The annual salary statistics of insurance underwriters in Florence, South Carolina is shown in Table 1. The wage data of insurance underwriters in Florence 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 | $40,000 |
| 25th Percentile Wage | $46,020 |
| 50th Percentile Wage | $58,820 |
| 75th Percentile Wage | $58,820 |
| 90th Percentile Wage | $71,910 |
Table 1 shows the average annual salary for insurance underwriters in Florence, South Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $71,910. The median (50th percentile) annual salary is $58,820. The average annual salary for the bottom 10 percent earners is $40,000.
From Table 3 we note that the median annual salary of $58,820 in Florence is in the middle of salary range for insurance underwriters in state of South Carolina. In comparison, the annual salary of insurance underwriters in Florence is 50.5 percent (50.5%) lower than that in the highest paying Augusta-Richmond County and 35.4 percent (35.4%) higher than that in the lowest paying Spartanburg.