The annual salary statistics of actuaries in New York-Northern New Jersey-Long Island, New York is shown in Table 1. The wage data of actuaries in New York-Northern New Jersey-Long Island 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 | $82,050 |
| 25th Percentile Wage | $102,720 |
| 50th Percentile Wage | $137,090 |
| 75th Percentile Wage | $176,590 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for actuaries in New York-Northern New Jersey-Long Island, New York in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $176,590. The median (50th percentile) annual salary is $137,090. The average annual salary for the bottom 10 percent earners is $82,050.
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 | $137,090 | 5.32% | 19.52% |
| 2021 | $129,800 | -0.43% | - |
| 2020 | $130,360 | 0.20% | - |
| 2019 | $130,100 | 0.24% | - |
| 2018 | $129,790 | 5.91% | - |
| 2017 | $122,120 | 2.06% | - |
| 2016 | $119,610 | 7.09% | - |
| 2015 | $111,130 | -2.86% | - |
| 2014 | $114,310 | 2.83% | - |
| 2013 | $111,080 | 0.68% | - |
| 2012 | $110,330 | - | - |
From Table 3 we note that with a median annual salary of $137,090, New York-Northern New Jersey-Long Island is the highest paying city for actuaries in state of New York, followed by Rochester (median annual salary $125,810). In comparison, the median annual salary of actuaries in New York-Northern New Jersey-Long Island is 8.2 percent (8.2%) higher than that in Rochester.
| Cities/Areas | Median Annual Salary |
|---|---|
| New York-Northern New Jersey-Long Island | |
| Rochester | |
| New York-White Plains-Wayne | |
| Utica-Rome | |
| Albany-Schenectady-Troy | |
| Buffalo-Niagara Falls | |
| Nassau-Suffolk | |
| Syracuse |