Actuary Salary in Merced
Analyzes financial costs of risk and uncertainty using mathematics, statistics, and financial theory.
Merced ranks #12 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $18,148 above the national average.
Merced vs National Average
| Level | This Metro | National Avg | Difference | % Change |
|---|---|---|---|---|
| Level I (Entry) | $98,280 | $80,132 | +$18,148 | +22.6% |
| Level II | $128,544 | $104,342 | +$24,202 | +23.2% |
| Level III (Mid) | $158,787 | $128,553 | +$30,234 | +23.5% |
| Level IV (Senior) | $189,051 | $152,762 | +$36,289 | +23.8% |
Other metros in California
| Metro Area | Level I | Level IV | Average |
|---|---|---|---|
| San Jose-Sunnyvale-Santa Clara | $98,946 | $189,779 | $159,806 |
| Salinas | $98,114 | $188,594 | $158,746 |
| Fresno | $97,635 | $188,219 | $158,330 |
| Santa Cruz-Watsonville | $92,747 | $185,723 | $155,043 |
| Modesto | $92,810 | $185,598 | $154,981 |
Frequently Asked Questions
What is the average actuary salary in Merced?
The average actuary salary in Merced is $159,099 per year, based on U.S. Department of Labor employer survey data. This places Merced at rank #12 out of 530 U.S. metro areas surveyed.
What do entry-level actuarys earn in Merced?
Entry-level actuarys (Level I) in Merced earn $98,280 per year. Level II (early career) earns $128,544, reflecting growing independence and experience.
How does Merced compare to the national average for actuary salaries?
Merced ranks #12 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $18,148 above the national average. The national average actuary salary is $128,794, while Merced workers average $159,099 — a difference of +24% 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.