Actuary Salary in Pittsfield, MA: $143,575 (2026)
Quick Answer:A full-time actuary in Pittsfield, MA earns a median $143,575/year (≈ $69.03/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Pittsfield's price level (9% above national, BEA RPP 108.5), that paycheck buys what $132,327 would nationally. Nominal pay sits 1.4% below the Massachusetts state average.
Based on BLS state-level estimates · View source
In 2026, actuaries in Pittsfield, Massachusetts can expect to earn a median salary of $143,575, reflecting a growing demand for their expertise in the local market. The salary range is quite pronounced, from $88,066 at the 10th percentile to $222,542 at the 90th percentile, illustrating the potential for substantial income growth as actuaries progress through the various professional exams. This data, drawn from estimates based on 2025 BLS state-level information and adjusted for regional price parity, indicates a competitive landscape for actuarial talent. As Pittsfield continues to navigate its economic landscape, the demand for skilled actuaries is poised to shape compensation trends, particularly for candidates specializing in specific areas such as property and casualty insurance or consulting.
About the Pittsfield Market
Salary estimated from Massachusetts average ($142,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $88,066 | $42.34 |
| Lower Range (P25) | $112,971 | $54.31 |
| Median (P50)(typical) | $143,575 | $69.03 |
| Upper Range (P75) | $183,103 | $88.03 |
| Top Earners (P90) | $222,542 | $106.99 |
Median Salary Position
7.02% above the national average
2026 Salary Percentile Distribution in Pittsfield
In Pittsfield, MA, the actuary salary spread from the 10th to 90th percentile is $134,476 (2026 est.). At $143,575, the local median is 7.02% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Pittsfield: You'd be in the lower-middle range
How Pittsfield Actuary Pay Compares
Pittsfield median: $143,575/year (2026)
| Compared To | Median Salary | Pittsfield Pays |
|---|---|---|
| Massachusetts Average | $145,614 | -1.40% less |
| National Average | $134,160 | +7.02% more |
Actuarys in Pittsfield, MA earn a median of $143,575 per year (2026 est.), which is 7.02% higher than the national median of $134,160 and 1.40% below the Massachusetts state average of $145,614.
Cost-of-Living Adjusted Salary
Pittsfield has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Pittsfield, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $143,575 is competitive, the higher cost of living reduces purchasing power to an effective $132,327 — a 7.83% reduction.
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2019 BLS Actual
$115,954
2025 BLS Actual
$139,123
2026 Current Est.
$143,575
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Pittsfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $115,954 | Actual |
| 2020 | $118,822 | Actual |
| 2021 | $113,332 | Actual |
| 2022 | $121,989 | Actual |
| 2023 | $128,421 | Actual |
| 2024 | $151,965 | Actual |
| 2025 | $139,123 | Actual |
| 2026(current) | $143,575 | Estimated |
| 2027 | $148,169 | Projected |
Based on 7 years of BLS OEWS data for the Pittsfield metropolitan area, the median actuary salary grew 20.0% from $115,954 (2019) to $139,123 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $148,169 by 2027 — a total increase of $32,215 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Pittsfield 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) | $88,066 – $112,971 |
| 3-5 years (Mid Career) | $112,971 – $143,575 |
| 5+ years (Experienced) | $143,575 – $183,103 |
| 10+ years (Top Earner) | $183,103 – $222,542 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Pittsfield
Currently, there are approximately 10 actuaries employed in Pittsfield, which indicates a relatively tight job market for this profession. The local cost of living index stands at 108.5, indicating prices are higher than the national average and impacting the effective purchasing power of salaries. Employers such as life insurance firms (e.g., Prudential and MetLife) and consulting agencies (like Mercer and Aon) tend to offer some of the highest pay in the area, particularly to those who have achieved Fellowship status. The significant variation in salaries can often be attributed to factors like exam progression, where passing each exam yields pay increases of $3,000 to $8,000, as well as the level of credential (ASA versus FSA) and market specialization. For those in Pittsfield looking to maximize their pay, focusing on obtaining further credentials, developing specialty skills, and considering employment with higher-paying sectors can prove beneficial.
More salary data for Pittsfield, MA:
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
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 $139,123 for actuariesin the Pittsfield 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 Pittsfield 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