Insurance Underwriters Salary in Indianapolis, IN

BLS Occupational Employment & Wage Statistics • May 2025 • Indianapolis-Carmel-Greenwood, IN

Median annual salary $77,460 -3% vs national
Median hourly $37.24
10th percentile $48,580
90th percentile $129,390
Employed locally 830
National median $79,880

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Insurance Underwriters
in
Indianapolis, IN
vs

    Salary percentile breakdown

    10th
    $48,580
    25th
    $63,970
    50th (median)
    $77,460
    75th
    $102,360
    90th
    $129,390

    Indianapolis economic context

    Unemployment rate 3.80% 2024 annual avg • BLS LAUS
    Median household income $77,065 2023 • Census ACS
    Insurance Underwriters salary vs area income 101% Median Insurance Underwriters salary is 1% above the area median household income

    Top-paying metros for Insurance Underwriters

    Metro areaMedian salary
    Southwest Maine nonmetropolitan area $129,950
    Vermont $106,790
    Northern Vermont nonmetropolitan area $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
    Southwest Maine nonmetropolitan area $129,950
    Chicago-Naperville-Elgin, IL-IN $98,860
    Lexington-Fayette, KY $98,160
    Maine $96,600
    Washington $95,310
    Lafayette-West Lafayette, IN $95,130

    Related occupations in Indianapolis, IN

    OccupationMedian salary
    Accountants and Auditors $79,560
    Human Resources Specialists $63,000
    Market Research Analysts and Marketing Specialists $65,700
    Management Analysts $93,770
    Project Management Specialists $93,360
    Training and Development Specialists $73,150

    Frequently asked questions

    How much do Insurance Underwriters make per hour in Indianapolis?

    The median hourly wage for Insurance Underwriters in Indianapolis, IN is $37.24, based on BLS OEWS 2025 data. Top earners (90th percentile) make $51.44 or more per hour.

    Is Indianapolis above or below average for Insurance Underwriters salaries?

    The median Insurance Underwriters salary in Indianapolis, IN is 3% below 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 Indianapolis?

    Entry-level Insurance Underwriters (10th percentile) earn around $48,580 per year in Indianapolis, IN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $63,970.