SOC 13-2053 · Peoria, IL metro

Insurance Underwriters Salary in Peoria, IL

The average salary for insurance underwriters in Peoria, Illinois is $83,300 a year ($40.05 an hour), according to BLS estimates for May 2025. The median is $75,910: half of the 250 people in this job in the Peoria, IL metro area earn more than that, half earn less. That average is 13% less than the U.S. metro average for this job ($95,210).

$83,300average per year

$40.05 / hourMedian $75,910Take-home ≈ $63,449

  • $52K10th
  • $64K25th
  • $76KMedian
  • $96K75th
  • $124K90th

median average · bar = middle 50% of workers

250people in this job
-13%vs U.S. metro average
#3 of 3Illinois metros
91cost of living (U.S. = 100)
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Insurance Underwriters pay range in Peoria

New workers and the lowest-paid 10% earn about $52,480 a year or less, while the top 10% make $123,900 or more. The middle half of insurance underwriters in Peoria earn between $63,940 and $96,250.

  • $52K10th
  • $64K25th
  • $76KMedian
  • $96K75th
  • $124K90th

median average · bar = middle 50% of workers

Pay levelPer yearPer monthPer hour*
Average$83,300$6,942$40.05
Median$75,910$6,326$36.50
Entry level (25th percentile)$63,940$5,328$30.74
Experienced (75th percentile)$96,250$8,021$46.27

*Hourly figures assume 2,080 paid hours a year.

Insurance Underwriters salary after taxes in Peoria

On the average salary of $83,300, a single filer in Peoria takes home about $63,449 a year, or $5,287 a month and $2,440 every two weeks. Taxes take 24% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).

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Is Peoria a good place for insurance underwriters? Pay vs. cost of living

Prices in the Peoria area are 9% below the U.S. average (BEA price parity 91.2), so the average $83,300 buys what about $91,307 would buy in a typical U.S. metro. This job pays 1.5 times the median wage of all jobs in Peoria ($49,590). A typical home costs $172,742, or 2.1 years of this average salary before tax.

See what $83,300 is worth in another city

Insurance Underwriters salary in other Illinois cities

Peoria ranks 3rd of 3 Illinois metro areas for this job; Chicago pays the most ($106,450).

All Insurance Underwriters salaries in Illinois

Highest-paying cities for insurance underwriters

Bridgeport, CT pays this job the most of the metro areas we cover ($127,970).

Insurance Underwriters salary by city

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Reviewed before it counts. Insurance Underwriters in Peoria, IL.

Insurance Underwriters salary in Peoria: questions

How much do insurance underwriters make an hour in Peoria?

$40.05 an hour on average, and $36.49 at the median (BLS, May 2025).

What is the entry-level insurance underwriters salary in Peoria?

The lowest-paid 10% earn about $52,480 a year and the 25th percentile is $63,940, a fair guide to starting pay.

What is the insurance underwriters take-home pay in Peoria?

About $63,449 a year ($5,287 a month) for a single filer on the average salary of $83,300.

Do insurance underwriters earn more in Peoria than elsewhere?

The average here is 13% less than the U.S. metro average for this job ($95,210).

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 Peoria, IL (37900). Relative standard error of the mean wage: 3.1%.
  • 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 (2025 rules).
  • Job concentration: location quotient 2.26, this job is 2.3 times as concentrated as in the U.S. overall.

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