SOC 15-2011 · May 2025 · BLS OEWS
Actuaries — Michigan
Michigan · 3 metro areas compared
The median wage for Actuaries in Michigan is $100,640 per year, 22.6% below the national median of $130,000.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
The median wage for Actuaries in Michigan is $100,640 per year, 22.6% below the national median of $130,000. Half of workers earn between $78,510 and $134,460. Beyond that band, the tenth percentile sits at $65,240 and the ninetieth at $170,450.
Employment stands at 570, or 0.1 jobs per thousand held locally. Michigan ranks number 35th out of 36 states by median pay for this occupation. Within the state, Detroit records the highest median at $105,640. Of the 774 occupations with published wages in this area, it sits 107th.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $65,240 | −49.8% |
| 25th | $78,510 | −39.6% |
| Median (50th) | $100,640 | −22.6% |
| 75th | $134,460 | +3.4% |
| 90th | $170,450 | +31.1% |
| Mean | $108,630 | −16.4% |
Highest-paying metro areas in Michigan
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Detroit | $105,640 | 240 | |
| 2 | Grand Rapids | $97,210 | 60 | |
| 3 | Lansing | $80,910 | 180 |
What the pay is worth locally
Prices in Michigan run 3.8% below the national average, so the median of $100,640 goes as far as $104,615 would elsewhere in the country. Measured that way it compares to the national median at 19.5% below the national median in real terms.
Published median
$100,640as reported by BLSLocal price level
96.2US average = 100 · BEA 2024Adjusted for local prices
$104,615US average = 100 · BEA 2024Key takeaways
- Median pay is $100,640 a year, 22.6% below the national median.
- Published pay spans $65,240 to $170,450 between the tenth and ninetieth percentiles.
- The area has 570 jobs in this occupation.
- It ranks 35th of 36 states for this occupation.
- The highest-paying metro area covered is Detroit, at $105,640.
Frequently asked questions
What is the median wage for Actuaries in Michigan?
The median annual wage is $100,640, or $48.38 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 Michigan is 22.6% 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 Michigan earns more than $170,450 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $65,240 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 Detroit, at $105,640 per year.
How many jobs are there in this occupation here?
The survey estimates 570 jobs in this occupation in Michigan. Self-employed workers are not included.
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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