Actuary salary in Madison, WI
Actuaries in the Madison, WI metro area earn a median of $135,330 a year ($65.06 an hour), based on BLS data for 170 workers.
Pay ranges from $81,140 for the lowest-paid 10% to $216,530 for the top 10%. That is 4% higher than the national median of $130,000. Pay here is 3% higher than the Wisconsin statewide median of $131,640. There are 0.42 actuaries per 1,000 jobs here — the job is 2.4× more common than nationally. The average (mean) salary is $143,990, above the median because a few high earners pull it up.
Pay range for actuaries in Madison, WI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $81,140 | $39.01 |
| 25th percentile | $102,800 | $49.42 |
| Median | $135,330 | $65.06 |
| 75th percentile | $172,160 | $82.77 |
| 90th percentile (top earners) | $216,530 | $104.10 |
| Average (mean) | $143,990 | $69.23 |
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 period | Amount |
|---|---|
| Monthly | $11,277.50 |
| Semi-monthly (24 a year) | $5,638.75 |
| Biweekly (26 a year) | $5,205 |
| Weekly | $2,602.50 |
| Hourly | $65.06 |
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 area | Median salary | Workers |
|---|---|---|
| Milwaukee-Waukesha, WI | $132,010 | 310 |
| Minneapolis-St. Paul-Bloomington, MN-WI | $125,960 | 1,020 |
| Green Bay, WI | $99,710 | 60 |
Highest-paying states for actuaries
| State | Median 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 Wisconsin statewide figures.
Related jobs in Madison, WI
| Job | Median salary | Hourly |
|---|---|---|
| Operations Research Analyst | $75,650 | $36.37 |
| Statistician | $107,860 | $51.86 |
| Software Developer | $130,630 | $62.80 |
| Computer User Support Specialist | $59,590 | $28.65 |
| Computer Systems Analyst | $100,550 | $48.34 |
| Software Quality Assurance Analysts and Testers | $97,840 | $47.04 |
| Computer Occupations, All Other | $97,950 | $47.09 |
| Network and Computer Systems Administrators | $91,580 | $44.03 |
| Computer Network Support Specialist | $90,400 | $43.46 |
| Database Administrator | $105,680 | $50.81 |
| Information Security Analyst | $104,110 | $50.05 |
| Computer Network Architect | $135,490 | $65.14 |
| Computer Programmer | $97,410 | $46.83 |
| Web Developer | $83,500 | $40.14 |
More: Computer and Mathematical Occupations · all salaries in Madison, WI
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 Madison, WI?
The median salary for actuaries in the Madison, WI metro area is $135,330 a year, or $65.06 an hour. Pay ranges from $81,140 for the lowest-paid 10% to $216,530 for the top 10%.
How much do the highest-paid actuaries make in Madison, WI?
The top 10% of actuaries in the Madison, WI metro area earn at least $216,530 a year. The top 25% earn $172,160 or more.
What is the starting pay for actuaries in Madison, WI?
Entry-level pay (the 10th percentile) is about $81,140 a year, and a quarter of actuaries earn $102,800 or less.
How many actuaries work in Madison, WI?
About 170 actuaries are employed in the Madison, WI metro area, not counting the self-employed.