SalaryByCity

Insurance Underwriters Salary in Philadelphia, PA-NJ-DE-MD

2024 wage data from the Bureau of Labor Statistics

Median Salary
$93,240
Average Salary
$102,680
vs National
+$13,360
Employed
2,790

Salary Overview

Insurance Underwriters is a above-average occupation in Philadelphia, PA-NJ-DE-MD, with a median annual salary of $93,240. Insurance Underwriterss in Philadelphia, PA-NJ-DE-MD earn $13,360 more (17%) than the national median of $79,880. Experienced Insurance Underwriterss can expect to roughly double their starting salary over their career.

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Insurance Underwriterss in Philadelphia, PA-NJ-DE-MD earn $13,360 more (17%) than the national median of $79,880.

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About 2,790 Insurance Underwriterss work in Philadelphia, PA-NJ-DE-MD, indicating a healthy local job market.

Cost of Living Consideration

When evaluating this salary, factor in Philadelphia, PA-NJ-DE-MD's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.

Salary Distribution

$59,550$168,070
10th %ileMedian: $93,24090th %ile
PercentileAnnual SalaryMonthly
10th Percentile$59,550$4,963
25th Percentile$75,320$6,277
Median$93,240$7,770
75th Percentile$118,840$9,903
90th Percentile$168,070$14,006
Mean (Average)$102,680$8,557

Insurance Underwriters Salary in Other Cities

Highest Paying Jobs in Philadelphia, PA-NJ-DE-MD

Related Data Insights

The cost of living in Philadelphia, PA is 2.6% above the national average (index: 102.6). See full cost breakdown →

After adjusting for local cost of living, the purchasing power of Philadelphia, PA salaries is equivalent to $84,231 in an average-cost US city.

Explore More About This Area

Frequently Asked Questions

What is the average Insurance Underwriters salary in Philadelphia, PA-NJ-DE-MD?
The median annual salary for a Insurance Underwriters in Philadelphia, PA-NJ-DE-MD is $93,240 as of 2024. The average (mean) salary is $102,680.
What is the salary range for Insurance Underwriters in Philadelphia, PA-NJ-DE-MD?
Insurance Underwriters salaries in Philadelphia, PA-NJ-DE-MD range from $59,550 (10th percentile) to $168,070 (90th percentile). The middle 50% earn between $75,320 and $118,840.
How many Insurance Underwriters work in Philadelphia, PA-NJ-DE-MD?
There are approximately 2,790 Insurance Underwriters employed in the Philadelphia, PA-NJ-DE-MD metropolitan area.
Is Insurance Underwriters a good career in Philadelphia, PA-NJ-DE-MD?
Insurance Underwriters is a above-average occupation in Philadelphia, PA-NJ-DE-MD, with a median annual salary of $93,240. Insurance Underwriterss in Philadelphia, PA-NJ-DE-MD earn $13,360 more (17%) than the national median of $79,880. Experienced Insurance Underwriterss can expect to roughly double their starting salary over their career.
What is the earning potential for Insurance Underwriterss?
Experienced Insurance Underwriterss can expect to roughly double their starting salary over their career. Specialization and leadership roles offer the best path to higher earnings.
Is the Insurance Underwriters salary enough to live in Philadelphia, PA-NJ-DE-MD?
When evaluating this salary, factor in Philadelphia, PA-NJ-DE-MD's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.