Insurance Underwriters pay range in Sioux Falls
New workers and the lowest-paid 10% earn about $60,430 a year or less, while the top 10% make $169,290 or more. The middle half of insurance underwriters in Sioux Falls earn between $61,150 and $108,250.
- $60K10th
- $61K25th
- $77KMedian
- $108K75th
- $169K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $99,740 | $8,312 | $47.95 |
| Median | $77,160 | $6,430 | $37.10 |
| Entry level (25th percentile) | $61,150 | $5,096 | $29.40 |
| Experienced (75th percentile) | $108,250 | $9,021 | $52.04 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Insurance Underwriters pay in Sioux Falls vs. South Dakota and the U.S.
Insurance underwriters in Sioux Falls earn about the same as the South Dakota average ($99,910) and 6% more than the U.S. average ($93,700). At the median the gap is -5% against the U.S. median of $81,370.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Sioux Falls | $99,740 | $77,160 | $60,430 | $169,290 | 150 |
| South Dakota | $99,910 | $83,130 | $58,980 | $152,720 | 210 |
| 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 Sioux Falls
On the average salary of $99,740, a single filer in Sioux Falls takes home about $78,997 a year, or $6,583 a month and $3,038 every two weeks. Taxes take 21% of gross pay.
The Sioux Falls, SD-MN metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in SD | $78,997 | $6,583 |
| Working in MN | $73,738 | $6,145 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Sioux Falls a good place for insurance underwriters? Pay vs. cost of living
Prices in the Sioux Falls area are 9% below the U.S. average (BEA price parity 90.6), so the average $99,740 buys what about $110,051 would buy in a typical U.S. metro. This job pays 1.6 times the median wage of all jobs in Sioux Falls ($47,970). A typical home costs $342,936, or 3.4 years of this average salary before tax.
Insurance Underwriters salary in nearby metro areas
- Sioux City, IA$75,680
- Omaha, NE$74,670
- Lincoln, NE$81,940
- Des Moines, IA$91,160
- Minneapolis, MN$97,900
- Fargo, ND$81,200
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 Sioux Falls: questions
How much do insurance underwriters make an hour in Sioux Falls?
$47.95 an hour on average, and $37.10 at the median (BLS, May 2025).
What is the entry-level insurance underwriters salary in Sioux Falls?
The lowest-paid 10% earn about $60,430 a year and the 25th percentile is $61,150, a fair guide to starting pay.
What is the insurance underwriters take-home pay in Sioux Falls?
About $78,997 a year ($6,583 a month) for a single filer on the average salary of $99,740. South Dakota has no state income tax.
Do insurance underwriters earn more in Sioux Falls than elsewhere?
The average here is 6% 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 Sioux Falls, SD-MN (43620). Relative standard error of the mean wage: 8.5%.
- 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 no state income tax.
- Job concentration: location quotient 1.23, this job is about as common as in the U.S. overall.
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