Underwriter Salary in Lexington, KY (2026)
Median Underwriter salary in Lexington is approximately $78,200/year — 8.0% below the US national average.
Salary breakdown — Lexington
After-tax estimate
| City | Cost mult. | Estimated annual | vs Lexington |
|---|---|---|---|
| Columbus, OH | 0.92× | $78,200 | +$0 |
| Detroit, MI | 0.92× | $78,200 | +$0 |
| Cincinnati, OH | 0.92× | $78,200 | +$0 |
| Kansas City, MO | 0.92× | $78,200 | +$0 |
| Corpus Christi, TX | 0.92× | $78,200 | +$0 |
Underwriter salaries in Lexington, KY
The estimated median Underwriter salary in Lexington, Kentucky is $78,200/year, working out to approximately $38/hour at full-time, $3,008 per biweekly paycheck, or $6,517/month before taxes. Lexington's cost-of-living multiplier of 0.92× national reflects local prices, housing costs, and employer concentration in this metro area.
Compared to the Kentucky state average for this role ($74,800), Lexington pays about $3,400 more. This typically reflects how the metro area's cost of living and employer density differ from the state as a whole.
Take-home pay in Lexington
Of the gross $78,200, you take home roughly $55,600 after:
- Federal income tax (~14% effective at this income)
- FICA — Social Security 6.2% + Medicare 1.45% = 7.65%
- Kentucky state income tax (~5% effective)
- Lexington local tax: 2.25% — significant for Lexington workers
That works out to about $4,633/month after-tax — useful for budgeting rent (typically 25–35% of net income), savings (15–20% target), and other expenses. For an exact calculation including 401(k), HSA, and your filing status, use our Lexington Paycheck Calculator.
What affects your actual pay
- Experience: entry-level often 25–35% below median; senior roles 40–60%+ above.
- Specific employer: top-tier employers in Lexington pay 10–25% above market for the same role.
- Industry: a Software Engineer at a tech company in Lexington typically out-earns one at a non-tech employer.
- Negotiation: simply negotiating an offer can shift comp by 5–15%.
- Education and credentials: degrees and licenses (especially for healthcare, legal, engineering) can move comp by 15–30%.
- Remote vs in-office: many Lexington employers now base pay on cost of living, with remote workers in cheaper metros paid less.
Related calculators
Underwriter Salary in Kentucky — state-level average. Salary Calculator — convert hourly ↔ annual. Lexington Paycheck Calculator — exact take-home. Income Tax Calculator — federal tax with brackets. Investment Calculator — long-term portfolio growth.