According to the US Bureau of Labor Statistics, the average annual salary for Barbers is $35,700, while the average annual salary for Insurance Sales Agents is $69,340. This means that Insurance Sales Agents earn a much higher salary than Barbers.
However, it's important to mention that the amount of pay an employee receives can be influenced by factors like location, experience, and the specific setting in which they work. For example, Barbers in Washington may have higher earnings (averaging $53,250 per annum) compared to those in Mississippi ($23,290). To give another example, the average salary of Insurance Sales Agents in Washington DC is 97% higher compared to those in Utah.
Barbers vs Insurance Sales Agents overview
Barbers and Insurance Sales Agents are fundamental to the Personal and Laundry Services and Insurance Carriers industries respectively. People are often interested in learning about the distinctions between these occupations, including the average salary for each of them.
Barber job description
Barbers provide barbering services, such as cutting, trimming, shampooing, and styling hair; trimming beards; or giving shaves.
Barber education and experience
About a third of Barbers hold a Post-Secondary Certificate, 25% have a High School Diploma, and 21% hold a Less than a High School Diploma. With regard to experience, about a half of Barber jobs do not require any previous experience. A smaller part of jobs (13%) require a previous experience of 6 months to 1 year.
Barber average salary
The US Bureau of Labor Statistics has reported that in 2021, there were 12,910 Barbers working in the United States, and on average, they earned $35,700 per year. The bottom 10 percent earned $22,430 or less, and the top 10 percent earned $53,260 or more. Compared to the previous year, the average salary has fallen by 6.2%.
Do Barbers make good money?
The average salary of Barbers is 39% lower than the average salary in the United States ($58,260). However, they earn 4% less than the average pay of the Personal and Laundry Services industry ($37,220).
The average salary of Barbers is 39% lower than the average salary in the United States ($58,260).
Barbers job growth
The hiring of Barbers has decreased in the last two years. In 2021, there have been 1,970 less roles than the previous year nationwide, which marks a decrease of 13.2%. Job growth has averaged -13.1% for the last 3 years.
Insurance Sales Agent job description
Insurance Sales Agents 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.
Insurance Sales Agent education and experience
Of Insurance Sales Agents, 39% have completed a Bachelor's Degree, 16% have an Associate's Degree, and 15% hold a High School Diploma. In terms of experience, 43% of Insurance Sales Agent jobs require no previous experience. A smaller percentage of jobs (14%) require a previous experience of less than 1 month.
Insurance Sales Agent average salary
According to the US Bureau of Labor Statistics, there were 422,600 Insurance Sales Agents employed in the United States in 2021, and they earned a mean annual income of $69,340. The bottom 10 percent earned $29,970 or less, and the top 10 percent earned $126,510 or more. Compared to the previous year, the average salary is up by 0.3%.
Do Insurance Sales Agents make good money?
The average salary of Insurance Sales Agents is 19% higher than the average wage in the United States ($58,260). However, they earn 10% less than the average wage of the Insurance Carriers industry ($76,810).
The average salary of Insurance Sales Agents is 19% higher than the average wage in the United States ($58,260).
Insurance Sales Agents job growth
In 2021, there have been 12,650 more Insurance Sales Agent positions than the previous year nationwide, which marks a rise of 3.1%. Job growth has averaged 2.4% for the last 3 years.
FAQ
Do Barbers or Insurance Sales Agents make more?
Insurance Sales Agents make 94% more than Barbers. The average annual salary for Barbers is $35,700, compared to $69,340 for Insurance Sales Agents.