Actuary Salary in Ohio
Based on 1K+ workers in Ohio
Median Annual Salary (OH)
$110,980
$53.36/hr
vs National Average
$124,781
-11.1% vs national median
Salary Range (10th–90th)
$77K – $175K
1K employed in Ohio
The Actuary salary in Ohio presents a median of $110,980 annually, falling 11% below the national average. With approximately 1,090 actuaries currently employed in the state, this data point offers a crucial benchmark for professionals considering or currently working within this specialized field in Ohio. The salary range for actuaries in Ohio spans from $77,110 to $175,190 per year.
Several factors contribute to the Actuary salary in Ohio. These include years of experience, specific certifications and designations held by the actuary, the size and type of employer (such as insurance companies or consulting firms), and the specific industry sector they are working within. Geographic location within Ohio and the demand for actuarial skills in that particular region also play a significant role in determining compensation.
Salary Distribution — Actuary in Ohio
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $77,110 |
| 25th percentile | $84,300 |
| Median (50th percentile) | $110,980 |
| 75th percentile | $153,690 |
| 90th percentile | $175,190 |
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 Ohio 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 Ohio vs National
| Year | Median Salary (Ohio) |
|---|---|
| 2022 | $102,380 |
| 2023 | $112,230 |
| 2024 | $115,550 |
| 2025 | $110,980 |
| 2026 (projected) | $110,980 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Ohio Median | National Median |
|---|---|---|
| 2022 | $102,380 | $112,138 |
| 2023 | $112,230 | $112,820 |
| 2024 | $115,550 | $121,524 |
| 2025 | $110,980 | $124,781 |
| 2026 (projected) | $110,980 | $124,781 |
Actuary Salary by Experience Level in Ohio
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $84,300 |
| Mid-level | 3-5 yrs | $110,980 |
| Senior | 6-9 yrs | $153,690 |
| Staff / Lead | 10+ yrs | $175,190 |
Actuary Salary in Other States
Related Actuary Salaries in Ohio
How other high-demand occupations in Ohio compare to Actuary ($110,980 median).
| Occupation | Median Salary | vs Actuary | Hourly |
|---|---|---|---|
| Financial Manager in OH | $140,870 | +26.9% | $67.73/hr |
| Economist in OH | $120,000 | +8.1% | $57.69/hr |
| Financial Analyst in OH | $94,280 | -15.0% | $45.33/hr |
| Personal Financial Advisor in OH | $90,990 | -18.0% | $43.75/hr |
| Tax Examiner in OH | $90,060 | -18.9% | $43.30/hr |
| Budget Analyst in OH | $89,840 | -19.0% | $43.19/hr |
| Credit Analyst in OH | $79,720 | -28.2% | $38.33/hr |
| Accountant in OH | $79,320 | -28.5% | $38.13/hr |
| Loan Officer in OH | $76,370 | -31.2% | $36.72/hr |
| Compliance Officer in OH | $75,030 | -32.4% | $36.07/hr |
| Securities Sales Agent in OH | $73,300 | -34.0% | $35.24/hr |
| Financial Examiner in OH | $69,040 | -37.8% | $33.19/hr |
Frequently Asked Questions
How much does an actuary make in Ohio?
- The median salary for an actuary in Ohio is $110,980 per year, which equates to about $53 per hour. Most actuaries in the state fall within a salary range of $77,110 to $175,190 annually.
What is the salary range for actuaries in Ohio?
- Actuaries in Ohio typically earn between $77,110 and $175,190 per year. This wide range reflects differences in experience, location within Ohio, and employer.
How does the Ohio actuary salary compare to the national average?
- Actuaries in Ohio earn 11.1% less than the national average. While the median salary is $110,980 in Ohio, the national median is higher.
How many actuaries are employed in Ohio?
- There are approximately 1,090 actuaries employed in Ohio. This indicates a moderate job market for the profession within the state.