Business & Finance Michigan (MI) Rank #36 of 50

Insurance Underwriter Salary in Michigan

The median insurance underwriter salary in Michigan is $70,074 per year, which is 10% below the national median of $77,860.

Median Salary

$70,074

vs National

$-7,786

State Rank

#36 of 50

Cost of Living

90%

Insurance Underwriter Salary in Michigan by Experience

In Michigan, an entry-level insurance underwriter earns around $45,000, while experienced professionals earn up to $103,500 per year. The cost of living index in Michigan is 90% of the national average.

Entry Level (0-2 yrs)

$45,000

$-5,000 vs national

Mid Level (3-7 yrs)

$70,200

$-7,800 vs national

Senior Level (8+ yrs)

$103,500

$-11,500 vs national

Salary Percentiles in Michigan

Percentile	MI Salary	National	Difference
10th Percentile	$43,740	$48,600	$-4,860
25th Percentile	$55,080	$61,200	$-6,120
Median (50th)	$70,074	$77,860	$-7,786
75th Percentile	$90,000	$100,000	$-10,000
90th Percentile	$113,760	$126,400	$-12,640

Major Cities for Insurance Underwriters in Michigan

The largest employment areas for insurance underwriters in Michigan include Detroit, Grand Rapids, Ann Arbor, and Warren. Salaries in major metro areas may be higher due to increased demand and cost of living.

Detroit, MI