Actuary Salary in Grand Rapids-Wyoming-Kentwood
Analyzes financial costs of risk and uncertainty using mathematics, statistics, and financial theory.
Grand Rapids-Wyoming-Kentwood ranks #384 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $9,537 below the national average.
Grand Rapids-Wyoming-Kentwood vs National Average
| Level | This Metro | National Avg | Difference | % Change |
|---|---|---|---|---|
| Level I (Entry) | $70,595 | $80,132 | $-9,537 | -11.9% |
| Level II | $94,390 | $104,342 | $-9,952 | -9.5% |
| Level III (Mid) | $118,206 | $128,553 | $-10,347 | -8.0% |
| Level IV (Senior) | $142,002 | $152,762 | $-10,760 | -7.0% |
Other metros in Michigan
| Metro Area | Level I | Level IV | Average |
|---|---|---|---|
| Detroit-Warren-Dearborn | $82,430 | $152,360 | $129,293 |
| Monroe | $82,056 | $152,464 | $129,230 |
| Flint | $79,331 | $149,365 | $126,256 |
| Muskegon-Norton Shores | $72,238 | $142,189 | $119,122 |
| Southern Michigan | $66,269 | $136,864 | $113,568 |
Frequently Asked Questions
What is the average actuary salary in Grand Rapids-Wyoming-Kentwood?
The average actuary salary in Grand Rapids-Wyoming-Kentwood is $118,435 per year, based on U.S. Department of Labor employer survey data. This places Grand Rapids-Wyoming-Kentwood at rank #384 out of 530 U.S. metro areas surveyed.
What do entry-level actuarys earn in Grand Rapids-Wyoming-Kentwood?
Entry-level actuarys (Level I) in Grand Rapids-Wyoming-Kentwood earn $70,595 per year. Level II (early career) earns $94,390, reflecting growing independence and experience.
How does Grand Rapids-Wyoming-Kentwood compare to the national average for actuary salaries?
Grand Rapids-Wyoming-Kentwood ranks #384 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $9,537 below the national average. The national average actuary salary is $128,794, while Grand Rapids-Wyoming-Kentwood workers average $118,435 — a difference of -8% overall.
Data source: Salary data sourced from the U.S. Department of Labor Occupational Employment and Wage Statistics (OEWS) program, which surveys employers nationwide to collect wage data by occupation and geography. The four experience levels reflect DOL standardized tiers. Data reflects the most recently published survey cycle. SOC code: 15-2011.