Business & Finance Akron, OH
Pop. 190,469
Actuary Salary in Akron, Ohio
The median actuary salary in Akron, OH is $95,752 per year, which is 16% below the national median and 6.7% below the Ohio state average.
City Median
$95,752
vs State Avg
$-6,839
vs National
$-18,238
Cost of Living
84%
Actuary Salary in Akron by Experience
In Akron, an entry-level actuary earns around $58,800, while experienced professionals earn up to $147,000 per year. The local cost of living index is 84% of the national average.
Entry Level (0-2 yrs)
$58,800
$-11,200 vs national
Mid Level (3-7 yrs)
$96,600
$-18,400 vs national
Senior Level (8+ yrs)
$147,000
$-28,000 vs national
Salary Percentiles in Akron, OH
| Percentile | Akron |
|---|---|
| 10th Percentile | $57,456 |
| 25th Percentile | $73,248 |
| Median (50th) | $95,752 |
| 75th Percentile | $126,840 |
| 90th Percentile | $164,648 |
Actuary Salary in Other Ohio Cities
How to Become a Actuary in Akron
Education
Most actuary positions require a bachelor's degree. Akron and the surrounding Ohio 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 Akron may vary based on local industry and population growth.