Business & Finance Hilo, HI
Pop. 45,703
Actuary Salary in Hilo, Hawaii
The median actuary salary in Hilo, HI is $173,265 per year, which is 52.0% above the national median and 10.6% below the Hawaii state average.
City Median
$173,265
vs State Avg
$-20,518
vs National
+$59,275
Cost of Living
152%
Actuary Salary in Hilo by Experience
In Hilo, an entry-level actuary earns around $106,400, while experienced professionals earn up to $266,000 per year. The local cost of living index is 152% of the national average.
Entry Level (0-2 yrs)
$106,400
+$36,400 vs national
Mid Level (3-7 yrs)
$174,800
+$59,800 vs national
Senior Level (8+ yrs)
$266,000
+$91,000 vs national
Salary Percentiles in Hilo, HI
| Percentile | Hilo |
|---|---|
| 10th Percentile | $103,968 |
| 25th Percentile | $132,544 |
| Median (50th) | $173,265 |
| 75th Percentile | $229,520 |
| 90th Percentile | $297,935 |
Actuary Salary in Other Hawaii Cities
How to Become a Actuary in Hilo
Education
Most actuary positions require a bachelor's degree. Hilo and the surrounding Hawaii 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 Hilo may vary based on local industry and population growth.