Business & Finance Toledo, OH Pop. 270,871

Actuary Salary in Toledo, Ohio

The median actuary salary in Toledo, OH is $93,472 per year, which is 18% below the national median and 8.9% below the Ohio state average.

City Median
$93,472
vs State Avg
$-9,119
vs National
$-20,518
Cost of Living
82%

Actuary Pay in Toledo: What to Expect (2026)

Toledo offers a median actuary salary of $93,472, which is $9,119 below the Ohio state average of $102,591. Compared to the national median of $113,990, Toledo pays below the national benchmark for this role.

One of Toledo's biggest advantages is its low cost of living at 82% of the national average. This means the $93,472 salary stretches further here — equivalent to roughly $113,990 in an average-cost city. This makes Toledo an attractive option for actuarys seeking strong real-dollar compensation.

The salary range for actuarys in Toledo spans from $56,088 at the 10th percentile to $160,728 at the 90th percentile — a $104,640 spread. Entry-level professionals start around $57,400, while senior actuarys with 8+ years of experience can earn up to $143,500. With a population of 270,871, Toledo is a mid-sized metro with a growing job market.

Actuary Salary in Toledo by Experience

In Toledo, an entry-level actuary earns around $57,400, while experienced professionals earn up to $143,500 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)
$57,400
$-12,600 vs national
Mid Level (3-7 yrs)
$94,300
$-20,700 vs national
Senior Level (8+ yrs)
$143,500
$-31,500 vs national

Salary Percentiles in Toledo, OH

Percentile Toledo
10th Percentile $56,088
25th Percentile $71,504
Median (50th) $93,472
75th Percentile $123,820
90th Percentile $160,728

Actuary Salary in Other Ohio Cities

How to Become a Actuary in Toledo

Education

Most actuary positions require a bachelor's degree. Toledo 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 Toledo may vary based on local industry and population growth.

Find Actuary Jobs in Toledo

Browse open actuary positions in Toledo, OH:

Frequently Asked Questions: Actuary Salary in Toledo

How much does a Actuary make in Toledo, OH? ▼
The median actuary salary in Toledo, Ohio is $93,472 per year, which is 18% below the national median of $113,990. Salaries range from $56,088 (10th percentile) to $160,728 (90th percentile).
How much does a Actuary make per hour in Toledo? ▼
Based on the median annual salary of $93,472, a actuary in Toledo earns approximately $45 per hour assuming a standard 2,080-hour work year.
How does Toledo compare to the Ohio state average for actuary pay? ▼
Toledo's median actuary salary of $93,472 is 8.9% below the Ohio state average of $102,591. The local cost of living index is 82% of the national average.
What is the cost of living in Toledo, OH? ▼
Toledo has a cost of living index of 82% compared to the national average. This means a actuary salary of $93,472 in Toledo has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Toledo? ▼
Most actuary positions in Toledo require a bachelor's degree. Key skills include Statistical Modeling, Risk Assessment, Financial Mathematics, Excel/VBA. The job market is projected to grow 21% nationally over the next decade.