Actuary Salary in Marlboro, NJ: $147,535 (2026)
Quick Answer:A full-time actuary in Marlboro, NJ earns a median $147,535/year (≈ $70.93/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Marlboro's price level (15% above national, BEA RPP 115.2), that paycheck buys what $128,069 would nationally. Nominal pay sits 4.5% below the New Jersey state average.
Based on BLS state-level estimates · View source
Actuaries in Marlboro, New Jersey, can expect a competitive median annual salary of $147,535 in 2026, which is approximately 9.97% higher than the national median of $134,160. Salted within a broad salary range spanning from $94,544 at the 10th percentile to $228,679 at the 90th, these figures reflect the diverse nature of the actuarial market in the area. The compensation landscape reveals a discernible gradient between consulting firms, such as Milliman and Mercer, and insurance providers where fellowships at the FSA level command premium pay. Local salary estimates derive from 2025 BLS data, adjusted for regional cost factors, and suggest a promising trajectory for professionals seeking advancement within this small but strategic market.
About the Marlboro Market
Salary estimated from New Jersey average ($142,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $94,544 | $45.45 |
| Lower Range (P25) | $113,484 | $54.56 |
| Median (P50)(typical) | $147,535 | $70.93 |
| Upper Range (P75) | $188,845 | $90.80 |
| Top Earners (P90) | $228,679 | $109.94 |
Median Salary Position
9.97% above the national average
2026 Salary Percentile Distribution in Marlboro
In Marlboro, NJ, the actuary salary spread from the 10th to 90th percentile is $134,135 (2026 est.). At $147,535, the local median is 9.97% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Marlboro: You'd be in the lower-middle range
How Marlboro Actuary Pay Compares
Marlboro median: $147,535/year (2026)
| Compared To | Median Salary | Marlboro Pays |
|---|---|---|
| New Jersey Average | $154,487 | -4.50% less |
| National Average | $134,160 | +9.97% more |
Actuarys in Marlboro, NJ earn a median of $147,535 per year (2026 est.), which is 9.97% higher than the national median of $134,160 and 4.50% below the New Jersey state average of $154,487.
Cost-of-Living Adjusted Salary
Marlboro has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Marlboro, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $147,535 is competitive, the higher cost of living reduces purchasing power to an effective $128,069 — a 13.19% reduction.
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2019 BLS Actual
$119,152
2025 BLS Actual
$142,960
2026 Current Est.
$147,535
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Marlboro (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $119,152 | Actual |
| 2020 | $122,099 | Actual |
| 2021 | $116,457 | Actual |
| 2022 | $125,354 | Actual |
| 2023 | $131,963 | Actual |
| 2024 | $156,157 | Actual |
| 2025 | $142,960 | Actual |
| 2026(current) | $147,535 | Estimated |
| 2027 | $152,256 | Projected |
Based on 7 years of BLS OEWS data for the Marlboro metropolitan area, the median actuary salary grew 20.0% from $119,152 (2019) to $142,960 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $152,256 by 2027 — a total increase of $33,104 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Marlboro 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) | $94,544 – $113,484 |
| 3-5 years (Mid Career) | $113,484 – $147,535 |
| 5+ years (Experienced) | $147,535 – $188,845 |
| 10+ years (Top Earner) | $188,845 – $228,679 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Marlboro
In Marlboro, a total of nine actuaries contribute to the local economy, indicating a niche yet robust job market. The cost of living index, sitting at 115.2, suggests a need for higher salaries to maintain purchasing power compared to the national average. Life insurance companies like Prudential and MetLife, health insurers like Cigna, and consulting giants such as WTW present substantial opportunities for better pay in Marlboro. The variance in salaries is influenced by several factors, including exam progression, with each exam passed translating to additional base salary increases, and the leap in credentials from ASA to FSA, often resulting in significant pay jumps. To maximize earnings in this market, focusing on consulting roles or attaining specialized credentials, especially in predictive analytics or data science, can lead to better compensation packages.
More salary data for Marlboro, NJ:
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 $142,960 for actuariesin the Marlboro 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 Marlboro 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