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Average Insurance Underwriters Salary in Cape Coral-Fort Myers, FL

The average salary for a Insurance Underwriters in Cape Coral-Fort Myers, FL is $87,170. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $87,170 per year.
  • Growth Trend: Salaries have shifted 23.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,560.
  • Outlook: This role remains a specialized component of the broader Cape Coral-Fort Myers, FL economy.
2024 Market Data

Salary Overview

$87,170

The average Insurance Underwriters in Cape Coral-Fort Myers, FL earns-4.1%below the national average.

BreakdownBased on 40h/week
Hourly

$41.9

Weekly

$1,676

Monthly

$7,264

Insurance Underwriters Salary Distribution in Cape Coral-Fort Myers, FL

The earning potential for Insurance Underwriterss in Cape Coral-Fort Myers, FL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $51,660, while highly experienced professionals can command wages upwards of $136,560.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,660$24.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$65,378$31.4
ManagerOversees team, compliance, and project delivery.50% (Median)$79,760$38.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$108,963$52.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$136,560$65.7

Detailed Insurance Underwriters Market Analysis

Relocation Context

Nominal Salary

$87,170

Gross Pay

Real Wage (Purchasing Power)

$87,170

Adjusted for COL (100)

In Cape Coral-Fort Myers, FL, the Cost of Living Index is 100. This increases your effective purchasing power from $87,170 to $87,170.

Nearby Job Markets

Nearby Cities for Insurance Underwriters

CitySalaryDist.
North Port-Bradenton-Sarasota, FL Insurance Underwriters Salary$90,380↑ 4%31 mi

Comparing salaries near Cape Coral-Fort Myers, FL

Hiring Insurance Underwriterss?

Frequently Asked Questions

How much does a Insurance Underwriters make in Cape Coral-Fort Myers, FL?

The median annual salary for a Insurance Underwriters in Cape Coral-Fort Myers, FL is $87,170. This typically ranges from $51,660 for entry-level positions to $136,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cape Coral-Fort Myers, FL is 4.1% lower than the national median of $90,920.

Is Cape Coral-Fort Myers, FL a good place for Insurance Underwriterss?

It depends on your priorities. While the average Insurance Underwriters salary in Cape Coral-Fort Myers, FL is $87,170 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Cape Coral-Fort Myers, FL. See distinct detailed breakdown below.

Is Cape Coral-Fort Myers, FL a good place to live for Insurance Underwriters?

The Cost of Living Index in Cape Coral-Fort Myers, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cape Coral-Fort Myers, FL?

Some top paying nearby cities include North Port-Bradenton-Sarasota, FL ($90,380) and others.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes employees in the Cape Coral-Fort Myers, FL area with a job density of per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Cape Coral-Fort Myers, FL

Semantic Salary Analysis for Insurance Underwriters • Data source: BLS OEWS 2024 •Jobs in Cape Coral-Fort Myers, FL