The annual salary statistics of insurance underwriters in Baton Rouge, Louisiana is shown in Table 1. The wage statistics of insurance underwriters in Baton Rouge 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 | $39,410 |
| 25th Percentile Wage | $48,940 |
| 50th Percentile Wage | $57,770 |
| 75th Percentile Wage | $77,290 |
| 90th Percentile Wage | $92,620 |
Table 1 shows the average annual salary for insurance underwriters in Baton Rouge, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $92,620. The median (50th percentile) annual salary is $57,770. The average annual salary for the bottom 10 percent earners is $39,410.
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 | $57,770 | 14.07% | 24.41% |
| 2021 | $49,640 | 5.92% | - |
| 2020 | $46,700 | -3.34% | - |
| 2019 | $48,260 | -4.79% | - |
| 2018 | $50,570 | -46.19% | - |
| 2017 | $73,930 | 5.13% | - |
| 2016 | $70,140 | 9.62% | - |
| 2015 | $63,390 | -3.41% | - |
| 2014 | $65,550 | 19.28% | - |
| 2013 | $52,910 | 17.46% | - |
| 2012 | $43,670 | - | - |
From Table 3 we note that the median annual salary of $57,770 in Baton Rouge is in the middle of salary range for insurance underwriters in state of Louisiana. In comparison, the annual salary of insurance underwriters in Baton Rouge is 9.6 percent (9.6%) lower than that in the highest paying Shreveport-Bossier City and 23.4 percent (23.4%) higher than that in the lowest paying Lafayette.
| Cities/Areas | Median Annual Salary |
|---|---|
| Shreveport-Bossier City | |
| New Orleans-Metairie-Kenner | |
| Baton Rouge | |
| Winnsboro nonmetropolitan area | |
| Lafayette |