The annual salary statistics of insurance underwriters in Louisville-Jefferson County, Kentucky is shown in Table 1. The wage statistics of insurance underwriters in Louisville-Jefferson County 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 | $51,910 |
| 25th Percentile Wage | $59,390 |
| 50th Percentile Wage | $60,150 |
| 75th Percentile Wage | $60,670 |
| 90th Percentile Wage | $96,630 |
Table 1 shows the average annual salary for insurance underwriters in Louisville-Jefferson County, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $96,630. The median (50th percentile) annual salary is $60,150. The average annual salary for the bottom 10 percent earners is $51,910.
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 | $60,150 | 1.70% | 1.95% |
| 2021 | $59,130 | -5.89% | - |
| 2020 | $62,610 | -0.18% | - |
| 2019 | $62,720 | 3.22% | - |
| 2018 | $60,700 | 7.10% | - |
| 2017 | $56,390 | 3.37% | - |
| 2016 | $54,490 | -2.59% | - |
| 2015 | $55,900 | -2.61% | - |
| 2014 | $57,360 | 3.14% | - |
| 2013 | $55,560 | -6.16% | - |
| 2012 | $58,980 | - | - |
From Table 3 we note that with a median annual salary of $60,150, Louisville-Jefferson County is the second highest paying city for insurance underwriters in state of Kentucky, following the highest paying city Lexington-Fayette (median annual salary of $61,870). Compared with Lexington-Fayette, the median annual salary of insurance underwriters in Louisville-Jefferson County is 2.8 percent (2.8%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Lexington-Fayette | |
| Louisville-Jefferson County | |
| Evansville | |
| South Central Kentucky nonmetropolitan area |