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 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.