The annual salary statistics of insurance underwriters in Winston-Salem, North Carolina is shown in Table 1. The wage information of insurance underwriters in Winston-Salem 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 | $47,540 |
| 25th Percentile Wage | $52,550 |
| 50th Percentile Wage | $62,430 |
| 75th Percentile Wage | $96,310 |
| 90th Percentile Wage | $122,800 |
Table 1 shows the average annual salary for insurance underwriters in Winston-Salem, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $122,800. The median (50th percentile) annual salary is $62,430. The average annual salary for the bottom 10 percent earners is $47,540.
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 | $62,430 | 2.35% | 38.44% |
| 2021 | $60,960 | 10.83% | - |
| 2020 | $54,360 | 6.82% | - |
| 2019 | $50,650 | -6.44% | - |
| 2018 | $53,910 | 10.29% | - |
| 2017 | $48,360 | -2.61% | - |
| 2016 | $49,620 | 13.50% | - |
| 2015 | $42,920 | -12.44% | - |
| 2014 | $48,260 | 21.86% | - |
| 2013 | $37,710 | -1.91% | - |
| 2012 | $38,430 | - | - |
From Table 3 we note that the median annual salary of $62,430 in Winston-Salem is in the middle of salary range for insurance underwriters in state of North Carolina. In comparison, the annual salary of insurance underwriters in Winston-Salem is 21.3 percent (21.3%) lower than that in the highest paying Durham-Chapel Hill and 19.5 percent (19.5%) higher than that in the lowest paying Northeastern North Carolina nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Durham-Chapel Hill | |
| Greensboro-High Point | |
| Goldsboro | |
| Burlington | |
| Western Central North Carolina nonmetropolitan area | |
| Raleigh-Cary | |
| Wilmington | |
| Winston-Salem | |
| Fayetteville | |
| Northeastern North Carolina nonmetropolitan area |