Insurance Underwriters pay range in Boston
New workers and the lowest-paid 10% earn about $74,230 a year or less, while the top 10% make $169,360 or more. The middle half of insurance underwriters in Boston earn between $81,100 and $135,360.
- $74K10th
- $81K25th
- $106KMedian
- $135K75th
- $169K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $115,600 | $9,633 | $55.58 |
| Median | $106,170 | $8,848 | $51.04 |
| Entry level (25th percentile) | $81,100 | $6,758 | $38.99 |
| Experienced (75th percentile) | $135,360 | $11,280 | $65.08 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Insurance Underwriters pay in Boston vs. Massachusetts and the U.S.
Insurance underwriters in Boston earn about the same as the Massachusetts average ($114,510) and 23% more than the U.S. average ($93,700). At the median the gap is +30% against the U.S. median of $81,370.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Boston | $115,600 | $106,170 | $74,230 | $169,360 | 2,080 |
| Massachusetts | $114,510 | $106,640 | $70,590 | $167,590 | 2,890 |
| 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 Boston
On the average salary of $115,600, a single filer in Boston takes home about $84,695 a year, or $7,058 a month and $3,257 every two weeks. Taxes take 27% of gross pay.
The Boston-Cambridge-Newton, MA-NH metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in NH | $90,155 | $7,513 |
| Working in MA | $84,695 | $7,058 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Massachusetts Paid Family and Medical Leave premiums are not included.
Is Boston a good place for insurance underwriters? Pay vs. cost of living
Prices in the Boston area are 8% above the U.S. average (BEA price parity 108.3), so the average $115,600 buys what about $106,774 would buy in a typical U.S. metro. This job pays 1.6 times the median wage of all jobs in Boston ($66,620). A typical home costs $741,868, or 6.4 years of this average salary before tax.
Insurance Underwriters salary in other Massachusetts cities
Boston ranks 1st of 3 Massachusetts metro areas for this job, the best-paid in the state.
- Boston$115,600
- Springfield$108,170
- Worcester$102,310
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 Boston: questions
How much do insurance underwriters make an hour in Boston?
$55.58 an hour on average, and $51.04 at the median (BLS, May 2025).
What is the entry-level insurance underwriters salary in Boston?
The lowest-paid 10% earn about $74,230 a year and the 25th percentile is $81,100, a fair guide to starting pay.
What is the insurance underwriters take-home pay in Boston?
About $84,695 a year ($7,058 a month) for a single filer on the average salary of $115,600. Massachusetts Paid Family and Medical Leave premiums are not included.
Do insurance underwriters earn more in Boston 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 Boston-Cambridge-Newton, MA-NH (14460). Relative standard error of the mean wage: 4.6%.
- 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). Massachusetts Paid Family and Medical Leave premiums are not included.
- Job concentration: location quotient 1.13, this job is about as common as in the U.S. overall.
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