Actuary salary in Massachusetts
Actuaries in Massachusetts earn a median of $126,040 a year ($60.60 an hour), based on BLS data for this job.
Pay ranges from $83,660 for the lowest-paid 10% to $179,750 for the top 10%. That is 3% lower than the national median of $130,000. Massachusetts ranks 20th of 36 states for actuaries pay. The average (mean) salary is $130,710, above the median because a few high earners pull it up.
Pay range for actuaries in Massachusetts
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $83,660 | $40.22 |
| 25th percentile | $97,860 | $47.05 |
| Median | $126,040 | $60.60 |
| 75th percentile | $165,040 | $79.35 |
| 90th percentile (top earners) | $179,750 | $86.42 |
| Average (mean) | $130,710 | $62.84 |
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 | $10,503.33 |
| Semi-monthly (24 a year) | $5,251.67 |
| Biweekly (26 a year) | $4,847.69 |
| Weekly | $2,423.85 |
| Hourly | $60.60 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Actuary salary in cities in Massachusetts
| Metro area | Median salary | Workers |
|---|---|---|
| Boston-Cambridge-Newton, MA-NH | $129,590 | n/a |
| Worcester, MA | $123,170 | 80 |
| Springfield, MA | $118,130 | n/a |
| Providence-Warwick, RI-MA | $108,010 | 100 |
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 Massachusetts
| Job | Median salary | Hourly |
|---|---|---|
| Data Scientist | $131,750 | $63.34 |
| Operations Research Analyst | $96,500 | $46.39 |
| Statistician | $96,710 | $46.50 |
| Mathematician | $104,190 | $50.09 |
| Software Developer | $165,210 | $79.43 |
| Computer Systems Analyst | $128,240 | $61.66 |
| Computer User Support Specialist | $75,070 | $36.09 |
| Network and Computer Systems Administrators | $110,980 | $53.36 |
| Software Quality Assurance Analysts and Testers | $122,210 | $58.76 |
| Computer Network Architect | $155,060 | $74.55 |
| Computer Occupations, All Other | $109,590 | $52.69 |
| Information Security Analyst | $136,550 | $65.65 |
| Web and Digital Interface Designers | $113,540 | $54.59 |
| Database Architect | $161,650 | $77.72 |
More: Computer and Mathematical Occupations · all salaries in Massachusetts
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 Massachusetts?
The median salary for actuaries in Massachusetts is $126,040 a year, or $60.60 an hour. Pay ranges from $83,660 for the lowest-paid 10% to $179,750 for the top 10%.
How much do the highest-paid actuaries make in Massachusetts?
The top 10% of actuaries in Massachusetts earn at least $179,750 a year. The top 25% earn $165,040 or more.
What is the starting pay for actuaries in Massachusetts?
Entry-level pay (the 10th percentile) is about $83,660 a year, and a quarter of actuaries earn $97,860 or less.