The annual salary statistics of insurance underwriters in Phoenix-Mesa-Glendale, Arizona is shown in Table 1. The wage data of insurance underwriters in Phoenix-Mesa-Glendale 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 | $38,590 |
| 25th Percentile Wage | $50,590 |
| 50th Percentile Wage | $64,550 |
| 75th Percentile Wage | $87,520 |
| 90th Percentile Wage | $104,910 |
Table 1 shows the average annual salary for insurance underwriters in Phoenix-Mesa-Glendale, Arizona in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $104,910. The median (50th percentile) annual salary is $64,550. The average annual salary for the bottom 10 percent earners is $38,590.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $64,550 | -19.98% | 7.27% |
| 2021 | $77,450 | 8.50% | - |
| 2020 | $70,870 | -1.61% | - |
| 2019 | $72,010 | -0.61% | - |
| 2018 | $72,450 | 3.74% | - |
| 2017 | $69,740 | 0.24% | - |
| 2016 | $69,570 | 7.39% | - |
| 2015 | $64,430 | -4.31% | - |
| 2014 | $67,210 | -2.90% | - |
| 2013 | $69,160 | 13.45% | - |
| 2012 | $59,860 | - | - |
From Table 3 we note that with a median annual salary of $64,550, Phoenix-Mesa-Glendale is the highest paying city for insurance underwriters in state of Arizona, followed by Tucson (median annual salary $50,870). In comparison, the median annual salary of insurance underwriters in Phoenix-Mesa-Glendale is 21.2 percent (21.2%) higher than that in Tucson.
| Cities/Areas | Median Annual Salary |
|---|---|
| Phoenix-Mesa-Glendale | |
| Tucson |