Average Insurance Underwriters Salary in Central East New York nonmetropolitan area
The average salary for a Insurance Underwriters in Central East New York nonmetropolitan area is $90,260. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Central East New York nonmetropolitan area is a key hub for this profession, with a job concentration 1.73x higher than average.
Executive Summary
- Average Salary: $90,260 per year.
- Growth Trend: Salaries have shifted 37.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $138,370.
- Outlook: The current demand for Insurance Underwriterss is stable, with a local workforce of approximately 190 professionals. This role remains a specialized component of the broader Central East New York nonmetropolitan area economy.
Salary Overview
The average Insurance Underwriters in Central East New York nonmetropolitan area earns-0.7%below the national average.
$43.4
$1,736
$7,522
Insurance Underwriters Salary Trends (2020-2024)
Over the past 4 years, Insurance Underwriters salaries in Central East New York nonmetropolitan area have experienced a rapid surge, growing by 37.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Underwriters Salary Distribution in Central East New York nonmetropolitan area
The earning potential for Insurance Underwriterss in Central East New York nonmetropolitan area varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $56,480, while highly experienced professionals can command wages upwards of $138,370.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $56,480 | $27.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $67,695 | $32.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,800 | $37.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $112,825 | $54.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $138,370 | $66.5 |
Detailed Insurance Underwriters Market Analysis
Relocation Context
Nominal Salary
$90,260
Gross Pay
Real Wage (Purchasing Power)
$90,260
Adjusted for COL (100)
In Central East New York nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $90,260 to $90,260.
Job Market Context
190
Total Jobs
1.213
Per 1K Jobs
1.73
Location Quotient
Central East New York nonmetropolitan area has 1.7x the national concentration of Insurance Underwriters jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
190 people work as Insurance Underwriters in Central East New York nonmetropolitan area.
1.213 out of every 1,000 local jobs are Insurance Underwriters positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Insurance Underwriters
| City | Salary | Dist. |
|---|---|---|
| Scranton--Wilkes-Barre, PA Insurance Underwriters Salary | $56,200↓ 38% | 64 mi |
| Utica-Rome, NY Insurance Underwriters Salary | $87,920↓ 3% | 66 mi |
| Albany-Schenectady-Troy, NY Insurance Underwriters Salary | $96,540↑ 7% | 68 mi |
Comparing salaries near Central East New York nonmetropolitan area
Hiring Insurance Underwriterss?
Frequently Asked Questions
How much does a Insurance Underwriters make in Central East New York nonmetropolitan area?
The median annual salary for a Insurance Underwriters in Central East New York nonmetropolitan area is $90,260. This typically ranges from $56,480 for entry-level positions to $138,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central East New York nonmetropolitan area is 0.7% lower than the national median of $90,920.
Is Central East New York nonmetropolitan area a good place for Insurance Underwriterss?
Yes, Central East New York nonmetropolitan area is highly recommended due to strong job demand. While salaries are competitive ($90,260), the area is particularly notable for its high job density for Insurance Underwriterss. See distinct detailed breakdown below.
Is Central East New York nonmetropolitan area a good place to live for Insurance Underwriters?
The Cost of Living Index in Central East New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central East New York nonmetropolitan area?
Some top paying nearby cities include Scranton--Wilkes-Barre, PA ($56,200) and Utica-Rome, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 190 employees in the Central East New York nonmetropolitan area area with a job density of 1.213 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Insurance Underwriters • Data source: BLS OEWS 2024 •Jobs in Central East New York nonmetropolitan area