Actuary Salary in Warren, MI: $108,074 (2026)
Quick Answer:A full-time actuary in Warren, MI earns a median $108,074/year (≈ $51.96/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Warren's price level (7% below national, BEA RPP 93.2), that paycheck buys what $115,959 would nationally. Nominal pay sits 13.6% below the Michigan state average.
Based on BLS state-level estimates · View source
In 2026, actuaries in Warren, Michigan are projected to earn a median annual salary of $108,074, which is significantly lower than the national median of $134,160. The salary range for this profession spans from $67,190 at the 10th percentile to $167,515 at the 90th percentile, reflecting the variance in experience and specialization levels among local actuaries. These figures are based on estimates derived from 2025 BLS state-level data, adjusted for regional cost variations. The difference in compensation levels between consulting firms like Milliman, Mercer, and WTW and insurance entities is also notable. Generally, actuaries who have achieved Fellowship status (FSA/FCAS) in consulting tend to command higher salaries due to the more sophisticated analytical skills required in those roles, highlighting a dynamic job market in Warren.
About the Warren Market
Salary estimated from Michigan average ($120,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $67,190 | $32.30 |
| Lower Range (P25) | $81,992 | $39.42 |
| Median (P50)(typical) | $108,074 | $51.96 |
| Upper Range (P75) | $138,334 | $66.50 |
| Top Earners (P90) | $167,515 | $80.54 |
Median Salary Position
19.44% below the national average
2026 Salary Percentile Distribution in Warren
In Warren, MI, the actuary salary spread from the 10th to 90th percentile is $100,325 (2026 est.). At $108,074, the local median is 19.44% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Warren: You'd be in the lower-middle range
How Warren Actuary Pay Compares
Warren median: $108,074/year (2026)
| Compared To | Median Salary | Warren Pays |
|---|---|---|
| Michigan Average | $125,086 | -13.60% less |
| National Average | $134,160 | -19.44% less |
Actuarys in Warren, MI earn a median of $108,074 per year (2026 est.), which is 19.44% lower than the national median of $134,160 and 13.60% below the Michigan state average of $125,086.
Cost-of-Living Adjusted Salary
Warren has a cost of living 6.80% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Warren, MI has a cost-of-living index of 93.2 (below the national average of 100). A actuary earning $108,074 nominally has purchasing power equivalent to $115,959 in an average-cost city — an effective 7.3% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$87,283
2025 BLS Actual
$104,723
2026 Current Est.
$108,074
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Warren (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $87,283 | Actual |
| 2020 | $89,441 | Actual |
| 2021 | $85,309 | Actual |
| 2022 | $91,826 | Actual |
| 2023 | $96,667 | Actual |
| 2024 | $111,978 | Actual |
| 2025 | $104,723 | Actual |
| 2026(current) | $108,074 | Estimated |
| 2027 | $111,533 | Projected |
Based on 7 years of BLS OEWS data for the Warren metropolitan area, the median actuary salary grew 20.0% from $87,283 (2019) to $104,723 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $111,533 by 2027 — a total increase of $24,250 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Warren 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) | $67,190 – $81,992 |
| 3-5 years (Mid Career) | $81,992 – $108,074 |
| 5+ years (Experienced) | $108,074 – $138,334 |
| 10+ years (Top Earner) | $138,334 – $167,515 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Warren
There are currently 27 actuaries employed in the Warren area, and while this number may appear modest, it forms a vital part of the local insurance and consulting landscape. The lower cost-of-living index of 93.2 indicates that purchasing power can be somewhat favorable, which makes the actuary salary in Warren relatively appealing despite its below-national-average standing. Among local employers, life insurance companies like Prudential and MetLife typically offer competitive compensation, while consulting firms also provide substantial financial incentives, especially for those with advanced qualifications. Variances in pay can significantly depend on factors like exam progression and specialty; actuaries progressing towards Fellowship or those who pass additional exams can see substantial pay increases. For maximizing earnings in Warren, focusing on acquiring certifications and reinforcing skills in predictive analytics will be essential, as these competencies are becoming increasingly demanded in both insurance and consulting environments.
More salary data for Warren, MI:
Frequently Asked Questions
How much do actuaries make in Warren, MI in 2026?
Is Warren, MI a good place to work as a actuary?
Can actuaries make $100K in Warren?
What is the cost-of-living adjusted actuary salary in Warren?
How much does a actuary make per hour in Warren?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Michigan
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 $104,723 for actuariesin the Warren 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 Warren 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