SOC 13-2053 · May 2025 · BLS OEWS
Insurance Underwriters — Massachusetts
Massachusetts · 3 metro areas compared
In Massachusetts the median wage for Insurance Underwriters reaches $106,640 a year.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
In Massachusetts the median wage for Insurance Underwriters reaches $106,640 a year. That is 31.1% more than the national median of $81,370. The middle half of workers in this occupation earn between $80,250 and $135,110. The lowest tenth earn under $70,590, while the highest tenth earn more than $167,590.
Employment stands at 2,890, or 0.8 jobs per thousand held locally. Among the 49 states with published data for this occupation, Massachusetts ranks 1st by median wage. Springfield leads the state's metro areas for this occupation, at $115,420. Set against every other occupation measured in the same area, it ranks 135th of 717 by median pay.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $70,590 | −13.2% |
| 25th | $80,250 | −1.4% |
| Median (50th) | $106,640 | +31.1% |
| 75th | $135,110 | +66.0% |
| 90th | $167,590 | +106.0% |
| Mean | $114,510 | +40.7% |
Highest-paying metro areas in Massachusetts
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Springfield | $115,420 | 130 | |
| 2 | Boston | $106,170 | 2,080 | |
| 3 | Worcester | $98,000 | 310 |
What the pay is worth locally
Prices in Massachusetts run 5.8% above the national average, so the median of $106,640 buys what $100,794 would elsewhere in the country. Measured that way the gap against the national median narrows to 23.9% above the national median in real terms.
Published median
$106,640as reported by BLSLocal price level
105.8US average = 100 · BEA 2024Adjusted for local prices
$100,794US average = 100 · BEA 2024Key takeaways
- Median pay is $106,640 a year, 31.1% above the national median.
- Published pay spans $70,590 to $167,590 between the tenth and ninetieth percentiles.
- The area has 2,890 jobs in this occupation.
- It ranks 1st of 49 states for this occupation.
- The highest-paying metro area covered is Springfield, at $115,420.
Frequently asked questions
What is the median wage for Insurance Underwriters in Massachusetts?
The median annual wage is $106,640, or $51.27 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 Massachusetts is 31.1% 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 Massachusetts earns more than $167,590 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $70,590 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 Springfield, at $115,420 per year.
How many jobs are there in this occupation here?
The survey estimates 2,890 jobs in this occupation in Massachusetts. 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.
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