The annual salary statistics of insurance underwriters in Atlantic City-Hammonton, New Jersey is shown in Table 1. The wage data of insurance underwriters in Atlantic City-Hammonton 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 | $42,310 |
| 25th Percentile Wage | $49,010 |
| 50th Percentile Wage | $65,380 |
| 75th Percentile Wage | $92,510 |
| 90th Percentile Wage | $141,620 |
Table 1 shows the average annual salary for insurance underwriters in Atlantic City-Hammonton, New Jersey in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $141,620. The median (50th percentile) annual salary is $65,380. The average annual salary for the bottom 10 percent earners is $42,310.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $65,380 | 7.48% | 6.33% |
| 2017 | $60,490 | -1.24% | - |
| 2016 | $61,240 | 25.00% | - |
| 2014 | $45,930 | -33.33% | - |
| 2012 | $61,240 | - | - |
From Table 3 we note that with a median annual salary of $65,380, Atlantic City-Hammonton is the lowest paying city for insurance underwriters in state of New Jersey, following city of Trenton-Ewing (median annual salary of $85,710). In comparison, the median annual salary of insurance underwriters in Atlantic City-Hammonton is 23.7 percent (23.7%) lower than that in the highest paying city Trenton-Ewing.
| Cities/Areas | Median Annual Salary |
|---|---|
| Trenton-Ewing | |
| Camden | |
| Edison-New Brunswick | |
| Wilmington | |
| Atlantic City-Hammonton |