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Job outlook for actuaries in the United States
Are actuary jobs in demand?
Yes, actuary jobs are in demand. Actuary demand is projected to grow 21% from 2018 to 2028.
Actuary job and salary trends over time
Compare the number of actuary jobs and the average actuary salary over time.
Actuary jobs over time
Actuary job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 2,491 | 0.00% |
| 2020 | 2,430 | 0.00% |
| 2019 | 2,406 | 0.00% |
| 2018 | 2,244 | 0.00% |
| 2017 | 2,077 | 0.00% |
Average actuary salary over time
Actuary salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $88,255 | $42.43 | +2.5% |
| 2025 | $86,124 | $41.41 | +5.3% |
| 2024 | $81,776 | $39.32 | +1.3% |
| 2023 | $80,727 | $38.81 | +0.9% |
| 2022 | $79,972 | $38.45 | +3.6% |
Actuary jobs by state
The map below shows you the number of actuary job openings in each state. The darker areas on the map show where actuaries earn the highest salaries across all 50 states.
Average salary: Job openings:
Most common states for actuaries
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | New York | 19,849,399 | 104 | 1% |
| 2 | Connecticut | 3,588,184 | 51 | 1% |
| 3 | New Jersey | 9,005,644 | 49 | 1% |
| 4 | Minnesota | 5,576,606 | 42 | 1% |
| 5 | Wisconsin | 5,795,483 | 34 | 1% |
| 6 | Iowa | 3,145,711 | 25 | 1% |
| 7 | Oregon | 4,142,776 | 25 | 1% |
| 8 | Nebraska | 1,920,076 | 14 | 1% |
| 9 | Delaware | 961,939 | 7 | 1% |
| 10 | Montana | 1,050,493 | 6 | 1% |
| 11 | Vermont | 623,657 | 5 | 1% |
| 12 | Alaska | 739,795 | 5 | 1% |
| 13 | South Dakota | 869,666 | 5 | 1% |
| 14 | North Dakota | 755,393 | 4 | 1% |
| 15 | District of Columbia | 693,972 | 4 | 1% |
| 16 | Wyoming | 579,315 | 4 | 1% |
| 17 | Massachusetts | 6,859,819 | 24 | 0% |
| 18 | Maine | 1,335,907 | 6 | 0% |
| 19 | New Hampshire | 1,342,795 | 5 | 0% |
| 20 | Rhode Island | 1,059,639 | 4 | 0% |
Most common cities for actuaries
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Dover | 3 | 8% | $105,056 |
| 2 | Hartford | 6 | 5% | $107,566 |
| 3 | Portland | 3 | 4% | $105,380 |
| 4 | Bethesda | 2 | 3% | $96,016 |
| 5 | Atlanta | 10 | 2% | $76,879 |
| 6 | Carmel | 2 | 2% | $79,102 |
| 7 | Boston | 7 | 1% | $103,381 |
| 8 | Minneapolis | 6 | 1% | $80,131 |
| 9 | Denver | 5 | 1% | $85,315 |
| 10 | Des Moines | 3 | 1% | $83,596 |
| 11 | Birmingham | 2 | 1% | $85,749 |
| 12 | Bridgeport | 2 | 1% | $107,523 |
| 13 | Cleveland | 2 | 1% | $70,938 |
| 14 | New York | 8 | 0% | $114,375 |
| 15 | Chicago | 6 | 0% | $82,684 |
| 16 | Indianapolis | 4 | 0% | $78,763 |
| 17 | Phoenix | 4 | 0% | $81,044 |
| 18 | Philadelphia | 3 | 0% | $87,162 |