SalaryByCity

Insurance Underwriters Salary in Baltimore, MD

2024 wage data from the Bureau of Labor Statistics

Median Salary
$89,990
Average Salary
$92,450
vs National
+$10,110
Employed
610

Salary Overview

Insurance Underwriters is a above-average occupation in Baltimore, MD, with a median annual salary of $89,990. Insurance Underwriterss in Baltimore, MD earn $10,110 more (13%) than the national median of $79,880. Experienced Insurance Underwriterss can expect to roughly double their starting salary over their career.

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Insurance Underwriterss in Baltimore, MD earn $10,110 more (13%) than the national median of $79,880.

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Only 610 Insurance Underwriterss work in Baltimore, MD. Consider nearby metro areas for more opportunities.

Cost of Living Consideration

When evaluating this salary, factor in Baltimore, MD's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.

Salary Distribution

$60,050$131,130
10th %ileMedian: $89,99090th %ile
PercentileAnnual SalaryMonthly
10th Percentile$60,050$5,004
25th Percentile$65,530$5,461
Median$89,990$7,499
75th Percentile$105,250$8,771
90th Percentile$131,130$10,928
Mean (Average)$92,450$7,704

Insurance Underwriters Salary in Other Cities

Metro AreaMedian Salary
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
Las Vegas-Henderson-Paradise, NV$98,280
San Francisco-Oakland-Berkeley, CA$94,210
Los Angeles-Long Beach-Anaheim, CA$93,760
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD$93,240
Baltimore-Columbia-Towson, MD$89,990

Highest Paying Jobs in Baltimore, MD

OccupationMedian Salary
Architectural and Engineering Managers$163,970
Financial Managers$155,270
Computer Hardware Engineers$153,340
Natural Sciences Managers$153,320
Human Resources Managers$147,070
Computer Network Architects$143,260
Managers, All Other$141,540
Lawyers$139,380
Software Developers$137,350
Computer Occupations, All Other$133,680

Related Data Insights

The cost of living in Baltimore, MD is 4.5% above the national average (index: 104.5). See full cost breakdown →

After adjusting for local cost of living, the purchasing power of Baltimore, MD salaries is equivalent to $83,080 in an average-cost US city.

Explore More About This Area

Cost of Living in Baltimore, MDCity Guide: Baltimore, MD

Frequently Asked Questions

What is the average Insurance Underwriters salary in Baltimore, MD?
The median annual salary for a Insurance Underwriters in Baltimore, MD is $89,990 as of 2024. The average (mean) salary is $92,450.
What is the salary range for Insurance Underwriters in Baltimore, MD?
Insurance Underwriters salaries in Baltimore, MD range from $60,050 (10th percentile) to $131,130 (90th percentile). The middle 50% earn between $65,530 and $105,250.
How many Insurance Underwriters work in Baltimore, MD?
There are approximately 610 Insurance Underwriters employed in the Baltimore, MD metropolitan area.
Is Insurance Underwriters a good career in Baltimore, MD?
Insurance Underwriters is a above-average occupation in Baltimore, MD, with a median annual salary of $89,990. Insurance Underwriterss in Baltimore, MD earn $10,110 more (13%) than the national median of $79,880. Experienced Insurance Underwriterss can expect to roughly double their starting salary over their career.
What is the earning potential for Insurance Underwriterss?
Experienced Insurance Underwriterss can expect to roughly double their starting salary over their career. Specialization and leadership roles offer the best path to higher earnings.
Is the Insurance Underwriters salary enough to live in Baltimore, MD?
When evaluating this salary, factor in Baltimore, MD's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.