Actuary Salary in Edison, New Jersey
The median actuary salary in Edison, NJ is $140,208 per year, which is 23.0% above the national median and 0.0% above the New Jersey state average.
Actuary Pay in Edison: What to Expect (2026)
Edison offers a median actuary salary of $140,208, which is $0 above the New Jersey state average of $140,208. Compared to the national median of $113,990, Edison pays above average for this role.
However, Edison's cost of living index is 115%, significantly above the national average. After adjusting for local costs, the $140,208 salary has an effective purchasing power of approximately $121,920. Housing, transportation, and food costs in Edison should be factored into any relocation or job-change decision.
The salary range for actuarys in Edison spans from $84,132 at the 10th percentile to $241,092 at the 90th percentile — a $156,960 spread. Entry-level professionals start around $86,100, while senior actuarys with 8+ years of experience can earn up to $215,250. With a population of 107,588, Edison is a mid-sized metro with a growing job market.
Actuary Salary in Edison by Experience
In Edison, an entry-level actuary earns around $86,100, while experienced professionals earn up to $215,250 per year. The local cost of living index is 115% of the national average.
Salary Percentiles in Edison, NJ
| Percentile | Edison |
|---|---|
| 10th Percentile | $84,132 |
| 25th Percentile | $107,256 |
| Median (50th) | $140,208 |
| 75th Percentile | $185,730 |
| 90th Percentile | $241,092 |
Actuary Salary in Other New Jersey Cities
How to Become a Actuary in Edison
Education
Most actuary positions require a bachelor's degree. Edison and the surrounding New Jersey 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 Edison may vary based on local industry and population growth.
Find Actuary Jobs in Edison
Browse open actuary positions in Edison, NJ: