Actuary salary in New Jersey
Actuaries in New Jersey earn a median of $142,800 a year ($68.65 an hour), based on BLS data for 1,260 workers.
Pay ranges from $86,090 for the lowest-paid 10% to $224,700 for the top 10%. That is 10% higher than the national median of $130,000. New Jersey ranks 4th of 36 states for actuaries pay, one of the best-paying states for this job. There are 0.29 actuaries per 1,000 jobs here — the job is 1.7× more common than nationally. The average (mean) salary is $152,850, above the median because a few high earners pull it up.
Pay range for actuaries in New Jersey
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $86,090 | $41.39 |
| 25th percentile | $110,360 | $53.06 |
| Median | $142,800 | $68.65 |
| 75th percentile | $184,480 | $88.69 |
| 90th percentile (top earners) | $224,700 | $108.03 |
| Average (mean) | $152,850 | $73.49 |
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 | $11,900 |
| Semi-monthly (24 a year) | $5,950 |
| Biweekly (26 a year) | $5,492.31 |
| Weekly | $2,746.15 |
| Hourly | $68.65 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Actuary salary in cities in New Jersey
| Metro area | Median salary | Workers |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $161,460 | 2,780 |
| Trenton-Princeton, NJ | $129,540 | 110 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $127,770 | 780 |
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 New Jersey
| Job | Median salary | Hourly |
|---|---|---|
| Data Scientist | $135,280 | $65.04 |
| Statistician | $118,280 | $56.87 |
| Mathematical Science Occupations, All Other | $61,400 | $29.52 |
| Software Developer | $135,940 | $65.36 |
| Computer User Support Specialist | $64,470 | $31.00 |
| Computer Systems Analyst | $122,890 | $59.08 |
| Computer Occupations, All Other | $108,310 | $52.07 |
| Network and Computer Systems Administrators | $116,420 | $55.97 |
| Software Quality Assurance Analysts and Testers | $119,470 | $57.44 |
| Computer Network Architect | $162,350 | $78.05 |
| Information Security Analyst | $134,820 | $64.82 |
| Computer Programmer | $104,940 | $50.45 |
| Computer Network Support Specialist | $87,440 | $42.04 |
| Database Architect | $120,790 | $58.07 |
More: Computer and Mathematical Occupations · all salaries in New Jersey
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 New Jersey?
The median salary for actuaries in New Jersey is $142,800 a year, or $68.65 an hour. Pay ranges from $86,090 for the lowest-paid 10% to $224,700 for the top 10%.
How much do the highest-paid actuaries make in New Jersey?
The top 10% of actuaries in New Jersey earn at least $224,700 a year. The top 25% earn $184,480 or more.
What is the starting pay for actuaries in New Jersey?
Entry-level pay (the 10th percentile) is about $86,090 a year, and a quarter of actuaries earn $110,360 or less.
How many actuaries work in New Jersey?
About 1,260 actuaries are employed in New Jersey, not counting the self-employed.