Insurance Underwriter Salary in Mitchell, South Dakota
The median insurance underwriter salary in Mitchell, SD is $63,845 per year, which is 18% below the national median and 6.8% below the South Dakota state average.
Insurance Underwriter Pay in Mitchell: What to Expect (2026)
Mitchell offers a median insurance underwriter salary of $63,845, which is $4,672 below the South Dakota state average of $68,517. Compared to the national median of $77,860, Mitchell pays below the national benchmark for this role.
One of Mitchell'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 Mitchell an attractive option for insurance underwriters seeking strong real-dollar compensation.
The salary range for insurance underwriters in Mitchell 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. Mitchell is a smaller market (pop. 15,660), which may mean fewer openings but also less competition for available positions.
Insurance Underwriter Salary in Mitchell by Experience
In Mitchell, 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 Mitchell, SD
| Percentile | Mitchell |
|---|---|
| 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 South Dakota Cities
How to Become a Insurance Underwriter in Mitchell
Education
Most insurance underwriter positions require a bachelor's degree. Mitchell and the surrounding South Dakota 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 Mitchell may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Mitchell
Browse open insurance underwriter positions in Mitchell, SD: