The annual salary statistics of actuaries in Cincinnati-Middletown, Ohio is shown in Table 1. The wage data of actuaries in Cincinnati-Middletown 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 | $63,400 |
| 25th Percentile Wage | $75,740 |
| 50th Percentile Wage | $100,210 |
| 75th Percentile Wage | $140,340 |
| 90th Percentile Wage | $164,020 |
Table 1 shows the average annual salary for actuaries in Cincinnati-Middletown, Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $164,020. The median (50th percentile) annual salary is $100,210. The average annual salary for the bottom 10 percent earners is $63,400.
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 | $100,210 | 0.62% | 11.13% |
| 2021 | $99,590 | 12.79% | - |
| 2020 | $86,850 | -17.73% | - |
| 2019 | $102,250 | 1.70% | - |
| 2018 | $100,510 | 2.36% | - |
| 2017 | $98,140 | 7.15% | - |
| 2016 | $91,120 | -3.56% | - |
| 2015 | $94,360 | 1.18% | - |
| 2014 | $93,250 | 0.30% | - |
| 2013 | $92,970 | 4.21% | - |
| 2012 | $89,060 | - | - |
From Table 3 we note that the median annual salary of $100,210 in Cincinnati-Middletown is in the middle of salary range for actuaries in state of Ohio. In comparison, the annual salary of actuaries in Cincinnati-Middletown is 4.2 percent (4.2%) lower than that in the highest paying Columbus and 1.3 percent (1.3%) higher than that in the lowest paying Akron.
| Cities/Areas | Median Annual Salary |
|---|---|
| Columbus | |
| Dayton | |
| Cleveland-Elyria-Mentor | |
| Cincinnati-Middletown | |
| Akron |