The annual salary statistics of insurance underwriters in Davenport-Moline-Rock Island, Iowa is shown in Table 1. The wage data of insurance underwriters in Davenport-Moline-Rock Island 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 | $46,520 |
| 25th Percentile Wage | $55,900 |
| 50th Percentile Wage | $65,680 |
| 75th Percentile Wage | $94,030 |
| 90th Percentile Wage | $106,530 |
Table 1 shows the average annual salary for insurance underwriters in Davenport-Moline-Rock Island, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $106,530. The median (50th percentile) annual salary is $65,680. The average annual salary for the bottom 10 percent earners is $46,520.
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 | $65,680 | 8.56% | 1.23% |
| 2021 | $60,060 | -25.77% | - |
| 2020 | $75,540 | 4.18% | - |
| 2019 | $72,380 | 0.41% | - |
| 2018 | $72,080 | 3.22% | - |
| 2017 | $69,760 | -5.79% | - |
| 2016 | $73,800 | 14.67% | - |
| 2015 | $62,970 | 11.91% | - |
| 2014 | $55,470 | 0.04% | - |
| 2013 | $55,450 | -16.99% | - |
| 2012 | $64,870 | - | - |
From Table 3 we note that the median annual salary of $65,680 in Davenport-Moline-Rock Island is in the middle of salary range for insurance underwriters in state of Iowa. In comparison, the annual salary of insurance underwriters in Davenport-Moline-Rock Island is 33.0 percent (33.0%) lower than that in the highest paying Northeast Iowa nonmetropolitan area and 23.5 percent (23.5%) higher than that in the lowest paying Dubuque.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northeast Iowa nonmetropolitan area | |
| Des Moines-West Des Moines | |
| Davenport-Moline-Rock Island | |
| Waterloo-Cedar Falls | |
| Southwest Iowa nonmetropolitan area | |
| Northwest Iowa nonmetropolitan area | |
| Cedar Rapids | |
| Iowa City | |
| Southeast Iowa nonmetropolitan area | |
| Dubuque |