Actuary salary in Detroit-Warren-Dearborn, MI

Actuaries in the Detroit-Warren-Dearborn, MI metro area earn a median of $105,640 a year ($50.79 an hour), based on BLS data for 240 workers.

Median salary
$105,640
Hourly
$50.79
Average
$113,130
Top 10% earn
$170,540
Workers
240

Pay ranges from $67,580 for the lowest-paid 10% to $170,540 for the top 10%. That is 19% lower than the national median of $130,000. Pay here is 5% higher than the Michigan statewide median of $100,640. There are 0.13 actuaries per 1,000 jobs here — the job is less common than nationally (location quotient 0.74). The average (mean) salary is $113,130, above the median because a few high earners pull it up.

Pay range for actuaries in Detroit-Warren-Dearborn, MI

$0$230,000
Pay levelYearlyHourly
10th percentile (entry level)$67,580$32.49
25th percentile$82,010$39.43
Median$105,640$50.79
75th percentile$135,150$64.98
90th percentile (top earners)$170,540$81.99
Average (mean)$113,130$54.39

Half of actuaries earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.

Median paycheck, before taxes

Pay periodAmount
Monthly$8,803.33
Semi-monthly (24 a year)$4,401.67
Biweekly (26 a year)$4,063.08
Weekly$2,031.54
Hourly$50.79

Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.

Actuary salary in other metro areas nearby

Metro areaMedian salaryWorkers
Grand Rapids-Wyoming-Kentwood, MI$97,21060
Lansing-East Lansing, MI$80,910180

Highest-paying states for actuaries

StateMedian salary
Connecticut$166,800
District of Columbia$166,230
New York$156,480
New Jersey$142,800
Alabama$136,950
Arizona$135,870
Washington$134,720
Utah$132,720
Nevada$132,370
Florida$132,110

See Actuary pay in every state or the Michigan statewide figures.

Related jobs in Detroit-Warren-Dearborn, MI

More: Computer and Mathematical Occupations · all salaries in Detroit-Warren-Dearborn, MI

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 15-2011. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.

Frequently asked questions

How much does a actuary make in Detroit-Warren-Dearborn, MI?

The median salary for actuaries in the Detroit-Warren-Dearborn, MI metro area is $105,640 a year, or $50.79 an hour. Pay ranges from $67,580 for the lowest-paid 10% to $170,540 for the top 10%.

How much do the highest-paid actuaries make in Detroit-Warren-Dearborn, MI?

The top 10% of actuaries in the Detroit-Warren-Dearborn, MI metro area earn at least $170,540 a year. The top 25% earn $135,150 or more.

What is the starting pay for actuaries in Detroit-Warren-Dearborn, MI?

Entry-level pay (the 10th percentile) is about $67,580 a year, and a quarter of actuaries earn $82,010 or less.

How many actuaries work in Detroit-Warren-Dearborn, MI?

About 240 actuaries are employed in the Detroit-Warren-Dearborn, MI metro area, not counting the self-employed.