Business & Finance Erie, PA Pop. 94,831

Actuary Salary in Erie, Pennsylvania

The median actuary salary in Erie, PA is $100,311 per year, which is 12% below the national median and 12% below the Pennsylvania state average.

City Median
$100,311
vs State Avg
$-13,679
vs National
$-13,679
Cost of Living
84%

Actuary Pay in Erie: What to Expect (2026)

Erie offers a median actuary salary of $100,311, which is $13,679 below the Pennsylvania state average of $113,990. Compared to the national median of $113,990, Erie pays below the national benchmark for this role.

One of Erie's biggest advantages is its low cost of living at 84% of the national average. This means the $100,311 salary stretches further here — equivalent to roughly $119,418 in an average-cost city. This makes Erie an attractive option for actuarys seeking strong real-dollar compensation.

The salary range for actuarys in Erie spans from $60,192 at the 10th percentile to $172,489 at the 90th percentile — a $112,297 spread. Entry-level professionals start around $61,600, while senior actuarys with 8+ years of experience can earn up to $154,000. Erie is a smaller market (pop. 94,831), which may mean fewer openings but also less competition for available positions.

Actuary Salary in Erie by Experience

In Erie, an entry-level actuary earns around $61,600, while experienced professionals earn up to $154,000 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$61,600
$-8,400 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$154,000
$-21,000 vs national

Salary Percentiles in Erie, PA

Percentile Erie
10th Percentile $60,192
25th Percentile $76,736
Median (50th) $100,311
75th Percentile $132,880
90th Percentile $172,489

Actuary Salary in Other Pennsylvania Cities

How to Become a Actuary in Erie

Education

Most actuary positions require a bachelor's degree. Erie and the surrounding Pennsylvania 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 Erie may vary based on local industry and population growth.

Find Actuary Jobs in Erie

Browse open actuary positions in Erie, PA:

Frequently Asked Questions: Actuary Salary in Erie

How much does a Actuary make in Erie, PA? ▼
The median actuary salary in Erie, Pennsylvania is $100,311 per year, which is 12% below the national median of $113,990. Salaries range from $60,192 (10th percentile) to $172,489 (90th percentile).
How much does a Actuary make per hour in Erie? ▼
Based on the median annual salary of $100,311, a actuary in Erie earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Erie compare to the Pennsylvania state average for actuary pay? ▼
Erie's median actuary salary of $100,311 is 12% below the Pennsylvania state average of $113,990. The local cost of living index is 84% of the national average.
What is the cost of living in Erie, PA? ▼
Erie has a cost of living index of 84% compared to the national average. This means a actuary salary of $100,311 in Erie has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Erie? ▼
Most actuary positions in Erie 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.