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Actuary Salary in Bangor, Maine
The median actuary salary in Bangor, ME is $104,871 per year, which is 8% below the national median and 6.1% below the Maine state average.
City Median
$104,871
vs State Avg
$-6,839
vs National
$-9,119
Cost of Living
92%
Actuary Salary in Bangor by Experience
In Bangor, an entry-level actuary earns around $64,400, while experienced professionals earn up to $161,000 per year. The local cost of living index is 92% of the national average.
Entry Level (0-2 yrs)
$64,400
$-5,600 vs national
Mid Level (3-7 yrs)
$105,800
$-9,200 vs national
Senior Level (8+ yrs)
$161,000
$-14,000 vs national
Salary Percentiles in Bangor, ME
| Percentile | Bangor |
|---|---|
| 10th Percentile | $62,928 |
| 25th Percentile | $80,224 |
| Median (50th) | $104,871 |
| 75th Percentile | $138,920 |
| 90th Percentile | $180,329 |
Actuary Salary in Other Maine Cities
How to Become a Actuary in Bangor
Education
Most actuary positions require a bachelor's degree. Bangor 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 Bangor may vary based on local industry and population growth.
Find Actuary Jobs in Bangor
Browse open actuary positions in Bangor, ME:
Frequently Asked Questions: Actuary Salary in Bangor
How much does a Actuary make in Bangor, ME? ▼
The median actuary salary in Bangor, Maine is $104,871 per year, which is 8% below the national median of $113,990. Salaries range from $62,928 (10th percentile) to $180,329 (90th percentile).
How much does a Actuary make per hour in Bangor? ▼
Based on the median annual salary of $104,871, a actuary in Bangor earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Bangor compare to the Maine state average for actuary pay? ▼
Bangor's median actuary salary of $104,871 is 6.1% below the Maine state average of $111,710. The local cost of living index is 92% of the national average.
What is the cost of living in Bangor, ME? ▼
Bangor has a cost of living index of 92% compared to the national average. This means a actuary salary of $104,871 in Bangor has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Bangor? ▼
Most actuary positions in Bangor 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.