Actuaries salary by state
The median actuaries in the United States earned $125,770 a year in 2024, about $60.47 an hour. Across the 32 states reporting the occupation, pay runs from $153,340 in District of Columbia down to $97,640 in Indiana.
Computing and mathematics SOC 15-2011
What the spread means
Pay varies meaningfully by state. District of Columbia pays about 1.6 times what Indiana does, roughly what you would expect from cost-of-living differences plus local demand.
A high median is not automatically a better deal. States that pay well for this work are frequently expensive places to live, and the same salary buys very different amounts of housing and energy depending on where it is earned. The state pages linked below carry electricity, gas and housing figures for the same places.
Highest paying states
Lowest paying states
Where the work is concentrated
Location quotient compares how common an occupation is in a state against how common it is nationally. A value of 2 means the state employs twice the national share of these workers. It is a better guide to where the jobs actually are than the raw count, which mostly tracks state population.
| State | Concentration | Employed | Median pay |
|---|---|---|---|
| Connecticut | 3.86× | 1,190 | $148,220 |
| Massachusetts | 2.29× | 1,530 | $122,230 |
| Iowa | 2.26× | 650 | $129,870 |
| Illinois | 1.9× | 2,120 | $121,960 |
| Indiana | 1.81× | 1,060 | $97,640 |
Every state
| # | State | Median salary | Hourly | 10th pct | 90th pct | Employed | vs U.S. |
|---|---|---|---|---|---|---|---|
| 1 | District of Columbia | $153,340 | $73.72 | $90,590 | $191,880 | 200 | + 21.9% |
| 2 | Washington | $153,260 | $73.68 | $94,170 | $206,780 | 250 | + 21.9% |
| 3 | Connecticut | $148,220 | $71.26 | $91,770 | $213,050 | 1,190 | + 17.9% |
| 4 | New Jersey | $137,330 | $66.02 | $80,810 | $216,050 | 1,280 | + 9.2% |
| 5 | Virginia | $135,880 | $65.33 | $88,050 | not reported | 690 | + 8% |
| 6 | New York | $133,730 | $64.29 | $77,320 | not reported | 3,090 | + 6.3% |
| 7 | Maryland | $132,740 | $63.82 | $78,800 | $191,880 | 610 | + 5.5% |
| 8 | Nevada | $132,470 | $63.69 | $89,840 | $160,490 | 140 | + 5.3% |
| 9 | Colorado | $131,940 | $63.43 | $77,960 | $196,890 | 440 | + 4.9% |
| 10 | Iowa | $129,870 | $62.44 | $79,140 | $184,040 | 650 | + 3.3% |
| 11 | North Carolina | $129,850 | $62.43 | $78,740 | $205,160 | 600 | + 3.2% |
| 12 | Oregon | $129,340 | $62.18 | $80,410 | $205,330 | 170 | + 2.8% |
| 13 | Utah | $128,860 | $61.95 | $57,970 | $188,710 | 320 | + 2.5% |
| 14 | Kansas | $125,690 | $60.43 | $73,800 | $201,340 | 310 | -0.1% |
| 15 | California | $124,240 | $59.73 | $80,960 | $212,960 | 1,320 | -1.2% |
| 16 | Arizona | $124,000 | $59.62 | $80,350 | $166,790 | 170 | -1.4% |
| 17 | Florida | $123,220 | $59.24 | $73,020 | $206,410 | 1,740 | -2% |
| 18 | Massachusetts | $122,230 | $58.77 | $81,420 | $177,850 | 1,530 | -2.8% |
| 19 | Wisconsin | $122,140 | $58.72 | $77,990 | $199,500 | 930 | -2.9% |
| 20 | Illinois | $121,960 | $58.64 | $55,010 | $190,510 | 2,120 | -3% |
| 21 | Kentucky | $120,580 | $57.97 | $84,710 | $214,190 | 100 | -4.1% |
| 22 | Missouri | $118,940 | $57.18 | $74,640 | $191,460 | 340 | -5.4% |
| 23 | Tennessee | $118,020 | $56.74 | $70,870 | $186,850 | 450 | -6.2% |
| 24 | Ohio | $115,550 | $55.55 | $77,230 | $172,950 | 1,340 | -8.1% |
| 25 | Minnesota | $109,190 | $52.49 | $80,230 | $182,130 | 830 | -13.2% |
| 26 | Rhode Island | $108,890 | $52.35 | $75,750 | $180,900 | 120 | -13.4% |
| 27 | Pennsylvania | $107,530 | $51.70 | $69,530 | $214,320 | 1,980 | -14.5% |
| 28 | Michigan | $105,750 | $50.84 | $63,320 | $169,350 | 360 | -15.9% |
| 29 | South Carolina | $100,710 | $48.42 | $66,500 | $190,230 | 100 | -19.9% |
| 30 | Nebraska | $100,270 | $48.21 | $60,380 | $157,460 | 300 | -20.3% |
| 31 | Texas | $100,260 | $48.20 | $59,300 | $177,050 | 1,800 | -20.3% |
| 32 | Indiana | $97,640 | $46.94 | $70,450 | $139,990 | 1,060 | -22.4% |
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2024 state estimates. Retrieved 2026-09-09. Figures cover wage and salary workers and exclude the self-employed. Methodology
Frequently asked questions
How much does a actuaries make?
The national median is $125,770 a year, or about $60.47 an hour, as of the 2024 Occupational Employment and Wage Statistics survey. Half of workers in the occupation earn more than that and half earn less.
Which state pays actuariess the most?
District of Columbia, at a median of $153,340. Washington ($153,260) and Connecticut ($148,220) follow. Pay that looks high often reflects a high cost of living rather than a better deal, so it is worth reading alongside what housing and energy cost in the same state.
How many people work as actuariess?
About 26,530 across the states reporting the occupation, against a national estimate of 28,340.
Is this figure a salary or an hourly rate?
Both are published. BLS surveys employers rather than workers, so these are wages paid rather than wages reported by employees, and they exclude self-employed people. Annual figures for occupations that are typically part-time or seasonal should be read with that in mind.