Insurance Underwriter Salary
in Waco, TX
Evaluate insurance applications and determine coverage terms and premiums. Median salary in Waco: $78K/year. Data from BLS, O*NET, and H-1B disclosures.
Salary range in Waco
Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Waco, Texas.
Key facts for Waco
Salary forecast: Waco Insurance Underwriter to 2030
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $78K by 2030.
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Insurance Underwriter Salary in Waco, Texas: Complete Guide (2026)
The median Insurance Underwriter salary in Waco, TX is $78,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the Waco–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.
Salary range for Insurance Underwriter in Waco
Entry-level Insurance Underwriters in Waco with 0–2 years of experience typically earn between $58,000 and $78,000 annually. Mid-career professionals with 3–7 years command $78,000 to $102,000, while senior-level practitioners with 8+ years of experience regularly earn $102,000 to $132,000 or more.
Cost of living in Waco for Insurance Underwriters
Waco has a cost of living index of 82 compared to the US national average of 100. This means your salary goes approximately 18% further in Waco than the national average. Crucially, Texas has no state income tax — giving Waco-based Insurance Underwriters an immediate 5–7% take-home pay advantage over workers in states like California (9.3%) or New York (6.85%).
Education requirements for Insurance Underwriter
Bachelor's in Finance or Business; CPCU designation. 50% of these roles offer some remote flexibility.