Actuaries Salary in Detroit-Warren-Dearborn, MI
The median pay for a actuaries in Detroit-Warren-Dearborn, MI is $139,950/year ($67.29/hour), per BLS data. The range runs from $76K at the entry level to $177K for experienced workers. Adjusted for local prices (RPP 100.3), that's roughly $139,531 in purchasing power. Rent on a 2-bedroom averages $1,411/month, or 16.6% of estimated take-home pay.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $140K get you in Detroit-Warren-Dearborn?
About actuaries
Compensation breakdown
Annual earnings by percentile, Detroit-Warren-Dearborn, MI
Entry-level actuaries (10th percentile) start around $76K. Mid-career wages sit at $140K.Top earners bring in $177K or more - a $101K spread from bottom to top.
Actuaries pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $153K | +22% | 200 |
| Washington | $153K | +22% | 250 |
| Connecticut | $148K | +18% | 1,190 |
| Alabama | $143K | +14% | N/A |
| New Jersey | $137K | +9% | 1,280 |
| Virginia | $136K | +8% | 690 |
| New York | $134K | +6% | 3,090 |
| Maine | $133K | +6% | 90 |
| Maryland | $133K | +6% | 610 |
| Nevada | $132K | +5% | 140 |
| Iowa | $130K | +3% | 650 |
| North Carolina | $130K | +3% | 600 |
| Oregon | $129K | +3% | 170 |
| Utah | $129K | +2% | 320 |
| Kansas | $126K | -0% | 310 |
Track actuaries salary changes
BLS updates this data quarterly. We'll email you when Detroit-Warren-Dearborn numbers change.
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Frequently asked questions
How much do actuaries make in Detroit-Warren-Dearborn, MI?
The median is $139,950 a year - that works out to about $67.29 an hour. The range is wide: entry-level workers start around $75,980, and experienced actuaries can clear $177,020. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $140K enough to live in Detroit-Warren-Dearborn?
On that salary, you'd take home roughly $8,372/month after taxes. A 2-bedroom here rents for about $1,411/month (HUD Fair Market Rent), which eats 16.9% 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 Detroit-Warren-Dearborn?
Detroit-Warren-Dearborn has a Regional Price Parity of 100.3 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median actuaries salary is worth about $139,531 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.