Business & Finance Colorado (CO) Rank #15 of 50

Actuary Salary in Colorado

The median actuary salary in Colorado is $119,690 per year, which is 5.0% above the national median of $113,990.

Median Salary
$119,690
vs National
+$5,700
State Rank
#15 of 50
Cost of Living
105%

Actuary Salary Overview in Colorado (2026)

Colorado ranks #15 out of 50 states for actuary compensation. Colorado falls in the middle of the pack for actuary pay, offering salaries near the national average. At $119,690 per year, actuarys in Colorado earn $5,700 more than the national median of $113,990.

Colorado's cost of living is near the national average at 105%, meaning actuary salaries here translate closely to their face value in purchasing power.

The salary spread in Colorado is significant: actuarys at the 10th percentile earn $71,820, while those at the 90th percentile bring home $205,811 — a $133,991 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Colorado for this role is Boulder, where the median reaches $145,907.

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 Colorado and beyond.

Actuary Salary in Colorado by Experience

In Colorado, an entry-level actuary earns around $73,500, while experienced professionals earn up to $183,750 per year. The cost of living index in Colorado is 105% of the national average.

Entry Level (0-2 yrs)
$73,500
+$3,500 vs national
Mid Level (3-7 yrs)
$120,750
+$5,750 vs national
Senior Level (8+ yrs)
$183,750
+$8,750 vs national

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Salary Percentiles in Colorado

Percentile CO Salary
10th Percentile $71,820
25th Percentile $91,560
Median (50th) $119,690
75th Percentile $158,550
90th Percentile $205,811

Actuary Salary by City in Colorado

The largest employment areas for actuarys in Colorado include Denver, Colorado Springs, Aurora, and Fort Collins. Salaries vary by city based on local cost of living and demand.

How to Become a Actuary in Colorado

Education

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

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Colorado

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

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Frequently Asked Questions: Actuary Salary in Colorado

How much does a Actuary make in Colorado? ▼
The median actuary salary in Colorado is $119,690 per year, which is 5.0% above the national median of $113,990. Salaries range from $71,820 (10th percentile) to $205,811 (90th percentile).
How much does a Actuary make per hour in Colorado? ▼
Based on the median annual salary of $119,690, a actuary in Colorado earns approximately $58 per hour assuming a standard 2,080-hour work year.
Is Colorado a good state for actuarys? ▼
Colorado ranks #15 out of 50 states for actuary pay. The cost of living index is 105% of the national average. Entry-level actuarys earn $73,500, while senior professionals earn $183,750.
How does Colorado compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. Colorado's median of $119,690 ranks #15 nationally. Nearby-ranked states include Rhode Island ($121,969) and Delaware ($120,829).
What is the entry-level actuary salary in Colorado? ▼
An entry-level actuary in Colorado earns approximately $73,500 per year. With 3-7 years of experience, pay increases to around $120,750. Senior-level professionals with 8+ years earn up to $183,750.
What city in Colorado pays actuarys the most? ▼
Boulder is the highest paying city in Colorado for actuarys, with a median salary of $145,907. Other cities include Denver and Colorado Springs.