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Actuaries Salary Information in Pennsylvania

The average annual and hourly salaries for actuaries in the state of Pennsylvania are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of actuaries among Pennsylvania areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Actuaries in Pennsylvania

Percentile BracketAverage Annual Salary
10th Percentile Wage
$62,240
25th Percentile Wage
$79,940
50th Percentile Wage
$107,770
75th Percentile Wage
$146,030
90th Percentile Wage
$188,020

Table 1 shows the average annual salary for actuaries in Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $188,020. The median (50th percentile) annual salary is $107,770. The average annual salary for the bottom 10 percent is $62,240.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of actuaries from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$107,770
2.59% 6.26%
2016
$104,980
3.11% -
2015
$101,710
-0.11% -
2014
$101,820
1.84% -
2013
$99,950
-1.07% -
2012
$101,020
- -

Table 3. Median Annual Salary of Actuaries in Pennsylvania Cities

Table 3 shows the median annual salary of actuaries in some Pennsylvania cities and metropolitan areas. We note that the median annual salary of actuaries in state of Pennsylvania ranges from $105,070 to $112,650. The highest paying area for actuaries in Pennsylvania is Philadelphia-Camden-Wilmington with a median annual salary of $112,650. The second highest paying city/area in Pennsylvania State is Allentown-Bethlehem-Easton (mean annual salary $107,590). The lowest paying area is Pittsburgh with a median annual salary of $105,070.

Cities/Areas Median Annual Salary
Philadelphia-Camden-Wilmington
$112,650
Allentown-Bethlehem-Easton
$107,590
Philadelphia
$107,150
Newark-Union
$106,430
Harrisburg-Carlisle
$105,360
Pittsburgh
$105,070




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