Actuary Salary in New York
Based on 3K+ workers in New York
Median Annual Salary (NY)
$156,480
$75.23/hr
vs National Average
$124,781
+25.4% vs national median
Salary Range (10th–90th)
$82K – $278K
3K employed in New York
The Actuary salary in New York offers a compelling financial outlook, with a median income of $156,480 annually. This figure places New York actuaries significantly above the national average, approximately 25% higher, and reflects the robust demand for their specialized skills within the state's vibrant job market.
Several factors contribute to the Actuary salary in New York. Experience level plays a crucial role, with the salary range for actuaries extending from $82,250 to $277,800. Additionally, the specific industry within New York, such as insurance or finance, and the size and type of employer can influence earning potential for the state's estimated 2,630 actuaries.
Salary Distribution — Actuary in New York
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $82,250 |
| 25th percentile | $106,140 |
| Median (50th percentile) | $156,480 |
| 75th percentile | $211,330 |
| 90th percentile | $277,800 |
Top-Paying Industries for Actuary (U.S.)
Which industries pay Actuarys the most — nationwide figures (industry-level data is not available by state). Actuarys in New York tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Other Services (except Public Administration) | $175,980 | 50 |
| Finance and Insurance | $131,450 | 20K |
| Management of Companies and Enterprises | $129,810 | 1K |
| Government (excl. schools, hospitals & USPS) | $129,650 | 850 |
| Professional, Scientific, and Technical Services | $124,130 | 4K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Actuary in New York vs National
| Year | Median Salary (New York) |
|---|---|
| 2022 | $137,090 |
| 2023 | $140,760 |
| 2024 | $133,730 |
| 2025 | $156,480 |
| 2026 (projected) | $165,869 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | New York Median | National Median |
|---|---|---|
| 2022 | $137,090 | $112,138 |
| 2023 | $140,760 | $112,820 |
| 2024 | $133,730 | $121,524 |
| 2025 | $156,480 | $124,781 |
| 2026 (projected) | $165,869 | $132,268 |
Actuary Salary by Experience Level in New York
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $106,140 |
| Mid-level | 3-5 yrs | $156,480 |
| Senior | 6-9 yrs | $211,330 |
| Staff / Lead | 10+ yrs | $277,800 |
Actuary Salary in Other States
Related Actuary Salaries in New York
How other high-demand occupations in New York compare to Actuary ($156,480 median).
| Occupation | Median Salary | vs Actuary | Hourly |
|---|---|---|---|
| Financial Manager in NY | $219,880 | +40.5% | $105.71/hr |
| Securities Sales Agent in NY | $168,340 | +7.6% | $80.93/hr |
| Personal Financial Advisor in NY | $166,400 | +6.3% | $80.00/hr |
| Economist in NY | $136,660 | -12.7% | $65.70/hr |
| Credit Analyst in NY | $133,270 | -14.8% | $64.07/hr |
| Financial Examiner in NY | $128,920 | -17.6% | $61.98/hr |
| Financial Analyst in NY | $127,930 | -18.2% | $61.50/hr |
| Tax Examiner in NY | $107,490 | -31.3% | $51.68/hr |
| Accountant in NY | $102,640 | -34.4% | $49.35/hr |
| Loan Officer in NY | $95,710 | -38.8% | $46.01/hr |
| Compliance Officer in NY | $90,080 | -42.4% | $43.31/hr |
| Budget Analyst in NY | $88,540 | -43.4% | $42.57/hr |
Frequently Asked Questions
What is the average salary for an actuary in New York?
- The median salary for an actuary in New York is $156,480 per year, which equates to approximately $75 per hour. This is significantly higher than the national average, coming in at 25.4% more.
How much do actuaries in New York typically earn?
- Actuary salaries in New York generally range from $82,250 to $277,800 per year. The median income sits at $156,480 annually for those working in the state.
Is New York a good state for actuaries to find high pay?
- Yes, New York offers above-average compensation for actuaries. The median salary of $156,480 per year is 25.4% higher than the national average.
What is the hourly wage for an actuary in New York?
- Actuaries in New York earn a median hourly wage of approximately $75. This is based on a median annual salary of $156,480 and is a substantial increase compared to national averages.