Insurance Underwriters Salary in Memphis, TN-MS-AR
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Insurance Underwriters is a moderate occupation in Memphis, TN-MS-AR, with a median annual salary of $73,890. Insurance Underwriterss in Memphis, TN-MS-AR earn $5,990 less (7%) than the national median of $79,880. Experienced Insurance Underwriterss can expect to roughly double their starting salary over their career.
Insurance Underwriterss in Memphis, TN-MS-AR earn $5,990 less (7%) than the national median of $79,880.
Only 120 Insurance Underwriterss work in Memphis, TN-MS-AR. Consider nearby metro areas for more opportunities.
Cost of Living Consideration
When evaluating this salary, factor in Memphis, TN-MS-AR's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.
Salary Distribution
| Percentile | Annual Salary | Monthly |
|---|---|---|
| 10th Percentile | $55,810 | $4,651 |
| 25th Percentile | $72,520 | $6,043 |
| Median | $73,890 | $6,158 |
| 75th Percentile | $92,310 | $7,693 |
| 90th Percentile | $121,570 | $10,131 |
| Mean (Average) | $81,990 | $6,833 |
Insurance Underwriters Salary in Other Cities
| Metro Area | Median 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 Memphis, TN-MS-AR
| Occupation | Median Salary |
|---|---|
| Architectural and Engineering Managers | $173,990 |
| Natural Sciences Managers | $166,330 |
| Financial Managers | $134,480 |
| Database Administrators | $129,440 |
| Computer Network Architects | $124,370 |
| Lawyers | $121,510 |
| Nurse Practitioners | $116,860 |
| Software Developers | $116,470 |
| Electrical Engineers | $106,800 |
| Medical and Health Services Managers | $106,620 |
Related Data Insights
The cost of living in Memphis, TN is 7.8% below the national average (index: 92.2). See full cost breakdown →
After adjusting for local cost of living, the purchasing power of Memphis, TN salaries is equivalent to $78,013 in an average-cost US city.