The annual salary statistics of insurance underwriters in San Francisco-San Mateo-Redwood City, California is shown in Table 1. The wage data of insurance underwriters in San Francisco-San Mateo-Redwood City 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 | $53,110 |
| 25th Percentile Wage | $67,470 |
| 50th Percentile Wage | $90,230 |
| 75th Percentile Wage | $121,230 |
| 90th Percentile Wage | $153,820 |
Table 1 shows the average annual salary for insurance underwriters in San Francisco-San Mateo-Redwood City, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $153,820. The median (50th percentile) annual salary is $90,230. The average annual salary for the bottom 10 percent earners is $53,110.
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 | $90,230 | 5.18% | 18.32% |
| 2016 | $85,560 | 16.73% | - |
| 2015 | $71,250 | 11.05% | - |
| 2014 | $63,380 | -9.48% | - |
| 2013 | $69,390 | -6.21% | - |
| 2012 | $73,700 | - | - |
From Table 3 we note that the median annual salary of $90,230 in San Francisco-San Mateo-Redwood City is in the middle of salary range for insurance underwriters in state of California. In comparison, the annual salary of insurance underwriters in San Francisco-San Mateo-Redwood City is 23.3 percent (23.3%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 32.6 percent (32.6%) higher than that in the lowest paying Santa Cruz-Watsonville.