Actuary Salary in Pewaukee, WI: $119,394 (2026)
Quick Answer:A full-time actuary in Pewaukee, WI earns a median $119,394/year (≈ $57.40/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Pewaukee's price level (7% below national, BEA RPP 93.4), that paycheck buys what $127,831 would nationally. Nominal pay sits 4.7% below the Wisconsin state average.
Based on BLS state-level estimates · View source

In Pewaukee, Wisconsin, actuaries can expect a median annual salary of $119,394 in 2026. This figure is slightly below the national median of $134,160, marking a 11.01% difference. The local salary range spans from $74,921 at the 10th percentile to $180,248 at the 90th percentile, indicating substantial variation based on experience and specialization. These estimates are derived from 2025 BLS data, subsequently adjusted for regional price parities. While four actuaries are currently employed in the area, competition remains integral, with those passing exams steadily increasing their compensation through incremental raises tied to their professional achievements.
About the Pewaukee Market
Salary estimated from Wisconsin average ($122,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $74,921 | $36.02 |
| Lower Range (P25) | $90,266 | $43.40 |
| Median (P50)(typical) | $119,394 | $57.40 |
| Upper Range (P75) | $151,981 | $73.07 |
| Top Earners (P90) | $180,248 | $86.66 |
Median Salary Position
11.01% below the national average
2026 Salary Percentile Distribution in Pewaukee
In Pewaukee, WI, the actuary salary spread from the 10th to 90th percentile is $105,327 (2026 est.). At $119,394, the local median is 11.01% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Pewaukee: You'd be in the lower-middle range
How Pewaukee Actuary Pay Compares
Pewaukee median: $119,394/year (2026)
| Compared To | Median Salary | Pewaukee Pays |
|---|---|---|
| Wisconsin Average | $125,282 | -4.70% less |
| National Average | $134,160 | -11.01% less |
Actuarys in Pewaukee, WI earn a median of $119,394 per year (2026 est.), which is 11.01% lower than the national median of $134,160 and 4.70% below the Wisconsin state average of $125,282.
Cost-of-Living Adjusted Salary
Pewaukee 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.
Pewaukee, WI has a cost-of-living index of 93.4 (below the national average of 100). A actuary earning $119,394 nominally has purchasing power equivalent to $127,831 in an average-cost city — an effective 7.07% boost.
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2019 BLS Actual
$96,425
2025 BLS Actual
$115,692
2026 Current Est.
$119,394
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Pewaukee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $96,425 | Actual |
| 2020 | $98,810 | Actual |
| 2021 | $94,244 | Actual |
| 2022 | $101,444 | Actual |
| 2023 | $106,793 | Actual |
| 2024 | $108,572 | Actual |
| 2025 | $115,692 | Actual |
| 2026(current) | $119,394 | Estimated |
| 2027 | $123,215 | Projected |
Based on 7 years of BLS OEWS data for the Pewaukee metropolitan area, the median actuary salary grew 20.0% from $96,425 (2019) to $115,692 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $123,215 by 2027 — a total increase of $26,790 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Pewaukee 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) | $74,921 – $90,266 |
| 3-5 years (Mid Career) | $90,266 – $119,394 |
| 5+ years (Experienced) | $119,394 – $151,981 |
| 10+ years (Top Earner) | $151,981 – $180,248 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Pewaukee
The job market for actuaries in Pewaukee reflects a competitive yet careful landscape shaped by the local cost of living index, which stands at 93.4, suggesting that the purchasing power is relatively favorable. Insurance companies, particularly those in property and casualty sectors like State Farm and Progressive, typically offer higher salaries compared to life and health insurance firms. Exam progression serves as a primary driver of compensation, where each passed exam correlates with an average salary increase ranging from $3,000 to $8,000. Moreover, career advancement towards becoming a Fellow of the Society of Actuaries (FSA) or the Casualty Actuarial Society (FCAS) can significantly boost earning potential. Therefore, actuaries in Pewaukee seeking to maximize their pay should focus on passing relevant exams and gaining expertise in high-demand areas such as predictive analytics in consulting firms, which often pay a premium for advanced credentials.
More salary data for Pewaukee, WI:
Frequently Asked Questions
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Related Pages
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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 $115,692 for actuariesin the Pewaukee 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 Pewaukee 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