Actuaries: Salary, Education, and Career Path (2026)
The U.S. has 28,340 actuaries, and they earn a median of $125,770/year. The range runs from $75K to $206K. District of Columbia pays the most.
What it takes
The BLS lists the typical education for this role as varies by employer.
Entry-level actuaries start around $75K. The gap between that and the median ($126K) is where experience, certifications, and location make the difference.
Top earners clear $206K, but that's the 90th percentile. Getting there usually takes a decade or more of experience, the right credentials, and being in a high-paying market.
Salary progression
Highest paying states
| State | Median salary | Employment |
|---|---|---|
| District of Columbia | $153K | 200 |
| Washington | $153K | 250 |
| Connecticut | $148K | 1,190 |
| Alabama | $143K | N/A |
| New Jersey | $137K | 1,280 |
| Virginia | $136K | 690 |
| New York | $134K | 3,090 |
| Maine | $133K | 90 |
| Maryland | $133K | 610 |
| Nevada | $132K | 140 |
Frequently asked questions
How much does a actuaries make?▼
The median actuaries salary in the United States is $125,770 per year ($60/hour). Entry-level positions start around $75,240, while experienced professionals earn up to $206,430.
What education do you need to become a actuaries?▼
The BLS lists the typical entry-level education as varies by employer. State licensing or certification requirements vary, so check your state's board for specifics.
What is the job outlook for actuaries?▼
Check the Bureau of Labor Statistics Occupational Outlook Handbook for the latest employment projections for actuaries.
What are the highest paying states for actuaries?▼
The highest paying states for actuaries are District of Columbia ($153,340), Washington ($153,260), Connecticut ($148,220), Alabama ($143,230), New Jersey ($137,330). Salaries vary significantly by location due to cost of living and local demand.