How much does an insurance underwriter make in Minnesota?
$80,700a year
Median yearly pay for insurance underwriters in Minnesota. That is $38.80 an hour or $6,725 a month.
- Hourly
- $38.80
- Vs. national median
- -1%
- Rank among states
- 21 of 49
- Jobs in the state
- 2,550
Pay range
Lowest 10%: $60,350Median: $80,700Highest 10%: $138,700
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $60,350 | $29.01 | |
| 25th | $73,330 | $35.25 | |
| Median | $80,700 | $38.80 | |
| 75th | $125,000 | $60.09 | |
| 90th | $138,700 | $66.69 |
Cities in Minnesota
Metro areas, median yearly pay.
| Minneapolis, MN | $82,980 |
| Sioux Falls, SD | $77,160 |
| Fargo, ND | $74,130 |
Nearby in the ranking
States with similar pay for insurance underwriters.
| 18. District of Columbia | $82,070 |
| 19. Virginia | $81,870 |
| 20. Alaska | $81,620 |
| 21. Minnesota | $80,700 |
| 22. Missouri | $80,040 |
| 23. Kentucky | $79,830 |
| 24. South Carolina | $79,570 |
Frequently asked questions
How much does an insurance underwriter make an hour in Minnesota?
The median hourly pay in Minnesota is $38.80 ($80,700 a year).
Do insurance underwriters make more in Minnesota than the national average?
No: $80,700 against $81,370 nationally, 1% less.
Where does Minnesota rank for insurance underwriter pay?
Minnesota ranks 21 of 49 states.
Which city in Minnesota pays insurance underwriters the most?
Minneapolis-St. Paul-Bloomington, MN-WI, with a median of $82,980 a year.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.