The annual salary statistics of insurance underwriters in Oakland-Fremont-Hayward, California is shown in Table 1. The wage data of insurance underwriters in Oakland-Fremont-Hayward 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 | $41,070 |
| 25th Percentile Wage | $50,510 |
| 50th Percentile Wage | $67,790 |
| 75th Percentile Wage | $97,830 |
| 90th Percentile Wage | $125,700 |
Table 1 shows the average annual salary for insurance underwriters in Oakland-Fremont-Hayward, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $125,700. The median (50th percentile) annual salary is $67,790. The average annual salary for the bottom 10 percent earners is $41,070.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $67,790 | 10.46% | -6.23% |
| 2016 | $60,700 | -4.45% | - |
| 2015 | $63,400 | -12.07% | - |
| 2014 | $71,050 | -6.84% | - |
| 2013 | $75,910 | 5.14% | - |
| 2012 | $72,010 | - | - |
From Table 3 we note that the median annual salary of $67,790 in Oakland-Fremont-Hayward is in the middle of salary range for insurance underwriters in state of California. In comparison, the annual salary of insurance underwriters in Oakland-Fremont-Hayward is 42.4 percent (42.4%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 10.3 percent (10.3%) higher than that in the lowest paying Santa Cruz-Watsonville.