The annual salary statistics of insurance underwriters in Myrtle Beach-North Myrtle Beach-Conway, South Carolina is shown in Table 1. The wage data of insurance underwriters in Myrtle Beach-North Myrtle Beach-Conway 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 | $40,770 |
| 25th Percentile Wage | $40,770 |
| 50th Percentile Wage | $50,950 |
| 75th Percentile Wage | $60,540 |
| 90th Percentile Wage | $87,800 |
Table 1 shows the average annual salary for insurance underwriters in Myrtle Beach-North Myrtle Beach-Conway, South Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $87,800. The median (50th percentile) annual salary is $50,950. The average annual salary for the bottom 10 percent earners is $40,770.
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 | $50,950 | 2.39% | 4.99% |
| 2021 | $49,730 | -4.28% | - |
| 2018 | $51,860 | 6.65% | - |
| 2017 | $48,410 | 0.00% | - |
| 2012 | $48,410 | - | - |
From Table 3 we note that the median annual salary of $50,950 in Myrtle Beach-North Myrtle Beach-Conway is in the middle of salary range for insurance underwriters in state of South Carolina. In comparison, the annual salary of insurance underwriters in Myrtle Beach-North Myrtle Beach-Conway is 57.1 percent (57.1%) lower than that in the highest paying Augusta-Richmond County and 25.4 percent (25.4%) higher than that in the lowest paying Spartanburg.
| 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 |