How Much do Actuaries Make?

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.

  • Latest wage data is for May 2019
  • Pre-tax earnings; Wages only - does not include benefits
Actuary Wages by Percentile
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
Actuary Wages by State

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 Areas Where Actuaries Earn the Most
  • Data is for the entire metro area, not just the city
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
Actuary Wages by Year
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