Insurance Underwriters Salary in Colorado

Insurance underwriters in Colorado earn the most in Denver (average $115,260 a year) and the least in Colorado Springs ($104,410), across the 2 Colorado metro areas we cover. Statewide, BLS puts the insurance underwriters average at $111,330 and the median at $100,640 for 2,040 workers. The U.S. average for this job is $93,700.

Insurance Underwriters average salary by city in Colorado

Denver$115,260
Colorado Springs$104,410

Pay, take-home pay and cost of living

City	Average	Median	25th pct.	Take-home*	Cost of living
Denver	$115,260	$101,840	$80,990	$85,552	106
Colorado Springs	$104,410	$93,960	$70,730	$78,397	101

*Average salary after federal and state taxes for a single filer; Colorado's FAMLI premium and the flat monthly occupational privilege taxes of Denver, Aurora and a few other cities are not included. Cost of living: BEA price parity, U.S. = 100.

Insurance Underwriters salary in other states

Insurance Underwriters salary by city and state

More about pay in Colorado

Sources and how to read this page

Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2053.
U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.

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