Business & Finance Middletown, DE Pop. 22,350

Actuary Salary in Middletown, Delaware

The median actuary salary in Middletown, DE is $117,410 per year, which is 3.0% above the national median and 2.8% below the Delaware state average.

City Median
$117,410
vs State Avg
$-3,419
vs National
+$3,420
Cost of Living
98%

Actuary Salary in Middletown by Experience

In Middletown, an entry-level actuary earns around $72,100, while experienced professionals earn up to $180,250 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$72,100
+$2,100 vs national
Mid Level (3-7 yrs)
$118,450
+$3,450 vs national
Senior Level (8+ yrs)
$180,250
+$5,250 vs national

Salary Percentiles in Middletown, DE

Percentile Middletown
10th Percentile $70,452
25th Percentile $89,816
Median (50th) $117,410
75th Percentile $155,530
90th Percentile $201,890

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
Dover, DE
$115,130
Pop. 39,403

How to Become a Actuary in Middletown

Education

Most actuary positions require a bachelor's degree. Middletown 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 Middletown may vary based on local industry and population growth.

Find Actuary Jobs in Middletown

Browse open actuary positions in Middletown, DE:

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Frequently Asked Questions: Actuary Salary in Middletown

How much does a Actuary make in Middletown, DE? ▼
The median actuary salary in Middletown, Delaware is $117,410 per year, which is 3.0% above the national median of $113,990. Salaries range from $70,452 (10th percentile) to $201,890 (90th percentile).
How much does a Actuary make per hour in Middletown? ▼
Based on the median annual salary of $117,410, a actuary in Middletown earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Middletown compare to the Delaware state average for actuary pay? ▼
Middletown's median actuary salary of $117,410 is 2.8% below the Delaware state average of $120,829. The local cost of living index is 98% of the national average.
What is the cost of living in Middletown, DE? ▼
Middletown has a cost of living index of 98% compared to the national average. This means a actuary salary of $117,410 in Middletown has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Middletown? ▼
Most actuary positions in Middletown require a bachelor's degree. Key skills include Statistical Modeling, Risk Assessment, Financial Mathematics, Excel/VBA. The job market is projected to grow 21% nationally over the next decade.