Insurance Underwriters Salary in Traverse City, MI

BLS Occupational Employment & Wage Statistics • May 2025 • Traverse City, MI

Median annual salary $62,610 -21.6% vs national
Median hourly $30.10
10th percentile $60,410
90th percentile $100,600
Employed locally 70
National median $79,880

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Insurance Underwriters
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Traverse City, MI
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    Salary percentile breakdown

    10th
    $60,410
    25th
    $60,410
    50th (median)
    $62,610
    75th
    $78,090
    90th
    $100,600

    Traverse City economic context

    Unemployment rate 4.30% 2024 annual avg • BLS LAUS
    Median household income $77,495 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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $93,240
    Milwaukee-Waukesha, WI $87,950
    Grand Rapids-Wyoming-Kentwood, MI $80,920
    Miami-Fort Lauderdale-West Palm Beach, FL $80,800
    Southeast Missouri nonmetropolitan area $80,060
    Minneapolis-St. Paul-Bloomington, MN-WI $79,950

    Related occupations in Traverse City, MI

    OccupationMedian salary
    Accountants and Auditors $69,330
    Market Research Analysts and Marketing Specialists $57,840
    Human Resources Specialists $62,700
    Project Management Specialists $81,730
    Training and Development Specialists $59,690
    Business Operations Specialists, All Other $62,520

    Frequently asked questions

    How much do Insurance Underwriters make per hour in Traverse City?

    The median hourly wage for Insurance Underwriters in Traverse City, MI is $30.10, based on BLS OEWS 2025 data. Top earners (90th percentile) make $56.82 or more per hour.

    Is Traverse City above or below average for Insurance Underwriters salaries?

    The median Insurance Underwriters salary in Traverse City, MI is 21.6% 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 Traverse City?

    Entry-level Insurance Underwriters (10th percentile) earn around $60,410 per year in Traverse City, MI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $60,410.