The annual salary statistics of insurance underwriters in Washington-Arlington-Alexandria, West Virginia is shown in Table 1. The wage information of insurance underwriters in Washington-Arlington-Alexandria 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 | $47,620 |
| 25th Percentile Wage | $57,390 |
| 50th Percentile Wage | $69,550 |
| 75th Percentile Wage | $83,910 |
| 90th Percentile Wage | $109,660 |
Table 1 shows the average annual salary for insurance underwriters in Washington-Arlington-Alexandria, West Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $109,660. The median (50th percentile) annual salary is $69,550. The average annual salary for the bottom 10 percent earners is $47,620.
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 | $69,550 | 5.92% | 9.49% |
| 2016 | $65,430 | 4.08% | - |
| 2015 | $62,760 | -7.68% | - |
| 2014 | $67,580 | 0.65% | - |
| 2013 | $67,140 | 6.24% | - |
| 2012 | $62,950 | - | - |
From Table 3 we note that with a median annual salary of $69,550, Washington-Arlington-Alexandria is the highest paying city for insurance underwriters in state of West Virginia, followed by Hagerstown-Martinsburg (median annual salary $65,560). In comparison, the median annual salary of insurance underwriters in Washington-Arlington-Alexandria is 5.7 percent (5.7%) higher than that in Hagerstown-Martinsburg.
| Cities/Areas | Median Annual Salary |
|---|---|
| Washington-Arlington-Alexandria | |
| Hagerstown-Martinsburg | |
| Charleston | |
| Huntington-Ashland |