The annual salary statistics of insurance underwriters in Huntsville, Alabama is shown in Table 1. The wage information of insurance underwriters in Huntsville is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $58,380 |
| 25th Percentile Wage | $87,100 |
| 50th Percentile Wage | $94,680 |
| 75th Percentile Wage | $102,260 |
| 90th Percentile Wage | $106,810 |
Table 1 shows the average annual salary for insurance underwriters in Huntsville, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $106,810. The median (50th percentile) annual salary is $94,680. The average annual salary for the bottom 10 percent earners is $58,380.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2017. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $94,680 | 4.67% | 4.67% |
| 2016 | $90,260 | 2.18% | - |
| 2015 | $88,290 | -2.23% | - |
| 2012 | $90,260 | - | - |
From Table 3 we note that with a median annual salary of $94,680, Huntsville is the highest paying city for insurance underwriters in state of Alabama, followed by Birmingham-Hoover (median annual salary $73,250). In comparison, the median annual salary of insurance underwriters in Huntsville is 22.6 percent (22.6%) higher than that in Birmingham-Hoover.
| Cities/Areas | Median Annual Salary |
|---|---|
| Huntsville | |
| Birmingham-Hoover | |
| Auburn-Opelika | |
| Montgomery | |
| Mobile | |
| Southwest Alabama nonmetropolitan area |