Insurance Underwriters Salary in Sioux Falls, SD-MN

BLS Occupational Employment & Wage Statistics • May 2025 • Sioux Falls, SD-MN

Median annual salary $85,570 +7.1% vs national
Median hourly $41.14
10th percentile $57,160
90th percentile $168,080
Employed locally 170
National median $79,880

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Insurance Underwriters
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Sioux Falls, SD-MN
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    Salary percentile breakdown

    10th
    $57,160
    25th
    $62,490
    50th (median)
    $85,570
    75th
    $105,160
    90th
    $168,080

    Sioux Falls economic context

    Unemployment rate 1.70% 2024 annual avg • BLS LAUS
    Median household income $81,418 2023 • Census ACS
    Insurance Underwriters salary vs area income 105% Median Insurance Underwriters salary is 5% above the area median household income

    Frequently asked questions

    How much do Insurance Underwriters make per hour in Sioux Falls?

    The median hourly wage for Insurance Underwriters in Sioux Falls, SD-MN is $41.14, based on BLS OEWS 2025 data. Top earners (90th percentile) make $81.39 or more per hour.

    Is Sioux Falls above or below average for Insurance Underwriters salaries?

    The median Insurance Underwriters salary in Sioux Falls, SD-MN is 7.1% 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 Sioux Falls?

    Entry-level Insurance Underwriters (10th percentile) earn around $57,160 per year in Sioux Falls, SD-MN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $62,490.