National » Insurance Underwriters » Burlington-South Burlington, VT

Insurance Underwriter Salary in Burlington-South Burlington, Vermont

The annual salary statistics of insurance underwriters in Burlington-South Burlington, Vermont is shown in Table 1. The wage statistics of insurance underwriters in Burlington-South Burlington 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 Burlington-South Burlington, Vermont

Percentile Bracket	Average Annual Salary
10th Percentile Wage	$49,500
25th Percentile Wage	$61,160
50th Percentile Wage	$72,870
75th Percentile Wage	$92,420
90th Percentile Wage	$148,630

Table 1 shows the average annual salary for insurance underwriters in Burlington-South Burlington, Vermont in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $148,630. The median (50th percentile) annual salary is $72,870. The average annual salary for the bottom 10 percent earners is $49,500.

Median salary trend (2012 to 2022)

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	$72,870	10.11%	16.12%
2021	$65,500	-38.18%	-
2020	$90,510	36.89%	-
2019	$57,120	-0.61%	-
2018	$57,470	-0.64%	-
2017	$57,840	-5.67%	-
2016	$61,120	7.95%	-
2015	$56,260	-4.62%	-
2014	$58,860	0.00%	-
2013	$58,860	-3.84%	-
2012	$61,120	-	-

Table 2. Compare Insurance Underwriter Salary in Burlington-South Burlington with Other Vermont Cities

From Table 3 we note that with a median annual salary of $72,870, Burlington-South Burlington is the highest paying city for insurance underwriters in state of Vermont, followed by Northern Vermont nonmetropolitan area (median annual salary $62,920). In comparison, the median annual salary of insurance underwriters in Burlington-South Burlington is 13.7 percent (13.7%) higher than that in Northern Vermont nonmetropolitan area.

Cities/Areas	Median Annual Salary
Burlington-South Burlington	$72,870
Northern Vermont nonmetropolitan area	$62,920
Southern Vermont nonmetropolitan area	$62,020