Insurance Underwriter Salary in Owensboro, Kentucky
The median insurance underwriter salary in Owensboro, KY is $63,845 per year, which is 18% below the national median and 5.7% below the Kentucky state average.
Insurance Underwriter Pay in Owensboro: What to Expect (2026)
Owensboro offers a median insurance underwriter salary of $63,845, which is $3,893 below the Kentucky state average of $67,738. Compared to the national median of $77,860, Owensboro pays below the national benchmark for this role.
One of Owensboro's biggest advantages is its low cost of living at 82% of the national average. This means the $63,845 salary stretches further here — equivalent to roughly $77,860 in an average-cost city. This makes Owensboro an attractive option for insurance underwriters seeking strong real-dollar compensation.
The salary range for insurance underwriters in Owensboro spans from $39,852 at the 10th percentile to $103,648 at the 90th percentile — a $63,796 spread. Entry-level professionals start around $41,000, while senior insurance underwriters with 8+ years of experience can earn up to $94,300. Owensboro is a smaller market (pop. 60,183), which may mean fewer openings but also less competition for available positions.
Insurance Underwriter Salary in Owensboro by Experience
In Owensboro, an entry-level insurance underwriter earns around $41,000, while experienced professionals earn up to $94,300 per year. The local cost of living index is 82% of the national average.
Salary Percentiles in Owensboro, KY
| Percentile | Owensboro |
|---|---|
| 10th Percentile | $39,852 |
| 25th Percentile | $50,184 |
| Median (50th) | $63,845 |
| 75th Percentile | $82,000 |
| 90th Percentile | $103,648 |
Insurance Underwriter Salary in Other Kentucky Cities
How to Become a Insurance Underwriter in Owensboro
Education
Most insurance underwriter positions require a bachelor's degree. Owensboro and the surrounding Kentucky 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 Owensboro may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Owensboro
Browse open insurance underwriter positions in Owensboro, KY: