Insurance Underwriters Salary
Insurance Underwriters in Miami-Fort Lauderdale-West Palm Beach, FL make a median of $79,460 a year, or about $38.2 an hour. The range runs from $51K at the entry level to $155K for experienced workers. Prices run high here (RPP 114.16), so that salary is closer to $69,604 in real purchasing power. A 2-bedroom apartment runs $2,436/month, about 44.1% of take-home, which is tight.
Where the paycheck goes
What $79K actually covers in Miami-Fort Lauderdale-West Palm Beach, month by month
Groceries, utilities, transportation, and healthcare scaled from national averages by Miami-Fort Lauderdale-West Palm Beach’s Regional Price Parity (114.16). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About insurance underwriters
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What this looks like in Miami-Fort Lauderdale-West Palm Beach
Insurance underwriters pay in Miami-Fort Lauderdale-West Palm Beach tracks closely to the national median, $79K locally vs. $81K nationwide, a 2% difference. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $2,436/month, which is 45.5% of the median worker's take-home, past the 30% guideline most planners use. Cost-of-living overall is 14% above the national average (BEA RPP 114.16), so groceries and services cost more too. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for insurance underwriters in metros near Miami-Fort Lauderdale-West Palm Beach, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Tampa-St. Petersburg-Clearwater | $78K | $78K |
| Orlando-Kissimmee-Sanford | $75K | $74K |
| Jacksonville | $81K | $82K |
| Tallahassee | $62K | $67K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Miami-Fort Lauderdale-West Palm Beach, FL
Entry-level insurance underwriters (10th percentile) start around $51K. Mid-career wages sit at $79K. Top earners bring in $155K or more, a $104K spread from bottom to top.
Insurance Underwriters pay across states
Median income ranked highest to lowest, compared to the national figure
View Insurance Underwriters salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Massachusetts | $107K | +31% | 2,890 |
| New Hampshire | $104K | +28% | 270 |
| Nevada | $101K | +25% | 480 |
| Connecticut | $101K | +24% | 2,010 |
| Colorado | $101K | +24% | 2,040 |
| Washington | $99K | +22% | 1,740 |
| New York | $97K | +20% | 6,900 |
| Wisconsin | $97K | +20% | 3,110 |
| New Jersey | $96K | +18% | 3,150 |
| Maine | $96K | +17% | 520 |
| California | $95K | +17% | 6,580 |
| Maryland | $92K | +13% | 1,310 |
| Illinois | $90K | +10% | N/A |
| Georgia | $86K | +6% | 7,160 |
| Rhode Island | $85K | +4% | 250 |
| South Dakota | $83K | +2% | 210 |
| Arkansas | $82K | +1% | 290 |
| District of Columbia | $82K | +1% | N/A |
| Virginia | $82K | +1% | 2,470 |
| Alaska | $82K | +0% | 100 |
| Minnesota | $81K | -1% | 2,550 |
| Missouri | $80K | -2% | 2,130 |
| Kentucky | $80K | -2% | 900 |
| South Carolina | $80K | -2% | 910 |
| Ohio | $79K | -3% | 5,110 |
| Oregon | $79K | -3% | 570 |
| Pennsylvania | $79K | -3% | 5,160 |
| Texas | $79K | -3% | 9,980 |
| Tennessee | $79K | -3% | 1,250 |
| Florida | $79K | -3% | 7,300 |
| Vermont | $78K | -4% | 210 |
| Arizona | $78K | -4% | 3,360 |
| Indiana | $77K | -5% | 2,170 |
| Michigan | $77K | -5% | 2,590 |
| North Carolina | $77K | -5% | 3,460 |
| Kansas | $77K | -5% | 1,230 |
| Louisiana | $77K | -6% | 1,050 |
| Iowa | $75K | -8% | 1,490 |
| Nebraska | $75K | -8% | 1,410 |
| North Dakota | $74K | -9% | 210 |
| Hawaii | $73K | -10% | 230 |
| Utah | $73K | -11% | 490 |
| Oklahoma | $67K | -18% | 600 |
| New Mexico | $64K | -21% | 100 |
| Montana | $63K | -22% | 140 |
| Idaho | $63K | -23% | 360 |
| Wyoming | $62K | -23% | 50 |
| Alabama | $62K | -24% | 1,540 |
| Mississippi | $59K | -27% | 600 |
Showing 1–10 of 49 states with published data
BLS does not publish data for every state when sample sizes are too small
Track insurance underwriters salary changes
BLS updates this data quarterly. We'll email you when Miami-Fort Lauderdale-West Palm Beach numbers change.
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Quick answers
The stuff people actually ask about this job
Can a insurance underwriter afford a 2BR apartment alone in Miami-Fort Lauderdale-West Palm Beach?
It’s a stretch — at the median salary of $79K, rent takes 45.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,436/month. The 30% guideline puts the comfortable ceiling at roughly $1,600/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for insurance underwriters in Miami-Fort Lauderdale-West Palm Beach?
The 10th-percentile wage — what new insurance underwriters typically earn — is $51K/year. Take-home on that works out to about $3,562/month. At HUD’s $2,436/month FMR, rent would take 68% 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 Miami-Fort Lauderdale-West Palm Beach?
Pay here is roughly in line with the national average — $79K locally vs. $81K nationally, a 2% difference.
How does Miami-Fort Lauderdale-West Palm Beach compare to the national average for insurance underwriters?
Miami-Fort Lauderdale-West Palm Beach pays $79K median vs. the U.S. average of $81K — that’s -2%. After adjusting for local cost of living (RPP 114.16), the purchasing-power equivalent is $70K — below the national median.
How much do insurance underwriters make in Miami-Fort Lauderdale-West Palm Beach, FL?
The median is $79,460 a year, that works out to about $38 an hour. But the range is wide: entry-level workers start around $50,660, and experienced insurance underwriters can clear $154,590. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $79K enough to live in Miami-Fort Lauderdale-West Palm Beach?
On that salary, you'd take home roughly $5,357/month after taxes. A 2-bedroom here rents for about $2,436/month, which eats 45.5% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a insurance underwriters salary go in Miami-Fort Lauderdale-West Palm Beach?
Miami-Fort Lauderdale-West Palm Beach has a Regional Price Parity of 114.16 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median insurance underwriters salary is worth about $69,604 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.