Last updated: 2025 BLS data · Page refreshed:
How much does a Insurance Underwriters actually take home in Maryland?
Progressive (up to 5.8%) — 25.5% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Insurance Underwriters earning $92,120 in Maryland (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $92,120 | — |
| Federal Income Tax | -$12,107 | 13.1% |
| Maryland State Income Tax | -$4,323 | 4.7% |
| Social Security (OASDI) | -$5,711 | 6.2% |
| Medicare | -$1,335 | 1.5% |
| Total Taxes | -$23,477 | 25.5% |
| Take-Home Pay | $68,642 | 74.5% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Insurance Underwriters in Maryland.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $59,520 | -$12,486 | $47,033 | 21.0% |
| 25th Percentile (P25) | $68,930 | -$15,500 | $53,429 | 22.5% |
| Median (P50) | $92,120 | -$23,477 | $68,642 | 25.5% |
| 75th Percentile (P75) | $116,990 | -$32,112 | $84,877 | 27.4% |
| 90th Percentile (P90) | $152,690 | -$45,272 | $107,417 | 29.7% |
After federal income tax ($12,107), state tax ($4,323), and FICA ($7,047), a Insurance Underwriters in Maryland takes home $68,642 per year — or $5,720 per month. The effective tax rate of 25.5% is moderate compared to the national range.
With an effective total rate of 25.5%, a Insurance Underwriters in Maryland keeps $68,642 of $92,120 gross — roughly typical for U.S. middle-income earners once federal, FICA and state taxes are combined.
Maryland uses a progressive state income tax, so brackets escalate as wages rise. For this Insurance Underwriters salary the state tax works out to $4,323 (4.7% effective) — on top of federal and FICA.
Federal tax on this Insurance Underwriters salary is $12,107 (52%), but combined state ($4,323, 18%) + FICA ($7,047, 30%) make up the other 48% of the bill.
Moving this same Insurance Underwriters salary to a zero-state-tax state would yield around $72,965 net — a gain of $4,323 (6.3%) per year versus Maryland.
For Insurance Underwriters after-tax pay, Maryland ranks #12 of 49 states — top quartile. High gross wages or low state-tax burden (or both) drive the strong ranking.
Translated into paycheck cadences, $68,642 net/year works out to $5,720/month or $2,640/bi-weekly for this Insurance Underwriters in Maryland — the numbers that actually hit a checking account after every deduction.
Where does a Insurance Underwriters keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Maryland ranks #12 out of 49 states for Insurance Underwriters after-tax take-home pay.
A Insurance Underwriters in Maryland earning a median salary of $92,120 will take home approximately $68,642 per year after federal income tax ($12,107), state income tax ($4,323), and FICA ($7,047). That is $5,720 per month or $2,640 per bi-weekly paycheck.
The effective total tax rate for a Insurance Underwriters in Maryland is 25.5%, broken down as: federal income tax 13.1%, Maryland state tax 4.7%, and FICA (Social Security + Medicare) 7.6%. This assumes a single filer with the standard deduction for 2024.
Maryland has a progressive (up to 5.8%). On a Insurance Underwriters's median salary of $92,120, the state income tax amounts to $4,323 per year, which is an effective state rate of 4.7%.
After all taxes, a Insurance Underwriters in Maryland takes home approximately $5,720 per month, or about $33.00 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.
We start with the 2025 BLS median salary of $92,120 for Insurance Underwriters in Maryland, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Maryland state income tax (progressive (up to 5.8%)), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $68,642/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
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This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.
Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR