Actuary Salary in South Brunswick, NJ: $151,421 (2026)
Quick Answer:A full-time actuary in South Brunswick, NJ earns a median $151,421/year (≈ $72.80/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in South Brunswick's price level (15% above national, BEA RPP 115.2), that paycheck buys what $131,442 would nationally. Nominal pay sits 2.0% below the New Jersey state average.
Based on BLS state-level estimates · View source
In South Brunswick, New Jersey, the 2026 median annual salary for actuaries is projected at $151,421, representing an attractive opportunity compared to the national median of $134,160. The local salary range spans from $91,180 at the 10th percentile to $234,703 at the 90th percentile, indicating substantial earning potential as actuaries progress in their careers. These figures are drawn from estimates based on 2025 BLS data, adjusted for regional cost considerations. The actuarial job market in South Brunswick features both life and health as well as property and casualty specialties, allowing professionals specialized in SOC 15-2011 to thrive in diverse sectors.
About the South Brunswick Market
Salary estimated from New Jersey average ($142,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $91,180 | $43.84 |
| Lower Range (P25) | $112,031 | $53.86 |
| Median (P50)(typical) | $151,421 | $72.80 |
| Upper Range (P75) | $191,663 | $92.15 |
| Top Earners (P90) | $234,703 | $112.84 |
Median Salary Position
12.87% above the national average
2026 Salary Percentile Distribution in South Brunswick
In South Brunswick, NJ, the actuary salary spread from the 10th to 90th percentile is $143,523 (2026 est.). At $151,421, the local median is 12.87% above the national median of $134,160.
Salary Calculator
At 40 hours/week in South Brunswick: You'd be in the lower-middle range
How South Brunswick Actuary Pay Compares
South Brunswick median: $151,421/year (2026)
| Compared To | Median Salary | South Brunswick Pays |
|---|---|---|
| New Jersey Average | $154,511 | -2.00% less |
| National Average | $134,160 | +12.87% more |
Actuarys in South Brunswick, NJ earn a median of $151,421 per year (2026 est.), which is 12.87% higher than the national median of $134,160 and 2.00% below the New Jersey state average of $154,511.
Cost-of-Living Adjusted Salary
South Brunswick has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
South Brunswick, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $151,421 is competitive, the higher cost of living reduces purchasing power to an effective $131,442 — a 13.19% reduction.
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2019 BLS Actual
$122,290
2025 BLS Actual
$146,726
2026 Current Est.
$151,421
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in South Brunswick (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $122,290 | Actual |
| 2020 | $125,315 | Actual |
| 2021 | $119,525 | Actual |
| 2022 | $128,656 | Actual |
| 2023 | $135,439 | Actual |
| 2024 | $160,270 | Actual |
| 2025 | $146,726 | Actual |
| 2026(current) | $151,421 | Estimated |
| 2027 | $156,267 | Projected |
Based on 7 years of BLS OEWS data for the South Brunswick metropolitan area, the median actuary salary grew 20.0% from $122,290 (2019) to $146,726 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $156,267 by 2027 — a total increase of $33,977 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the South Brunswick 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) | $91,180 – $112,031 |
| 3-5 years (Mid Career) | $112,031 – $151,421 |
| 5+ years (Experienced) | $151,421 – $191,663 |
| 10+ years (Top Earner) | $191,663 – $234,703 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in South Brunswick
With only seven actuaries employed locally, South Brunswick has a tight-knit job market that may limit options but also fosters strong professional relationships. The cost of living index at 115.2 suggests that while salaries are competitive, living expenses could impact take-home pay. Employers like Prudential and MetLife typically offer higher compensation levels within the life insurance domain, while firms such as State Farm, Progressive, and consulting giants like Aon also provide lucrative positions. The variance in actuary pay in South Brunswick is significantly affected by exam progression, with each passed exam leading to an increase in overall compensation. Actuaries are encouraged to pursue speaking opportunities, workshops, and networking events that may not only enhance their skills but also lead to better job offers and higher salaries in the competitive South Brunswick market.
More salary data for South Brunswick, NJ:
Frequently Asked Questions
How much do actuaries make in South Brunswick, NJ in 2026?
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Can actuaries make $100K in South Brunswick?
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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 $146,726 for actuariesin the South Brunswick 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 South Brunswick 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