Actuary Salary in Springfield, Massachusetts
The median actuary salary in Springfield, MA is $119,690 per year, which is 5.0% above the national median and 26.1% below the Massachusetts state average.
Actuary Pay in Springfield: What to Expect (2026)
Springfield offers a median actuary salary of $119,690, which is $42,176 below the Massachusetts state average of $161,866. Compared to the national median of $113,990, Springfield pays above average for this role.
Springfield's cost of living is 98% 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 Springfield 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. With a population of 155,929, Springfield is a mid-sized metro with a growing job market.
Actuary Salary in Springfield by Experience
In Springfield, 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 98% of the national average.
Salary Percentiles in Springfield, MA
| Percentile | Springfield |
|---|---|
| 10th Percentile | $71,820 |
| 25th Percentile | $91,560 |
| Median (50th) | $119,690 |
| 75th Percentile | $158,550 |
| 90th Percentile | $205,811 |
Actuary Salary in Other Massachusetts Cities
How to Become a Actuary in Springfield
Education
Most actuary positions require a bachelor's degree. Springfield and the surrounding Massachusetts 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 Springfield may vary based on local industry and population growth.
Find Actuary Jobs in Springfield
Browse open actuary positions in Springfield, MA: