The annual salary statistics of insurance underwriters in Chicago-Joliet-Naperville (IL Metropolitan Division), Illinois is shown in Table 1. The wage data of insurance underwriters in Chicago-Joliet-Naperville (IL Metropolitan Division) 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 | $41,060 |
| 25th Percentile Wage | $56,140 |
| 50th Percentile Wage | $75,230 |
| 75th Percentile Wage | $99,150 |
| 90th Percentile Wage | $127,160 |
Table 1 shows the average annual salary for insurance underwriters in Chicago-Joliet-Naperville (IL Metropolitan Division), Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $127,160. The median (50th percentile) annual salary is $75,230. The average annual salary for the bottom 10 percent earners is $41,060.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $75,230 | 3.43% | 10.25% |
| 2016 | $72,650 | 13.20% | - |
| 2015 | $63,060 | -0.16% | - |
| 2014 | $63,160 | -0.66% | - |
| 2013 | $63,580 | -6.20% | - |
| 2012 | $67,520 | - | - |
From Table 3 we note that with a median annual salary of $75,230, Chicago-Joliet-Naperville (IL Metropolitan Division) is the second highest paying city for insurance underwriters in state of Illinois, following the highest paying city Chicago-Joliet-Naperville (IL-IN-WI Area) (median annual salary of $79,260). Compared with Chicago-Joliet-Naperville (IL-IN-WI Area), the median annual salary of insurance underwriters in Chicago-Joliet-Naperville (IL Metropolitan Division) is 5.1 percent (5.1%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Chicago-Joliet-Naperville (IL-IN-WI Area) | |
| Chicago-Joliet-Naperville (IL Metropolitan Division) | |
| Peoria | |
| Springfield | |
| Rockford | |
| Northwest Illinois nonmetropolitan area | |
| Bloomington-Normal | |
| West Central Illinois nonmetropolitan area | |
| Bloomington | |
| East Central Illinois nonmetropolitan area |