Insurance Underwriter Salary Information in Kentucky

The average annual and hourly salaries for insurance underwriters in the state of Kentucky are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of insurance underwriters among Kentucky cities is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Insurance Underwriters in Kentucky

Percentile BracketAverage Annual Salary
10th Percentile Wage
$37,250
25th Percentile Wage
$45,210
50th Percentile Wage
$57,910
75th Percentile Wage
$78,950
90th Percentile Wage
$104,860

Table 1 shows the average annual salary for insurance underwriters in Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $104,860. The median (50th percentile) annual salary is $57,910. The average annual salary for the bottom 10 percent is $37,250.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$57,910
4.78% -1.54%
2016
$55,140
-2.36% -
2015
$56,440
-4.91% -
2014
$59,210
-0.08% -
2013
$59,260
0.78% -
2012
$58,800
- -

Table 3. Median Annual Salary of Insurance Underwriters in Kentucky Cities

Table 3 shows the median annual salary of insurance underwriters in some Kentucky cities and metropolitan areas. We note that the median annual salary of insurance underwriters in state of Kentucky ranges from $54,420 to $67,120. The highest paying area for insurance underwriters in Kentucky is Lexington-Fayette with a median annual salary of $67,120. The second highest paying city/area in Kentucky State is Evansville (mean annual salary $57,120). The lowest paying area is South Central Kentucky nonmetropolitan area with a median annual salary of $54,420.

Cities/Areas Median Annual Salary
Lexington-Fayette
$67,120
Evansville
$57,120
Louisville-Jefferson County
$56,390
South Central Kentucky nonmetropolitan area
$54,420




Related:

💰 Highest paying cities for insurance underwriters

💰 Highest paying industries for insurance underwriters.