The annual salary statistics of insurance underwriters in Cape Coral-Fort Myers, Florida is shown in Table 1. The wage information of insurance underwriters in Cape Coral-Fort Myers 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 | $37,710 |
| 25th Percentile Wage | $44,260 |
| 50th Percentile Wage | $96,040 |
| 75th Percentile Wage | $105,310 |
| 90th Percentile Wage | $121,020 |
Table 1 shows the average annual salary for insurance underwriters in Cape Coral-Fort Myers, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $121,020. The median (50th percentile) annual salary is $96,040. The average annual salary for the bottom 10 percent earners is $37,710.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $96,040 | 13.33% | 40.73% |
| 2020 | $83,240 | 52.59% | - |
| 2019 | $39,460 | -29.07% | - |
| 2017 | $50,930 | -11.76% | - |
| 2016 | $56,920 | 1.19% | - |
| 2015 | $56,240 | -1.21% | - |
| 2012 | $56,920 | - | - |
From Table 3 we note that with a median annual salary of $96,040, Cape Coral-Fort Myers is the highest paying city for insurance underwriters in state of Florida, followed by Miami-Miami Beach-Kendall (median annual salary $87,580). In comparison, the median annual salary of insurance underwriters in Cape Coral-Fort Myers is 8.8 percent (8.8%) higher than that in Miami-Miami Beach-Kendall.