The annual salary statistics of insurance underwriters in Des Moines-West Des Moines, Iowa is shown in Table 1. The wage statistics of insurance underwriters in Des Moines-West Des Moines is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $49,490 |
| 25th Percentile Wage | $60,390 |
| 50th Percentile Wage | $72,220 |
| 75th Percentile Wage | $99,800 |
| 90th Percentile Wage | $123,700 |
Table 1 shows the average annual salary for insurance underwriters in Des Moines-West Des Moines, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $123,700. The median (50th percentile) annual salary is $72,220. The average annual salary for the bottom 10 percent earners is $49,490.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $72,220 | 12.31% | 18.86% |
| 2021 | $63,330 | -5.92% | - |
| 2020 | $67,080 | 4.16% | - |
| 2019 | $64,290 | -10.64% | - |
| 2018 | $71,130 | 4.84% | - |
| 2017 | $67,690 | 4.42% | - |
| 2016 | $64,700 | 6.88% | - |
| 2015 | $60,250 | -0.08% | - |
| 2014 | $60,300 | 1.56% | - |
| 2013 | $59,360 | 1.28% | - |
| 2012 | $58,600 | - | - |
From Table 3 we note that with a median annual salary of $72,220, Des Moines-West Des Moines is the second highest paying city for insurance underwriters in state of Iowa, following the highest paying city Northeast Iowa nonmetropolitan area (median annual salary of $98,030). Compared with Northeast Iowa nonmetropolitan area, the median annual salary of insurance underwriters in Des Moines-West Des Moines is 26.3 percent (26.3%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northeast Iowa nonmetropolitan area | |
| Des Moines-West Des Moines | |
| Davenport-Moline-Rock Island | |
| Waterloo-Cedar Falls | |
| Southwest Iowa nonmetropolitan area | |
| Northwest Iowa nonmetropolitan area | |
| Cedar Rapids | |
| Iowa City | |
| Southeast Iowa nonmetropolitan area | |
| Dubuque |