The annual salary statistics of insurance underwriters in Orlando-Kissimmee-Sanford, Florida is shown in Table 1. The wage information of insurance underwriters in Orlando-Kissimmee-Sanford 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 | $43,250 |
| 25th Percentile Wage | $49,350 |
| 50th Percentile Wage | $64,490 |
| 75th Percentile Wage | $86,610 |
| 90th Percentile Wage | $106,860 |
Table 1 shows the average annual salary for insurance underwriters in Orlando-Kissimmee-Sanford, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $106,860. The median (50th percentile) annual salary is $64,490. The average annual salary for the bottom 10 percent earners is $43,250.
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 | $64,490 | 2.06% | 16.55% |
| 2021 | $63,160 | 6.08% | - |
| 2020 | $59,320 | -31.46% | - |
| 2019 | $77,980 | 1.59% | - |
| 2018 | $76,740 | 9.56% | - |
| 2017 | $69,400 | 3.72% | - |
| 2016 | $66,820 | 9.35% | - |
| 2015 | $60,570 | 4.97% | - |
| 2014 | $57,560 | 3.18% | - |
| 2013 | $55,730 | 3.43% | - |
| 2012 | $53,820 | - | - |
From Table 3 we note that the median annual salary of $64,490 in Orlando-Kissimmee-Sanford is in the middle of salary range for insurance underwriters in state of Florida. In comparison, the annual salary of insurance underwriters in Orlando-Kissimmee-Sanford is 32.9 percent (32.9%) lower than that in the highest paying Cape Coral-Fort Myers and 28.1 percent (28.1%) higher than that in the lowest paying Deltona-Daytona Beach-Ormond Beach.