Actuaries Salary
The median pay for a actuaries in Akron, OH is $117,430/year ($56.46/hour), per BLS data. The range runs from $77K at the entry level to $167K for experienced workers. Cost of living is below average (RPP 93.37), which stretches that salary to about $125,768 in buying power. Rent on a 2-bedroom averages $1,268/month, or 17.1% of estimated take-home pay.
So what does $117K get you in Akron?
Groceries, utilities, transportation, and healthcare scaled from national averages by Akron’s Regional Price Parity (93.37). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About actuaries
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What this looks like in Akron
Actuaries pay in Akron tracks closely to the national median, $117K locally vs. $130K nationwide, a 10% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,268/month, 17.2% of take-home, well inside the 30% guideline. Regional Price Parity sits at 93.37 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for actuaries in metros near Akron, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Cincinnati | $109K | $114K |
| Columbus | $107K | $112K |
| Cleveland | $105K | $112K |
| Philadelphia-Camden-Wilmington | $128K | $125K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Akron, OH
Entry-level actuaries (10th percentile) start around $77K. Mid-career wages sit at $117K. Top earners bring in $167K or more, a $91K spread from bottom to top.
Actuaries pay across states
Median income ranked highest to lowest, compared to the national figure
View Actuaries salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Connecticut | $167K | +28% | 1,380 |
| District of Columbia | $166K | +28% | 160 |
| New York | $156K | +20% | 2,630 |
| New Jersey | $143K | +10% | 1,260 |
| Alabama | $137K | +5% | 190 |
| Arizona | $136K | +5% | 200 |
| Washington | $135K | +4% | 360 |
| Utah | $133K | +2% | 180 |
| Nevada | $132K | +2% | 120 |
| Florida | $132K | +2% | 1,300 |
| Virginia | $132K | +1% | 440 |
| Wisconsin | $132K | +1% | 890 |
| California | $131K | +0% | 1,280 |
| Oregon | $130K | +0% | 210 |
| Missouri | $129K | -1% | 390 |
| North Carolina | $129K | -1% | 610 |
| Iowa | $129K | -1% | 530 |
| Minnesota | $128K | -1% | 1,170 |
| Maryland | $127K | -2% | 580 |
| Massachusetts | $126K | -3% | N/A |
| Pennsylvania | $125K | -4% | 1,710 |
| Kansas | $125K | -4% | 180 |
| Colorado | $120K | -7% | 500 |
| Kentucky | $120K | -7% | 70 |
| Maine | $120K | -8% | 80 |
| Illinois | $115K | -11% | 2,280 |
| Rhode Island | $111K | -15% | 100 |
| Ohio | $111K | -15% | 1,090 |
| Oklahoma | $110K | -16% | 70 |
| Tennessee | $109K | -16% | 300 |
| Mississippi | $106K | -18% | 40 |
| Texas | $105K | -19% | 1,750 |
| Nebraska | $103K | -21% | 270 |
| Indiana | $101K | -23% | 780 |
| Michigan | $101K | -23% | 570 |
| Louisiana | $81K | -38% | 40 |
Showing 1–10 of 36 states with published data
BLS does not publish data for every state when sample sizes are too small
Track actuaries salary changes
BLS updates this data quarterly. We'll email you when Akron numbers change.
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Frequently asked questions
Can a actuary afford a 2BR apartment alone in Akron?
Yes — at the median salary of $117K, rent takes 17.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,268/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for actuaries in Akron?
The 10th-percentile wage — what new actuaries typically earn — is $77K/year. Take-home on that works out to about $4,594/month. At HUD’s $1,268/month FMR, rent would take 28% of that take-home — manageable on an entry-level income.
Is actuary a high-paying job in Akron?
Pay here is roughly in line with the national average — $117K locally vs. $130K nationally, a 10% difference.
How does Akron compare to the national average for actuaries?
Akron pays $117K median vs. the U.S. average of $130K — that’s -10%. After adjusting for local cost of living (RPP 93.37), the purchasing-power equivalent is $126K — below the national median.
How much do actuaries make in Akron, OH?
The median is $117,430 a year, that works out to about $56 an hour. But the range is wide: entry-level workers start around $76,560, and experienced actuaries can clear $167,250. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $117K enough to live in Akron?
On that salary, you'd take home roughly $7,360/month after taxes. A 2-bedroom here rents for about $1,268/month, which eats 17.2% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a actuaries salary go in Akron?
Akron has a Regional Price Parity of 93.37 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median actuaries salary is worth about $125,768 in national-average purchasing power.
Where do actuaries get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.