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How Much Does an Actuary Make?
An actuary in the US earns a median salary of $130,000 a year, or $62.50 an hour (BLS, May 2025). The average is $141,480, and the middle half earn between $97,680 and $170,650.
Actuary pay range
What actuaries earn at each point of the pay scale. The 10th percentile is a rough guide to starting pay.
| Percentile | A year | An hour | |
|---|---|---|---|
| 10th (lowest 10%) | $78,570 | $37.77 | |
| 25th | $97,680 | $46.96 | |
| Median (50th) | $130,000 | $62.50 | |
| 75th | $170,650 | $82.04 | |
| 90th (top 10%) | $215,100 | $103.41 |
The median is 155% more than the $50,980 median for all US jobs. About 26,670 people work as actuaries in the US.
After tax and by period
- A week
- $2,500
- Every two weeks
- $5,000
- Twice a month
- $5,417
- A month
- $10,833
At the median salary, before tax.
Actuary salary by state
Sorted by average pay. Connecticut pays actuaries the most, at $164,640 a year on average.
| State | Average | Median | Jobs | After tax |
|---|---|---|---|---|
| Connecticut | $164,640 | $166,800 | 1,380 | After tax |
| District of Columbia | $164,460 | $166,230 | 160 | After tax |
| New York | $161,670 | $156,480 | 2,630 | After tax |
| New Jersey | $152,850 | $142,800 | 1,260 | After tax |
| California | $145,330 | $130,510 | 1,280 | After tax |
| Washington | $141,300 | $134,720 | 360 | After tax |
| Virginia | $140,780 | $131,900 | 440 | After tax |
| Arizona | $139,740 | $135,870 | 200 | After tax |
| Minnesota | $138,000 | $128,100 | 1,170 | After tax |
| Florida | $136,940 | $132,110 | 1,300 | After tax |
| Tennessee | $136,800 | $108,930 | 300 | After tax |
| Nevada | $136,290 | $132,370 | 120 | After tax |
| Missouri | $135,890 | $129,220 | 390 | After tax |
| Oregon | $135,420 | $130,380 | 210 | After tax |
| Kansas | $135,160 | $125,010 | 180 | After tax |
| Wisconsin | $134,490 | $131,640 | 890 | After tax |
| Maryland | $133,930 | $126,950 | 580 | After tax |
| Pennsylvania | $133,290 | $125,040 | 1,710 | After tax |
| Utah | $131,390 | $132,720 | 180 | After tax |
| Mississippi | $130,950 | $106,210 | 40 | After tax |
| Massachusetts | $130,710 | $126,040 | – | After tax |
| Illinois | $129,580 | $115,430 | 2,280 | After tax |
| Colorado | $129,530 | $120,440 | 500 | After tax |
| Kentucky | $129,150 | $120,400 | 70 | After tax |
| North Carolina | $128,500 | $128,730 | 610 | After tax |
| Maine | $125,740 | $119,620 | 80 | After tax |
| Iowa | $125,370 | $128,690 | 530 | After tax |
| Alabama | $124,290 | $136,950 | 190 | After tax |
| Rhode Island | $123,510 | $111,090 | 100 | After tax |
| Ohio | $121,730 | $110,980 | 1,090 | After tax |
| Oklahoma | $120,410 | $109,760 | 70 | After tax |
| Texas | $119,110 | $105,020 | 1,750 | After tax |
| Nebraska | $112,580 | $102,790 | 270 | After tax |
| Louisiana | $110,420 | $80,860 | 40 | After tax |
| Michigan | $108,630 | $100,640 | 570 | After tax |
| Indiana | $104,990 | $100,690 | 780 | After tax |
| Puerto Rico | $77,320 | $68,100 | 30 |
A dash means BLS did not publish that figure for the state.
Other computer and mathematical jobs
- Software developer $135,980 median
- Computer user support specialist $61,860 median
- Computer systems analyst $105,850 median
- Network and computer systems administrator $99,130 median
- Data scientist $120,230 median
- Information security analyst $129,180 median
- Software quality assurance analyst and tester $104,300 median
- Computer network architect $134,050 median
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 (published 2026), for “Actuaries” (SOC 15-2011). Wages are before tax and leave out self-employed workers. All job salaries
About the Job Salaries
Job Salaries shows what more than 500 US jobs pay, from nurses and electricians to software developers and truck drivers. Each job has its median and average salary, hourly and monthly pay, the pay range from the lowest-paid 10% to the top 10%, and a table of pay in every state. The figures come from the Bureau of Labor Statistics Occupational Employment and Wage Statistics survey, the largest survey of US pay, in its latest release.
How to use it
- 1 Search for a job or pick one from the list.
- 2 Read the median salary, hourly pay and the pay range.
- 3 Check the salary by state to see where the job pays most.
- 4 Open the take-home pay calculator to see the salary after tax.
Frequently asked questions
How much does an actuary make an hour?
The median hourly wage for an actuary is $62.50, and the average is $68.02. The lowest-paid 10% earn under $37.77 an hour and the top 10% over $103.41.
How much does an actuary make a month?
At the median salary of $130,000, an actuary earns about $10,833 a month before tax, or $5,000 every two weeks.
Which state pays actuaries the most?
Connecticut has the highest average pay for an actuary, at $164,640 a year. Next are District of Columbia and New York. Pay is usually higher where living costs are higher, so compare take-home pay too.
What is the starting salary for an actuary?
The lowest-paid 10% of actuaries earn less than $78,570 a year, and the lowest 25% less than $97,680. That is a fair guide to starting pay, which depends on the state, the employer and your experience.
How much do the highest-paid actuaries make?
The top 10% earn more than $215,100 a year, and the top 25% more than $170,650.
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