Business & Finance Ohio (OH) Rank #38 of 50

Actuary Salary in Ohio

The median actuary salary in Ohio 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
#38 of 50
Cost of Living
90%

Actuary Salary Overview in Ohio (2026)

Ohio ranks #38 out of 50 states for actuary compensation. Actuary salaries in Ohio are below the national median, though the lower cost of living can offset the difference. At $102,591 per year, actuarys in Ohio earn $11,399 less than the national median of $113,990.

A key advantage of working in Ohio is its below-average cost of living (90% of the national index). This means the $102,591 salary has the purchasing power of roughly $113,990 in an average-cost area.

The salary spread in Ohio is significant: actuarys at the 10th percentile earn $61,560, while those at the 90th percentile bring home $176,409 — a $114,849 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Ohio for this role is Columbus, where the median reaches $108,291.

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 Ohio and beyond.

Actuary Salary in Ohio by Experience

In Ohio, an entry-level actuary earns around $63,000, while experienced professionals earn up to $157,500 per year. The cost of living index in Ohio 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

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Salary Percentiles in Ohio

Percentile OH Salary
10th Percentile $61,560
25th Percentile $78,480
Median (50th) $102,591
75th Percentile $135,900
90th Percentile $176,409

Actuary Salary by City in Ohio

The largest employment areas for actuarys in Ohio include Columbus, Cleveland, Cincinnati, and Toledo. Salaries vary by city based on local cost of living and demand.

How to Become a Actuary in Ohio

Education

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

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Ohio

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

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Frequently Asked Questions: Actuary Salary in Ohio

How much does a Actuary make in Ohio? ▼
The median actuary salary in Ohio is $102,591 per year, which is 10% below the national median of $113,990. Salaries range from $61,560 (10th percentile) to $176,409 (90th percentile).
How much does a Actuary make per hour in Ohio? ▼
Based on the median annual salary of $102,591, a actuary in Ohio earns approximately $49 per hour assuming a standard 2,080-hour work year.
Is Ohio a good state for actuarys? ▼
Ohio ranks #38 out of 50 states for actuary pay. The cost of living index is 90% of the national average. Entry-level actuarys earn $63,000, while senior professionals earn $157,500.
How does Ohio compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. Ohio's median of $102,591 ranks #38 nationally. Nearby-ranked states include Michigan ($102,591) and North Dakota ($102,591).
What is the entry-level actuary salary in Ohio? ▼
An entry-level actuary in Ohio earns approximately $63,000 per year. With 3-7 years of experience, pay increases to around $103,500. Senior-level professionals with 8+ years earn up to $157,500.
What city in Ohio pays actuarys the most? ▼
Columbus is the highest paying city in Ohio for actuarys, with a median salary of $108,291. Other cities include Cleveland and Cincinnati.