Evaluate insurance applications and determine coverage terms and premiums. Median salary in Plano: $87K/year. Data from BLS, O*NET, and H-1B disclosures.
Figures represent annual base salary in Plano, Texas. Reviewed by SalaryOptics Editorial · How we calculate this →
Analysis derived from the salary, COL, tax, and labor-market figures above — specific to this role and city.
Insurance Underwriters in Plano earn approximately 12% higher than the US national median for this role — a $9,000 premium on annual base salary. This reflects Plano's position as a higher-cost labor market where employers must match local wage norms.
Adjusted for Plano's cost-of-living index (105), the median Insurance Underwriter salary buys the equivalent of $82,857 in a US-average-cost city. That's $4,857 more purchasing power than the national median — a meaningful real-wage advantage.
Texas has no state income tax, which is worth roughly $8,091 per year at this salary level compared to a California Insurance Underwriter on the same gross pay. A Plano Insurance Underwriter would need to earn $95,921 in California to net the same take-home.
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $87K by 2030.
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The median Insurance Underwriter salary in Plano, TX is $87,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Plano–TX metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Entry-level Insurance Underwriters in Plano with 0–2 years of experience typically earn between $65,000 and $87,000 annually. Mid-career professionals with 3–7 years command $87,000 to $114,000, while senior-level practitioners with 8+ years of experience regularly earn $114,000 to $148,000 or more.
Plano has a cost of living index of 105 compared to the US national average of 100. Living costs in Plano are close to the national average. Crucially, Texas has no state income tax — giving Plano-based Insurance Underwriters an immediate 5–7% take-home pay advantage over workers in states like California (9.3%) or New York (6.85%).
Bachelor's in Finance or Business; CPCU designation. 50% of these roles offer some remote flexibility.