CareersMath & DataActuaries

Actuaries

Salary, job outlook, AI risk & career information

Actuaries in the United States earn a median salary of $130,000 per year — about $63 per hour, according to the U.S. Bureau of Labor Statistics. Roughly 34K people work in this occupation nationwide, with projected employment growth of +22%.

Median Salary
$130,000
~$63/hr · ~$10,833/mo
US Jobs
34K
Much faster than average
AI & Automation Risk
8/10
High Risk

AI & Automation Risk

High Risk 8/10

Actuarial work is fundamentally digital, involving the analysis of large datasets, statistical modeling, and financial forecasting—all areas where AI and machine learning excel. While the profession requires high-level human judgment and the ability to explain complex risks to stakeholders, the core technical tasks of data compilation and probability estimation are highly susceptible to automation and significant productivity gains through AI.

Salary by City — What You Actually Take Home

Real purchasing power = salary adjusted for cost of living. Higher = more money in your pocket.

CityLocal SalaryCost of LivingReal Purchasing Power
Bridgeport-Stamford-Danbury, CT Metropolitan Statistical AreaBEST VALUE$194,130Above avg (107.0)$181,411
Las Vegas-Henderson-North Las Vegas, NV$163,350Average (98.3)$166,199
Hartford-West Hartford-East Hartford, CT$166,800Above avg (103.3)$161,482
San Francisco-Oakland-Fremont, CA$175,330Above avg (117.6)$149,152
Birmingham, AL$132,840Below avg (91.8)$144,761
Raleigh-Cary, NC$142,180Average (98.4)$144,558
New York-Newark-Jersey City, NY-NJ$161,460Above avg (112.6)$143,335
Fort Wayne, IN$128,290Below avg (89.7)$142,945
Columbia, SC$133,060Below avg (93.2)$142,733
Waterbury-Shelton, CT$143,430Average (101.0)$142,038
Kansas City, MO-KS$131,680Below avg (93.2)$141,283
Madison, WI$135,330Below avg (95.9)$141,066
Des Moines-West Des Moines, IA$130,540Below avg (92.8)$140,741
Milwaukee-Waukesha, WI$132,010Below avg (95.7)$137,982
Salt Lake City-Murray, UT$132,720Average (97.1)$136,621
Cost of Living Index: 100 = US national average. Below 100 = cheaper. Above 100 = more expensive.

Education & Requirements

Education Required
Bachelor's degree
10-Year Growth
+22% (Much faster than average)
Hourly Rate
~$63/hr
Monthly Income
~$10,833/mo

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Data: Bureau of Labor Statistics OOH (2024)