The annual salary statistics of insurance underwriters in Oxnard-Thousand Oaks-Ventura, California is shown in Table 1. The wage data of insurance underwriters in Oxnard-Thousand Oaks-Ventura 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 | $63,100 |
| 25th Percentile Wage | $66,600 |
| 50th Percentile Wage | $96,310 |
| 75th Percentile Wage | $107,640 |
| 90th Percentile Wage | $131,160 |
Table 1 shows the average annual salary for insurance underwriters in Oxnard-Thousand Oaks-Ventura, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $131,160. The median (50th percentile) annual salary is $96,310. The average annual salary for the bottom 10 percent earners is $63,100.
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 | $96,310 | 21.02% | 34.94% |
| 2021 | $76,070 | 8.01% | - |
| 2020 | $69,980 | -7.89% | - |
| 2018 | $75,500 | 0.97% | - |
| 2017 | $74,770 | 9.92% | - |
| 2016 | $67,350 | 8.34% | - |
| 2015 | $61,730 | 1.20% | - |
| 2014 | $60,990 | 6.21% | - |
| 2013 | $57,200 | -9.55% | - |
| 2012 | $62,660 | - | - |
From Table 3 we note that the median annual salary of $96,310 in Oxnard-Thousand Oaks-Ventura is in the middle of salary range for insurance underwriters in state of California. In comparison, the annual salary of insurance underwriters in Oxnard-Thousand Oaks-Ventura is 18.2 percent (18.2%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 36.8 percent (36.8%) higher than that in the lowest paying Santa Cruz-Watsonville.