Business & Finance Dover, DE Pop. 39,403

Actuary Salary in Dover, Delaware

The median actuary salary in Dover, DE is $115,130 per year, which is 1.0% above the national median and 4.7% below the Delaware state average.

City Median
$115,130
vs State Avg
$-5,699
vs National
+$1,140
Cost of Living
96%

Actuary Salary in Dover by Experience

In Dover, an entry-level actuary earns around $70,700, while experienced professionals earn up to $176,750 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$70,700
+$700 vs national
Mid Level (3-7 yrs)
$116,150
+$1,150 vs national
Senior Level (8+ yrs)
$176,750
+$1,750 vs national

Salary Percentiles in Dover, DE

Percentile Dover
10th Percentile $69,084
25th Percentile $88,072
Median (50th) $115,130
75th Percentile $152,510
90th Percentile $197,970

Actuary Salary in Other Delaware Cities

Wilmington, DE
$125,389
Pop. 70,898
Newark, DE
$121,969
Pop. 33,398
Bear, DE
$118,550
Pop. 21,000
Middletown, DE
$117,410
Pop. 22,350

How to Become a Actuary in Dover

Education

Most actuary positions require a bachelor's degree. Dover and the surrounding Delaware area have institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in Dover may vary based on local industry and population growth.