The annual salary statistics of actuaries in Rochester, New York is shown in Table 1. The wage information of actuaries in Rochester 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 | $64,080 |
| 25th Percentile Wage | $96,300 |
| 50th Percentile Wage | $125,810 |
| 75th Percentile Wage | $169,230 |
| 90th Percentile Wage | $164,160 |
Table 1 shows the average annual salary for actuaries in Rochester, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $164,160. The median (50th percentile) annual salary is $125,810. The average annual salary for the bottom 10 percent earners is $64,080.
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 | $125,810 | 15.09% | 41.18% |
| 2021 | $106,830 | 7.94% | - |
| 2015 | $98,350 | 6.39% | - |
| 2014 | $92,070 | 7.10% | - |
| 2013 | $85,530 | 13.48% | - |
| 2012 | $74,000 | - | - |
From Table 3 we note that with a median annual salary of $125,810, Rochester is the second highest paying city for actuaries in state of New York, following the highest paying city New York-Northern New Jersey-Long Island (median annual salary of $137,090). Compared with New York-Northern New Jersey-Long Island, the median annual salary of actuaries in Rochester is 8.2 percent (8.2%) lower.
| 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 |