The annual salary statistics of insurance underwriters in Seattle-Bellevue-Everett, Washington is shown in Table 1. The wage data of insurance underwriters in Seattle-Bellevue-Everett 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 | $49,870 |
| 25th Percentile Wage | $60,290 |
| 50th Percentile Wage | $74,700 |
| 75th Percentile Wage | $100,490 |
| 90th Percentile Wage | $124,660 |
Table 1 shows the average annual salary for insurance underwriters in Seattle-Bellevue-Everett, Washington in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $124,660. The median (50th percentile) annual salary is $74,700. The average annual salary for the bottom 10 percent earners is $49,870.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $74,700 | -3.00% | -9.34% |
| 2016 | $76,940 | 3.46% | - |
| 2015 | $74,280 | -0.24% | - |
| 2014 | $74,460 | -7.75% | - |
| 2013 | $80,230 | -1.81% | - |
| 2012 | $81,680 | - | - |
From Table 3 we note that the median annual salary of $74,700 in Seattle-Bellevue-Everett is in the middle of salary range for insurance underwriters in state of Washington. In comparison, the annual salary of insurance underwriters in Seattle-Bellevue-Everett is 12.3 percent (12.3%) lower than that in the highest paying Seattle-Tacoma-Bellevue and 30.9 percent (30.9%) higher than that in the lowest paying Western Washington nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Seattle-Tacoma-Bellevue | |
| Portland-Vancouver-Hillsboro | |
| Spokane | |
| Seattle-Bellevue-Everett | |
| Bellingham | |
| Olympia | |
| Western Washington nonmetropolitan area |