National » Insurance Underwriters » Central New York , NY

Insurance Underwriter Salary in Central New York nonmetropolitan area, New York

The annual salary statistics of insurance underwriters in Central New York nonmetropolitan area, New York is shown in Table 1. The wage data of insurance underwriters in Central New York nonmetropolitan area is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].

Table 1. Annual Salary of Insurance Underwriters in Central New York nonmetropolitan area, New York

Percentile Bracket	Average Annual Salary
10th Percentile Wage	$41,350
25th Percentile Wage	$50,330
50th Percentile Wage	$67,080
75th Percentile Wage	$90,350
90th Percentile Wage	$117,020

Table 1 shows the average annual salary for insurance underwriters in Central New York nonmetropolitan area, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $117,020. The median (50th percentile) annual salary is $67,080. The average annual salary for the bottom 10 percent earners is $41,350.

Median salary trend

The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2017.

Year	Median Salary	Yearly Growth	5-Year Growth
2017	$67,080	3.58%	29.49%
2016	$64,680	19.36%	-
2015	$52,160	3.28%	-
2014	$50,450	1.68%	-
2013	$49,600	4.64%	-
2012	$47,300	-	-

Table 2. Compare Insurance Underwriter Salary in Central New York nonmetropolitan area with Other New York Cities

From Table 3 we note that the median annual salary of $67,080 in Central New York nonmetropolitan area is in the middle of salary range for insurance underwriters in state of New York. In comparison, the annual salary of insurance underwriters in Central New York nonmetropolitan area is 32.3 percent (32.3%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 29.2 percent (29.2%) higher than that in the lowest paying Southwest New York nonmetropolitan area.

Cities/Areas	Median Annual Salary
New York-Northern New Jersey-Long Island	$99,130
New York-White Plains-Wayne	$89,270
Utica-Rome	$81,600
Syracuse	$81,370
Buffalo-Niagara Falls	$81,240
Rochester	$80,050
Central East New York nonmetropolitan area	$79,570
Albany-Schenectady-Troy	$73,880
Nassau-Suffolk	$68,090
Central New York nonmetropolitan area	$67,080
Binghamton	$63,640
Ithaca	$61,070
Southwest New York nonmetropolitan area	$47,460