Actuary salary in Springfield, MA
Actuaries in the Springfield, MA metro area earn a median of $118,130 a year ($56.80 an hour), based on BLS data for this job.
Pay ranges from $77,520 for the lowest-paid 10% to $159,550 for the top 10%. That is 9% lower than the national median of $130,000. Pay here is 6% lower than the Massachusetts statewide median of $126,040. The average (mean) salary is $116,690, close to the median.
Pay range for actuaries in Springfield, MA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $77,520 | $37.27 |
| 25th percentile | $97,860 | $47.05 |
| Median | $118,130 | $56.80 |
| 75th percentile | $156,520 | $75.25 |
| 90th percentile (top earners) | $159,550 | $76.71 |
| Average (mean) | $116,690 | $56.10 |
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 | $9,844.17 |
| Semi-monthly (24 a year) | $4,922.08 |
| Biweekly (26 a year) | $4,543.46 |
| Weekly | $2,271.73 |
| Hourly | $56.80 |
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 |
|---|---|---|
| Boston-Cambridge-Newton, MA-NH | $129,590 | n/a |
| Worcester, MA | $123,170 | 80 |
| 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 |
See Actuary pay in every state or the Massachusetts statewide figures.
Related jobs in Springfield, MA
| Job | Median salary | Hourly |
|---|---|---|
| Data Scientist | $121,090 | $58.22 |
| Operations Research Analyst | $72,800 | $35.00 |
| Software Developer | $127,740 | $61.41 |
| Computer User Support Specialist | $63,960 | $30.75 |
| Computer Systems Analyst | $105,200 | $50.58 |
| Network and Computer Systems Administrators | $95,630 | $45.98 |
| Computer Occupations, All Other | $85,220 | $40.97 |
| Information Security Analyst | $128,910 | $61.98 |
| Computer Network Architect | $144,600 | $69.52 |
| Database Administrator | $114,850 | $55.22 |
| Computer Network Support Specialist | $87,570 | $42.10 |
| Software Quality Assurance Analysts and Testers | $102,730 | $49.39 |
| Database Architect | $161,730 | $77.75 |
| Web and Digital Interface Designers | $91,280 | $43.89 |
More: Computer and Mathematical Occupations · all salaries in Springfield, MA
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 Springfield, MA?
The median salary for actuaries in the Springfield, MA metro area is $118,130 a year, or $56.80 an hour. Pay ranges from $77,520 for the lowest-paid 10% to $159,550 for the top 10%.
How much do the highest-paid actuaries make in Springfield, MA?
The top 10% of actuaries in the Springfield, MA metro area earn at least $159,550 a year. The top 25% earn $156,520 or more.
What is the starting pay for actuaries in Springfield, MA?
Entry-level pay (the 10th percentile) is about $77,520 a year, and a quarter of actuaries earn $97,860 or less.