The annual salary statistics of insurance underwriters in York-Hanover, Pennsylvania is shown in Table 1. The wage data of insurance underwriters in York-Hanover 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 | $43,740 |
| 25th Percentile Wage | $48,490 |
| 50th Percentile Wage | $61,070 |
| 75th Percentile Wage | $73,510 |
| 90th Percentile Wage | $93,980 |
Table 1 shows the average annual salary for insurance underwriters in York-Hanover, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $93,980. The median (50th percentile) annual salary is $61,070. The average annual salary for the bottom 10 percent earners is $43,740.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $61,070 | 15.75% | 14.59% |
| 2020 | $51,450 | -7.50% | - |
| 2019 | $55,310 | -10.78% | - |
| 2018 | $61,270 | 5.35% | - |
| 2017 | $57,990 | 10.05% | - |
| 2016 | $52,160 | 10.43% | - |
| 2015 | $46,720 | -1.24% | - |
| 2014 | $47,300 | -2.83% | - |
| 2013 | $48,640 | -7.24% | - |
| 2012 | $52,160 | - | - |
From Table 3 we note that the median annual salary of $61,070 in York-Hanover is in the middle of salary range for insurance underwriters in state of Pennsylvania. In comparison, the annual salary of insurance underwriters in York-Hanover is 29.8 percent (29.8%) lower than that in the highest paying Newark-Union and 18.3 percent (18.3%) higher than that in the lowest paying Johnstown.