The annual salary statistics of insurance underwriters in South Central Wisconsin nonmetropolitan area, Wisconsin is shown in Table 1. The wage data of insurance underwriters in South Central Wisconsin 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 | $48,070 |
| 25th Percentile Wage | $70,990 |
| 50th Percentile Wage | $97,620 |
| 75th Percentile Wage | $81,750 |
| 90th Percentile Wage | $101,040 |
Table 1 shows the average annual salary for insurance underwriters in South Central Wisconsin nonmetropolitan area, Wisconsin in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $101,040. The median (50th percentile) annual salary is $97,620. The average annual salary for the bottom 10 percent earners is $48,070.
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 | $97,620 | 24.42% | 47.08% |
| 2020 | $73,780 | 2.09% | - |
| 2019 | $72,240 | 28.49% | - |
| 2014 | $51,660 | 0.15% | - |
| 2013 | $51,580 | -0.16% | - |
| 2012 | $51,660 | - | - |
From Table 3 we note that with a median annual salary of $97,620, South Central Wisconsin nonmetropolitan area is the highest paying city for insurance underwriters in state of Wisconsin, followed by Milwaukee-Waukesha-West Allis (median annual salary $81,240). In comparison, the median annual salary of insurance underwriters in South Central Wisconsin nonmetropolitan area is 16.8 percent (16.8%) higher than that in Milwaukee-Waukesha-West Allis.
| Cities/Areas | Median Annual Salary |
|---|---|
| South Central Wisconsin nonmetropolitan area | |
| Milwaukee-Waukesha-West Allis | |
| Madison | |
| Minneapolis-St Paul-Bloomington | |
| West Central Wisconsin nonmetropolitan area | |
| Green Bay | |
| Oshkosh-Neenah | |
| Appleton | |
| Wausau | |
| Lake County-Kenosha County | |
| Eau Claire | |
| Duluth | |
| Sheboygan | |
| La Crosse | |
| Southwestern Wisconsin nonmetropolitan area |