Jersey City vs Passaic: Actuary Salary (2026)
Compare actuary salaries between Jersey City, NJ and Passaic, NJ. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Jersey City, NJ | Passaic, NJ |
|---|---|---|
| Median Salary | $169,486▲ | $151,275 |
| Hourly Rate | $81.49▲ | $72.73 |
| Entry Level (P10) | $98,302▲ | $95,291 |
| 25th Percentile | $122,030▲ | $115,430 |
| 75th Percentile | $216,943▲ | $193,632 |
| Top Earner (P90) | $262,704▲ | $234,476 |
| Total Employed | 42▲ | 18 |
Verdict
Jersey City, NJ offers better overall compensation for actuaries, winning 4 out of 4 metrics compared to Passaic.
The salary gap between Jersey City and Passaic is $18,211 (12.04%). Jersey City's median is +26.33% compared to the US national median of $134,160.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Jersey City spans $164,402,Passaic spans $139,185. Jersey City has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Jersey City ($147,123 effective) pays 12.04% more than Passaic ($131,315 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Jersey City if…
- ✓Higher median salary ($169,486/year)
- ✓Better top-earner potential ($262,704)
- ✓Larger job market (42 employed)
- ✓Better purchasing power (CoL-adjusted: $147,123)
- ✓You prefer the New Jersey area and lifestyle
Choose Passaic if…
- ✓You prefer the New Jersey area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, actuary salaries in Jersey City grew -4.2% from 2024 to 2025, compared to -8.5% growth in Passaic over the same period.
Jersey City, NJ
$171,383 (2024) → $164,231 (2025)
Passaic, NJ
$160,115 (2024) → $146,584 (2025)
View Full Salary Data
Jersey City, NJ
Passaic, NJ
Frequently Asked Questions
Which city pays actuarys more: Jersey City or Passaic?
What is the hourly rate difference between Jersey City and Passaic?
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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
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