Insurance Underwriters Salary
Insurance Underwriters in Wyoming make a median of $62,290 a year, or about $29.95 an hour. The range runs from $48K at the entry level to $105K for experienced workers. Adjusted for local prices (RPP 95.16), that's roughly $65,458 in purchasing power. Rent on a 2-bedroom averages $1,008/month, or 23.3% of estimated take-home pay.
Statewide average. This is an aggregate across all of Wyoming. BLS does not publish metro-level data for this occupation in this state.
So what does $62K get you in Wyoming?
About insurance underwriters
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What this looks like in Wyoming
Pay for insurance underwriters in Wyoming runs about 23% below the U.S. median of $81K. Housing is manageable: a 2-bedroom at the HUD median costs $1,008/month, 23.2% of take-home, well inside the 30% guideline. Cost of living (RPP 95.16) is near the national average, so spending patterns here track the typical American budget fairly closely. Lower pay, lower costs, Wyoming can be a reasonable trade-off for insurance underwriterss who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, Wyoming
Entry-level insurance underwriters (10th percentile) start around $48K. Mid-career wages sit at $62K. Top earners bring in $105K or more, a $57K spread from bottom to top.
Compare to other states
Track insurance underwriters salary changes
BLS updates this data quarterly. We'll email you when Wyoming numbers change.
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Frequently asked questions
Can a insurance underwriter afford a 2BR apartment alone in Wyoming?
Yes — at the median salary of $62K, rent takes 23.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,008/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for insurance underwriters in Wyoming?
The 10th-percentile wage — what new insurance underwriters typically earn — is $48K/year. Take-home on that works out to about $2,851/month. At HUD’s $1,008/month FMR, rent would take 35% 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 Wyoming?
Local pay runs 23% below the national median — $62K here vs. $81K nationally.
How does Wyoming compare to the national average for insurance underwriters?
Wyoming pays $62K median vs. the U.S. average of $81K — that’s -23%. After adjusting for local cost of living (RPP 95.16), the purchasing-power equivalent is $65K — below the national median.
How much do insurance underwriters make in Wyoming?
The median is $62,290 a year, that works out to about $30 an hour. But the range is wide: entry-level workers start around $47,520, and experienced insurance underwriters can clear $104,890. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $62K enough to live in Wyoming?
On that salary, you'd take home roughly $4,341/month after taxes. A 2-bedroom here rents for about $1,008/month, which eats 23.2% 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 Wyoming?
Wyoming has a Regional Price Parity of 95.16 (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 $65,458 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.