Insurance Underwriters pay range in Albany
New workers and the lowest-paid 10% earn about $64,760 a year or less, while the top 10% make $149,140 or more. The middle half of insurance underwriters in Albany earn between $77,200 and $119,720.
- $65K10th
- $77K25th
- $93KMedian
- $120K75th
- $149K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $98,990 | $8,249 | $47.59 |
| Median | $92,830 | $7,736 | $44.63 |
| Entry level (25th percentile) | $77,200 | $6,433 | $37.12 |
| Experienced (75th percentile) | $119,720 | $9,977 | $57.56 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Insurance Underwriters pay in Albany vs. New York and the U.S.
Insurance underwriters in Albany earn 10% less than the New York average ($110,210) and 6% more 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 |
|---|---|---|---|---|---|
| Albany | $98,990 | $92,830 | $64,760 | $149,140 | 370 |
| New York | $110,210 | $97,450 | $65,160 | $168,790 | 6,900 |
| 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 Albany
On the average salary of $98,990, a single filer in Albany takes home about $73,578 a year, or $6,132 a month and $2,830 every two weeks. Taxes take 26% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). New York City (up to 3.876%) and Yonkers income taxes are not included.
Is Albany a good place for insurance underwriters? Pay vs. cost of living
Prices in the Albany area are in line with the U.S. average (BEA price parity 99.6), so the average $98,990 buys what about $99,421 would buy in a typical U.S. metro. This job pays 1.6 times the median wage of all jobs in Albany ($58,460). A typical home costs $370,533, or 3.7 years of this average salary before tax.
Insurance Underwriters salary in other New York cities
Albany ranks 3rd of 6 New York metro areas for this job; New York pays the most ($111,900).
- New York$111,900
- Rochester$104,740
- Albany$98,990
- Buffalo$98,050
- Kiryas Joel$97,090
- Syracuse$95,530
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 Albany: questions
How much do insurance underwriters make an hour in Albany?
$47.59 an hour on average, and $44.63 at the median (BLS, May 2025).
What is the entry-level insurance underwriters salary in Albany?
The lowest-paid 10% earn about $64,760 a year and the 25th percentile is $77,200, a fair guide to starting pay.
What is the insurance underwriters take-home pay in Albany?
About $73,578 a year ($6,132 a month) for a single filer on the average salary of $98,990. New York City (up to 3.876%) and Yonkers income taxes are not included.
Do insurance underwriters earn more in Albany than elsewhere?
The average here is 6% more 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 Albany-Schenectady-Troy, NY (10580). Relative standard error of the mean wage: 3.5%.
- 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 (2025 rules). New York City (up to 3.876%) and Yonkers income taxes are not included.
- Job concentration: location quotient 1.23, this job is about as common as in the U.S. overall.
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