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Actuaries Salary

Actuaries earn a median $130,000 a year in the U.S., with 26,670 jobs (May 2025).

Median wage
$130,000 a year
Employment
26,670
Excludes self-employed
Projected growth
+9.2%
2025 to 2035
Openings per year
1,500
Average, including replacements

Pay range nationally

The middle half of workers earn between the 25th and 75th percentile (shaded)

10%: $78,570Median: $130,00090%: $215,100
Median (50%)
$130,000 · $62.50 an hour
Mean (average)
$141,480 · $68.02 an hour (estimate error ±2.3%)
10th percentile
$78,570 · $37.77 an hour
25th percentile
$97,680 · $46.96 an hour
75th percentile
$170,650 · $82.04 an hour
90th percentile
$215,100 · $103.41 an hour
Employment
26,670 (estimate error ±3.2%)

What they do

Standard Occupational Classification definition

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

Job outlook

BLS Employment Projections, 2025 to 2035

All occupations
Jobs in 2025
31,200
Projected for 2035
34,100
Change
+2,900 (+9.2%)
Openings each year
1,500
Typical education
Bachelor's degree
Work experience
None
On-the-job training
Long-term on-the-job training
Self-employed
Not reported

Occupational Outlook Handbook (duties, how to become one, work environment)

Highest paying states

Median wage for this occupation

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#StateMedian wageEmployment
1Connecticut$166,8001,380
2District of Columbia$166,230160
3New York$156,4802,630
4New Jersey$142,8001,260
5Alabama$136,950190
6Arizona$135,870200
7Washington$134,720360
8Utah$132,720180
9Nevada$132,370120
10Florida$132,1101,300

States with the most jobs

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StateEmploymentMedian wage
New York2,630$156,480
Illinois2,280$115,430
Texas1,750$105,020
Pennsylvania1,710$125,040
Georgia1,470Not reported
Connecticut1,380$166,800
Florida1,300$132,110
California1,280$130,510
New Jersey1,260$142,800
Minnesota1,170$128,100

Highest paying metro areas

Metro areas with at least 100 jobs in this occupation

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Metro areas with the most jobs

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Visa filings for this occupation

Wages employers offered on Department of Labor filings

Actuaries pay by state

Related occupations

Frequently asked questions

How much do actuaries make?
The median wage for actuaries in the U.S. is $130,000 a year, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $97,680 and $170,650.
Which state pays actuaries the most?
Connecticut has the highest median wage for this occupation at $166,800 a year.
What is the job outlook for actuaries?
BLS projects employment to grow 9.2% from 2025 to 2035, with about 1,500 openings each year on average.
What education do actuaries need?
The typical entry-level education is: bachelor's degree.