The annual salary statistics of actuaries in Miami-Fort Lauderdale-Pompano Beach, Florida is shown in Table 1. The wage information of actuaries in Miami-Fort Lauderdale-Pompano Beach is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $70,990 |
| 25th Percentile Wage | $87,940 |
| 50th Percentile Wage | $121,980 |
| 75th Percentile Wage | $157,400 |
| 90th Percentile Wage | $197,240 |
Table 1 shows the average annual salary for actuaries in Miami-Fort Lauderdale-Pompano Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $197,240. The median (50th percentile) annual salary is $121,980. The average annual salary for the bottom 10 percent earners is $70,990.
The table and chart below show the trend of the median salary of actuaries from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $121,980 | 14.95% | 21.58% |
| 2021 | $103,750 | 4.82% | - |
| 2020 | $98,750 | -7.09% | - |
| 2019 | $105,750 | 0.34% | - |
| 2018 | $105,390 | 0.21% | - |
| 2017 | $105,170 | 9.75% | - |
| 2016 | $94,920 | 5.18% | - |
| 2015 | $90,000 | 2.20% | - |
| 2014 | $88,020 | -1.19% | - |
| 2013 | $89,070 | -7.40% | - |
| 2012 | $95,660 | - | - |
From Table 3 we note that with a median annual salary of $121,980, Miami-Fort Lauderdale-Pompano Beach is the second highest paying city for actuaries in state of Florida, following the highest paying city Orlando-Kissimmee-Sanford (median annual salary of $131,530). Compared with Orlando-Kissimmee-Sanford, the median annual salary of actuaries in Miami-Fort Lauderdale-Pompano Beach is 7.3 percent (7.3%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Orlando-Kissimmee-Sanford | |
| Miami-Fort Lauderdale-Pompano Beach | |
| Tampa-St Petersburg-Clearwater | |
| West Palm Beach-Boca Raton-Boynton Beach | |
| Tallahassee | |
| Miami-Miami Beach-Kendall | |
| Jacksonville | |
| Fort Lauderdale-Pompano Beach-Deerfield Beach | |
| North Port-Bradenton-Sarasota |