Business & Finance Essex, VT Pop. 22,044

Actuary Salary in Essex, Vermont

The median actuary salary in Essex, VT is $116,270 per year, which is 2.0% above the national median and 1.0% above the Vermont state average.

City Median
$116,270
vs State Avg
+$1,140
vs National
+$2,280
Cost of Living
102%

Actuary Salary in Essex by Experience

In Essex, 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 102% 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 Essex, VT

Percentile Essex
10th Percentile $69,768
25th Percentile $88,944
Median (50th) $116,270
75th Percentile $154,020
90th Percentile $199,930

Actuary Salary in Other Vermont Cities

How to Become a Actuary in Essex

Education

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

Find Actuary Jobs in Essex

Browse open actuary positions in Essex, VT:

Frequently Asked Questions: Actuary Salary in Essex

How much does a Actuary make in Essex, VT?
The median actuary salary in Essex, Vermont is $116,270 per year, which is 2.0% above the national median of $113,990. Salaries range from $69,768 (10th percentile) to $199,930 (90th percentile).
How much does a Actuary make per hour in Essex?
Based on the median annual salary of $116,270, a actuary in Essex earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Essex compare to the Vermont state average for actuary pay?
Essex's median actuary salary of $116,270 is 1.0% above the Vermont state average of $115,130. The local cost of living index is 102% of the national average.
What is the cost of living in Essex, VT?
Essex has a cost of living index of 102% compared to the national average. This means a actuary salary of $116,270 in Essex has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Essex?
Most actuary positions in Essex 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.