Insurance Underwriters pay range in Milwaukee
New workers and the lowest-paid 10% earn about $64,150 a year or less, while the top 10% make $134,090 or more. The middle half of insurance underwriters in Milwaukee earn between $77,770 and $134,090.
- $64K10th
- $78K25th
- $107KMedian
- $134K75th
- $134K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $105,930 | $8,828 | $50.93 |
| Median | $106,570 | $8,881 | $51.24 |
| Entry level (25th percentile) | $77,770 | $6,481 | $37.39 |
| Experienced (75th percentile) | $134,090 | $11,174 | $64.47 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Insurance Underwriters pay in Milwaukee vs. Wisconsin and the U.S.
Insurance underwriters in Milwaukee earn 11% more than the Wisconsin average ($95,410) and 13% more than the U.S. average ($93,700). At the median the gap is +31% against the U.S. median of $81,370.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Milwaukee | $105,930 | $106,570 | $64,150 | $134,090 | 950 |
| Wisconsin | $95,410 | $97,370 | $61,410 | $134,090 | 3,110 |
| 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 Milwaukee
On the average salary of $105,930, a single filer in Milwaukee takes home about $78,572 a year, or $6,548 a month and $3,022 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).
Is Milwaukee a good place for insurance underwriters? Pay vs. cost of living
Prices in the Milwaukee area are 3% below the U.S. average (BEA price parity 96.9), so the average $105,930 buys what about $109,277 would buy in a typical U.S. metro. This job pays 2.1 times the median wage of all jobs in Milwaukee ($51,160). A typical home costs $390,238, or 3.7 years of this average salary before tax.
Insurance Underwriters salary in other Wisconsin cities
Milwaukee ranks 1st of 4 Wisconsin metro areas for this job, the best-paid in the state.
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 Milwaukee: questions
How much do insurance underwriters make an hour in Milwaukee?
$50.93 an hour on average, and $51.24 at the median (BLS, May 2025).
What is the entry-level insurance underwriters salary in Milwaukee?
The lowest-paid 10% earn about $64,150 a year and the 25th percentile is $77,770, a fair guide to starting pay.
What is the insurance underwriters take-home pay in Milwaukee?
About $78,572 a year ($6,548 a month) for a single filer on the average salary of $105,930.
Do insurance underwriters earn more in Milwaukee than elsewhere?
The average here is 13% 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 Milwaukee-Waukesha, WI (33340). Relative standard error of the mean wage: 4.1%.
- 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).
- Job concentration: location quotient 1.70, this job is 1.7 times as concentrated as in the U.S. overall.
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