Maryland Median
$126,950
per year
Hourly Rate
$61.03
based on 2,080 hrs/yr
vs National
-2% vs US median
US median $130,000
State Rank
#19 of 36
580 employed here
How much does an Actuary make in Maryland?
An Actuary working in Maryland earns a median salary of $126,950 per year, or about $61.03 per hour. That is 2% below the national median of $130,000 for this occupation.
Within Maryland, entry-level pay starts around $76,670 while the top 10% make $185,220 or more. The middle 50% of earners fall between $100,660 and $165,400 a year.
Actuary salary range in Maryland
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $76,670 | $36.86 |
|
| 25th percentile (early career) | $100,660 | $48.39 |
|
| 50th percentile (median) | $126,950 | $61.03 |
|
| 75th percentile (experienced) | $165,400 | $79.52 |
|
| 90th percentile (top earners) | $185,220 | $89.05 |
|
How Maryland compares
Maryland ranks 19th out of 36 states and territories for Actuary pay. The top 5 best-paying states:
Actuary salary in other states
Connecticut $166,800District of Columbia $166,230New York $156,480New Jersey $142,800Alabama $136,950Arizona $135,870Washington $134,720Utah $132,720Nevada $132,370Florida $132,110Virginia $131,900Wisconsin $131,640California $130,510Oregon $130,380Missouri $129,220North Carolina $128,730Iowa $128,690Minnesota $128,100Massachusetts $126,040Pennsylvania $125,040Kansas $125,010Colorado $120,440Kentucky $120,400Maine $119,620Illinois $115,430Rhode Island $111,090Ohio $110,980Oklahoma $109,760Tennessee $108,930Mississippi $106,210Texas $105,020Nebraska $102,790Indiana $100,690Michigan $100,640Louisiana $80,860
Working as an Actuary in Maryland
Nationally, about 27,000 people work as Actuaries in the United States. A bachelor's degree (about 4 years of college) is the standard entry requirement.
Considering a move? Compare Maryland pay ($126,950) against the highest-paying state above, and weigh the difference against housing and everyday costs — a smaller paycheck in a cheaper state can stretch further.
Frequently asked questions
How much does an Actuary make in Maryland?
The median Actuary salary in Maryland is $126,950 per year, or about $61.03 per hour, per official BLS state wage estimates. Salaries typically range from $76,670 at the entry level to $185,220 for the top 10% of earners.
How does Maryland pay compare to the national average?
Maryland pays Actuaries about 2% less than the national median of $130,000. Maryland ranks 19th out of 36 states and territories reporting this occupation.
Is Maryland a good state for Actuaries?
Pay runs below the national median here, at $126,950 a year. About 580 Actuaries are employed in Maryland. A lower cost of living can offset the smaller paycheck, so compare take-home value, not just salary.
What are the highest-paying jobs in Maryland?
The highest-paying occupations in Maryland include Radiologist ($581,510), Emergency Medicine Physician ($451,620), Dermatologist ($442,210), based on median annual pay in official BLS state estimates.
← See the national Actuary salary report
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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). State figures are official BLS state-level wage estimates. Where BLS suppresses a state percentile, it is scaled from the official national distribution. Individual pay varies by employer, metro area, and experience.