The annual salary statistics of insurance underwriters in Scranton--Wilkes-Barre, Pennsylvania is shown in Table 1. The wage statistics of insurance underwriters in Scranton--Wilkes-Barre 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 | $47,700 |
| 25th Percentile Wage | $57,940 |
| 50th Percentile Wage | $72,290 |
| 75th Percentile Wage | $92,710 |
| 90th Percentile Wage | $128,550 |
Table 1 shows the average annual salary for insurance underwriters in Scranton--Wilkes-Barre, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $128,550. The median (50th percentile) annual salary is $72,290. The average annual salary for the bottom 10 percent earners is $47,700.
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 | $72,290 | -2.56% | 28.57% |
| 2021 | $74,140 | 16.82% | - |
| 2018 | $61,670 | 13.05% | - |
| 2017 | $53,620 | -17.03% | - |
| 2016 | $62,750 | 4.43% | - |
| 2015 | $59,970 | -4.89% | - |
| 2014 | $62,900 | 6.15% | - |
| 2013 | $59,030 | 12.52% | - |
| 2012 | $51,640 | - | - |
From Table 3 we note that the median annual salary of $72,290 in Scranton--Wilkes-Barre is in the middle of salary range for insurance underwriters in state of Pennsylvania. In comparison, the annual salary of insurance underwriters in Scranton--Wilkes-Barre is 16.9 percent (16.9%) lower than that in the highest paying Newark-Union and 31.0 percent (31.0%) higher than that in the lowest paying Johnstown.