Actuary salary in Maryland
Actuaries in Maryland earn a median of $126,950 a year ($61.04 an hour), based on BLS data for 580 workers.
Pay ranges from $76,670 for the lowest-paid 10% to $185,220 for the top 10%. That is 2% lower than the national median of $130,000. Maryland ranks 19th of 36 states for actuaries pay. There are 0.21 actuaries per 1,000 jobs here — the job is 1.2× more common than nationally. The average (mean) salary is $133,930, above the median because a few high earners pull it up.
Pay range for actuaries in Maryland
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $76,670 | $36.86 |
| 25th percentile | $100,660 | $48.39 |
| Median | $126,950 | $61.04 |
| 75th percentile | $165,400 | $79.52 |
| 90th percentile (top earners) | $185,220 | $89.05 |
| Average (mean) | $133,930 | $64.39 |
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 period | Amount |
|---|---|
| Monthly | $10,579.17 |
| Semi-monthly (24 a year) | $5,289.58 |
| Biweekly (26 a year) | $4,882.69 |
| Weekly | $2,441.35 |
| Hourly | $61.04 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Actuary salary in cities in Maryland
| Metro area | Median salary | Workers |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $144,680 | 520 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $127,770 | 780 |
| Baltimore-Columbia-Towson, MD | $126,950 | 340 |
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 |
Related jobs in Maryland
| Job | Median salary | Hourly |
|---|---|---|
| Operations Research Analyst | $97,410 | $46.83 |
| Data Scientist | $136,370 | $65.56 |
| Statistician | $132,620 | $63.76 |
| Mathematician | $131,810 | $63.37 |
| Mathematical Science Occupations, All Other | $42,850 | $20.60 |
| Software Developer | $138,680 | $66.67 |
| Computer Occupations, All Other | $144,680 | $69.56 |
| Computer Systems Analyst | $113,610 | $54.62 |
| Computer User Support Specialist | $64,750 | $31.13 |
| Network and Computer Systems Administrators | $118,290 | $56.87 |
| Information Security Analyst | $139,640 | $67.14 |
| Computer Network Support Specialist | $96,680 | $46.48 |
| Software Quality Assurance Analysts and Testers | $111,100 | $53.41 |
| Computer Network Architect | $159,460 | $76.66 |
More: Computer and Mathematical Occupations · all salaries in Maryland
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 Maryland?
The median salary for actuaries in Maryland is $126,950 a year, or $61.04 an hour. Pay ranges from $76,670 for the lowest-paid 10% to $185,220 for the top 10%.
How much do the highest-paid actuaries make in Maryland?
The top 10% of actuaries in Maryland earn at least $185,220 a year. The top 25% earn $165,400 or more.
What is the starting pay for actuaries in Maryland?
Entry-level pay (the 10th percentile) is about $76,670 a year, and a quarter of actuaries earn $100,660 or less.
How many actuaries work in Maryland?
About 580 actuaries are employed in Maryland, not counting the self-employed.