The annual salary statistics of insurance underwriters in Trenton-Ewing, New Jersey is shown in Table 1. The wage statistics of insurance underwriters in Trenton-Ewing 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 | $58,510 |
| 25th Percentile Wage | $68,110 |
| 50th Percentile Wage | $85,710 |
| 75th Percentile Wage | $105,250 |
| 90th Percentile Wage | $128,300 |
Table 1 shows the average annual salary for insurance underwriters in Trenton-Ewing, New Jersey in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $128,300. The median (50th percentile) annual salary is $85,710. The average annual salary for the bottom 10 percent earners is $58,510.
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 | $85,710 | 7.44% | 18.06% |
| 2021 | $79,330 | -3.55% | - |
| 2020 | $82,150 | 10.58% | - |
| 2019 | $73,460 | 0.59% | - |
| 2018 | $73,030 | -2.29% | - |
| 2017 | $74,700 | -7.26% | - |
| 2016 | $80,120 | 2.91% | - |
| 2014 | $77,790 | 9.40% | - |
| 2013 | $70,480 | 0.35% | - |
| 2012 | $70,230 | - | - |
From Table 3 we note that with a median annual salary of $85,710, Trenton-Ewing is the highest paying city for insurance underwriters in state of New Jersey, followed by Camden (median annual salary $85,110). In comparison, the median annual salary of insurance underwriters in Trenton-Ewing is .7 percent (.7%) higher than that in Camden.
| Cities/Areas | Median Annual Salary |
|---|---|
| Trenton-Ewing | |
| Camden | |
| Edison-New Brunswick | |
| Wilmington | |
| Atlantic City-Hammonton |