The annual salary statistics of insurance underwriters in Lakeland-Winter Haven, Florida is shown in Table 1. The wage information of insurance underwriters in Lakeland-Winter Haven 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 | $46,620 |
| 25th Percentile Wage | $49,190 |
| 50th Percentile Wage | $62,030 |
| 75th Percentile Wage | $77,340 |
| 90th Percentile Wage | $97,700 |
Table 1 shows the average annual salary for insurance underwriters in Lakeland-Winter Haven, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $97,700. The median (50th percentile) annual salary is $62,030. The average annual salary for the bottom 10 percent earners is $46,620.
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 | $62,030 | -42.12% | 4.21% |
| 2020 | $88,160 | 31.52% | - |
| 2019 | $60,370 | 1.54% | - |
| 2018 | $59,440 | 10.78% | - |
| 2017 | $53,030 | -4.62% | - |
| 2016 | $55,480 | 2.11% | - |
| 2015 | $54,310 | -9.41% | - |
| 2012 | $59,420 | - | - |
From Table 3 we note that the median annual salary of $62,030 in Lakeland-Winter Haven is in the middle of salary range for insurance underwriters in state of Florida. In comparison, the annual salary of insurance underwriters in Lakeland-Winter Haven is 35.4 percent (35.4%) lower than that in the highest paying Cape Coral-Fort Myers and 25.2 percent (25.2%) higher than that in the lowest paying Deltona-Daytona Beach-Ormond Beach.