Business & Finance Reading, PA Pop. 95,112

Actuary Salary in Reading, Pennsylvania

The median actuary salary in Reading, PA is $104,871 per year, which is 8% below the national median and 8% below the Pennsylvania state average.

City Median
$104,871
vs State Avg
$-9,119
vs National
$-9,119
Cost of Living
88%

Actuary Salary in Reading by Experience

In Reading, an entry-level actuary earns around $64,400, while experienced professionals earn up to $161,000 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$64,400
$-5,600 vs national
Mid Level (3-7 yrs)
$105,800
$-9,200 vs national
Senior Level (8+ yrs)
$161,000
$-14,000 vs national

Salary Percentiles in Reading, PA

Percentile Reading
10th Percentile $62,928
25th Percentile $80,224
Median (50th) $104,871
75th Percentile $138,920
90th Percentile $180,329

Actuary Salary in Other Pennsylvania Cities

Philadelphia, PA
$120,829
Pop. 1,603,797
Allentown, PA
$111,710
Pop. 126,092
Pittsburgh, PA
$110,570
Pop. 302,971
Erie, PA
$100,311
Pop. 94,831

How to Become a Actuary in Reading

Education

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

Find Actuary Jobs in Reading

Browse open actuary positions in Reading, PA:

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Frequently Asked Questions: Actuary Salary in Reading

How much does a Actuary make in Reading, PA? ▼
The median actuary salary in Reading, Pennsylvania is $104,871 per year, which is 8% below the national median of $113,990. Salaries range from $62,928 (10th percentile) to $180,329 (90th percentile).
How much does a Actuary make per hour in Reading? ▼
Based on the median annual salary of $104,871, a actuary in Reading earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Reading compare to the Pennsylvania state average for actuary pay? ▼
Reading's median actuary salary of $104,871 is 8% below the Pennsylvania state average of $113,990. The local cost of living index is 88% of the national average.
What is the cost of living in Reading, PA? ▼
Reading has a cost of living index of 88% compared to the national average. This means a actuary salary of $104,871 in Reading has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Reading? ▼
Most actuary positions in Reading 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.