Insurance Underwriters pay range in Albuquerque
New workers and the lowest-paid 10% earn about $47,980 a year or less, while the top 10% make $106,820 or more. The middle half of insurance underwriters in Albuquerque earn between $48,450 and $104,510.
- $48K10th
- $48K25th
- $70KMedian
- $105K75th
- $107K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $75,060 | $6,255 | $36.09 |
| Median | $70,150 | $5,846 | $33.73 |
| Entry level (25th percentile) | $48,450 | $4,038 | $23.29 |
| Experienced (75th percentile) | $104,510 | $8,709 | $50.25 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Insurance Underwriters pay in Albuquerque vs. New Mexico and the U.S.
Insurance underwriters in Albuquerque earn 4% more than the New Mexico average ($71,970) and 20% less than 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 |
|---|---|---|---|---|---|
| Albuquerque | $75,060 | $70,150 | $47,980 | $106,820 | 60 |
| New Mexico | $71,970 | $64,000 | $47,170 | $106,680 | 100 |
| 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 Albuquerque
On the average salary of $75,060, a single filer in Albuquerque takes home about $59,273 a year, or $4,939 a month and $2,280 every two weeks. Taxes take 21% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Albuquerque a good place for insurance underwriters? Pay vs. cost of living
Prices in the Albuquerque area are 4% below the U.S. average (BEA price parity 95.5), so the average $75,060 buys what about $78,559 would buy in a typical U.S. metro. This job pays 1.5 times the median wage of all jobs in Albuquerque ($48,060). A typical home costs $352,894, or 4.7 years of this average salary before tax.
Insurance Underwriters salary in nearby metro areas
- Colorado Springs, CO$104,410
- Denver, CO$115,260
- Phoenix, AZ$86,030
- Tucson, AZ$86,470
- Provo, UT$84,550
- Las Vegas, NV$96,780
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 Albuquerque: questions
How much do insurance underwriters make an hour in Albuquerque?
$36.09 an hour on average, and $33.73 at the median (BLS, May 2025).
What is the entry-level insurance underwriters salary in Albuquerque?
The lowest-paid 10% earn about $47,980 a year and the 25th percentile is $48,450, a fair guide to starting pay.
What is the insurance underwriters take-home pay in Albuquerque?
About $59,273 a year ($4,939 a month) for a single filer on the average salary of $75,060.
Do insurance underwriters earn more in Albuquerque than elsewhere?
The average here is 20% less 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 Albuquerque, NM (10740). Relative standard error of the mean wage: 8.9%.
- 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 0.22, this job is less common than in the U.S. overall (location quotient 0.22).
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