Actuary Salary in Camden, NJ: $128,710 (2026)
Quick Answer:A full-time actuary in Camden, NJ earns a median $128,710/year (≈ $61.88/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Camden's price level (15% above national, BEA RPP 115.2), that paycheck buys what $111,727 would nationally. Nominal pay sits 16.7% below the New Jersey state average.
Based on BLS state-level estimates · View source
In 2026, actuaries in Camden, New Jersey, can expect a median annual salary of $128,710, which is about 4.06% lower than the national median of $134,160. The salary range for this profession varies significantly, with entry-level positions earning around $78,491 and experienced actuaries potentially making as much as $199,500 annually. These projections are derived from BLS state-level data, adjusted for regional cost of living, which is highlighted by Camden's indexed value. As the job market continues to grow, Camden presents a promising environment for actuaries specializing in various sectors, particularly within the life, health, pension, and property and casualty markets.
About the Camden Market
Salary estimated from New Jersey average ($142,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $78,491 | $37.74 |
| Lower Range (P25) | $96,272 | $46.29 |
| Median (P50)(typical) | $128,710 | $61.88 |
| Upper Range (P75) | $164,748 | $79.21 |
| Top Earners (P90) | $199,500 | $95.91 |
Median Salary Position
4.06% below the national average
2026 Salary Percentile Distribution in Camden
In Camden, NJ, the actuary salary spread from the 10th to 90th percentile is $121,009 (2026 est.). At $128,710, the local median is 4.06% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Camden: You'd be in the lower-middle range
How Camden Actuary Pay Compares
Camden median: $128,710/year (2026)
| Compared To | Median Salary | Camden Pays |
|---|---|---|
| New Jersey Average | $154,514 | -16.70% less |
| National Average | $134,160 | -4.06% less |
Actuarys in Camden, NJ earn a median of $128,710 per year (2026 est.), which is 4.06% lower than the national median of $134,160 and 16.70% below the New Jersey state average of $154,514.
Cost-of-Living Adjusted Salary
Camden has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Camden, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $128,710 is competitive, the higher cost of living reduces purchasing power to an effective $111,727 — a 13.19% reduction.
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
$103,948
2025 BLS Actual
$124,719
2026 Current Est.
$128,710
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Camden (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $103,948 | Actual |
| 2020 | $106,520 | Actual |
| 2021 | $101,598 | Actual |
| 2022 | $109,359 | Actual |
| 2023 | $115,125 | Actual |
| 2024 | $158,081 | Actual |
| 2025 | $124,719 | Actual |
| 2026(current) | $128,710 | Estimated |
| 2027 | $132,829 | Projected |
Based on 7 years of BLS OEWS data for the Camden metropolitan area, the median actuary salary grew 20.0% from $103,948 (2019) to $124,719 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $132,829 by 2027 — a total increase of $28,881 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Camden 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) | $78,491 – $96,272 |
| 3-5 years (Mid Career) | $96,272 – $128,710 |
| 5+ years (Experienced) | $128,710 – $164,748 |
| 10+ years (Top Earner) | $164,748 – $199,500 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Camden
Though Camden employs only 16 actuaries, the relatively small market can still offer competitive pay, especially given the local cost of living index of 115.2, indicating higher expenses than the national average. Major employers like UnitedHealth and Prudential tend to offer some of the highest compensation packages, especially for credentialed professionals who have demonstrated their expertise through exam progression. The disparity in pay often arises due to varying specialty markets and credentials; for instance, actuaries in property and casualty sectors or consulting roles typically receive higher wages. For those considering how much do actuaries make in Camden, strategies for maximizing pay include pursuing advanced credentials such as FSA or FCAS, along with enhancing skills in predictive analytics, which are increasingly valuable in today's job market.
More salary data for Camden, NJ:
Frequently Asked Questions
How much do actuaries make in Camden, NJ in 2026?
Is Camden, NJ a good place to work as a actuary?
Can actuaries make $100K in Camden?
What is the cost-of-living adjusted actuary salary in Camden?
How much does a actuary make per hour in Camden?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in New Jersey
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 $124,719 for actuariesin the Camden 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 Camden 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