Business & Finance Middletown, DE Pop. 22,350

Insurance Underwriter Salary in Middletown, Delaware

The median insurance underwriter salary in Middletown, DE is $80,196 per year, which is 3.0% above the national median and 2.8% below the Delaware state average.

City Median
$80,196
vs State Avg
$-2,336
vs National
+$2,336
Cost of Living
98%

Insurance Underwriter Salary in Middletown by Experience

In Middletown, an entry-level insurance underwriter earns around $51,500, while experienced professionals earn up to $118,450 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$51,500
+$1,500 vs national
Mid Level (3-7 yrs)
$80,340
+$2,340 vs national
Senior Level (8+ yrs)
$118,450
+$3,450 vs national

Salary Percentiles in Middletown, DE

Percentile Middletown
10th Percentile $50,058
25th Percentile $63,036
Median (50th) $80,196
75th Percentile $103,000
90th Percentile $130,192

Insurance Underwriter Salary in Other Delaware Cities

Wilmington, DE
$85,646
Pop. 70,898
Newark, DE
$83,310
Pop. 33,398
Bear, DE
$80,974
Pop. 21,000
Dover, DE
$78,639
Pop. 39,403

How to Become a Insurance Underwriter in Middletown

Education

Most insurance underwriter positions require a bachelor's degree. Middletown and the surrounding Delaware area have institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Middletown may vary based on local industry and population growth.