Actuary Salary Overview
The Actuary is a sought-after profession in the United States with a median annual salary of $120,000. Compensation typically ranges from $70,800 for entry-level positions to $196,200 for experienced professionals in high-demand markets.Salary Range: The typical Actuary in the US earns between $70,800 and $196,200 per year, with a median of $120,000.
Actuary Salary by Experience
Entry-level actuarys earn around $78,000, while those with 10+ years of experience can earn $162,000 or more.
| Level | Salary | Hourly | Take-Home |
|---|---|---|---|
| Entry | $82,800 | $40/hr | $62,798 |
| Mid | $120,000 | $58/hr | $85,475 |
| Senior | $151,200 | $73/hr | $103,899 |
| Lead | $186,000 | $89/hr | $125,062 |
Actuary Salary by State (After Tax)
Gross salary, federal tax, state tax, and estimated take-home pay for a Actuary in each US state.
Pay for actuarys varies significantly by state, with coastal and high-cost-of-living areas generally offering higher salaries to offset expenses.
| State | Gross | Federal | State Tax | FICA | Take-Home | Rate |
|---|---|---|---|---|---|---|
| Alabama | $120,000 | $18,047 | $5,835 | $9,180 | $86,938 | 27.6% |
| Alaska | $120,000 | $18,047 | $0 | $9,180 | $92,773 | 22.7% |
| Arizona | $120,000 | $18,047 | $2,635 | $9,180 | $90,138 | 24.9% |
| Arkansas | $120,000 | $18,047 | $5,054 | $9,180 | $87,719 | 26.9% |
| California | $120,000 | $18,047 | $7,298 | $9,180 | $85,475 | 28.8% |
| Colorado | $120,000 | $18,047 | $4,620 | $9,180 | $88,153 | 26.5% |
| Connecticut | $120,000 | $18,047 | $5,950 | $9,180 | $86,823 | 27.6% |
| Delaware | $120,000 | $18,047 | $6,689 | $9,180 | $86,084 | 28.3% |
| District of Columbia | $120,000 | $18,047 | $7,359 | $9,180 | $85,414 | 28.8% |
| Florida | $120,000 | $18,047 | $0 | $9,180 | $92,773 | 22.7% |
| Georgia | $120,000 | $18,047 | $5,929 | $9,180 | $86,844 | 27.6% |
| Hawaii | $120,000 | $18,047 | $8,972 | $9,180 | $83,801 | 30.2% |
| Idaho | $120,000 | $18,047 | $6,113 | $9,180 | $86,660 | 27.8% |
| Illinois | $120,000 | $18,047 | $5,803 | $9,180 | $86,970 | 27.5% |
| Indiana | $120,000 | $18,047 | $3,660 | $9,180 | $89,113 | 25.7% |
| Iowa | $120,000 | $18,047 | $4,560 | $9,180 | $88,213 | 26.5% |
| Kansas | $120,000 | $18,047 | $6,183 | $9,180 | $86,590 | 27.8% |
| Kentucky | $120,000 | $18,047 | $4,674 | $9,180 | $88,099 | 26.6% |
| Louisiana | $120,000 | $18,047 | $4,519 | $9,180 | $88,254 | 26.5% |
| Maine | $120,000 | $18,047 | $7,042 | $9,180 | $85,731 | 28.6% |
| Maryland | $120,000 | $18,047 | $5,570 | $9,180 | $87,203 | 27.3% |
| Massachusetts | $120,000 | $18,047 | $5,780 | $9,180 | $86,993 | 27.5% |
| Michigan | $120,000 | $18,047 | $4,862 | $9,180 | $87,911 | 26.7% |
| Minnesota | $120,000 | $18,047 | $6,723 | $9,180 | $86,050 | 28.3% |
| Mississippi | $120,000 | $18,047 | $5,062 | $9,180 | $87,711 | 26.9% |
| Missouri | $120,000 | $18,047 | $4,889 | $9,180 | $87,884 | 26.8% |
| Montana | $120,000 | $18,047 | $5,973 | $9,180 | $86,800 | 27.7% |
| Nebraska | $120,000 | $18,047 | $5,487 | $9,180 | $87,286 | 27.3% |
| Nevada | $120,000 | $18,047 | $0 | $9,180 | $92,773 | 22.7% |
| New Hampshire | $120,000 | $18,047 | $0 | $9,180 | $92,773 | 22.7% |
| New Jersey | $120,000 | $18,047 | $5,518 | $9,180 | $87,255 | 27.3% |
| New Mexico | $120,000 | $18,047 | $4,885 | $9,180 | $87,888 | 26.8% |
| New York | $120,000 | $18,047 | $6,464 | $9,180 | $86,309 | 28.1% |
| North Carolina | $120,000 | $18,047 | $4,826 | $9,180 | $87,947 | 26.7% |
| North Dakota | $120,000 | $18,047 | $2,055 | $9,180 | $90,718 | 24.4% |
| Ohio | $120,000 | $18,047 | $2,730 | $9,180 | $90,043 | 25.0% |
| Oklahoma | $120,000 | $18,047 | $5,210 | $9,180 | $87,563 | 27.0% |
| Oregon | $120,000 | $18,047 | $9,975 | $9,180 | $82,798 | 31.0% |
| Pennsylvania | $120,000 | $18,047 | $3,684 | $9,180 | $89,089 | 25.8% |
| Rhode Island | $120,000 | $18,047 | $4,464 | $9,180 | $88,309 | 26.4% |
| South Carolina | $120,000 | $18,047 | $6,053 | $9,180 | $86,720 | 27.7% |
| South Dakota | $120,000 | $18,047 | $0 | $9,180 | $92,773 | 22.7% |
| Tennessee | $120,000 | $18,047 | $0 | $9,180 | $92,773 | 22.7% |
| Texas | $120,000 | $18,047 | $0 | $9,180 | $92,773 | 22.7% |
| Utah | $120,000 | $18,047 | $5,580 | $9,180 | $87,193 | 27.3% |
| Vermont | $120,000 | $18,047 | $6,008 | $9,180 | $86,765 | 27.7% |
| Virginia | $120,000 | $18,047 | $6,384 | $9,180 | $86,389 | 28.0% |
| Washington | $120,000 | $18,047 | $0 | $9,180 | $92,773 | 22.7% |
| West Virginia | $120,000 | $18,047 | $5,256 | $9,180 | $87,518 | 27.1% |
| Wisconsin | $120,000 | $18,047 | $5,272 | $9,180 | $87,501 | 27.1% |
| Wyoming | $120,000 | $18,047 | $0 | $9,180 | $92,773 | 22.7% |
Top Cities for Actuary Pay
The highest-paying metro areas for actuarys tend to be major metropolitan centers with strong industry demand and higher costs of living.
| City | Avg Salary |
|---|---|
| Hartford, CT | $132,000 |
| New York, NY | $132,000 |
| Chicago, IL | $132,000 |
| Boston, MA | $132,000 |
| Philadelphia, PA | $132,000 |
Calculate Actuary Take-Home Pay
Adjust the state and filing status to see your estimated after-tax income.
Estimated Take-Home Pay
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Gross Annual
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Tax Breakdown
Federal Income Tax
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Tax Distribution
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Pay Frequency Breakdown
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How to Become a Actuary
Becoming a actuary typically requires relevant education, training, or certification in the field. Many employers also value practical experience, professional development, and industry-specific credentials.Actuary Career Outlook
Employment of actuarys is projected to grow steadily over the next decade, driven by continued demand across industries. Professionals who stay current with evolving requirements and build specialized expertise will find the strongest job prospects.Actuary Salary FAQ
The median annual salary for actuarys in the US is $120,000, with a typical range from $70,800 to $196,200 depending on experience and location.
The highest-paying states for actuarys include CT, NY, NJ. These states typically have strong demand and higher costs of living.
Entry-level actuarys can expect to earn around $78,000 per year, with salary increasing as they gain experience and expertise.
Being a actuary can be a rewarding career with solid compensation and growth potential. Job outlook is generally positive across most regions.
The median hourly rate for actuarys is approximately $57.69, though this varies based on experience, location, and employer.