Actuary Salary in Maryland
The median actuary salary in Maryland is $131,089 per year, which is 15.0% above the national median of $113,990.
Actuary Salary in Maryland by Experience
In Maryland, an entry-level actuary earns around $80,500, while experienced professionals earn up to $201,250 per year. The cost of living index in Maryland is 110% of the national average.
Salary Percentiles in Maryland
| Percentile | MD Salary |
|---|---|
| 10th Percentile | $78,660 |
| 25th Percentile | $100,280 |
| Median (50th) | $131,089 |
| 75th Percentile | $173,650 |
| 90th Percentile | $225,412 |
Major Cities for Actuarys in Maryland
The largest employment areas for actuarys in Maryland include Baltimore, Columbia, Silver Spring, and Germantown. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Actuary in Maryland
Education
Most actuary positions require a bachelor's degree. Maryland has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Maryland
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Maryland's demand may vary based on local industry trends.