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Insurance Underwriter Salary in Starkville, MS

How much does a insurance underwriter make in Starkville? Explore median, entry-level, and senior salaries adjusted for Starkville's cost of living.

Median Salary
$63,056
per year in Starkville
Entry Level
$37,833
Starting salary
Senior Level
$85,125
Experienced professionals
Cost of Living
92
8% below national avg

Salary Breakdown by Experience Level

See how insurance underwriter salaries break down across different pay periods in Starkville.

PeriodEntry LevelMedianSenior
Annual$37,833$63,056$85,125
Monthly$3,153$5,255$7,094
Biweekly$1,455$2,425$3,274
Weekly$728$1,213$1,637
Hourly$18$30$41

Starkville vs National Average

How Starkville's insurance underwriter salaries compare to national figures.

Starkville Salary
$63,056
COL Index: 92
National Average
$87,870
COL Index: 100
Difference
-$24,814
Lower in Starkville

Cost of Living in Starkville

1-Bedroom Rent
$1,150
per month
Median Income
$48,234
per year
Population
26,476
residents
Rent % of Income
28.6%
median household
Cost of Living Index: 92 — A score of 100 represents the U.S. average. Salaries in Starkville have been adjusted to account for local cost differences.

About Insurance Underwriter

Overview

Evaluate insurance applications and determine coverage and premiums.

Education

Bachelor's degree in Insurance or related field

Key Skills

Risk AssessmentPolicy AnalysisDecision MakingAttention to Detail

Growth Rate

Expected job growth: +14% over the next decade

Compare Cities: Insurance Underwriter Salary

See Insurance Underwriter salaries in other top cities.

New York, NY
$87,250
+38%
Los Angeles, CA
$93,760
+49%
Chicago, IL
$98,860
+57%
Houston, TX
$76,570
+21%
Phoenix, AZ
$74,080
+17%

Financial Tools to Explore

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Cost of Living Calculator

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Insurance Underwriter Salary in Starkville, MS — Complete Guide

Median Salary Overview

The median salary for a insurance underwriter in Starkville, MS is $63,056 per year, adjusted for the local cost of living index of 92. This figure reflects typical earnings for experienced professionals in this role, considering Starkville's unique economic conditions.

Salary Range and Experience Levels

Entry-level insurance underwriter professionals in Starkville can expect to earn around $37,833 annually. As professionals gain experience, salaries typically increase, with senior-level insurance underwriters earning approximately $85,125 per year. This represents a 125% increase from entry to senior level.

Cost of Living Adjustment

Starkville's cost of living index of 92 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Starkville are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $87,870, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a insurance underwriter's salary in Starkville typically goes toward housing. With a 1-bedroom apartment averaging $1,150 per month, housing represents about 21.9% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Insurance Underwriters are in growing demand across the United States, with an expected job growth of 14% over the next decade. In Starkville, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.