New Mexico ranks 46th of 50 states and D.C. for insurance underwriters pay, trailing top-paying Vermont ($106,790) by $44,400 — a 71% gap.
The 10th-to-90th percentile range runs from $46,620 to $105,630 — a $59,010 spread, 32% tighter than the national $86,380 range.
Insurance Underwriters are less concentrated in New Mexico than the U.S. average — a location quotient of 0.22 means the occupation's share of local jobs is 4.55× below the national share.
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $46,620 | $22.42 |
| 25th percentile | $47,520 | $22.85 |
| 50th percentile (median) | $62,390 | $30.00 |
| 75th percentile | $99,020 | $47.60 |
| 90th percentile (top earners) | $105,630 | $50.78 |
| Mean (average) | $70,750 | $34.01 |
How New Mexico Compares
| State | Median Annual | vs. New Mexico |
|---|---|---|
| New Mexico (current) | $62,390 | n/a |
| Vermont | $106,790 | +71% |
| District of Columbia | $100,660 | +61% |
| Colorado | $100,050 | +60% |
| Massachusetts | $100,050 | +60% |
| Maine | $96,600 | +55% |
| New Hampshire | $96,100 | +54% |
| Connecticut | $95,460 | +53% |
| Washington | $95,310 | +53% |
Showing top-paying states with available data. View all states →
Related Occupations in New Mexico
| Occupation | Median Annual | Employment |
|---|---|---|
| Education Teachers, Postsecondary | $62,460 | 320 |
| Construction and Building Inspectors | $62,470 | 610 |
| Telecommunications Line Installers and Repairers | $62,210 | 390 |
| Chemical Technicians | $62,610 | 100 |
| Food Service Managers | $62,860 | 1,620 |
| First-Line Supervisors of Production and Operating Workers | $61,740 | 2,630 |
Frequently Asked Questions
What is the average Insurance Underwriters salary in New Mexico?
The mean insurance underwriters salary in New Mexico is $70,750 per year. The median (middle) salary is $62,390 per year.
What is the starting salary for a Insurance Underwriters in New Mexico?
Entry-level insurance underwriterss (10th percentile) in New Mexico typically earn around $46,620 per year. Workers at the 25th percentile earn approximately $47,520 per year.
What is the highest Insurance Underwriters salary in New Mexico?
Top earners (90th percentile) in this occupation in New Mexico make approximately $105,630 per year. Those in the 75th percentile earn around $99,020 per year.
How does the New Mexico Insurance Underwriters salary compare to the national average?
The median insurance underwriters salary in New Mexico is $62,390, which is -22% below national average of $79,880.