Actuary Pay

Camden vs Newark: Actuary Salary (2026)

Compare actuary salaries between Camden, NJ and Newark, NJ. All figures are 2026 estimates projected from BLS 2025 data.

Camden, NJ
$128,710
$61.88/hr
Newark, NJ
$166,873
$80.23/hr

Side-by-Side Comparison

MetricCamden, NJNewark, NJ
Median Salary$128,710$166,873
Hourly Rate$61.88$80.23
Entry Level (P10)$78,491$96,786
25th Percentile$96,272$126,765
75th Percentile$164,748$213,598
Top Earner (P90)$199,500$258,653
Total Employed1661
Side-by-side bar chart comparing Camden ($128,710) and Newark ($166,873) actuary salaries.CamdenNewarkMedian Salary$128,710$166,873Entry Level (P10)$78,491$96,786Top Earner (P90)$199,500$258,653US Median $134,160

Verdict

Newark, NJ offers better overall compensation for actuaries, winning 4 out of 4 metrics compared to Camden.

The salary gap between Camden and Newark is $38,163 (29.65%). Newark's median is +24.38% compared to the US national median of $134,160.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Camden spans $121,009,Newark spans $161,867. Newark has a wider pay range, suggesting more variation in pay between entry-level and experienced actuarys.

Camden
P10 (Entry)$78,491
P25$96,272
Median$128,710
P75$164,748
P90 (Top)$199,500
Newark
P10 (Entry)$96,786
P25$126,765
Median$166,873
P75$213,598
P90 (Top)$258,653

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Newark ($144,855 effective) pays 29.65% more than Camden ($111,727 effective).

Camden
Nominal: $128,710
CoL Index: 115.2
Adjusted: $111,727
Newark
Nominal: $166,873
CoL Index: 115.2
Adjusted: $144,855

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Camden if…

  • You prefer the New Jersey area and lifestyle

Choose Newark if…

  • Higher median salary ($166,873/year)
  • Better top-earner potential ($258,653)
  • Larger job market (61 employed)
  • Better purchasing power (CoL-adjusted: $144,855)
  • You prefer the New Jersey area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, actuary salaries in Camden grew -21.1% from 2024 to 2025, compared to -6.0% growth in Newark over the same period.

Camden, NJ

+-21.1%

$158,081 (2024) → $124,719 (2025)

Newark, NJ

+-6.0%

$172,017 (2024) → $161,699 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays actuarys more: Camden or Newark?

Newark has a higher median actuary salary at $166,873/year, compared to Camden at $128,710/year — a difference of $38,163 (29.65%).

What is the hourly rate difference between Camden and Newark?

Camden actuarys earn $61.88/hr while Newark hygienists earn $80.23/hr (2026 est.).

Should I relocate from Camden to Newark as a actuary?

Consider more than just salary when comparing Camden and Newark. Factor in cost of living (CoL-adjusted: Camden = $111,727, Newark = $144,855), job availability (16 vs 61 employed), commute, and career growth potential.

What do entry-level actuarys earn in Camden vs Newark?

Entry-level (10th percentile) actuarys earn $78,491 in Camden and $96,786 in Newark. The Newark area offers higher starting salaries.
MC

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.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.20% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov