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Average Insurance Underwriters Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY

The average salary for Insurance Underwriterss in Kiryas Joel-Poughkeepsie-Newburgh, NY is $80,860. While this is lower than the national average, the cost of living in Kiryas Joel-Poughkeepsie-Newburgh, NY may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $80,860 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $121,710.
  • Outlook: The current demand for Insurance Underwriterss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Kiryas Joel-Poughkeepsie-Newburgh, NY economy.
2024 Market Data

Salary Overview

$80,860

The average Insurance Underwriters in Kiryas Joel-Poughkeepsie-Newburgh, NY earns-11.1%below the national average.

BreakdownBased on 40h/week
Hourly

$38.9

Weekly

$1,555

Monthly

$6,738

Insurance Underwriters Salary Distribution in Kiryas Joel-Poughkeepsie-Newburgh, NY

The earning potential for Insurance Underwriterss in Kiryas Joel-Poughkeepsie-Newburgh, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $41,490, while highly experienced professionals can command wages upwards of $121,710.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,490$19.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$60,645$29.2
ManagerOversees team, compliance, and project delivery.50% (Median)$77,000$37
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$101,075$48.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$121,710$58.5

Detailed Insurance Underwriters Market Analysis

Relocation Context

Nominal Salary

$80,860

Gross Pay

Real Wage (Purchasing Power)

$80,860

Adjusted for COL (100)

In Kiryas Joel-Poughkeepsie-Newburgh, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $80,860 to $80,860.

Job Market Context

80

Total Jobs

0.315

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Kiryas Joel-Poughkeepsie-Newburgh, NY has a notably lower concentration of Insurance Underwriters jobs than the national average. Opportunities in this area are relatively scarce for this profession.

80 people work as Insurance Underwriters in Kiryas Joel-Poughkeepsie-Newburgh, NY.

Only 0.315 out of every 1,000 local jobs are Insurance Underwriters roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Insurance Underwriters

CitySalaryDist.
New York-Newark-Jersey City, NY-NJ Insurance Underwriters Salary$100,220↑ 24%44 mi
Bridgeport-Stamford-Danbury, CT Insurance Underwriters Salary$113,000↑ 40%51 mi
Waterbury-Shelton, CT Insurance Underwriters Salary$94,430↑ 17%60 mi
New Haven, CT Insurance Underwriters Salary$88,000↑ 9%64 mi

Comparing salaries near Kiryas Joel-Poughkeepsie-Newburgh, NY

Hiring Insurance Underwriterss?

Frequently Asked Questions

How much does a Insurance Underwriters make in Kiryas Joel-Poughkeepsie-Newburgh, NY?

The median annual salary for a Insurance Underwriters in Kiryas Joel-Poughkeepsie-Newburgh, NY is $80,860. This typically ranges from $41,490 for entry-level positions to $121,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kiryas Joel-Poughkeepsie-Newburgh, NY is 11.1% lower than the national median of $90,920.

Is Kiryas Joel-Poughkeepsie-Newburgh, NY a good place for Insurance Underwriterss?

It depends on your priorities. While the average Insurance Underwriters salary in Kiryas Joel-Poughkeepsie-Newburgh, NY is $80,860 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Kiryas Joel-Poughkeepsie-Newburgh, NY. See distinct detailed breakdown below.

Is Kiryas Joel-Poughkeepsie-Newburgh, NY a good place to live for Insurance Underwriters?

The Cost of Living Index in Kiryas Joel-Poughkeepsie-Newburgh, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Kiryas Joel-Poughkeepsie-Newburgh, NY?

Some top paying nearby cities include New York-Newark-Jersey City, NY-NJ ($100,220) and Bridgeport-Stamford-Danbury, CT.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Kiryas Joel-Poughkeepsie-Newburgh, NY area with a job density of 0.315 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Kiryas Joel-Poughkeepsie-Newburgh, NY

Semantic Salary Analysis for Insurance Underwriters • Data source: BLS OEWS 2024 •Jobs in Kiryas Joel-Poughkeepsie-Newburgh, NY