Business & Finance Waldorf, MD Pop. 77,000

Actuary Salary in Waldorf, Maryland

The median actuary salary in Waldorf, MD is $125,389 per year, which is 10.0% above the national median and 4.3% below the Maryland state average.

City Median
$125,389
vs State Avg
$-5,700
vs National
+$11,399
Cost of Living
105%

Actuary Salary in Waldorf by Experience

In Waldorf, an entry-level actuary earns around $77,000, while experienced professionals earn up to $192,500 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$77,000
+$7,000 vs national
Mid Level (3-7 yrs)
$126,500
+$11,500 vs national
Senior Level (8+ yrs)
$192,500
+$17,500 vs national

Salary Percentiles in Waldorf, MD

Percentile Waldorf
10th Percentile $75,240
25th Percentile $95,920
Median (50th) $125,389
75th Percentile $166,100
90th Percentile $215,611

Actuary Salary in Other Maryland Cities

Silver Spring, MD
$144,767
Pop. 81,015
Columbia, MD
$140,208
Pop. 104,681
Germantown, MD
$136,788
Pop. 90,676
Baltimore, MD
$128,809
Pop. 585,708

How to Become a Actuary in Waldorf

Education

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

Find Actuary Jobs in Waldorf

Browse open actuary positions in Waldorf, MD:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Actuary Salary in Waldorf

How much does a Actuary make in Waldorf, MD? ▼
The median actuary salary in Waldorf, Maryland is $125,389 per year, which is 10.0% above the national median of $113,990. Salaries range from $75,240 (10th percentile) to $215,611 (90th percentile).
How much does a Actuary make per hour in Waldorf? ▼
Based on the median annual salary of $125,389, a actuary in Waldorf earns approximately $60 per hour assuming a standard 2,080-hour work year.
How does Waldorf compare to the Maryland state average for actuary pay? ▼
Waldorf's median actuary salary of $125,389 is 4.3% below the Maryland state average of $131,089. The local cost of living index is 105% of the national average.
What is the cost of living in Waldorf, MD? ▼
Waldorf has a cost of living index of 105% compared to the national average. This means a actuary salary of $125,389 in Waldorf has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Waldorf? ▼
Most actuary positions in Waldorf 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.