The annual salary statistics of insurance underwriters in Southern Vermont nonmetropolitan area, Vermont is shown in Table 1. The wage statistics of insurance underwriters in Southern Vermont nonmetropolitan area 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 | $48,630 |
| 25th Percentile Wage | $50,120 |
| 50th Percentile Wage | $62,020 |
| 75th Percentile Wage | $78,890 |
| 90th Percentile Wage | $96,380 |
Table 1 shows the average annual salary for insurance underwriters in Southern Vermont nonmetropolitan area, Vermont in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $96,380. The median (50th percentile) annual salary is $62,020. The average annual salary for the bottom 10 percent earners is $48,630.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $62,020 | -0.58% | 21.67% |
| 2020 | $62,380 | 15.12% | - |
| 2019 | $52,950 | 0.00% | - |
| 2018 | $52,950 | 2.36% | - |
| 2017 | $51,700 | 6.03% | - |
| 2014 | $48,580 | 0.00% | - |
| 2012 | $48,580 | - | - |
From Table 3 we note that with a median annual salary of $62,020, Southern Vermont nonmetropolitan area is the lowest paying city for insurance underwriters in state of Vermont, following city of Burlington-South Burlington (median annual salary of $72,870). Compared with the highest paying city Burlington-South Burlington, the median annual salary of insurance underwriters in Southern Vermont nonmetropolitan area is 14.9 percent (14.9%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Burlington-South Burlington | |
| Northern Vermont nonmetropolitan area | |
| Southern Vermont nonmetropolitan area |