Business & Finance California (CA) Rank #3 of 50

Actuary Salary in California

The median actuary salary in California is $157,306 per year, which is 38.0% above the national median of $113,990.

Median Salary
$157,306
vs National
+$43,316
State Rank
#3 of 50
Cost of Living
138%

Actuary Salary Overview in California (2026)

California ranks #3 out of 50 states for actuary compensation. This places California in the top tier nationally, making it one of the best states for actuarys seeking high pay. At $157,306 per year, actuarys in California earn $43,316 more than the national median of $113,990.

It's worth noting that California's cost of living is 138% of the national average, which reduces the real purchasing power of the $157,306 salary. After adjusting for cost of living, the effective salary is closer to $113,990.

The salary spread in California is significant: actuarys at the 10th percentile earn $94,392, while those at the 90th percentile bring home $270,494 — a $176,102 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in California for this role is San Francisco, where the median reaches $207,462.

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in California and beyond.

Actuary Salary in California by Experience

In California, an entry-level actuary earns around $96,600, while experienced professionals earn up to $241,500 per year. The cost of living index in California is 138% of the national average.

Entry Level (0-2 yrs)
$96,600
+$26,600 vs national
Mid Level (3-7 yrs)
$158,700
+$43,700 vs national
Senior Level (8+ yrs)
$241,500
+$66,500 vs national

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Salary Percentiles in California

Percentile CA Salary
10th Percentile $94,392
25th Percentile $120,336
Median (50th) $157,306
75th Percentile $208,380
90th Percentile $270,494

Actuary Salary by City in California

The largest employment areas for actuarys in California include Los Angeles, San Francisco, San Diego, and San Jose. Salaries vary by city based on local cost of living and demand.

How to Become a Actuary in California

Education

Most actuary positions require a bachelor's degree. California has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in California

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). California's demand may vary based on local industry trends.

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Frequently Asked Questions: Actuary Salary in California

How much does a Actuary make in California? ▼
The median actuary salary in California is $157,306 per year, which is 38.0% above the national median of $113,990. Salaries range from $94,392 (10th percentile) to $270,494 (90th percentile).
How much does a Actuary make per hour in California? ▼
Based on the median annual salary of $157,306, a actuary in California earns approximately $76 per hour assuming a standard 2,080-hour work year.
Is California a good state for actuarys? ▼
California ranks #3 out of 50 states for actuary pay. The cost of living index is 138% of the national average. Entry-level actuarys earn $96,600, while senior professionals earn $241,500.
How does California compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. California's median of $157,306 ranks #3 nationally. Nearby-ranked states include Hawaii ($193,783) and Massachusetts ($161,866).
What is the entry-level actuary salary in California? ▼
An entry-level actuary in California earns approximately $96,600 per year. With 3-7 years of experience, pay increases to around $158,700. Senior-level professionals with 8+ years earn up to $241,500.
What city in California pays actuarys the most? ▼
San Francisco is the highest paying city in California for actuarys, with a median salary of $207,462. Other cities include Los Angeles and San Diego.