Insurance Underwriters Salary in Minneapolis, MN-WI

BLS Occupational Employment & Wage Statistics • May 2025 • Minneapolis-St. Paul-Bloomington, MN-WI

Median annual salary $79,950 +0.1% vs national
Median hourly $38.44
10th percentile $61,140
90th percentile $134,510
Employed locally 1,970
National median $79,880

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Insurance Underwriters
in
Minneapolis, MN-WI
vs

    Salary percentile breakdown

    10th
    $61,140
    25th
    $67,360
    50th (median)
    $79,950
    75th
    $108,800
    90th
    $134,510

    Minneapolis economic context

    Unemployment rate 2.90% 2024 annual avg • BLS LAUS
    Median household income $98,180 2023 • Census ACS
    Insurance Underwriters salary vs area income 81% Median Insurance Underwriters salary is 19% below 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
    Sioux Falls, SD-MN $85,570
    Fargo, ND-MN $76,150

    Related occupations in Minneapolis, MN-WI

    OccupationMedian salary
    Accountants and Auditors $83,260
    Market Research Analysts and Marketing Specialists $85,850
    Management Analysts $97,390
    Project Management Specialists $99,290
    Human Resources Specialists $78,960
    Business Operations Specialists, All Other $79,300

    Frequently asked questions

    How much do Insurance Underwriters make per hour in Minneapolis?

    The median hourly wage for Insurance Underwriters in Minneapolis, MN-WI is $38.44, based on BLS OEWS 2025 data. Top earners (90th percentile) make $71.88 or more per hour.

    Is Minneapolis above or below average for Insurance Underwriters salaries?

    The median Insurance Underwriters salary in Minneapolis, MN-WI is 0.1% 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 Minneapolis?

    Entry-level Insurance Underwriters (10th percentile) earn around $61,140 per year in Minneapolis, MN-WI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $67,360.