How Much do Actuaries Make in Michigan?

Do actuaries in Michigan make a lot of money? What is the average pay for Michigan actuaries?

According to the Bureau of Labor Statistics, actuaries in Michigan earn an average of $97,630 a year, equivalent to $46.94 an hour.

This is 19% less than actuaries nationwide, but it is 92% more than the typical Michigan worker.

  • Latest wage data is for May 2019
  • Pre-tax earnings; Wages only - does not include benefits
Michigan Actuary Wages by Percentile
Percentile Hourly Annually
90th $74.37 $154,690
75th $58.73 $122,160
50th $41.79 $86,920
25th $32.19 $66,960
10th $27.79 $57,800
Michigan Actuaries Wages by Metro Area
  • Data is for the entire metro area, not just the city
Metro Area Hourly Annually
Detroit $48.22 $100,290
Grand Rapids $47.11 $97,990
Michigan Actuary Wages by Year
Year Hourly Annually
2019 $46.94 $97,630
2018 $45.73 $95,120
2017 $46.48 $96,690
2016 $49.58 $103,130
2015 $46.53 $96,780
2014 $47.07 $97,900
2013 $43.21 $89,880
2012 $39.97 $83,140
2011 $38.35 $79,760