Insurance Underwriter Salary in Cedar Rapids, Iowa
The median insurance underwriter salary in Cedar Rapids, IA is $68,517 per year, which is 12% below the national median and 1.1% below the Iowa state average.
Insurance Underwriter Pay in Cedar Rapids: What to Expect (2026)
Cedar Rapids offers a median insurance underwriter salary of $68,517, which is $778 below the Iowa state average of $69,295. Compared to the national median of $77,860, Cedar Rapids pays below the national benchmark for this role.
One of Cedar Rapids's biggest advantages is its low cost of living at 88% of the national average. This means the $68,517 salary stretches further here — equivalent to roughly $77,860 in an average-cost city. This makes Cedar Rapids an attractive option for insurance underwriters seeking strong real-dollar compensation.
The salary range for insurance underwriters in Cedar Rapids spans from $42,768 at the 10th percentile to $111,232 at the 90th percentile — a $68,464 spread. Entry-level professionals start around $44,000, while senior insurance underwriters with 8+ years of experience can earn up to $101,200. With a population of 137,710, Cedar Rapids is a mid-sized metro with a growing job market.
Insurance Underwriter Salary in Cedar Rapids by Experience
In Cedar Rapids, an entry-level insurance underwriter earns around $44,000, while experienced professionals earn up to $101,200 per year. The local cost of living index is 88% of the national average.
Salary Percentiles in Cedar Rapids, IA
| Percentile | Cedar Rapids |
|---|---|
| 10th Percentile | $42,768 |
| 25th Percentile | $53,856 |
| Median (50th) | $68,517 |
| 75th Percentile | $88,000 |
| 90th Percentile | $111,232 |
Insurance Underwriter Salary in Other Iowa Cities
How to Become a Insurance Underwriter in Cedar Rapids
Education
Most insurance underwriter positions require a bachelor's degree. Cedar Rapids and the surrounding Iowa area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Cedar Rapids may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Cedar Rapids
Browse open insurance underwriter positions in Cedar Rapids, IA: