Insurance Underwriter Salary 2026 and Take Home Pay in Every State
The latest official figure used here is the May 2025 BLS median of $81,370 a year, about $39.12 an hour over a full-time year. HourlyPaycheck's illustrative 2026 trend estimate is about $82,700 a year, calculated by carrying the 2021–2025 compound annual change forward one year. It is not a BLS estimate or forecast. BLS estimates employment at 105,420. The take home figures are separate estimates produced by this site’s tax model.
Latest official BLS median insurance underwriter pay
$81,370
Under the listed assumptions, the model estimates $66,074 after federal tax, Social Security and Medicare, an estimated effective rate of 18.8%. State scenarios are in the table below.
The spread, not just the middle
BLS publishes selected percentile estimates in addition to the median. These are wage estimates, not stages of a career, and they do not guarantee what an individual earns.
| Percentile | A year | An hour | Estimated take home |
|---|---|---|---|
| Lowest tenth | $55,530 | $26.70 | $46,803 |
| Lower quarter | $64,620 | $31.07 | $54,107 |
| Median | $81,370 | $39.12 | $66,074 |
| Upper quarter | $110,390 | $53.07 | $86,486 |
| Highest tenth | $145,160 | $69.79 | $110,485 |
Take home is a single filer with no state income tax, so the column compares the percentiles rather than places.
Pay history and 2026 trend estimate
Each numeric bar is the published national median estimate for insurance underwriter in that year’s release. A BLS # lower bound or a year without an exact result is labelled instead of silently dropped. Bars run from zero. The 2021 method break is marked, and the earlier published bars remain visible as historical context without being joined to the post-change calculations. The separate 2026 figure is an HourlyPaycheck arithmetic extrapolation, not BLS data or a BLS forecast.
- 2012$62,870
- 2013$63,780
- 2014$64,220
- 2015$65,040
- 2016$67,680
- 2017$69,760
- 2018$69,380
- 2019$70,020
- 2020$71,790
- 2021BLS changed its estimation method in May 2021; site calculations start here.
- 2021$76,390
- 2022$76,230
- 2023$77,860
- 2024$79,880
- 2025$81,370
BLS changed the OEWS estimation method beginning with the May 2021 estimates. Pre-2021 bars remain as raw published reference points; the wage, inflation, and employment calculations use post-change endpoints only. BLS also explains that the survey’s pooled design and changes in methods or classifications limit comparisons over time. The chart itself contains no future data point. The separate 2026 card is a rounded trend scenario calculated by this site and is not part of the measured series.
BLS estimated employment at 107,690 in 2021 and 105,420 in 2025, a modeled change of −2.1% between the two published estimates.
The paycheck, cycle by cycle
Median wage, single filer, no state income tax. Take home per paycheck.
Insurance Underwriter pay by state
Two columns, because they answer two different questions and mixing them is how these comparisons mislead. Take home on the national median holds the wage still and shows what each state’s modeled deductions do to it. What the job pays there is the state’s own BLS median, which is a labor-market figure and nothing to do with tax. The May 2025 BLS release provides a state median result, an exact estimate or a # lower bound, for 49 of the 51 jurisdictions shown. In the other cells, BLS did not release a state median result. Its national employment estimate for this occupation is 105,420. BLS explains that estimates may be withheld for quality or confidentiality reasons and that it does not disclose the reason for a particular missing estimate. This site leaves the cell unfilled rather than substituting another source or a neighboring state.
Put in your own hours
The median is a full-time year. Change the hours, the state or your Form W-4 answers.
Estimated average take home pay, biweekly
$2,541.28
$81,369.60 a year gross; the model estimates $66,073.51 after the deductions shown. That is 81.2% of gross under these assumptions.
Worked out from: single filer · a blank Form W-4 · 40 hours a week.
About this calculator. It is general guidance, not a payslip. The figures are estimates based on selected 2026 federal and state publications and modeled assumptions. Sources, interpretations and code may be incomplete or wrong, and the result should not be relied on as an exact calculation of tax, payroll or anything else. Your employer knows things this page cannot: a mid-year rate change, a benefit deduction, a garnishment, a local tax, or what it has already withheld this year. Nothing here is tax, legal or financial advice, and using it creates no professional relationship. For anything that turns on the exact number, ask an accountant or a qualified adviser. Methodology and sources.
Where this sits on the pay scale
$39.12 an hour puts this job closest to $39 an hour, where the same arithmetic is worked out for every pay cycle and every state. The published mean estimate is $93,700, above the median estimate by $12,330. That difference alone does not describe the full wage distribution.
Questions people ask
How much does an insurance underwriter make?+
BLS estimates the national median annual wage for an insurance underwriter at $81,370, or about $39.12 under its 2,080-hour conversion. It is a published statistical estimate, not a promise of individual pay. The source is the BLS Occupational Employment and Wage Statistics, May 2025.
What is an insurance underwriter salary after taxes?+
Using the BLS median estimate, a single filer's standard deduction and no state income tax, this model estimates about $66,074 a year after federal tax, Social Security and Medicare. The state table applies the deductions currently represented for each jurisdiction; an actual payslip may differ.
Is insurance underwriter pay going up?+
Between the exact post-2020 BLS endpoints shown here, the national median estimate moved from $76,390 in 2021 to $81,370 in 2025, a nominal change of 7%. The corresponding compound rate is about 1.6% a year, and the approximate inflation-adjusted change is down 11%. These are descriptive calculations between published estimates, not a BLS time-series measure; BLS warns that method and classification changes limit comparisons over time.
What is the 2026 salary estimate for an insurance underwriter?+
HourlyPaycheck's illustrative 2026 trend estimate is about $82,700 a year. It applies the 1.6% compound annual change measured from 2021 to 2025 to the latest exact median. BLS has not published a May 2026 OEWS wage estimate; this arithmetic extrapolation is not a BLS forecast or a guarantee of future pay.
Which state is best for an insurance underwriter?+
Two different comparisons are shown. Holding the wage and assumptions constant, the current deduction model estimates the highest take home in Florida and the lowest in Oregon, a spread of $6,087 a year. Among the available BLS state estimates for this occupation, Massachusetts is highest at $106,640 and Mississippi is lowest at $59,250.
Wages: BLS Occupational Employment and Wage Statistics, May 2025. That is the most recent release: OEWS surveys wages in May and publishes about a year later, so this one appeared in May 2026 and stands until the next. Read August 27, 2026 from bls.gov/oes. Annual figures are converted at 2,080 hours a year, which is how BLS states them. Tax is worked out here from the 2026 federal and state tables.