Business & Finance New York (NY) Rank #4 of 50

Actuary Salary in New York

The median actuary salary in New York is $152,747 per year, which is 34.0% above the national median of $113,990.

Median Salary
$152,747
vs National
+$38,757
State Rank
#4 of 50
Cost of Living
122%

Actuary Salary Overview in New York (2026)

New York ranks #4 out of 50 states for actuary compensation. This places New York in the top tier nationally, making it one of the best states for actuarys seeking high pay. At $152,747 per year, actuarys in New York earn $38,757 more than the national median of $113,990.

It's worth noting that New York's cost of living is 122% of the national average, which reduces the real purchasing power of the $152,747 salary. After adjusting for cost of living, the effective salary is closer to $125,202.

The salary spread in New York is significant: actuarys at the 10th percentile earn $91,656, while those at the 90th percentile bring home $262,653 — a $170,997 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in New York for this role is New York City, where the median reaches $226,840.

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in New York and beyond.

Actuary Salary in New York by Experience

In New York, an entry-level actuary earns around $93,800, while experienced professionals earn up to $234,500 per year. The cost of living index in New York is 122% of the national average.

Entry Level (0-2 yrs)
$93,800
+$23,800 vs national
Mid Level (3-7 yrs)
$154,100
+$39,100 vs national
Senior Level (8+ yrs)
$234,500
+$59,500 vs national

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Salary Percentiles in New York

Percentile NY Salary
10th Percentile $91,656
25th Percentile $116,848
Median (50th) $152,747
75th Percentile $202,340
90th Percentile $262,653

Actuary Salary by City in New York

The largest employment areas for actuarys in New York include New York City, Buffalo, Rochester, and Yonkers. Salaries vary by city based on local cost of living and demand.

How to Become a Actuary in New York

Education

Most actuary positions require a bachelor's degree. New York has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in New York

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). New York's demand may vary based on local industry trends.

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Frequently Asked Questions: Actuary Salary in New York

How much does a Actuary make in New York? ▼
The median actuary salary in New York is $152,747 per year, which is 34.0% above the national median of $113,990. Salaries range from $91,656 (10th percentile) to $262,653 (90th percentile).
How much does a Actuary make per hour in New York? ▼
Based on the median annual salary of $152,747, a actuary in New York earns approximately $73 per hour assuming a standard 2,080-hour work year.
Is New York a good state for actuarys? ▼
New York ranks #4 out of 50 states for actuary pay. The cost of living index is 122% of the national average. Entry-level actuarys earn $93,800, while senior professionals earn $234,500.
How does New York compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. New York's median of $152,747 ranks #4 nationally. Nearby-ranked states include Massachusetts ($161,866) and California ($157,306).
What is the entry-level actuary salary in New York? ▼
An entry-level actuary in New York earns approximately $93,800 per year. With 3-7 years of experience, pay increases to around $154,100. Senior-level professionals with 8+ years earn up to $234,500.
What city in New York pays actuarys the most? ▼
New York City is the highest paying city in New York for actuarys, with a median salary of $226,840. Other cities include Buffalo and Rochester.