Actuary Salary in Maryland
Analyzes financial costs of risk and uncertainty using mathematics, statistics, and financial theory.
Maryland ranks #66 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $1,591 above the national average.
Maryland vs National Average
| Level | This Metro | National Avg | Difference | % Change |
|---|---|---|---|---|
| Level I (Entry) | $81,723 | $80,132 | +$1,591 | +2.0% |
| Level II | $113,339 | $104,342 | +$8,997 | +8.6% |
| Level III (Mid) | $144,976 | $128,553 | +$16,423 | +12.8% |
| Level IV (Senior) | $176,592 | $152,762 | +$23,830 | +15.6% |
Other metros in Maryland
| Metro Area | Level I | Level IV | Average |
|---|---|---|---|
| Hagerstown-Martinsburg | $97,032 | $170,664 | $146,370 |
| Lexington Park | $91,520 | $167,794 | $142,626 |
| Salisbury | $85,030 | $162,947 | $137,238 |
| Baltimore-Columbia-Towson | $82,056 | $158,974 | $133,598 |
Frequently Asked Questions
What is the average actuary salary in Maryland?
The average actuary salary in Maryland is $145,288 per year, based on U.S. Department of Labor employer survey data. This places Maryland at rank #66 out of 530 U.S. metro areas surveyed.
What do entry-level actuarys earn in Maryland?
Entry-level actuarys (Level I) in Maryland earn $81,723 per year. Level II (early career) earns $113,339, reflecting growing independence and experience.
How does Maryland compare to the national average for actuary salaries?
Maryland ranks #66 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $1,591 above the national average. The national average actuary salary is $128,794, while Maryland workers average $145,288 — a difference of +13% 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.