SOC 15-2011 · May 2025 · BLS OEWS
Actuaries — Massachusetts
Massachusetts · 3 metro areas compared
At $126,040, median pay for Actuaries in Massachusetts tracks the national median of $130,000 closely.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
At $126,040, median pay for Actuaries in Massachusetts tracks the national median of $130,000 closely. The middle half of workers in this occupation earn between $97,860 and $165,040. The lowest tenth earn under $83,660, while the highest tenth earn more than $179,750.
Among the 36 states with published data for this occupation, Massachusetts ranks 20th by median wage. Boston leads the state's metro areas for this occupation, at $129,590. Set against every other occupation measured in the same area, it ranks 79th of 717 by median pay.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $83,660 | −35.6% |
| 25th | $97,860 | −24.7% |
| Median (50th) | $126,040 | −3.0% |
| 75th | $165,040 | +27.0% |
| 90th | $179,750 | +38.3% |
| Mean | $130,710 | +0.5% |
Highest-paying metro areas in Massachusetts
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Boston | $129,590 | — | |
| 2 | Worcester | $123,170 | 80 | |
| 3 | Springfield | $118,130 | — |
What the pay is worth locally
Prices in Massachusetts run 5.8% above the national average, so the median of $126,040 buys what $119,130 would elsewhere in the country. Measured that way the gap against the national median narrows to 8.4% below the national median in real terms.
Published median
$126,040as reported by BLSLocal price level
105.8US average = 100 · BEA 2024Adjusted for local prices
$119,130US average = 100 · BEA 2024Key takeaways
- Median pay is $126,040 a year, 3.0% below the national median.
- Published pay spans $83,660 to $179,750 between the tenth and ninetieth percentiles.
- It ranks 20th of 36 states for this occupation.
- The highest-paying metro area covered is Boston, at $129,590.
Frequently asked questions
What is the median wage for Actuaries in Massachusetts?
The median annual wage is $126,040, or $60.60 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $130,000, so pay in Massachusetts is 3.0% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in Massachusetts earns more than $179,750 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $83,660 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Boston, at $129,590 per year.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
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