The annual salary statistics of actuaries in Chicago-Joliet-Naperville (IL-IN-WI Area), Illinois is shown in Table 1. The wage statistics of actuaries in Chicago-Joliet-Naperville (IL-IN-WI Area) 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 | $78,960 |
| 25th Percentile Wage | $86,080 |
| 50th Percentile Wage | $107,690 |
| 75th Percentile Wage | $163,220 |
| 90th Percentile Wage | $215,480 |
Table 1 shows the average annual salary for actuaries in Chicago-Joliet-Naperville (IL-IN-WI Area), Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $215,480. The median (50th percentile) annual salary is $107,690. The average annual salary for the bottom 10 percent earners is $78,960.
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 | $107,690 | 4.92% | 16.66% |
| 2021 | $102,390 | -3.40% | - |
| 2020 | $105,870 | 2.99% | - |
| 2019 | $102,700 | 9.54% | - |
| 2018 | $92,900 | -6.79% | - |
| 2017 | $99,210 | 4.97% | - |
| 2016 | $94,280 | 10.10% | - |
| 2015 | $84,760 | -6.90% | - |
| 2014 | $90,610 | 0.75% | - |
| 2013 | $89,930 | 0.20% | - |
| 2012 | $89,750 | - | - |
From Table 3 we note that with a median annual salary of $107,690, Chicago-Joliet-Naperville (IL-IN-WI Area) is the second highest paying city for actuaries in state of Illinois, following the highest paying city Bloomington (median annual salary of $120,180). Compared with Bloomington, the median annual salary of actuaries in Chicago-Joliet-Naperville (IL-IN-WI Area) is 10.4 percent (10.4%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Bloomington | |
| Chicago-Joliet-Naperville (IL-IN-WI Area) | |
| Springfield | |
| Chicago-Joliet-Naperville (IL Metropolitan Division) | |
| Bloomington-Normal |