Actuary Salary in Oak Creek, WI: $120,082 (2026)
Quick Answer:A full-time actuary in Oak Creek, WI earns a median $120,082/year (≈ $57.73/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Oak Creek's price level (7% below national, BEA RPP 93.4), that paycheck buys what $128,567 would nationally. Nominal pay sits 4.2% below the Wisconsin state average.
Based on BLS state-level estimates · View source
In 2026, the median actuary salary in Oak Creek, Wisconsin, is projected to be $120,082, reflecting a wage structure that tends to trend lower than the national average of $134,160. The salary spectrum ranges from $77,840 at the 10th percentile to $186,127 at the 90th percentile, showing a solid potential for growth for those who continue their studies and advance their qualifications. Actuaries in Oak Creek often find themselves navigating a pay gradient that varies significantly between consulting firms like Milliman and Mercer, which typically offer higher compensation, and companies within the insurance sector. With these figures derived from 2025 BLS data, projected to 2026, they paint a clear picture of the local market dynamics influencing actuary pay in Oak Creek, particularly for those holding advanced designations.
About the Oak Creek Market
Salary estimated from Wisconsin average ($122,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $77,840 | $37.42 |
| Lower Range (P25) | $92,930 | $44.68 |
| Median (P50)(typical) | $120,082 | $57.73 |
| Upper Range (P75) | $153,706 | $73.90 |
| Top Earners (P90) | $186,127 | $89.48 |
Median Salary Position
10.49% below the national average
2026 Salary Percentile Distribution in Oak Creek
In Oak Creek, WI, the actuary salary spread from the 10th to 90th percentile is $108,287 (2026 est.). At $120,082, the local median is 10.49% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Oak Creek: You'd be in the lower-middle range
How Oak Creek Actuary Pay Compares
Oak Creek median: $120,082/year (2026)
| Compared To | Median Salary | Oak Creek Pays |
|---|---|---|
| Wisconsin Average | $125,347 | -4.20% less |
| National Average | $134,160 | -10.49% less |
Actuarys in Oak Creek, WI earn a median of $120,082 per year (2026 est.), which is 10.49% lower than the national median of $134,160 and 4.20% below the Wisconsin state average of $125,347.
Cost-of-Living Adjusted Salary
Oak Creek has a cost of living 6.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Oak Creek, WI has a cost-of-living index of 93.4 (below the national average of 100). A actuary earning $120,082 nominally has purchasing power equivalent to $128,567 in an average-cost city — an effective 7.07% boost.
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2019 BLS Actual
$96,981
2025 BLS Actual
$116,359
2026 Current Est.
$120,082
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Oak Creek (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $96,981 | Actual |
| 2020 | $99,380 | Actual |
| 2021 | $94,788 | Actual |
| 2022 | $102,029 | Actual |
| 2023 | $107,408 | Actual |
| 2024 | $109,199 | Actual |
| 2025 | $116,359 | Actual |
| 2026(current) | $120,082 | Estimated |
| 2027 | $123,925 | Projected |
Based on 7 years of BLS OEWS data for the Oak Creek metropolitan area, the median actuary salary grew 20.0% from $96,981 (2019) to $116,359 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $123,925 by 2027 — a total increase of $26,944 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Oak Creek 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) | $77,840 – $92,930 |
| 3-5 years (Mid Career) | $92,930 – $120,082 |
| 5+ years (Experienced) | $120,082 – $153,706 |
| 10+ years (Top Earner) | $153,706 – $186,127 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Oak Creek
Currently, there are only five actuaries employed in Oak Creek, indicating a well-defined local job market. The cost of living index stands at 93.4, suggesting that the purchasing power of an actuary's salary offers some advantage over many other regions. Employers such as Prudential and UnitedHealth are known for relatively competitive pay within the life and health insurance sectors. However, the greatest rewards often lie in consulting roles or specialized insurance markets. The significant differences in salary can be attributed to factors such as the level of certification—moving from ASA to FSA can add substantial income with each step, while specialties like predictive analytics increasingly demand premium pay. To maximize earnings, aspiring actuaries in Oak Creek should focus on rigorous exam progression, securing relevant VEE credits, and strategically targeting consulting firms for their higher salary potential.
More salary data for Oak Creek, WI:
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 $116,359 for actuariesin the Oak Creek 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 Oak Creek 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