)

Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$37.81		$17.77		$20.04
2022	$36.55	+3.4%	$17.18	+3.4%	$19.37
2021	$34.13	+7.1%	$16.04	+7.1%	$18.09
2020	$32.45	+5.2%	$15.25	+5.2%	$17.20
2019	$31.01	+4.7%	$14.57	+4.7%	$16.43
2018	$30.01	+3.3%	$14.10	+3.3%	$15.90
2017	$28.91	+3.8%	$13.59	+3.8%	$15.32
2016	$28.84	+.2%	$13.55	+.2%	$15.29
2015	$27.89	+3.4%	$13.11	+3.4%	$14.78
2014	$27.28	+2.2%	$12.82	+2.2%	$14.46
Year	This Occupation		Compared to All Occupations		Difference
Current	$37.81		$25.76		$12.05
2022	$36.55	+3.4%	$24.90	+3.4%	$11.65
2021	$34.13	+7.1%	$23.56	+5.7%	$10.57
2020	$32.45	+5.2%	$22.76	+3.5%	$9.70
2019	$31.01	+4.7%	$22.11	+2.9%	$8.90
2018	$30.01	+3.3%	$21.46	+3.0%	$8.54
2017	$28.91	+3.8%	$20.85	+2.9%	$8.06
2016	$28.84	+.2%	$20.37	+2.4%	$8.48
2015	$27.89	+3.4%	$19.85	+2.6%	$8.04
2014	$27.28	+2.2%	$19.43	+2.2%	$7.85

Reference Date: 1st Quarter 2023

Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.


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