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 level | Per year | Per month | Per 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).
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.
Insurance Underwriters salary in other Illinois cities
Peoria ranks 3rd of 3 Illinois metro areas for this job; Chicago pays the most ($106,450).
- Chicago$106,450
- Springfield$84,920
- Peoria$83,300
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 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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