Actuaries Salary in Worcester, MA
The median pay for a actuaries in Worcester, MA is $122,200/year ($58.75/hour), per BLS data. The range runs from $79K at the entry level to $194K for experienced workers. Adjusted for local prices (RPP 102.52), that's roughly $119,196 in purchasing power. Rent on a 2-bedroom averages $2,056/month, or 27.7% of estimated take-home pay.
So what does $122K get you in Worcester?
Groceries, utilities, transportation, and healthcare scaled from national averages by Worcester’s Regional Price Parity (102.52). 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.
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Compensation breakdown
Annual earnings by percentile, Worcester, MA
Entry-level actuaries (10th percentile) start around $79K. Mid-career wages sit at $122K. Top earners bring in $194K or more, a $116K 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 |
| California | $124K | -1% | 1,320 |
| Arizona | $124K | -1% | 170 |
| Florida | $123K | -2% | 1,740 |
| Massachusetts | $122K | -3% | 1,530 |
| Wisconsin | $122K | -3% | 930 |
| Illinois | $122K | -3% | 2,120 |
| Oklahoma | $122K | -3% | 30 |
| Kentucky | $121K | -4% | 100 |
| Missouri | $119K | -5% | 340 |
| Tennessee | $118K | -6% | 450 |
| Ohio | $116K | -8% | 1,340 |
| Idaho | $110K | -13% | 40 |
| Minnesota | $109K | -13% | 830 |
| Rhode Island | $109K | -13% | 120 |
| Hawaii | $108K | -14% | 40 |
| Pennsylvania | $108K | -15% | 1,980 |
| Michigan | $106K | -16% | 360 |
| South Carolina | $101K | -20% | 100 |
| Nebraska | $100K | -20% | 300 |
| Texas | $100K | -20% | 1,800 |
| Indiana | $98K | -22% | 1,060 |
| Mississippi | $97K | -23% | 30 |
| Louisiana | $83K | -34% | 70 |
Showing 1–10 of 38 states
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 Worcester numbers change.
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Frequently asked questions
How much do actuaries make in Worcester, MA?
The median is $122,200 a year, that works out to about $59 an hour. But the range is wide: entry-level workers start around $78,680, and experienced actuaries can clear $194,300. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $122K enough to live in Worcester?
On that salary, you'd take home roughly $7,347/month after taxes. A 2-bedroom here rents for about $2,056/month, which eats 28% 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 Worcester?
Worcester has a Regional Price Parity of 102.52 (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 $119,196 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.