Actuary Salary in Hanover, NH: $114,829 (2026)
Quick Answer:A full-time actuary in Hanover, NH earns a median $114,829/year (≈ $55.20/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Hanover's price level (7% above national, BEA RPP 107.3), that paycheck buys what $107,017 would nationally. Nominal pay sits 4.2% below the New Hampshire state average.
Based on BLS state-level estimates · View source
In Hanover, New Hampshire, actuaries can expect a competitive median annual salary of $114,829, which reflects a noticeable difference when compared to the national median of $134,160. The local salary range suggests significant earning potential, with entry-level positions starting at $72,916 and seasoned professionals reaching up to $174,444. These figures, based on 2025 BLS data projected to 2026, indicate a stable market for actuaries, supported by the region's cost of living adjustments. Given the high demand for actuarial expertise in various sectors, including insurance and consulting, Hanover presents a viable environment for both new entrants and experienced professionals aiming to advance their careers.
About the Hanover Market
Salary estimated from New Hampshire average ($120,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $72,916 | $35.06 |
| Lower Range (P25) | $92,044 | $44.25 |
| Median (P50)(typical) | $114,829 | $55.20 |
| Upper Range (P75) | $144,320 | $69.38 |
| Top Earners (P90) | $174,444 | $83.87 |
Median Salary Position
14.41% below the national average
2026 Salary Percentile Distribution in Hanover
In Hanover, NH, the actuary salary spread from the 10th to 90th percentile is $101,528 (2026 est.). At $114,829, the local median is 14.41% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Hanover: You'd be in the lower-middle range
How Hanover Actuary Pay Compares
Hanover median: $114,829/year (2026)
| Compared To | Median Salary | Hanover Pays |
|---|---|---|
| New Hampshire Average | $119,863 | -4.20% less |
| National Average | $134,160 | -14.41% less |
Actuarys in Hanover, NH earn a median of $114,829 per year (2026 est.), which is 14.41% lower than the national median of $134,160 and 4.20% below the New Hampshire state average of $119,863.
Cost-of-Living Adjusted Salary
Hanover has a cost of living 7.30% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Hanover, NH has a cost-of-living index of 107.3 (above the national average of 100). While the nominal salary of $114,829 is competitive, the higher cost of living reduces purchasing power to an effective $107,017 — a 6.8% reduction.
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2019 BLS Actual
$92,738
2025 BLS Actual
$111,268
2026 Current Est.
$114,829
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Hanover (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $92,738 | Actual |
| 2020 | $95,031 | Actual |
| 2021 | $90,641 | Actual |
| 2022 | $97,565 | Actual |
| 2023 | $102,709 | Actual |
| 2024 | $123,295 | Actual |
| 2025 | $111,268 | Actual |
| 2026(current) | $114,829 | Estimated |
| 2027 | $118,503 | Projected |
Based on 7 years of BLS OEWS data for the Hanover metropolitan area, the median actuary salary grew 20.0% from $92,738 (2019) to $111,268 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $118,503 by 2027 — a total increase of $25,765 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hanover 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) | $72,916 – $92,044 |
| 3-5 years (Mid Career) | $92,044 – $114,829 |
| 5+ years (Experienced) | $114,829 – $144,320 |
| 10+ years (Top Earner) | $144,320 – $174,444 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Hanover
The job market for actuaries in Hanover remains tight, with only five actuaries actively employed in the area, emphasizing the specialized nature of this field. The area's cost of living index sits at 107.3, slightly above the national average, which can influence take-home pay and purchasing power for actuaries. Key employers in the region include prominent life insurance firms like Prudential and consulting powerhouses like Mercer and Aon, which typically offer higher salaries compared to other sectors. Salary variations often arise from factors such as exam progression, where each completed exam can boost earnings by $3,000 to $8,000. For those striving to maximize their actuary pay in Hanover NH, focusing on qualifications like ASA to FSA transitions and acquiring in-demand skills in predictive analytics can significantly enhance both career trajectory and compensation potential.
More salary data for Hanover, NH:
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 $111,268 for actuariesin the Hanover 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 Hanover 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