Business & Finance Idaho (ID) Rank #28 of 50

Insurance Underwriter Salary in Idaho

The median insurance underwriter salary in Idaho is $73,188 per year, which is 6% below the national median of $77,860.

Median Salary
$73,188
vs National
$-4,672
State Rank
#28 of 50
Cost of Living
94%

Insurance Underwriter Salary Overview in Idaho (2026)

Idaho ranks #28 out of 50 states for insurance underwriter compensation. Insurance Underwriter salaries in Idaho are below the national median, though the lower cost of living can offset the difference. At $73,188 per year, insurance underwriters in Idaho earn $4,672 less than the national median of $77,860.

A key advantage of working in Idaho is its below-average cost of living (94% of the national index). This means the $73,188 salary has the purchasing power of roughly $77,860 in an average-cost area.

The salary spread in Idaho is significant: insurance underwriters at the 10th percentile earn $45,684, while those at the 90th percentile bring home $118,816 — a $73,132 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Idaho for this role is Boise, where the median reaches $77,860.

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Despite slower growth nationally, experienced insurance underwriters with in-demand specializations continue to command strong salaries.

Insurance Underwriter Salary in Idaho by Experience

In Idaho, an entry-level insurance underwriter earns around $47,000, while experienced professionals earn up to $108,100 per year. The cost of living index in Idaho is 94% of the national average.

Entry Level (0-2 yrs)
$47,000
$-3,000 vs national
Mid Level (3-7 yrs)
$73,320
$-4,680 vs national
Senior Level (8+ yrs)
$108,100
$-6,900 vs national

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Salary Percentiles in Idaho

Percentile ID Salary
10th Percentile $45,684
25th Percentile $57,528
Median (50th) $73,188
75th Percentile $94,000
90th Percentile $118,816

Insurance Underwriter Salary by City in Idaho

The largest employment areas for insurance underwriters in Idaho include Boise, Meridian, Nampa, and Idaho Falls. Salaries vary by city based on local cost of living and demand.

How to Become a Insurance Underwriter in Idaho

Education

Most insurance underwriter positions require a bachelor's degree. Idaho has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Idaho

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Idaho's demand may vary based on local industry trends.

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Frequently Asked Questions: Insurance Underwriter Salary in Idaho

How much does a Insurance Underwriter make in Idaho? ▼
The median insurance underwriter salary in Idaho is $73,188 per year, which is 6% below the national median of $77,860. Salaries range from $45,684 (10th percentile) to $118,816 (90th percentile).
How much does a Insurance Underwriter make per hour in Idaho? ▼
Based on the median annual salary of $73,188, a insurance underwriter in Idaho earns approximately $35 per hour assuming a standard 2,080-hour work year.
Is Idaho a good state for insurance underwriters? ▼
Idaho ranks #28 out of 50 states for insurance underwriter pay. The cost of living index is 94% of the national average. Entry-level insurance underwriters earn $47,000, while senior professionals earn $108,100.
How does Idaho compare to other states for insurance underwriter salary? ▼
The highest paying state for insurance underwriters is Hawaii at $132,362. Idaho's median of $73,188 ranks #28 nationally. Nearby-ranked states include Montana ($73,967) and North Carolina ($73,967).
What is the entry-level insurance underwriter salary in Idaho? ▼
An entry-level insurance underwriter in Idaho earns approximately $47,000 per year. With 3-7 years of experience, pay increases to around $73,320. Senior-level professionals with 8+ years earn up to $108,100.
What city in Idaho pays insurance underwriters the most? ▼
Boise is the highest paying city in Idaho for insurance underwriters, with a median salary of $77,860. Other cities include Meridian and Nampa.