Actuary Salary in Traverse City
Analyzes financial costs of risk and uncertainty using mathematics, statistics, and financial theory.
Traverse City ranks #451 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $9,974 below the national average.
Traverse City vs National Average
| Level | This Metro | National Avg | Difference | % Change |
|---|---|---|---|---|
| Level I (Entry) | $70,158 | $80,132 | $-9,974 | -12.4% |
| Level II | $91,042 | $104,342 | $-13,300 | -12.7% |
| Level III (Mid) | $111,925 | $128,553 | $-16,628 | -12.9% |
| Level IV (Senior) | $132,808 | $152,762 | $-19,954 | -13.1% |
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 |
| Grand Rapids-Wyoming-Kentwood | $70,595 | $142,002 | $118,435 |
Frequently Asked Questions
What is the average actuary salary in Traverse City?
The average actuary salary in Traverse City is $112,133 per year, based on U.S. Department of Labor employer survey data. This places Traverse City at rank #451 out of 530 U.S. metro areas surveyed.
What do entry-level actuarys earn in Traverse City?
Entry-level actuarys (Level I) in Traverse City earn $70,158 per year. Level II (early career) earns $91,042, reflecting growing independence and experience.
How does Traverse City compare to the national average for actuary salaries?
Traverse City ranks #451 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $9,974 below the national average. The national average actuary salary is $128,794, while Traverse City workers average $112,133 — 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.