Insurance Underwriters Salary in Utah
Official Bureau of Labor Statistics Data - May 2024 - UT
Median Annual Salary in Utah
$75,524
$36.31 / hour
▼ 3.0% below national avg
National Median
$77,860
$37.43 / hour nationally
COL-Adjusted Purchasing Power
$70,059
Missouri equivalent (COL: 107.8)
Insurance Underwriters Salary in Utah
| Percentile | Annual Salary |
|---|---|
| 10th (Entry Level) | $40,028 |
| 25th Percentile | $54,377 |
| 50th (Median) | $75,524 |
| 75th Percentile | $104,223 |
| 90th (Top Earners) | $129,901 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | |
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Cost of Living Adjusted Salary
The Utah median salary of $75,524 for Insurance Underwriters has the purchasing power of approximately $70,059 in Missouri (the COL baseline state with index 100).
Utah's higher cost of living (COL index: 107.8) reduces the real purchasing power of wages compared to lower-cost states.
COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.
Frequently Asked Questions
How much do Insurance Underwriters make in Utah?
Insurance Underwriters in Utah earn a median annual salary of $75,524 per year ($36.31/hr) according to BLS OEWS data (May 2024). This is below the national median of $77,860.
Is Utah a good state for Insurance Underwriters?
Utah pays slightly below the national average for insurance underwriters. Cost of living in Utah is higher average (COL index: 107.8).
What is the cost-of-living adjusted salary for Insurance Underwriters in Utah?
After adjusting for cost of living (COL index: 107.8 vs. Missouri baseline of 100), the $75,524 salary in Utah has the purchasing power of approximately $70,059 in Missouri. Higher living costs in Utah reduce real purchasing power.
How does Utah compare to neighboring states for Insurance Underwriters salaries?
For detailed comparison across all states, see the full Insurance Underwriters salary page at the national level, which includes a complete 50-state salary table.
Top Paying Jobs in Utah
| # | Job Title | Median Annual |
|---|---|---|
| 1 | Anesthesiologists | $322,234 |
| 2 | Radiologists | $300,622 |
| 3 | Orthopedic Surgeons, Except Pediatric | $297,033 |
| 4 | Neurologists | $286,732 |
| 5 | Ophthalmologists, Except Pediatric | $263,724 |
| 6 | Psychiatrists | $242,304 |
| 7 | Physicians, Pathologists | $236,602 |
| 8 | General Internal Medicine Physicians | $236,040 |
| Source: BLS OEWS May 2024 | ||
About Insurance Underwriters in Utah
Insurance Underwriters work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the business finance sector of the U.S. economy.
Education Required: Bachelor's degree