The salary statistics of actuaries in the industry sector of federal, state, and local government are shown in Table 1. In Table 2 we compare actuaries salaries in different industries within the federal, state, and local government sector.
Percentile Bracket | Average Annual Salary |
---|---|
10th Percentile Wage | $49,480 |
25th Percentile Wage | $69,840 |
50th Percentile Wage | $102,240 |
75th Percentile Wage | $133,700 |
90th Percentile Wage | $161,760 |
Table 1 shows the average annual salary for actuaries in the industry sector of federal, state, and local government. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) actuaries is $161,760. The median annual salary (50th percentile) is $102,240. The average annual salary for the bottom 10 percent paid actuaries is $49,480.
The table and chart below show the trend of the median salary of actuaries in the industry sector of federal, state, and local government from 2012 to 2018.
Year | Median Salary | Yearly Growth | 6-Year Growth |
---|---|---|---|
2018 | $102,240 | 3.34% | 8.23% |
2017 | $98,830 | 3.32% | - |
2016 | $95,550 | -0.18% | - |
2015 | $95,720 | 1.06% | - |
2014 | $94,710 | 4.45% | - |
2013 | $90,500 | -3.68% | - |
2012 | $93,830 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].