Do actuaries make a lot of money? What is the average pay for actuaries?
According to the Bureau of Labor Statistics, actuaries in the United States earn an average of $120,970 a year, equivalent to $58.16 an hour. Actuaries make 126% more than the average American worker.
Actuaries in New York are the best paid, making $152,920 a year, while actuaries in Utah make the least at $72,480.
| Percentile | Hourly | Annually |
|---|---|---|
| 90th | $93.08 | $193,600 |
| 75th | $71.50 | $148,720 |
| 50th | $52.09 | $108,350 |
| 25th | $39.04 | $81,210 |
| 10th | $31.18 | $64,860 |
In what states do actuaries make the most? In what states do actuaries make the least?
In the map below, green represents higher pay and red represents lower pay. Keep scrolling down to see a table with the average wages in each state.
| State | Hourly | Annually |
|---|---|---|
| Alabama | $56.99 | $118,530 |
| Arizona | $50.58 | $105,220 |
| California | $56.51 | $117,530 |
| Colorado | $57.49 | $119,580 |
| Florida | $54.59 | $113,540 |
| Georgia | $54.70 | $113,770 |
| Idaho | $55.41 | $115,260 |
| Illinois | $55.41 | $115,250 |
| Indiana | $50.14 | $104,300 |
| Iowa | $53.54 | $111,360 |
| Kansas | $53.55 | $111,380 |
| Kentucky | $55.72 | $115,890 |
| Maine | $48.35 | $100,570 |
| Maryland | $47.72 | $99,260 |
| Massachusetts | $60.30 | $125,430 |
| Michigan | $46.94 | $97,630 |
| Minnesota | $53.44 | $111,150 |
| Mississippi | $53.43 | $111,140 |
| Missouri | $53.20 | $110,650 |
| Nebraska | $52.10 | $108,370 |
| New Jersey | $57.92 | $120,480 |
| New York | $73.52 | $152,920 |
| North Carolina | $64.56 | $134,280 |
| Ohio | $49.79 | $103,570 |
| Oregon | $52.74 | $109,690 |
| Pennsylvania | $59.50 | $123,750 |
| Rhode Island | $53.52 | $111,320 |
| South Carolina | $39.12 | $81,370 |
| Tennessee | $58.15 | $120,960 |
| Texas | $54.32 | $112,990 |
| Utah | $34.85 | $72,480 |
| Washington | $64.05 | $133,210 |
| Wisconsin | $53.48 | $111,240 |
| Metro Area | Hourly | Annually |
|---|---|---|
| Bridgeport, CT | $80.70 | $167,850 |
| Charlotte, NC | $72.42 | $150,630 |
| New York, NY | $71.04 | $147,760 |
| Richmond, VA | $69.57 | $144,700 |
| Albany, NY | $67.92 | $141,270 |
| Seattle, WA | $64.50 | $134,160 |
| Bloomington, IL | $63.85 | $132,800 |
| Milwaukee, WI | $62.40 | $129,780 |
| Philadelphia, PA | $61.93 | $128,820 |
| San Antonio, TX | $61.46 | $127,840 |
| Year | Hourly | Annually |
|---|---|---|
| 2019 | $58.16 | $120,970 |
| 2018 | $55.89 | $116,250 |
| 2017 | $55.21 | $114,850 |
| 2016 | $54.87 | $114,120 |
| 2015 | $53.15 | $110,560 |
| 2014 | $52.93 | $110,090 |
| 2013 | $51.80 | $107,740 |
| 2012 | $51.29 | $106,680 |
| 2011 | $49.52 | $103,000 |