SOC 15-2011 · May 2025 · BLS OEWS
Actuaries — Springfield
Springfield, MA · 2 metro areas compared
In Springfield, MA the median wage is $118,130.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
In Springfield, MA the median wage is $118,130. That is 9.1% lower than the national median of $130,000. The middle half of workers in this occupation earn between $97,860 and $156,520. The lowest tenth earn under $77,520, while the highest tenth earn more than $159,550.
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 35th of 408 by median pay.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $77,520 | −40.4% |
| 25th | $97,860 | −24.7% |
| Median (50th) | $118,130 | −9.1% |
| 75th | $156,520 | +20.4% |
| 90th | $159,550 | +22.7% |
| Mean | $116,690 | −10.2% |
Other metro areas in Massachusetts
What the pay is worth locally
Prices in Springfield run 5.8% above the national average, so the median of $118,130 buys what $111,654 would elsewhere in the country. Measured that way the gap against the national median narrows to 14.1% below the national median in real terms.
Published median
$118,130as reported by BLSLocal price level
105.8US average = 100 · BEA 2024Adjusted for local prices
$111,654US average = 100 · BEA 2024Key takeaways
- Median pay is $118,130 a year, 9.1% below the national median.
- Published pay spans $77,520 to $159,550 between the tenth and ninetieth percentiles.
- The highest-paying metro area covered is Boston, at $129,590.
Frequently asked questions
What is the median wage for Actuaries in Springfield, MA?
The median annual wage is $118,130, or $56.80 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 Springfield, MA is 9.1% 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 Springfield, MA earns more than $159,550 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $77,520 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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