Business & Finance Cranston, RI
Pop. 82,934
Actuary Salary in Cranston, Rhode Island
The median actuary salary in Cranston, RI is $116,270 per year, which is 2.0% above the national median and 4.7% below the Rhode Island state average.
City Median
$116,270
vs State Avg
$-5,699
vs National
+$2,280
Cost of Living
100%
Actuary Salary in Cranston by Experience
In Cranston, an entry-level actuary earns around $71,400, while experienced professionals earn up to $178,500 per year. The local cost of living index is 100% of the national average.
Entry Level (0-2 yrs)
$71,400
+$1,400 vs national
Mid Level (3-7 yrs)
$117,300
+$2,300 vs national
Senior Level (8+ yrs)
$178,500
+$3,500 vs national
Salary Percentiles in Cranston, RI
| Percentile | Cranston |
|---|---|
| 10th Percentile | $69,768 |
| 25th Percentile | $88,944 |
| Median (50th) | $116,270 |
| 75th Percentile | $154,020 |
| 90th Percentile | $199,930 |
Actuary Salary in Other Rhode Island Cities
How to Become a Actuary in Cranston
Education
Most actuary positions require a bachelor's degree. Cranston and the surrounding Rhode Island 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 Cranston may vary based on local industry and population growth.