Insurance Underwriters Salary
Insurance Underwriters in Idaho make a median of $62,530 a year, or about $30.06 an hour. The range runs from $48K at the entry level to $121K for experienced workers. Cost of living is below average (RPP 93.88), which stretches that salary to about $66,606 in buying power. Rent on a 2-bedroom averages $1,136/month, or 27.6% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Idaho. Jump to a metro for precise data:
So what does $63K get you in Idaho?
About insurance underwriters
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What this looks like in Idaho
Pay for insurance underwriters in Idaho runs about 23% below the U.S. median of $81K. Rent runs $1,136/month for a 2-bedroom (HUD FMR), taking 27.4% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 93.88 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Idaho
Entry-level insurance underwriters (10th percentile) start around $48K. Mid-career wages sit at $63K. Top earners bring in $121K or more, a $73K spread from bottom to top.
Insurance Underwriters salary by metro in Idaho
1 metro area with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Boise City | $80K | +28% | 220 |
Compare to other states
Track insurance underwriters salary changes
BLS updates this data quarterly. We'll email you when Idaho numbers change.
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Frequently asked questions
Can a insurance underwriter afford a 2BR apartment alone in Idaho?
Yes — at the median salary of $63K, rent takes 27.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,136/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for insurance underwriters in Idaho?
The 10th-percentile wage — what new insurance underwriters typically earn — is $48K/year. Take-home on that works out to about $2,861/month. At HUD’s $1,136/month FMR, rent would take 40% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is insurance underwriter a high-paying job in Idaho?
Local pay runs 23% below the national median — $63K here vs. $81K nationally. Cost of living is 6% below the national average, which narrows that gap in real purchasing power.
How does Idaho compare to the national average for insurance underwriters?
Idaho pays $63K median vs. the U.S. average of $81K — that’s -23%. After adjusting for local cost of living (RPP 93.88), the purchasing-power equivalent is $67K — below the national median.
How much do insurance underwriters make in Idaho?
The median is $62,530 a year, that works out to about $30 an hour. But the range is wide: entry-level workers start around $47,680, and experienced insurance underwriters can clear $120,890. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $63K enough to live in Idaho?
On that salary, you'd take home roughly $4,143/month after taxes. A 2-bedroom here rents for about $1,136/month, which eats 27.4% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a insurance underwriters salary go in Idaho?
Idaho has a Regional Price Parity of 93.88 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median insurance underwriters salary is worth about $66,606 in national-average purchasing power.
Where do insurance underwriters get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.