Business & Finance Pennsylvania (PA) Rank #18 of 50

Actuary Salary in Pennsylvania

The median actuary salary in Pennsylvania is $113,990 per year, which is 0.0% above the national median of $113,990.

Median Salary
$113,990
vs National
+$0
State Rank
#18 of 50
Cost of Living
96%

Actuary Salary Overview in Pennsylvania (2026)

Pennsylvania ranks #18 out of 50 states for actuary compensation. Pennsylvania falls in the middle of the pack for actuary pay, offering salaries near the national average. At $113,990 per year, actuarys in Pennsylvania earn $0 more than the national median of $113,990.

Pennsylvania's cost of living is near the national average at 96%, meaning actuary salaries here translate closely to their face value in purchasing power.

The salary spread in Pennsylvania is significant: actuarys at the 10th percentile earn $68,400, while those at the 90th percentile bring home $196,010 — a $127,610 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Pennsylvania for this role is Philadelphia, where the median reaches $120,829.

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 Pennsylvania and beyond.

Actuary Salary in Pennsylvania by Experience

In Pennsylvania, an entry-level actuary earns around $70,000, while experienced professionals earn up to $175,000 per year. The cost of living index in Pennsylvania is 96% of the national average.

Entry Level (0-2 yrs)
$70,000
+$0 vs national
Mid Level (3-7 yrs)
$115,000
+$0 vs national
Senior Level (8+ yrs)
$175,000
+$0 vs national

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Salary Percentiles in Pennsylvania

Percentile PA Salary
10th Percentile $68,400
25th Percentile $87,200
Median (50th) $113,990
75th Percentile $151,000
90th Percentile $196,010

Actuary Salary by City in Pennsylvania

The largest employment areas for actuarys in Pennsylvania include Philadelphia, Pittsburgh, Allentown, and Reading. Salaries vary by city based on local cost of living and demand.

How to Become a Actuary in Pennsylvania

Education

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

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Pennsylvania

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

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Frequently Asked Questions: Actuary Salary in Pennsylvania

How much does a Actuary make in Pennsylvania? ▼
The median actuary salary in Pennsylvania is $113,990 per year, which is 0.0% above the national median of $113,990. Salaries range from $68,400 (10th percentile) to $196,010 (90th percentile).
How much does a Actuary make per hour in Pennsylvania? ▼
Based on the median annual salary of $113,990, a actuary in Pennsylvania earns approximately $55 per hour assuming a standard 2,080-hour work year.
Is Pennsylvania a good state for actuarys? ▼
Pennsylvania ranks #18 out of 50 states for actuary pay. The cost of living index is 96% of the national average. Entry-level actuarys earn $70,000, while senior professionals earn $175,000.
How does Pennsylvania compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. Pennsylvania's median of $113,990 ranks #18 nationally. Nearby-ranked states include Illinois ($115,130) and Vermont ($115,130).
What is the entry-level actuary salary in Pennsylvania? ▼
An entry-level actuary in Pennsylvania earns approximately $70,000 per year. With 3-7 years of experience, pay increases to around $115,000. Senior-level professionals with 8+ years earn up to $175,000.
What city in Pennsylvania pays actuarys the most? ▼
Philadelphia is the highest paying city in Pennsylvania for actuarys, with a median salary of $120,829. Other cities include Pittsburgh and Allentown.