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 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.