Massachusetts Median
$126,040
per year
Hourly Rate
$60.60
based on 2,080 hrs/yr
vs National
-3% vs US median
US median $130,000
State Rank
#20 of 36
state estimate
How much does an Actuary make in Massachusetts?
Actuaries in Massachusetts take home a median of $126,040 annually — roughly $60.60 an hour — which runs 3% below the national median of $130,000.
Within Massachusetts, entry-level pay starts around $83,660 while the top 10% make $179,750 or more. The middle 50% of earners fall between $97,860 and $165,040 a year.
Actuary salary range in Massachusetts
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $83,660 | $40.22 |
|
| 25th percentile (early career) | $97,860 | $47.05 |
|
| 50th percentile (median) | $126,040 | $60.60 |
|
| 75th percentile (experienced) | $165,040 | $79.35 |
|
| 90th percentile (top earners) | $179,750 | $86.42 |
|
How Massachusetts compares
Massachusetts ranks 20th 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 $128,100Maryland $126,950Pennsylvania $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 Massachusetts
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 Massachusetts pay ($126,040) 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 Massachusetts?
The median Actuary salary in Massachusetts is $126,040 per year, or about $60.60 per hour, per official BLS state wage estimates. Salaries typically range from $83,660 at the entry level to $179,750 for the top 10% of earners.
How does Massachusetts pay compare to the national average?
Massachusetts pays Actuaries about 3% less than the national median of $130,000. Massachusetts ranks 20th out of 36 states and territories reporting this occupation.
Is Massachusetts a good state for Actuaries?
Pay runs below the national median here, at $126,040 a year. 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 Massachusetts?
The highest-paying occupations in Massachusetts include Radiologist ($426,560), Orthopedic Surgeon, Except Pediatric ($392,300), Surgeon, All Other ($387,150), 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.