Industry Trends
Industry Trends (United States):
5242 Insurance agencies and brokerages (all ownership categories *) |
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | Chg 2015-19 |
| No. of Establishments | 161,393 | 162,744 | 163,295 | 165,585 | 167,375 | 3.7% |
| Total Employment | 1,073,242 | 1,106,949 | 1,140,776 | 1,178,071 | 1,199,727 | 11.8% |
| Total Annual Wages | $78,143,166,260 | $82,302,340,030 | $87,392,100,394 | $93,899,717,605 | $97,335,482,556 | 24.6% |
| Average Annual Wage | $72,810 | $74,351 | $76,608 | $79,706 | $81,131 | 11.4% |
Industry Trends (Alabama):
5242 Insurance agencies and brokerages (all ownership categories *) |
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | Chg 2015-19 |
| No. of Establishments | 2,598 | 2,668 | 2,720 | 2,764 | 2,846 | 9.5% |
| Total Employment | 12,922 | 13,697 | 14,416 | 14,663 | 14,942 | 15.6% |
| Total Annual Wages | $1,034,290,418 | $1,034,227,516 | $1,119,918,721 | $1,146,476,917 | $1,175,212,502 | 13.6% |
| Average Annual Wage | $80,041 | $75,508 | $77,686 | $78,188 | $78,652 | -1.7% |
Source: U.S. Department of Labor, Bureau of Labor Statistics, Quarterly Census of Employment and Wages
* Includes all ownership categories not subject to BLS disclosure restrictions,
which may differ by geographic area. For industry trends data by ownership categories,
see the BLS/QCEW website,
multi-screen data search.