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Actuary Salary in Racine, Wisconsin
The median actuary salary in Racine, WI is $98,031 per year, which is 14% below the national median and 6.5% below the Wisconsin state average.
City Median
$98,031
vs State Avg
$-6,840
vs National
$-15,959
Cost of Living
86%
Actuary Salary in Racine by Experience
In Racine, an entry-level actuary earns around $60,200, while experienced professionals earn up to $150,500 per year. The local cost of living index is 86% of the national average.
Entry Level (0-2 yrs)
$60,200
$-9,800 vs national
Mid Level (3-7 yrs)
$98,900
$-16,100 vs national
Senior Level (8+ yrs)
$150,500
$-24,500 vs national
Salary Percentiles in Racine, WI
| Percentile | Racine |
|---|---|
| 10th Percentile | $58,824 |
| 25th Percentile | $74,992 |
| Median (50th) | $98,031 |
| 75th Percentile | $129,860 |
| 90th Percentile | $168,569 |
Actuary Salary in Other Wisconsin Cities
How to Become a Actuary in Racine
Education
Most actuary positions require a bachelor's degree. Racine and the surrounding Wisconsin 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 Racine may vary based on local industry and population growth.
Find Actuary Jobs in Racine
Browse open actuary positions in Racine, WI:
Frequently Asked Questions: Actuary Salary in Racine
How much does a Actuary make in Racine, WI? ▼
The median actuary salary in Racine, Wisconsin is $98,031 per year, which is 14% below the national median of $113,990. Salaries range from $58,824 (10th percentile) to $168,569 (90th percentile).
How much does a Actuary make per hour in Racine? ▼
Based on the median annual salary of $98,031, a actuary in Racine earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Racine compare to the Wisconsin state average for actuary pay? ▼
Racine's median actuary salary of $98,031 is 6.5% below the Wisconsin state average of $104,871. The local cost of living index is 86% of the national average.
What is the cost of living in Racine, WI? ▼
Racine has a cost of living index of 86% compared to the national average. This means a actuary salary of $98,031 in Racine has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Racine? ▼
Most actuary positions in Racine 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.