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 (106.9)$181,661
Las Vegas-Henderson-North Las Vegas, NV$163,350Average (100.2)$163,000
Hartford-West Hartford-East Hartford, CT$166,800Average (102.7)$162,342
San Francisco-Oakland-Fremont, CA$175,330Above avg (115.6)$151,652
Birmingham, AL$132,840Below avg (91.6)$144,952
Raleigh-Cary, NC$142,180Average (98.2)$144,850
Waterbury-Shelton, CT$143,430Average (99.8)$143,749
New York-Newark-Jersey City, NY-NJ$161,460Above avg (112.6)$143,440
Des Moines-West Des Moines, IA$130,540Below avg (91.7)$142,354
Kansas City, MO-KS$131,680Below avg (92.5)$142,291
Columbia, SC$133,060Below avg (93.7)$142,064
Madison, WI$135,330Average (97.3)$139,104
Fort Wayne, IN$128,290Below avg (92.6)$138,584
Milwaukee-Waukesha, WI$132,010Below avg (96.9)$136,181
St. Louis, MO-IL$129,360Below avg (95.1)$136,042
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)