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This question is about underwriter salaries.

What is a good starting salary for an Underwriter?

By Zippia Team - Feb. 15, 2022

A good starting salary for an underwriter is $40,000 in the United States. That puts you in the 10th percentile of annual income for an underwriter in the U.S., which is about what you would expect if you were new to the field. The average salary for underwriters is $59,195, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for an underwriter can vary by state, as we show below.

What Is A Good Entry-Level Underwriter Salary By State?

The following table shows how much an entry level underwriter earns in each state. Zippia used data from the BLS, public records, and job postings to create these estimates.

StateStarting SalaryMonthly PayWeekly PayHourly Wage
Washington$51,000$4,250$980$24.52
Massachusetts$49,000$4,083$942$23.56
New York$48,000$4,000$923$23.08
Vermont$46,000$3,833$884$22.12
California$46,000$3,833$884$22.12
Wyoming$43,000$3,583$826$20.67
Colorado$43,000$3,583$826$20.67
Maine$42,000$3,500$807$20.19
Pennsylvania$42,000$3,500$807$20.19
Oregon$42,000$3,500$807$20.19
Idaho$42,000$3,500$807$20.19
West Virginia$42,000$3,500$807$20.19
New Hampshire$42,000$3,500$807$20.19
District of Columbia$41,000$3,416$788$19.71
Arizona$40,000$3,333$769$19.23
Texas$40,000$3,333$769$19.23
Connecticut$40,000$3,333$769$19.23
New Jersey$40,000$3,333$769$19.23
Wisconsin$40,000$3,333$769$19.23
North Dakota$39,000$3,250$750$18.75
Oklahoma$39,000$3,250$750$18.75
Alaska$39,000$3,250$750$18.75
Kansas$38,000$3,166$730$18.27
Illinois$38,000$3,166$730$18.27
Minnesota$38,000$3,166$730$18.27
Hawaii$38,000$3,166$730$18.27
Nevada$37,000$3,083$711$17.79
Michigan$36,000$3,000$692$17.31
North Carolina$36,000$3,000$692$17.31
Ohio$36,000$3,000$692$17.31
Rhode Island$36,000$3,000$692$17.31
Missouri$35,000$2,916$673$16.83
New Mexico$35,000$2,916$673$16.83
Virginia$35,000$2,916$673$16.83
Maryland$35,000$2,916$673$16.83
Utah$34,000$2,833$653$16.35
Georgia$34,000$2,833$653$16.35
Indiana$34,000$2,833$653$16.35
Delaware$34,000$2,833$653$16.35
Iowa$33,000$2,750$634$15.87
Montana$33,000$2,750$634$15.87
Florida$32,000$2,666$615$15.38
South Dakota$31,000$2,583$596$14.9
Arkansas$31,000$2,583$596$14.9
Louisiana$31,000$2,583$596$14.9
Nebraska$31,000$2,583$596$14.9
Kentucky$30,000$2,500$576$14.42
Tennessee$30,000$2,500$576$14.42
Mississippi$30,000$2,500$576$14.42
Alabama$29,000$2,416$557$13.94
South Carolina$28,000$2,333$538$13.46

What are The 10 Highest Paying Cities for Entry-Level Underwriter Jobs?

We've identified 10 cities where the typical salary for an entry level underwriter job is above the national average. Topping the list is Seattle, WA.

CityStarting SalaryMonthly PayWeekly PayHourly Wage
Seattle, WA$61,000$5,083$1,173$29.33
Boston, MA$58,000$4,833$1,115$27.88
New York, NY$57,000$4,750$1,096$27.4
San Francisco, CA$57,000$4,750$1,096$27.4
Philadelphia, PA$51,000$4,250$980$24.52
Englewood, CO$51,000$4,250$980$24.52
Portland, OR$50,000$4,166$961$24.04
Washington, DC$49,000$4,083$942$23.56
Hartford, CT$49,000$4,083$942$23.56
Austin, TX$48,000$4,000$923$23.08

What is a good starting salary for an Underwriter?

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