Business & Finance Auburn, ME Pop. 23,926

Actuary Salary in Auburn, Maine

The median actuary salary in Auburn, ME is $101,451 per year, which is 11% below the national median and 9.2% below the Maine state average.

City Median
$101,451
vs State Avg
$-10,259
vs National
$-12,539
Cost of Living
89%

Actuary Salary in Auburn by Experience

In Auburn, an entry-level actuary earns around $62,300, while experienced professionals earn up to $155,750 per year. The local cost of living index is 89% of the national average.

Entry Level (0-2 yrs)
$62,300
$-7,700 vs national
Mid Level (3-7 yrs)
$102,350
$-12,650 vs national
Senior Level (8+ yrs)
$155,750
$-19,250 vs national

Salary Percentiles in Auburn, ME

Percentile Auburn
10th Percentile $60,876
25th Percentile $77,608
Median (50th) $101,451
75th Percentile $134,390
90th Percentile $174,449

Actuary Salary in Other Maine Cities

How to Become a Actuary in Auburn

Education

Most actuary positions require a bachelor's degree. Auburn and the surrounding Maine 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 Auburn may vary based on local industry and population growth.