The annual salary statistics of actuaries in Indianapolis-Carmel, Indiana is shown in Table 1. The wage information of actuaries in Indianapolis-Carmel 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 | $70,530 |
| 25th Percentile Wage | $73,640 |
| 50th Percentile Wage | $107,980 |
| 75th Percentile Wage | $137,020 |
| 90th Percentile Wage | $168,240 |
Table 1 shows the average annual salary for actuaries in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $168,240. The median (50th percentile) annual salary is $107,980. The average annual salary for the bottom 10 percent earners is $70,530.
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 | $107,980 | -11.79% | 19.69% |
| 2021 | $120,710 | 16.08% | - |
| 2020 | $101,300 | 1.91% | - |
| 2019 | $99,370 | 5.93% | - |
| 2018 | $93,480 | -3.74% | - |
| 2017 | $96,980 | 6.24% | - |
| 2016 | $90,930 | 0.09% | - |
| 2015 | $90,850 | 4.18% | - |
| 2014 | $87,050 | -0.37% | - |
| 2013 | $87,370 | 0.74% | - |
| 2012 | $86,720 | - | - |
From Table 3 we note that with a median annual salary of $107,980, Indianapolis-Carmel is the second highest paying city for actuaries in state of Indiana, following the highest paying city Fort Wayne (median annual salary of $113,810). Compared with Fort Wayne, the median annual salary of actuaries in Indianapolis-Carmel is 5.1 percent (5.1%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Fort Wayne | |
| Indianapolis-Carmel |