Entry-Level Actuary Salary in Avon Lake, OH: $73,350 (2026)
Quick Answer:New actuaries entering the Avon Lake, OH job market in 2026 can expect a starting salary around $73,350 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Avon Lake's local price level (BEA RPP 90.7 — 9% below national), a first-year paycheck buys what $80,871 would in average-cost America. Most reach the city median ($112,099) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In Avon Lake, Ohio, new graduates entering the actuarial profession can expect a starting actuary salary of approximately $73,350 in 2026. This figure, while below the median salary of $112,099 for the city, offers a feasible entry point for early-career professionals. As they gain experience over the next few years, these actuaries are likely to see their earnings increase, with projections suggesting movement towards the 25th percentile salary of $87,048. Given the city’s modest cost of living index, combined with a growth trajectory of 3.20% annually, Avon Lake presents a viable market for recent grads looking to establish themselves in the field and embark on a rewarding career journey.
About the Avon Lake Market
Salary estimated from Ohio average ($120,000) adjusted for local cost of living.
Career Earnings Timeline in Avon Lake
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Avon Lake
Entry-level actuarys in Avon Lake, OH typically start between $73,350 and $87,048 per year (2026 est.). The full salary range spans $99,341 from the 10th to 90th percentile, with the local median at $112,099 — 16.44% below the national median.
Return on Investment
The average actuarial science program cost in Ohio of $50,000 represents just 68.17% of the starting actuary pay ($73,350/year) in Avon Lake. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates cover bachelor's degree tuition at public and private universities, plus estimated actuarial exam fees and study materials. Employers often cover exam costs once employed.
ASA, FSA Salary Negotiation Tips for New Graduates in Avon Lake
- 1Research the Avon Lake market: entry-level actuary pay ranges from $73,350 to $87,048, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the actuarial science field — employers in OH often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Avon Lake, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Avon Lake for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Avon Lake's below-average cost of living means your starting salary goes further here compared to many larger metro areas.
Actuary Compensation Range
The actuary wage spread in Avon Lake is $99,341 ( 135.43%) between entry-level and top earners. Starting at $73,350, experienced hygienists can earn up to $172,691.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$58,674
2025 BLS Actual
$71,076
2026 Current Est.
$73,350
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Avon Lake (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $58,674 | Actual |
| 2020 | $59,732 | Actual |
| 2021 | $57,226 | Actual |
| 2022 | $64,916 | Actual |
| 2023 | $68,190 | Actual |
| 2024 | $64,953 | Actual |
| 2025 | $71,076 | Actual |
| 2026(current) | $73,350 | Estimated |
| 2027 | $75,698 | Projected |
Entry-level actuary compensation (10th percentile) in Avon Lake, OH grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $58,674 in 2019 to $71,076 in 2025. By 2027, starting salaries are projected to reach $75,698. New graduates entering the Avon Lake job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Avon Lake 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.
Starting Your actuarial science Career in Avon Lake
Employers in Avon Lake known for hiring entry-level actuaries include significant life insurers like Prudential and MetLife, which actively recruit from campus actuarial programs, ensuring new hires receive structured exam support. Health insurance companies and consulting firms such as Milliman and Mercer also seek out new graduates, particularly those who have begun their professional exam journeys. Holding a relevant degree in mathematics or actuarial science can give candidates an edge, and successful completion of initial actuarial exams can add $3,000 to $8,000 to their base salaries. For those on the path to becoming Associates (ASA), typically achieved in 4 to 5 years, and beyond to Fellow status (FSA), this commitment to ongoing education significantly bolsters earning potential. Realistically, new grads in Avon Lake can expect salaries to rise modestly as they progress through the ASA certification, especially if they develop skills in predictive analytics and data science, which are increasingly in demand.
More salary data for Avon Lake, OH:
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
Entry-level 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 10th percentile (entry-level) is used as the starting salary benchmark for new actuarial science graduates. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Avon Lake. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Avon Lake 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