Actuary Salary in Hamden, CT: $142,446 (2026)
Quick Answer:A full-time actuary in Hamden, CT earns a median $142,446/year (≈ $68.48/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Hamden's price level (8% above national, BEA RPP 107.9), that paycheck buys what $132,017 would nationally. Nominal pay sits 1.6% below the Connecticut state average.
Based on BLS state-level estimates · View source
For those considering an actuarial career in Hamden, CT, the projected median annual salary stands at $142,446 in 2026, which reflects a competitive edge over the national median of $134,160. The salary range is quite pronounced, with earnings from $90,787 at the 10th percentile to as high as $220,791 at the 90th percentile. These figures, derived from state-level data and adjusted for local cost of living, suggest that Hamden offers a thriving environment for actuaries, especially for those who are advancing through the exam process. With each passed exam often translating into a significant pay increase, the financial incentives to achieve higher credentials in this city foster a robust market for skilled professionals.
About the Hamden Market
Salary estimated from Connecticut average ($145,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $90,787 | $43.64 |
| Lower Range (P25) | $109,595 | $52.69 |
| Median (P50)(typical) | $142,446 | $68.48 |
| Upper Range (P75) | $182,331 | $87.66 |
| Top Earners (P90) | $220,791 | $106.15 |
Median Salary Position
6.18% above the national average
2026 Salary Percentile Distribution in Hamden
In Hamden, CT, the actuary salary spread from the 10th to 90th percentile is $130,004 (2026 est.). At $142,446, the local median is 6.18% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Hamden: You'd be in the lower-middle range
How Hamden Actuary Pay Compares
Hamden median: $142,446/year (2026)
| Compared To | Median Salary | Hamden Pays |
|---|---|---|
| Connecticut Average | $144,762 | -1.60% less |
| National Average | $134,160 | +6.18% more |
Actuarys in Hamden, CT earn a median of $142,446 per year (2026 est.), which is 6.18% higher than the national median of $134,160 and 1.60% below the Connecticut state average of $144,762.
Cost-of-Living Adjusted Salary
Hamden has a cost of living 7.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Hamden, CT has a cost-of-living index of 107.9 (above the national average of 100). While the nominal salary of $142,446 is competitive, the higher cost of living reduces purchasing power to an effective $132,017 — a 7.32% reduction.
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2019 BLS Actual
$115,042
2025 BLS Actual
$138,029
2026 Current Est.
$142,446
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Hamden (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $115,042 | Actual |
| 2020 | $117,887 | Actual |
| 2021 | $112,441 | Actual |
| 2022 | $121,030 | Actual |
| 2023 | $127,411 | Actual |
| 2024 | $153,955 | Actual |
| 2025 | $138,029 | Actual |
| 2026(current) | $142,446 | Estimated |
| 2027 | $147,004 | Projected |
Based on 7 years of BLS OEWS data for the Hamden metropolitan area, the median actuary salary grew 20.0% from $115,042 (2019) to $138,029 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $147,004 by 2027 — a total increase of $31,962 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hamden metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $90,787 – $109,595 |
| 3-5 years (Mid Career) | $109,595 – $142,446 |
| 5+ years (Experienced) | $142,446 – $182,331 |
| 10+ years (Top Earner) | $182,331 – $220,791 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Hamden
The localized job market for actuaries in Hamden currently accommodates a modest workforce of just 13 actuaries, underscoring a concentration of niche opportunities. With a cost of living index of 107.9, actuaries need to be strategic about their take-home pay, particularly given the area’s housing and associated expenses. Large employers such as Prudential, MetLife, and UnitedHealth are known to offer competitive salaries, particularly for actuarial roles in life insurance and health care, while consulting firms like Mercer often pay significantly more for those holding advanced credentials. The salary spread in this market can be attributed to several factors, including exam progression, the caliber of credentials (ASA versus FSA), and specialization, with roles in property and casualty consulting commanding the highest pays. Actuaries in Hamden looking to maximize their earnings should focus on completing exams and pursuing higher designations, as well as seeking positions in firms that reward expertise with substantial pay packages.
More salary data for Hamden, CT:
Frequently Asked Questions
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Written by Maria Chen, FSA, MAAA
Career Analyst
Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $138,029 for actuariesin the Hamden metropolitan area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Hamden is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov