SalaryExplorer

SOC 13-2053 · May 2025 · BLS OEWS

Insurance UnderwritersBaltimore

Baltimore-Columbia-Towson, MD · 1 metro areas compared

$93,510 /year
$44.96per hour
770jobs in area
+14.9%vs US median

Median pay for this occupation in Baltimore, MD comes to $93,510 a year, ahead of the national median of $81,370 by 14.9%.

Wage distribution · annual

Shaded band holds the middle 50% of earners

US MEDIAN $81,37010TH$57,36025TH$68,930MEDIAN$93,51075TH$116,36090TH$152,700

Salary overview

Median pay for this occupation in Baltimore, MD comes to $93,510 a year, ahead of the national median of $81,370 by 14.9%. Pay ranges from under $57,360 at the tenth percentile to more than $152,700 at the ninetieth, with the interquartile range running from $68,930 to $116,360.

Employment stands at 770, or 0.6 jobs per thousand held locally. Within the state, Hagerstown records the highest median at $80,770. Of the 646 occupations with published wages in this area, it sits 162nd.

Percentile breakdown

Annual wages by percentile · Baltimore-Columbia-Towson, MD · May 2025
PercentileAnnualvs US median
10th$57,360−29.5%
25th$68,930−15.3%
Median (50th)$93,510+14.9%
75th$116,360+43.0%
90th$152,700+87.7%
Mean$96,940+19.1%

Other metro areas in Maryland

Median annual wage for Insurance Underwriters, by metro area
#Metro areaMedianJobsRelative
1Hagerstown$80,77050

What the pay is worth locally

Prices in Baltimore run 5.0% above the national average, so the median of $93,510 buys what $89,057 would elsewhere in the country. Measured that way the gap against the national median narrows to 9.4% above the national median in real terms.

Published median

$93,510as reported by BLS

Local price level

105.0US average = 100 · BEA 2024

Adjusted for local prices

$89,057US average = 100 · BEA 2024

Key takeaways

  • Median pay is $93,510 a year, 14.9% above the national median.
  • Published pay spans $57,360 to $152,700 between the tenth and ninetieth percentiles.
  • The area has 770 jobs in this occupation.
  • The highest-paying metro area covered is Hagerstown, at $80,770.

Frequently asked questions

What is the median wage for Insurance Underwriters in Baltimore, MD?

The median annual wage is $93,510, or $44.96 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.

Is that higher than the national average?

The national median for this occupation is $81,370, so pay in Baltimore, MD is 14.9% higher. These figures are medians, not averages: half of workers fall on each side.

What do the top earners make?

The top tenth of this occupation in Baltimore, MD earns more than $152,700 per year. The ninetieth percentile is the highest figure the survey publishes.

What is the starting range?

The tenth percentile wage is $57,360 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.

Which area nearby pays the most?

The highest median for this occupation among the metro areas covered is in Hagerstown, at $80,770 per year.

How many jobs are there in this occupation here?

The survey estimates 770 jobs in this occupation in Baltimore, MD. Self-employed workers are not included.

Source and methodology

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.

Insurance Underwriters Salary in Baltimore, MD (2025): $93,510 Median | Salary Explorer