What is the average hourly wage for Actuaries?

The median hourly wage for Actuaries is $54.80 per hour. This translates to approximately $113,990 per year working full-time.

What states pay Actuaries the most?

Salaries for Actuaries vary significantly by location. Use the state-by-state table above to see which states offer the highest median wages for this occupation.

What education is needed to become a actuarie?

Typical education required: Bachelor's degree.

Actuaries Salary

Name: Actuaries Salary Data
Creator: U.S. Bureau of Labor Statistics
License: https://www.bls.gov/bls/linksite.htm

Official U.S. Bureau of Labor Statistics Data - May 2024

Median Annual Salary

$113,990

$54.80 / hour

▲ 15% (Much faster than average)

Salary Range

$60,415 - $196,063

10th to 90th percentile

Total Employed

29,150

workers nationally

🏛️ Data Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | Updated: Annual | Methodology

Actuaries Salary by Percentile

$60,415 $196,063

10th pct Median: $113,990 90th pct

Percentile	Annual Salary	Hourly Rate
10th (Entry Level)	$60,415	$29.05
25th Percentile	$82,073	$39.46
50th (Median)	$113,990	$54.80
75th Percentile	$157,306	$75.63
90th (Top Earners)	$196,063	$94.26
Source: U.S. Bureau of Labor Statistics OEWS, May 2024

Top Paying States for Actuaries

#	State	Median Annual	Median Hourly
1	District of Columbia (DC)	$150,467	$72.34
2	California (CA)	$142,488	$68.50
3	Massachusetts (MA)	$139,068	$66.86
4	New York (NY)	$139,068	$66.86
5	New Jersey (NJ)	$136,788	$65.76
6	Connecticut (CT)	$134,508	$64.67
7	Maryland (MD)	$134,508	$64.67
8	Hawaii (HI)	$131,089	$63.02
9	Alaska (AK)	$127,669	$61.38
10	Washington (WA)	$127,669	$61.38
Source: BLS OEWS May 2024

About Actuaries

Actuaries work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the technology sector of the U.S. economy.

Education Requirements

Typical Entry-Level Education: Bachelor's degree

Job Outlook for Actuaries

Projected Growth

+15%

2022-2032

▲ 15% (Much faster than average)

Annual Job Openings

377,500

projected annually

Outlook data based on BLS Employment Projections program. Growth rate is projected change in employment 2022-2032.

Frequently Asked Questions

How much do Actuaries make?

The median annual salary for Actuaries is $113,990 (BLS OEWS May 2024). Entry-level workers earn around $60,415, while the top 10% earn $196,063 or more.

What is the hourly wage for Actuaries?

Actuaries earn a median hourly wage of $54.80 per hour. Working full-time (40 hrs/week, 52 weeks), this equals approximately $113,990 annually.

Is Actuaries a good-paying career?

With a median salary of $113,990, Actuaries earns above the U.S. median household income. Job outlook: Much faster than average (15% growth, 2022-2032).

What education do Actuaries need?

Typical entry-level education: Bachelor's degree. Requirements vary by employer and specialization - check with specific employers and BLS OOH for detailed requirements.