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Insurance Underwriter Salary Information in South Dakota

The average annual and hourly salaries for insurance underwriters in the state of South Dakota are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of insurance underwriters amongst South Dakota 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 South Dakota

Percentile BracketAverage Annual Salary
10th Percentile Wage
$47,320
25th Percentile Wage
$60,310
50th Percentile Wage
$74,910
75th Percentile Wage
$94,990
90th Percentile Wage
$118,510

Table 1 shows the average annual salary for insurance underwriters in South Dakota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $118,510. The median (50th percentile) annual salary is $74,910. The average annual salary for the bottom 10 percent is $47,320.

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
$74,910
-1.33% 15.03%
2016
$75,910
4.44% -
2015
$72,540
7.57% -
2014
$67,050
-2.15% -
2013
$68,490
7.07% -
2012
$63,650
- -

Table 3. Median Annual Salary of Insurance Underwriters in South Dakota Cities

Table 3 shows the median annual salary of insurance underwriters in some South Dakota cities and metropolitan areas. We note that the median annual salary of insurance underwriters in state of South Dakota ranges from $65,000 to $76,670. The highest paying area for insurance underwriters in South Dakota is Sioux Falls with a median annual salary of $76,670. The second highest paying city/area in South Dakota State is Rapid City (mean annual salary $71,520). The lowest paying area is Sioux City with a median annual salary of $65,000.

Cities/Areas Median Annual Salary
Sioux Falls
$76,670
Rapid City
$71,520
Eastern South Dakota nonmetropolitan area
$65,320
Sioux City
$65,000




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