Budget Analysts vs Insurance Underwriters: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Budget Analysts professionals earn $8,050 more per year than Insurance Underwriters professionals — that's 10.1% higher. At the 90th percentile, Budget Analysts earns $134,640 compared to $138,020 for Insurance Underwriters.
Salary Range Comparison
Budget Analysts$60,510 – $134,640
Insurance Underwriters$51,640 – $138,020
$51,640$138,020
Detailed Salary Comparison
| Percentile | Budget Analysts | Insurance Underwriters | Difference |
|---|---|---|---|
| 10th Percentile | $60,510 | $51,640 | +$8,870 |
| 25th Percentile | $72,240 | $63,070 | +$9,170 |
| Median (50th) | $87,930 | $79,880 | +$8,050 |
| 75th Percentile | $110,380 | $104,820 | +$5,560 |
| 90th Percentile | $134,640 | $138,020 | $-3,380 |
| Mean (Average) | $93,920 | $90,830 | +$3,090 |
Employment Numbers
Budget Analysts
47,170
employed nationwide
Insurance Underwriters
107,820
employed nationwide
Top Paying Cities
Best Cities for Budget Analysts
| City | Median |
|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $141,590 |
| San Francisco-Oakland-Berkeley, CA | $125,170 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $121,890 |
| Los Angeles-Long Beach-Anaheim, CA | $104,970 |
| San Diego-Chula Vista-Carlsbad, CA | $103,960 |
Best Cities for Insurance Underwriters
| City | Median |
|---|---|
| Denver-Aurora-Lakewood, CO | $106,380 |
| Boston-Cambridge-Nashua, MA-NH | $103,270 |
| Chicago-Naperville-Elgin, IL-IN-WI | $98,860 |
| Seattle-Tacoma-Bellevue, WA | $98,500 |
| Hartford-East Hartford-Middletown, CT | $98,400 |
Frequently Asked Questions
Who earns more: Budget Analysts or Insurance Underwriters?
Budget Analysts professionals earn more, with a median salary difference of $8,050 (10.1% higher) as of 2024 BLS data.
What is the salary range for Budget Analysts?
Budget Analysts salaries range from $60,510 (10th percentile) to $134,640 (90th percentile), with a median of $87,930.
What is the salary range for Insurance Underwriters?
Insurance Underwriters salaries range from $51,640 (10th percentile) to $138,020 (90th percentile), with a median of $79,880.
How many Budget Analysts and Insurance Underwriters jobs are there?
There are approximately 47,170 Budget Analysts positions and 107,820 Insurance Underwriters positions nationwide according to 2024 BLS data.
Is it worth switching from Insurance Underwriters to Budget Analysts?
Career decisions depend on many factors beyond salary. Budget Analysts has a median salary of $87,930 while Insurance Underwriters earns $79,880. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS