Actuary Salary in Carmel, Indiana
The median actuary salary in Carmel, IN is $119,690 per year, which is 5.0% above the national median and 16.7% above the Indiana state average.
Actuary Pay in Carmel: What to Expect (2026)
Carmel offers a median actuary salary of $119,690, which is $17,099 above the Indiana state average of $102,591. Compared to the national median of $113,990, Carmel pays above average for this role.
Carmel's cost of living is 105% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for actuarys in Carmel spans from $71,820 at the 10th percentile to $205,811 at the 90th percentile — a $133,991 spread. Entry-level professionals start around $73,500, while senior actuarys with 8+ years of experience can earn up to $183,750. Carmel is a smaller market (pop. 99,757), which may mean fewer openings but also less competition for available positions.
Actuary Salary in Carmel by Experience
In Carmel, an entry-level actuary earns around $73,500, while experienced professionals earn up to $183,750 per year. The local cost of living index is 105% of the national average.
Salary Percentiles in Carmel, IN
| Percentile | Carmel |
|---|---|
| 10th Percentile | $71,820 |
| 25th Percentile | $91,560 |
| Median (50th) | $119,690 |
| 75th Percentile | $158,550 |
| 90th Percentile | $205,811 |
Actuary Salary in Other Indiana Cities
How to Become a Actuary in Carmel
Education
Most actuary positions require a bachelor's degree. Carmel and the surrounding Indiana area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in Carmel may vary based on local industry and population growth.
Find Actuary Jobs in Carmel
Browse open actuary positions in Carmel, IN: