Home / City Job Salaries / Insurance Underwriter in Sugar Land

Insurance Underwriter Salary in Sugar Land, TX

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

Median Salary
$76,570
per year in Sugar Land
Entry Level
$45,942
Starting salary
Senior Level
$103,370
Experienced professionals
Cost of Living
113
13% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$45,942$76,570$103,370
Monthly$3,829$6,381$8,614
Biweekly$1,767$2,945$3,976
Weekly$884$1,473$1,988
Hourly$22$37$50

Sugar Land vs National Average

How Sugar Land's insurance underwriter salaries compare to national figures.

Sugar Land Salary
$76,570
COL Index: 113
National Average
$87,870
COL Index: 100
Difference
-$11,300
Lower in Sugar Land

Cost of Living in Sugar Land

1-Bedroom Rent
$1,700
per month
Median Income
$70,456
per year
Population
118,751
residents
Rent % of Income
29.0%
median household
Cost of Living Index: 113 — A score of 100 represents the U.S. average. Salaries in Sugar Land 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
+14%
Los Angeles, CA
$93,760
+22%
Chicago, IL
$98,860
+29%
Houston, TX
$76,570
0%
Phoenix, AZ
$74,080
-3%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a insurance underwriter salary in Sugar Land.

Salary Breakdown Calculator

See exactly how your salary breaks down into taxes and take-home pay.

Cost of Living Calculator

Understand your expenses and purchasing power in Sugar Land.

Budget Calculator

Create a personalized budget based on your income and expenses.

Rent vs Buy Calculator

Compare the true costs of renting versus buying in Sugar Land.

Insurance Underwriter Salary in Sugar Land, TX — Complete Guide

Median Salary Overview

The median salary for a insurance underwriter in Sugar Land, TX is $76,570 per year, adjusted for the local cost of living index of 113. This figure reflects typical earnings for experienced professionals in this role, considering Sugar Land's unique economic conditions.

Salary Range and Experience Levels

Entry-level insurance underwriter professionals in Sugar Land can expect to earn around $45,942 annually. As professionals gain experience, salaries typically increase, with senior-level insurance underwriters earning approximately $103,370 per year. This represents a 125% increase from entry to senior level.

Cost of Living Adjustment

Sugar Land's cost of living index of 113 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Sugar Land 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 Sugar Land typically goes toward housing. With a 1-bedroom apartment averaging $1,700 per month, housing represents about 26.6% 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 Sugar Land, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. 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.