The annual salary statistics of actuaries in West Palm Beach-Boca Raton-Boynton Beach, Florida is shown in Table 1. The wage information of actuaries in West Palm Beach-Boca Raton-Boynton 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 | $58,110 |
| 25th Percentile Wage | $105,400 |
| 50th Percentile Wage | $113,930 |
| 75th Percentile Wage | $122,480 |
| 90th Percentile Wage | $127,610 |
Table 1 shows the average annual salary for actuaries in West Palm Beach-Boca Raton-Boynton Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $127,610. The median (50th percentile) annual salary is $113,930. The average annual salary for the bottom 10 percent earners is $58,110.
The table and chart below show the trend of the median salary of actuaries from 2012 to 2017. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $113,930 | 24.85% | 24.85% |
| 2012 | $85,620 | - | - |
From Table 3 we note that the median annual salary of $113,930 in West Palm Beach-Boca Raton-Boynton Beach is in the middle of salary range for actuaries in state of Florida. In comparison, the annual salary of actuaries in West Palm Beach-Boca Raton-Boynton Beach is 13.4 percent (13.4%) lower than that in the highest paying Orlando-Kissimmee-Sanford and 18.0 percent (18.0%) higher than that in the lowest paying North Port-Bradenton-Sarasota.
| 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 |