Average Salary for Actuaries
SOC 15-2011 · Computer and Mathematical Occupations · 2024 data
The median annual wage for Actuaries in the United States is $125,770 ($60.47/hr), based on 2024 BLS OEWS data. Wages range from $75,240 at the 10th percentile to $206,430 at the 90th percentile nationally. An estimated 28,340 people work in this occupation across the country. The national median wage has grown 30.1% since 2014.
Median Annual
$125,770
Mean Annual
$134,990
10th Pct
$75,240
75th Pct
$164,860
Employment
28,340
Salary Distribution
$75k
10th
$91k
25th
$126k
Median
$165k
75th
$206k
90th
Highest Paying Metro Areas
| Metro Area | Median Annual |
|---|---|
| Bridgeport-Stamford-Danbury, CT | $176,300 |
| Las Vegas-Henderson-North Las Vegas, NV | $158,760 |
| San Jose-Sunnyvale-Santa Clara, CA | $152,650 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | $146,130 |
| Birmingham, AL | $143,230 |
| North Port-Bradenton-Sarasota, FL | $142,750 |
| New York-Newark-Jersey City, NY-NJ | $140,640 |
| Salt Lake City-Murray, UT | $140,290 |
| Detroit-Warren-Dearborn, MI | $139,950 |
| Hartford-West Hartford-East Hartford, CT | $138,280 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $137,610 |
| San Francisco-Oakland-Fremont, CA | $136,410 |
| Raleigh-Cary, NC | $136,180 |
| Seattle-Tacoma-Bellevue, WA | $135,280 |
| Charlotte-Concord-Gastonia, NC-SC | $135,050 |
Salary by State
| State | Median Annual |
|---|---|
| District of Columbia | $153,340 |
| Washington | $153,260 |
| Connecticut | $148,220 |
| Alabama | $143,230 |
| New Jersey | $137,330 |
| Virginia | $135,880 |
| New York | $133,730 |
| Maine | $132,970 |
| Maryland | $132,740 |
| Nevada | $132,470 |
| Colorado | $131,940 |
| Iowa | $129,870 |
| North Carolina | $129,850 |
| Oregon | $129,340 |
| Utah | $128,860 |
| Kansas | $125,690 |
| California | $124,240 |
| Arizona | $124,000 |
| Florida | $123,220 |
| Massachusetts | $122,230 |
| Wisconsin | $122,140 |
| Illinois | $121,960 |
| Oklahoma | $121,790 |
| Kentucky | $120,580 |
| Missouri | $118,940 |
| Tennessee | $118,020 |
| Ohio | $115,550 |
| Idaho | $109,990 |
| Minnesota | $109,190 |
| Rhode Island | $108,890 |
| Hawaii | $107,690 |
| Pennsylvania | $107,530 |
| Michigan | $105,750 |
| South Carolina | $100,710 |
| Nebraska | $100,270 |
| Texas | $100,260 |
| Indiana | $97,640 |
| Mississippi | $97,210 |
| Louisiana | $82,930 |
| Puerto Rico | $65,940 |
Salary by Industry
National median wage for Actuaries broken down by industry sector, 2024 data.
| Industry | Median Annual |
|---|---|
| Other Services (except Public Administration) | $170,660 |
| Religious, Grantmaking, Civic, Professional, and Similar Organizations | $170,660 |
| Business, Professional, Labor, Political, and Similar Organizations | $170,660 |
| Information | $162,770 |
| Federal Executive Branch (OEWS Designation) | $159,930 |
| Federal Government, including the U.S. Postal Service (OEWS Designation) | $159,930 |
| Temporary Help Services | $158,760 |
| Employment Services | $158,760 |
| Administrative and Support Services | $146,130 |
| Administrative and Support and Waste Management and Remediation Services | $146,130 |
| Insurance Agencies and Brokerages | $138,260 |
| Agencies, Brokerages, and Other Insurance Related Activities | $133,900 |
| Management of Companies and Enterprises | $133,030 |
| Management of Companies and Enterprises | $133,030 |
| Management of Companies and Enterprises | $133,030 |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services | $132,450 |
| Outpatient Care Centers | $130,780 |
| Ambulatory Health Care Services | $130,780 |
| Insurance Carriers and Related Activities | $126,850 |
| Finance and Insurance | $126,830 |
| Direct Insurance (except Life, Health, and Medical) Carriers | $126,460 |
| Cross-industry, Private Ownership only | $126,140 |
| Insurance Carriers | $124,140 |
| Office Administrative Services | $120,120 |
| Federal, State, and Local Government, excluding State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $118,910 |
| Federal, State, and Local Government, excluding State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $118,910 |
| Other Insurance Related Activities | $118,580 |
| Insurance and Employee Benefit Funds | $115,000 |
| Funds, Trusts, and Other Financial Vehicles | $115,000 |
| Professional, Scientific, and Technical Services | $111,640 |
| Professional, Scientific, and Technical Services | $111,640 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities | $108,050 |
| Federal, State, and Local Government, including State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $107,810 |
| Direct Health and Medical Insurance Carriers | $107,360 |
| Management, Scientific, and Technical Consulting Services | $104,630 |
| State Government, excluding Schools and Hospitals (OEWS Designation) | $97,930 |
| Scientific Research and Development Services | $97,820 |
| Research and Development in the Physical, Engineering, and Life Sciences | $97,820 |
| Computer Systems Design and Related Services | $95,320 |
| Local Government, excluding Schools and Hospitals (OEWS Designation) | $87,440 |
| Local Government, including Schools and Hospitals (OEWS Designation) | $87,440 |
| State Government, including Schools and Hospitals (OEWS Designation) | $86,000 |
| Health Care and Social Assistance | $83,710 |
| Educational Services | $81,840 |
| Colleges, Universities, and Professional Schools | $81,840 |
| Educational Services | $81,840 |
| General Medical and Surgical Hospitals | $72,900 |
| Hospitals | $72,900 |
National Wage Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $125,770 |
| 2023 | $120,000 |
| 2022 | $113,990 |
| 2021 | $105,900 |
| 2020 | $111,030 |
| 2019 | $108,350 |
| 2018 | $102,880 |
| 2017 | $101,560 |
| 2016 | $100,610 |
| 2015 | $97,070 |
| 2014 | $96,700 |