Actuary Pay

Actuary Salary in Spring Valley, NY: $151,545 (2026)

Quick Answer:A full-time actuary in Spring Valley, NY earns a median $151,545/year (≈ $72.86/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Spring Valley's price level (16% above national, BEA RPP 115.9), that paycheck buys what $130,755 would nationally. Nominal pay sits 2.5% below the New York state average.

$151,545
Median Annual Salary
$72.86/hr
Median Hourly Rate
$89,935
Entry Level (P10)
$234,895
Top Earners (P90)

Based on BLS state-level estimates · View source

Actuary Salary in Spring Valley, NY — 2026 est., based on 2025 BLS
Spring Valley, NY actuary salary overview (2026 est., based on 2025 BLS)

In 2026, actuaries in Spring Valley, NY, are projected to earn a median annual salary of $151,545, reflecting a robust compensation level relative to the national median of $134,160. The salary range for this occupation spans from $89,935 at the 10th percentile to $234,895 at the 90th percentile, indicating significant earning potential, particularly for those with advanced credentials and experience. These estimates, derived from 2025 BLS data and adjusted for regional price parities, highlight the competitive landscape of actuarial pay in the area. Actuaries who gain employment in consulting firms report higher earnings, as roles at organizations like Milliman and Mercer typically command premium salaries compared to those in traditional insurance companies, shaping the local job market accordingly.

About the Spring Valley Market

Salary estimated from New York average ($152,000) adjusted for local cost of living.

Salary Breakdown

PercentileAnnualHourly
Entry Level (P10)$89,935$43.24
Lower Range (P25)$111,147$53.44
Median (P50)(typical)$151,545$72.86
Upper Range (P75)$193,978$93.26
Top Earners (P90)$234,895$112.93

Median Salary Position

$89,935$234,895
City Median: $151,545
National: $134,160
P10–P90 Range

12.96% above the national average

2026 Salary Percentile Distribution in Spring Valley

Vertical bar chart of 10th through 90th percentile salaries for actuarys in Spring Valley. The median salary is $151,545, compared to the national median of $134,160.$80.9K$122.4K$163.8K$205.2K$246.6K$89.9K10th Pctl$111.1K25th Pctl$151.5KMedian$194.0K75th Pctl$234.9K90th PctlUS Median$134.2K

In Spring Valley, NY, the actuary salary spread from the 10th to 90th percentile is $144,960 (2026 est.). At $151,545, the local median is 12.96% above the national median of $134,160.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of actuary pay in the Spring Valley metro area.

Salary Calculator

8 hrs (1 day)24 hrs (3 days)40 hrs (full-time)
$2,914
per week
$12,629
per month
$151,547
per year

At 40 hours/week in Spring Valley: You'd be in the lower-middle range

How Spring Valley Actuary Pay Compares

Spring Valley median: $151,545/year (2026)

Compared ToMedian SalarySpring Valley Pays
New York Average$155,431-2.50% less
National Average$134,160+12.96% more
Horizontal bar chart comparing actuary median salary in Spring Valley ($151,545) with New York average ($155,431) and the US national median ($134,160).Spring Valley$151,545New York Avg$155,431-2.50%US National$134,160+12.96%

Actuarys in Spring Valley, NY earn a median of $151,545 per year (2026 est.), which is 12.96% higher than the national median of $134,160 and 2.50% below the New York state average of $155,431.

Cost-of-Living Adjusted Salary

$151,545
Nominal Salary
115.9
CoL Index
$130,755
Adjusted Salary

Spring Valley has a cost of living 15.90% above the national average.

Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.

The nominal salary is $151,545. After adjusting for a cost-of-living index of 115.9, the purchasing-power equivalent is $130,755, a loss of $20,790.$111.1K$126.9K$142.7K$158.5K$174.3K$151,545NominalSalary$130,755CoL Adjusted(CoL: 115.9) -13.72%US Median $134.2K

Spring Valley, NY has a cost-of-living index of 115.9 (above the national average of 100). While the nominal salary of $151,545 is competitive, the higher cost of living reduces purchasing power to an effective $130,755 — a 13.72% reduction.

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2019 BLS Actual

$122,390

2025 BLS Actual

$146,846

2026 Current Est.

$151,545

2019–2027 Growth

+27.8%

Salary Trajectory for Actuaries in Spring Valley (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.

BLS Actual Estimated Projected
Salary trajectory chart for actuaries in Spring Valley. Baseline $122,390 in 2025, projected to $156,395 by 2027.$109.2K$127.4K$145.7K$163.9K$182.1K2019202020212022202320242025202620272025 BLS$122.4K$125.4K$119.6K$128.8K$135.6K$171.7K$146.8K$151.5K$156.4K
YearAnnual SalaryStatus
2019$122,390Actual
2020$125,418Actual
2021$119,623Actual
2022$128,761Actual
2023$135,550Actual
2024$171,696Actual
2025$146,846Actual
2026(current)$151,545Estimated
2027$156,395Projected

Based on 7 years of BLS OEWS data for the Spring Valley metropolitan area, the median actuary salary grew 20.0% from $122,390 (2019) to $146,846 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $156,395 by 2027 — a total increase of $34,005 (27.78%) from 2019.

Note: Historical values (20192025) are actual BLS OEWS figures for the Spring Valley metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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

ExperienceEstimated Salary Range
0-2 years (New Graduate)$89,935$111,147
3-5 years (Mid Career)$111,147$151,545
5+ years (Experienced)$151,545$193,978
10+ years (Top Earner)$193,978$234,895

ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.

Actuary Job Market in Spring Valley

The job market in Spring Valley has a modest presence with six actuaries currently employed; however, the cost of living, indicated by a CoL index of 115.9, impacts overall take-home pay and purchasing power. Employers such as Prudential and MetLife provide competitive remuneration, especially in the life insurance sector, while consulting firms like WTW and Aon often offer higher compensation packages due to greater demand for specialized skills. Credential progression remains a key factor affecting wages; passing exams tends to result in immediate salary increases of $3,000 to $8,000 per step, with further rewards for attaining Fellowship status. For local actuaries, maximizing earnings could involve pursuing consulting roles, refining predictive analytics skills, or leveraging opportunities for signing bonuses related to exam completion. This proactive approach can ensure that individuals effectively capitalize on the strong salary potential within Spring Valley's unique market.

Frequently Asked Questions

How much do actuaries make in Spring Valley, NY in 2026?

The estimated 2026 median actuary salary in Spring Valley is $151,545/year ($72.86/hour), based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). Salaries range from $89,935 at entry level (10th percentile) to $234,895 for experienced top earners (90th percentile). This puts Spring Valley at 13.0% above the national median. Full-time actuaries typically work 2,080 hours per year, though many positions offer part-time schedules with flexible hours across multiple practices.

Is Spring Valley, NY a good place to work as a actuary?

Spring Valley actuary salaries are 13.0% above the national average and 2.5% below the New York state average. The metro area employs approximately 6 actuaries. With a cost-of-living index of 115.9, you should factor in higher living costs when evaluating compensation. Job availability depends on population density, the number of practices, and retirement turnover in the area.

Can actuaries make $100K in Spring Valley?

Yes — the median actuary salary in Spring Valley is already $151,545, meaning more than half of actuaries here earn six figures. Top earners (90th percentile) make $234,895/year. Factors that push pay above $100K include years of experience, specialty certifications, and working at high-production practices or large organizations.

What is the cost-of-living adjusted actuary salary in Spring Valley?

After adjusting for Spring Valley's cost-of-living index of 115.9 (where 100 equals the national average), the $151,545 nominal salary has purchasing power equivalent to $130,755 in an average-cost city. This means living costs in Spring Valley reduce the effective value of your salary by 13.7% compared to the national average — consider negotiating higher base pay or exploring nearby lower-cost metros.

How much does a actuary make per hour in Spring Valley?

Actuaries in Spring Valley earn a median hourly rate of $72.86, which translates to approximately $151,545/year for full-time work (40 hours/week, 2,080 hours/year). Hourly rates range from $43.24 for entry-level positions to $112.93 for the most experienced practitioners. Part-time and per diem actuaries sometimes command premium hourly rates because practices need flexible scheduling coverage.

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MC

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.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

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 $146,846 for actuariesin the Spring Valley 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 Spring Valley is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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

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