Business & Finance Michigan (MI) Rank #36 of 50

Actuary Salary in Michigan

The median actuary salary in Michigan is $102,591 per year, which is 10% below the national median of $113,990.

Median Salary

$102,591

vs National

$-11,399

State Rank

#36 of 50

Cost of Living

90%

Actuary Salary in Michigan by Experience

In Michigan, an entry-level actuary earns around $63,000, while experienced professionals earn up to $157,500 per year. The cost of living index in Michigan is 90% of the national average.

Entry Level (0-2 yrs)

$63,000

$-7,000 vs national

Mid Level (3-7 yrs)

$103,500

$-11,500 vs national

Senior Level (8+ yrs)

$157,500

$-17,500 vs national

Salary Percentiles in Michigan

Percentile	MI Salary	National	Difference
10th Percentile	$61,560	$68,400	$-6,840
25th Percentile	$78,480	$87,200	$-8,720
Median (50th)	$102,591	$113,990	$-11,399
75th Percentile	$135,900	$151,000	$-15,100
90th Percentile	$176,409	$196,010	$-19,601

Major Cities for Actuarys in Michigan

The largest employment areas for actuarys in Michigan include Detroit, Grand Rapids, Ann Arbor, and Warren. Salaries in major metro areas may be higher due to increased demand and cost of living.

Detroit, MI