The annual salary statistics of insurance underwriters in Denver-Aurora-Broomfield, Colorado is shown in Table 1. The wage data of insurance underwriters in Denver-Aurora-Broomfield 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 | $61,680 |
| 25th Percentile Wage | $69,240 |
| 50th Percentile Wage | $93,190 |
| 75th Percentile Wage | $104,940 |
| 90th Percentile Wage | $143,150 |
Table 1 shows the average annual salary for insurance underwriters in Denver-Aurora-Broomfield, Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $143,150. The median (50th percentile) annual salary is $93,190. The average annual salary for the bottom 10 percent earners is $61,680.
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 | $93,190 | 14.52% | 27.93% |
| 2021 | $79,660 | -9.55% | - |
| 2020 | $87,270 | 9.38% | - |
| 2019 | $79,080 | 3.79% | - |
| 2018 | $76,080 | -0.93% | - |
| 2017 | $76,790 | 3.39% | - |
| 2016 | $74,190 | 2.90% | - |
| 2015 | $72,040 | 2.96% | - |
| 2014 | $69,910 | -0.33% | - |
| 2013 | $70,140 | 4.25% | - |
| 2012 | $67,160 | - | - |
From Table 3 we note that with a median annual salary of $93,190, Denver-Aurora-Broomfield is the highest paying city for insurance underwriters in state of Colorado, followed by Colorado Springs (median annual salary $74,100). In comparison, the median annual salary of insurance underwriters in Denver-Aurora-Broomfield is 20.5 percent (20.5%) higher than that in Colorado Springs.
| Cities/Areas | Median Annual Salary |
|---|---|
| Denver-Aurora-Broomfield | |
| Colorado Springs | |
| Greeley | |
| Boulder |