Insurance Underwriters pay range in Denver
New workers and the lowest-paid 10% earn about $72,600 a year or less, while the top 10% make $171,060 or more. The middle half of insurance underwriters in Denver earn between $80,990 and $137,700.
- $73K10th
- $81K25th
- $102KMedian
- $138K75th
- $171K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $115,260 | $9,605 | $55.41 |
| Median | $101,840 | $8,487 | $48.96 |
| Entry level (25th percentile) | $80,990 | $6,749 | $38.94 |
| Experienced (75th percentile) | $137,700 | $11,475 | $66.20 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Insurance Underwriters pay in Denver vs. Colorado and the U.S.
Insurance underwriters in Denver earn 4% more than the Colorado average ($111,330) and 23% more than the U.S. average ($93,700). At the median the gap is +25% against the U.S. median of $81,370.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Denver | $115,260 | $101,840 | $72,600 | $171,060 | 1,540 |
| Colorado | $111,330 | $100,640 | $67,390 | $167,680 | 2,040 |
| United States | $93,700 | $81,370 | $55,530 | $145,160 | 105,420 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Insurance Underwriters salary after taxes in Denver
On the average salary of $115,260, a single filer in Denver takes home about $85,552 a year, or $7,129 a month and $3,290 every two weeks. Taxes take 26% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Colorado's FAMLI premium and the flat monthly occupational privilege taxes of Denver, Aurora and a few other cities are not included.
Is Denver a good place for insurance underwriters? Pay vs. cost of living
Prices in the Denver area are 6% above the U.S. average (BEA price parity 105.8), so the average $115,260 buys what about $108,960 would buy in a typical U.S. metro. This job pays 1.6 times the median wage of all jobs in Denver ($62,320). A typical home costs $573,221, or 5.0 years of this average salary before tax.
Insurance Underwriters salary in other Colorado cities
Denver ranks 1st of 2 Colorado metro areas for this job, the best-paid in the state.
- Denver$115,260
- Colorado Springs$104,410
Highest-paying cities for insurance underwriters
Bridgeport, CT pays this job the most of the metro areas we cover ($127,970).
- Bridgeport, CT$127,970
- Boston, MA$115,600
- Denver, CO$115,260
- Seattle, WA$114,200
- Manchester, NH$112,530
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Insurance Underwriters salary in Denver: questions
How much do insurance underwriters make an hour in Denver?
$55.42 an hour on average, and $48.96 at the median (BLS, May 2025).
What is the entry-level insurance underwriters salary in Denver?
The lowest-paid 10% earn about $72,600 a year and the 25th percentile is $80,990, a fair guide to starting pay.
What is the insurance underwriters take-home pay in Denver?
About $85,552 a year ($7,129 a month) for a single filer on the average salary of $115,260. Colorado's FAMLI premium and the flat monthly occupational privilege taxes of Denver, Aurora and a few other cities are not included.
Do insurance underwriters earn more in Denver than elsewhere?
The average here is 23% more than the U.S. average for this job ($93,700).
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; area Denver-Aurora-Centennial, CO (19740). Relative standard error of the mean wage: 3.3%.
- 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.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Colorado's FAMLI premium and the flat monthly occupational privilege taxes of Denver, Aurora and a few other cities are not included.
- Job concentration: location quotient 1.42, this job is 1.4 times as concentrated as in the U.S. overall.
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