Actuary Salary in Irvington, NJ: $154,029 (2026)
Quick Answer:A full-time actuary in Irvington, NJ earns a median $154,029/year (≈ $74.06/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Irvington's price level (15% above national, BEA RPP 115.2), that paycheck buys what $133,706 would nationally. Nominal pay sits 0.3% below the New Jersey state average.
Based on BLS state-level estimates · View source
In 2026, the compensation landscape for actuaries in Irvington, NJ, reflects a promising outlook with a median annual salary of $154,029, notably above the national median of $134,160, marking an increase of 14.81%. The salary range for these professionals spans from $89,337 at the lower end (P10) to a high of $238,745 (P90), showcasing the significant variations often seen based on experience, credentials, and employer type. Local estimates derived from BLS state-level data and regional price adjustments reveal that compensation structures can vary widely depending on whether actuaries work in consulting firms such as Milliman or Mercer versus traditional insurance companies, illustrating the impact of sector choice on earning potential and career growth among professionals in this field.
About the Irvington Market
Salary estimated from New Jersey average ($142,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $89,337 | $42.95 |
| Lower Range (P25) | $117,487 | $56.48 |
| Median (P50)(typical) | $154,029 | $74.06 |
| Upper Range (P75) | $197,157 | $94.79 |
| Top Earners (P90) | $238,745 | $114.78 |
Median Salary Position
14.81% above the national average
2026 Salary Percentile Distribution in Irvington
In Irvington, NJ, the actuary salary spread from the 10th to 90th percentile is $149,408 (2026 est.). At $154,029, the local median is 14.81% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Irvington: You'd be in the lower-middle range
How Irvington Actuary Pay Compares
Irvington median: $154,029/year (2026)
| Compared To | Median Salary | Irvington Pays |
|---|---|---|
| New Jersey Average | $154,493 | -0.30% less |
| National Average | $134,160 | +14.81% more |
Actuarys in Irvington, NJ earn a median of $154,029 per year (2026 est.), which is 14.81% higher than the national median of $134,160 and 0.30% below the New Jersey state average of $154,493.
Cost-of-Living Adjusted Salary
Irvington has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Irvington, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $154,029 is competitive, the higher cost of living reduces purchasing power to an effective $133,706 — a 13.19% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$124,397
2025 BLS Actual
$149,253
2026 Current Est.
$154,029
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Irvington (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $124,397 | Actual |
| 2020 | $127,474 | Actual |
| 2021 | $121,584 | Actual |
| 2022 | $130,872 | Actual |
| 2023 | $137,772 | Actual |
| 2024 | $163,030 | Actual |
| 2025 | $149,253 | Actual |
| 2026(current) | $154,029 | Estimated |
| 2027 | $158,958 | Projected |
Based on 7 years of BLS OEWS data for the Irvington metropolitan area, the median actuary salary grew 20.0% from $124,397 (2019) to $149,253 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $158,958 by 2027 — a total increase of $34,561 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Irvington 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) | $89,337 – $117,487 |
| 3-5 years (Mid Career) | $117,487 – $154,029 |
| 5+ years (Experienced) | $154,029 – $197,157 |
| 10+ years (Top Earner) | $197,157 – $238,745 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Irvington
Currently, Irvington has a modest workforce of 10 actuaries, indicating a niche market for talent. With a cost-of-living index of 115.2, actuaries may find that their take-home pay allows for comfortable living, though it could be stretched depending on personal circumstances. Among local employers, firms like Prudential and MetLife may provide competitive salaries, especially for those holding advanced qualifications such as FSA or FCAS, which can substantially boost pay. The salary variation stems from multiple factors, including exam progressions, which typically add $3,000 to $8,000 to base salaries for each completed exam. To maximize earning potential in Irvington, actuaries should seek positions where advanced data analytics and predictive modeling skills are needed, as these competencies are becoming increasingly valuable in various sectors.
More salary data for Irvington, NJ:
Frequently Asked Questions
How much do actuaries make in Irvington, NJ in 2026?
Is Irvington, NJ a good place to work as a actuary?
Can actuaries make $100K in Irvington?
What is the cost-of-living adjusted actuary salary in Irvington?
How much does a actuary make per hour in Irvington?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in New Jersey
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 $149,253 for actuariesin the Irvington 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 Irvington 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