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Average Insurance Underwriters Salary in West Northwestern Ohio nonmetropolitan area

The average salary for a Insurance Underwriters in West Northwestern Ohio nonmetropolitan area is $90,030. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $90,030 per year.
  • Growth Trend: Salaries have shifted 15.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $129,980.
  • Outlook: The current demand for Insurance Underwriterss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader West Northwestern Ohio nonmetropolitan area economy.
2024 Market Data

Salary Overview

$90,030

The average Insurance Underwriters in West Northwestern Ohio nonmetropolitan area earns-1.0%below the national average.

BreakdownBased on 40h/week
Hourly

$43.3

Weekly

$1,731

Monthly

$7,503

Insurance Underwriters Salary Distribution in West Northwestern Ohio nonmetropolitan area

The earning potential for Insurance Underwriterss in West Northwestern Ohio nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $43,150, while highly experienced professionals can command wages upwards of $129,980.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,150$20.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,523$32.5
ManagerOversees team, compliance, and project delivery.50% (Median)$81,470$39.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$112,538$54.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$129,980$62.5

Detailed Insurance Underwriters Market Analysis

Relocation Context

Nominal Salary

$90,030

Gross Pay

Real Wage (Purchasing Power)

$90,030

Adjusted for COL (100)

In West Northwestern Ohio nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $90,030 to $90,030.

Job Market Context

110

Total Jobs

0.446

Per 1K Jobs

0.64

Location Quotient

Below Average

West Northwestern Ohio nonmetropolitan area has 0.64x the national average concentration of Insurance Underwriters jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

110 people work as Insurance Underwriters in West Northwestern Ohio nonmetropolitan area.

Only 0.446 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

Comparing salaries near West Northwestern Ohio nonmetropolitan area

Hiring Insurance Underwriterss?

Frequently Asked Questions

How much does a Insurance Underwriters make in West Northwestern Ohio nonmetropolitan area?

The median annual salary for a Insurance Underwriters in West Northwestern Ohio nonmetropolitan area is $90,030. This typically ranges from $43,150 for entry-level positions to $129,980 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Northwestern Ohio nonmetropolitan area is 1.0% lower than the national median of $90,920.

Is West Northwestern Ohio nonmetropolitan area a good place for Insurance Underwriterss?

It depends on your priorities. While the average Insurance Underwriters salary in West Northwestern Ohio nonmetropolitan area is $90,030 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of West Northwestern Ohio nonmetropolitan area. See distinct detailed breakdown below.

Is West Northwestern Ohio nonmetropolitan area a good place to live for Insurance Underwriters?

The Cost of Living Index in West Northwestern Ohio nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near West Northwestern Ohio nonmetropolitan area?

Some top paying nearby cities include Columbus, OH ($94,130) and Lima, OH.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the West Northwestern Ohio nonmetropolitan area area with a job density of 0.446 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.