Insurance Underwriters Salary in Baltimore, MD

BLS Occupational Employment & Wage Statistics • May 2025 • Baltimore-Columbia-Towson, MD

Median annual salary $89,990 +12.7% vs national
Median hourly $43.26
10th percentile $60,050
90th percentile $131,130
Employed locally 610
National median $79,880

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Insurance Underwriters
in
Baltimore, MD
vs

    Salary percentile breakdown

    10th
    $60,050
    25th
    $65,530
    50th (median)
    $89,990
    75th
    $105,250
    90th
    $131,130

    Baltimore economic context

    Unemployment rate 3.10% 2024 annual avg • BLS LAUS
    Median household income $97,300 2023 • Census ACS
    Insurance Underwriters salary vs area income 92% Median Insurance Underwriters salary is 8% below the area median household income

    Top-paying metros for Insurance Underwriters

    Metro areaMedian salary
    Southwest Maine nonmetropolitan area $129,950
    Northern Vermont nonmetropolitan area $106,790
    Vermont $106,790
    Denver-Aurora-Centennial, CO $106,380
    Boston-Cambridge-Newton, MA-NH $103,270
    District of Columbia $100,660

    Nearby metros — Insurance Underwriters salary comparison

    Metro areaMedian salary
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $93,240
    Washington-Arlington-Alexandria, DC-VA-MD-WV $89,630
    Hagerstown-Martinsburg, MD-WV $79,980

    Related occupations in Baltimore, MD

    OccupationMedian salary
    Project Management Specialists $102,750
    Business Operations Specialists, All Other $96,300
    Accountants and Auditors $83,670
    Management Analysts $121,870
    Human Resources Specialists $80,030
    Market Research Analysts and Marketing Specialists $70,050

    Frequently asked questions

    How much do Insurance Underwriters make per hour in Baltimore?

    The median hourly wage for Insurance Underwriters in Baltimore, MD is $43.26, based on BLS OEWS 2025 data. Top earners (90th percentile) make $73.41 or more per hour.

    Is Baltimore above or below average for Insurance Underwriters salaries?

    The median Insurance Underwriters salary in Baltimore, MD is 12.7% above the national median of $79,880. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Insurance Underwriters in Baltimore?

    Entry-level Insurance Underwriters (10th percentile) earn around $60,050 per year in Baltimore, MD. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $65,530.