The annual salary statistics of insurance underwriters in Charlotte-Gastonia-Rock Hill, South Carolina is shown in Table 1. The wage data of insurance underwriters in Charlotte-Gastonia-Rock Hill 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 | $52,380 |
| 25th Percentile Wage | $62,800 |
| 50th Percentile Wage | $78,680 |
| 75th Percentile Wage | $101,020 |
| 90th Percentile Wage | $133,080 |
Table 1 shows the average annual salary for insurance underwriters in Charlotte-Gastonia-Rock Hill, South Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $133,080. The median (50th percentile) annual salary is $78,680. The average annual salary for the bottom 10 percent earners is $52,380.
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 | $78,680 | 1.56% | 4.97% |
| 2021 | $77,450 | 2.49% | - |
| 2020 | $75,520 | 4.30% | - |
| 2019 | $72,270 | -1.88% | - |
| 2018 | $73,630 | -12.41% | - |
| 2017 | $82,770 | -2.30% | - |
| 2016 | $84,670 | -6.12% | - |
| 2015 | $89,850 | 7.27% | - |
| 2014 | $83,320 | 5.52% | - |
| 2013 | $78,720 | 5.02% | - |
| 2012 | $74,770 | - | - |
From Table 3 we note that with a median annual salary of $78,680, Charlotte-Gastonia-Rock Hill is the second highest paying city for insurance underwriters in state of South Carolina, following the highest paying city Augusta-Richmond County (median annual salary of $118,810). Compared with Augusta-Richmond County, the median annual salary of insurance underwriters in Charlotte-Gastonia-Rock Hill is 33.8 percent (33.8%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Augusta-Richmond County | |
| Charlotte-Gastonia-Rock Hill | |
| Charleston-North Charleston-Summerville | |
| Columbia | |
| Greenville-Mauldin-Easley | |
| Florence | |
| Myrtle Beach-North Myrtle Beach-Conway | |
| Low Country South Carolina nonmetropolitan area | |
| Spartanburg |