Business & Finance Jersey City, NJ
Pop. 292,449
Actuary Salary in Jersey City, New Jersey
The median actuary salary in Jersey City, NJ is $155,026 per year, which is 36.0% above the national median and 10.6% above the New Jersey state average.
City Median
$155,026
vs State Avg
+$14,818
vs National
+$41,036
Cost of Living
128%
Actuary Salary in Jersey City by Experience
In Jersey City, an entry-level actuary earns around $95,200, while experienced professionals earn up to $238,000 per year. The local cost of living index is 128% of the national average.
Entry Level (0-2 yrs)
$95,200
+$25,200 vs national
Mid Level (3-7 yrs)
$156,400
+$41,400 vs national
Senior Level (8+ yrs)
$238,000
+$63,000 vs national
Salary Percentiles in Jersey City, NJ
| Percentile | Jersey City |
|---|---|
| 10th Percentile | $93,024 |
| 25th Percentile | $118,592 |
| Median (50th) | $155,026 |
| 75th Percentile | $205,360 |
| 90th Percentile | $266,574 |
Actuary Salary in Other New Jersey Cities
How to Become a Actuary in Jersey City
Education
Most actuary positions require a bachelor's degree. Jersey City and the surrounding New Jersey 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 Jersey City may vary based on local industry and population growth.