The annual salary statistics of insurance underwriters in Sacramento-Arden-Arcade-Roseville, California is shown in Table 1. The wage information of insurance underwriters in Sacramento-Arden-Arcade-Roseville 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 | $59,140 |
| 25th Percentile Wage | $68,090 |
| 50th Percentile Wage | $81,120 |
| 75th Percentile Wage | $109,660 |
| 90th Percentile Wage | $130,260 |
Table 1 shows the average annual salary for insurance underwriters in Sacramento-Arden-Arcade-Roseville, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $130,260. The median (50th percentile) annual salary is $81,120. The average annual salary for the bottom 10 percent earners is $59,140.
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 | $81,120 | 0.80% | 20.27% |
| 2021 | $80,470 | 9.44% | - |
| 2020 | $72,870 | 1.78% | - |
| 2019 | $71,570 | -3.45% | - |
| 2018 | $74,040 | -3.00% | - |
| 2017 | $76,260 | 4.30% | - |
| 2016 | $72,980 | 7.47% | - |
| 2015 | $67,530 | -1.73% | - |
| 2014 | $68,700 | 0.01% | - |
| 2013 | $68,690 | 5.84% | - |
| 2012 | $64,680 | - | - |
From Table 3 we note that the median annual salary of $81,120 in Sacramento-Arden-Arcade-Roseville is in the middle of salary range for insurance underwriters in state of California. In comparison, the annual salary of insurance underwriters in Sacramento-Arden-Arcade-Roseville is 31.1 percent (31.1%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 25.0 percent (25.0%) higher than that in the lowest paying Santa Cruz-Watsonville.