Actuary Salary in Long Branch, NJ: $150,797 (2026)
Quick Answer:A full-time actuary in Long Branch, NJ earns a median $150,797/year (≈ $72.50/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Long Branch's price level (15% above national, BEA RPP 115.2), that paycheck buys what $130,900 would nationally. Nominal pay sits 2.4% below the New Jersey state average.
Based on BLS state-level estimates · View source
In Long Branch, New Jersey, the projected median salary for actuaries in 2026 is $150,797, situated significantly above the national median of $134,160. This salary reflects a competitive local job market where actuaries can expect to see compensation ranging from $89,770 at the 10th percentile to $233,736 at the 90th percentile, based on estimates derived from 2025 BLS data and regional cost adjustments. The local actuarial pay dynamics illustrate a notable contrast between consulting firms like Milliman and Mercer, which typically offer higher compensation at the Fellow level, compared to traditional insurers. Moreover, the concentrated presence of actuaries in the area indicates a strong demand for analytical expertise across various segments, making Long Branch a promising location for actuarial professionals.
About the Long Branch Market
Salary estimated from New Jersey average ($142,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $89,770 | $43.16 |
| Lower Range (P25) | $110,805 | $53.27 |
| Median (P50)(typical) | $150,797 | $72.50 |
| Upper Range (P75) | $193,020 | $92.80 |
| Top Earners (P90) | $233,736 | $112.37 |
Median Salary Position
12.40% above the national average
2026 Salary Percentile Distribution in Long Branch
In Long Branch, NJ, the actuary salary spread from the 10th to 90th percentile is $143,966 (2026 est.). At $150,797, the local median is 12.4% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Long Branch: You'd be in the lower-middle range
How Long Branch Actuary Pay Compares
Long Branch median: $150,797/year (2026)
| Compared To | Median Salary | Long Branch Pays |
|---|---|---|
| New Jersey Average | $154,505 | -2.40% less |
| National Average | $134,160 | +12.40% more |
Actuarys in Long Branch, NJ earn a median of $150,797 per year (2026 est.), which is 12.40% higher than the national median of $134,160 and 2.40% below the New Jersey state average of $154,505.
Cost-of-Living Adjusted Salary
Long Branch has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Long Branch, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $150,797 is competitive, the higher cost of living reduces purchasing power to an effective $130,900 — a 13.19% reduction.
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2019 BLS Actual
$121,786
2025 BLS Actual
$146,121
2026 Current Est.
$150,797
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Long Branch (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $121,786 | Actual |
| 2020 | $124,799 | Actual |
| 2021 | $119,032 | Actual |
| 2022 | $128,126 | Actual |
| 2023 | $134,881 | Actual |
| 2024 | $159,609 | Actual |
| 2025 | $146,121 | Actual |
| 2026(current) | $150,797 | Estimated |
| 2027 | $155,622 | Projected |
Based on 7 years of BLS OEWS data for the Long Branch metropolitan area, the median actuary salary grew 20.0% from $121,786 (2019) to $146,121 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $155,622 by 2027 — a total increase of $33,836 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Long Branch 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) | $89,770 – $110,805 |
| 3-5 years (Mid Career) | $110,805 – $150,797 |
| 5+ years (Experienced) | $150,797 – $193,020 |
| 10+ years (Top Earner) | $193,020 – $233,736 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Long Branch
As of now, there are only eight actuaries employed in Long Branch, creating a tight-knit community but potentially limiting broader job opportunities. The area's cost of living index, standing at 115.2, suggests that while salaries appear strong, they may not stretch as far as they would in lower-cost areas. This reality can impact purchasing power, particularly for early-career actuaries or those still in the examination process who might be on the lower end of the salary spectrum. Among local employers, firms like Prudential and MetLife are known for higher compensation packages, especially in specialty areas such as life insurance. Compensation spreads can often be attributed to exam progressions, where each passed exam can translate into significant salary increases, along with market demands for specific skills in fields like predictive analytics and data science. For those looking to optimize their earning potential in Long Branch, focusing on credentials like ASA or FSA, pursuing relevant specialty markets, and negotiating based on skills and completed exams can be effective strategies.
More salary data for Long Branch, NJ:
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 $146,121 for actuariesin the Long Branch 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 Long Branch 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