Insurance Underwriters pay range in Portland
New workers and the lowest-paid 10% earn about $62,730 a year or less, while the top 10% make $134,490 or more. The middle half of insurance underwriters in Portland earn between $64,110 and $103,650.
- $63K10th
- $64K25th
- $92KMedian
- $104K75th
- $134K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $94,050 | $7,838 | $45.22 |
| Median | $92,490 | $7,708 | $44.47 |
| Entry level (25th percentile) | $64,110 | $5,342 | $30.82 |
| Experienced (75th percentile) | $103,650 | $8,638 | $49.83 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Insurance Underwriters pay in Portland vs. Maine and the U.S.
Insurance underwriters in Portland earn about the same as the Maine average ($94,640) and about the same as the U.S. average ($93,700). At the median the gap is +14% against the U.S. median of $81,370.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Portland | $94,050 | $92,490 | $62,730 | $134,490 | 330 |
| Maine | $94,640 | $95,510 | $62,730 | $133,390 | 520 |
| 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 Portland
On the average salary of $94,050, a single filer in Portland takes home about $70,291 a year, or $5,858 a month and $2,703 every two weeks. Taxes take 25% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Maine's standard deduction phase-out above $102,250 of income is not modelled.
Is Portland a good place for insurance underwriters? Pay vs. cost of living
Prices in the Portland area are 2% above the U.S. average (BEA price parity 101.9), so the average $94,050 buys what about $92,334 would buy in a typical U.S. metro. This job pays 1.6 times the median wage of all jobs in Portland ($56,960). A typical home costs $542,063, or 5.8 years of this average salary before tax.
Insurance Underwriters salary in nearby metro areas
- Manchester, NH$112,530
- Boston, MA$115,600
- Worcester, MA$102,310
- Providence, RI$96,980
- Springfield, MA$108,170
- Hartford, CT$105,280
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 Portland: questions
How much do insurance underwriters make an hour in Portland?
$45.22 an hour on average, and $44.46 at the median (BLS, May 2025).
What is the entry-level insurance underwriters salary in Portland?
The lowest-paid 10% earn about $62,730 a year and the 25th percentile is $64,110, a fair guide to starting pay.
What is the insurance underwriters take-home pay in Portland?
About $70,291 a year ($5,858 a month) for a single filer on the average salary of $94,050. Maine's standard deduction phase-out above $102,250 of income is not modelled.
Do insurance underwriters earn more in Portland than elsewhere?
The average here is about the same as 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 Portland-South Portland, ME (38860). Relative standard error of the mean wage: 3.8%.
- 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). Maine's standard deduction phase-out above $102,250 of income is not modelled.
- Job concentration: location quotient 1.70, this job is 1.7 times as concentrated as in the U.S. overall.
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