Insurance Underwriters Salary
Insurance Underwriters in North Carolina make a median of $77,120 a year, or about $37.08 an hour. The range runs from $49K at the entry level to $130K for experienced workers. Cost of living is below average (RPP 92.66), which stretches that salary to about $83,229 in buying power. Rent on a 2-bedroom averages $1,284/month, or 24.9% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across North Carolina. Jump to a metro for precise data:
So what does $77K get you in North Carolina?
About insurance underwriters
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What this looks like in North Carolina
Insurance underwriters pay in North Carolina tracks closely to the national median, $77K locally vs. $81K nationwide, a 5% difference. Rent runs $1,284/month for a 2-bedroom (HUD FMR), taking 26% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 92.66 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compensation breakdown
Annual earnings by percentile, North Carolina
Entry-level insurance underwriters (10th percentile) start around $49K. Mid-career wages sit at $77K. Top earners bring in $130K or more, a $81K spread from bottom to top.
Insurance Underwriters salary by metro in North Carolina
7 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Charlotte-Concord-Gastonia | $80K | +4% | 1,140 |
| Durham-Chapel Hill | $80K | +4% | 60 |
| Raleigh-Cary | $79K | +3% | 520 |
| Greensboro-High Point | $76K | -2% | 150 |
| Winston-Salem | $76K | -2% | 140 |
| Burlington | $59K | -24% | 40 |
| Goldsboro | $58K | -25% | 50 |
Compare to other states
Track insurance underwriters salary changes
BLS updates this data quarterly. We'll email you when North Carolina numbers change.
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Frequently asked questions
Can a insurance underwriter afford a 2BR apartment alone in North Carolina?
Yes — at the median salary of $77K, rent takes 26% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,284/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for insurance underwriters in North Carolina?
The 10th-percentile wage — what new insurance underwriters typically earn — is $49K/year. Take-home on that works out to about $2,914/month. At HUD’s $1,284/month FMR, rent would take 44% 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 North Carolina?
Pay here is roughly in line with the national average — $77K locally vs. $81K nationally, a 5% difference.
How does North Carolina compare to the national average for insurance underwriters?
North Carolina pays $77K median vs. the U.S. average of $81K — that’s -5%. After adjusting for local cost of living (RPP 92.66), the purchasing-power equivalent is $83K — still ahead of the national median.
How much do insurance underwriters make in North Carolina?
The median is $77,120 a year, that works out to about $37 an hour. But the range is wide: entry-level workers start around $48,560, and experienced insurance underwriters can clear $129,980. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $77K enough to live in North Carolina?
On that salary, you'd take home roughly $4,931/month after taxes. A 2-bedroom here rents for about $1,284/month, which eats 26% 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 North Carolina?
North Carolina has a Regional Price Parity of 92.66 (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 $83,229 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.