Newark vs Toms River: Actuary Salary (2026)
Compare actuary salaries between Newark, NJ and Toms River, NJ. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Newark, NJ | Toms River, NJ |
|---|---|---|
| Median Salary | $166,873▲ | $152,377 |
| Hourly Rate | $80.23▲ | $73.26 |
| Entry Level (P10) | $96,786 | $97,741▲ |
| 25th Percentile | $126,765▲ | $117,587 |
| 75th Percentile | $213,598▲ | $195,043 |
| Top Earner (P90) | $258,653▲ | $236,185 |
| Total Employed | 61▲ | 17 |
Verdict
Newark, NJ offers better overall compensation for actuaries, winning 4 out of 4 metrics compared to Toms River.
The salary gap between Newark and Toms River is $14,496 (9.51%). 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 Newark spans $161,867,Toms River spans $138,444. Newark 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, Newark ($144,855 effective) pays 9.51% more than Toms River ($132,272 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
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
Choose Toms River if…
- ✓You prefer the New Jersey area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, actuary salaries in Newark grew -6.0% from 2024 to 2025, compared to -8.5% growth in Toms River over the same period.
Newark, NJ
$172,017 (2024) → $161,699 (2025)
Toms River, NJ
$161,281 (2024) → $147,652 (2025)
View Full Salary Data
Newark, NJ
Toms River, NJ
Frequently Asked Questions
Which city pays actuarys more: Newark or Toms River?
What is the hourly rate difference between Newark and Toms River?
Should I relocate from Newark to Toms River as a actuary?
What do entry-level actuarys earn in Newark vs Toms River?
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