Insurance Underwriters pay range in Springfield
New workers and the lowest-paid 10% earn about $47,950 a year or less, while the top 10% make $145,930 or more. The middle half of insurance underwriters in Springfield earn between $58,820 and $98,290.
- $48K10th
- $59K25th
- $75KMedian
- $98K75th
- $146K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $84,920 | $7,077 | $40.83 |
| Median | $74,680 | $6,223 | $35.90 |
| Entry level (25th percentile) | $58,820 | $4,902 | $28.28 |
| Experienced (75th percentile) | $98,290 | $8,191 | $47.25 |
*Hourly figures assume 2,080 paid hours a year.
Insurance Underwriters salary after taxes in Springfield
On the average salary of $84,920, a single filer in Springfield takes home about $64,509 a year, or $5,376 a month and $2,481 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 Springfield a good place for insurance underwriters? Pay vs. cost of living
Prices in the Springfield area are 7% below the U.S. average (BEA price parity 92.7), so the average $84,920 buys what about $91,563 would buy in a typical U.S. metro. This job pays 1.4 times the median wage of all jobs in Springfield ($52,670). A typical home costs $200,409, or 2.4 years of this average salary before tax.
Insurance Underwriters salary in other Illinois cities
Springfield ranks 2nd of 3 Illinois metro areas for this job; Chicago pays the most ($106,450).
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 Springfield: questions
How much do insurance underwriters make an hour in Springfield?
$40.83 an hour on average, and $35.91 at the median (BLS, May 2025).
What is the entry-level insurance underwriters salary in Springfield?
The lowest-paid 10% earn about $47,950 a year and the 25th percentile is $58,820, a fair guide to starting pay.
What is the insurance underwriters take-home pay in Springfield?
About $64,509 a year ($5,376 a month) for a single filer on the average salary of $84,920.
Do insurance underwriters earn more in Springfield than elsewhere?
The average here is 11% 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 Springfield, IL (44100). Relative standard error of the mean wage: 5.4%.
- 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 1.01, this job is about as common as in the U.S. overall.
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