Actuary Salary in Ohio: $114,124 (2026)

Quick Answer:Across Ohio's 67 metropolitan areas, the average median actuary pay sits at $114,124/year heading into 2026 — a figure projected from 2025 BLS OEWS wage data for SOC 15-2011. Because Ohio sits at BEA RPP 90.7 (9% below the U.S. baseline), that statewide median translates to roughly $125,826 in nationally-comparable purchasing power. Highest-paying metros: Toledo ($120,413), Canton ($119,369), Lorain ($119,182).

Actuary Salary in Ohio - 2025 BLS Data Infographic — Ohio actuary salary overview (2026)

$114,124

Avg Median Salary

$54.87

Avg Hourly Rate

1,437

Metro Employed

Cities

In Ohio, the projected average median salary for actuaries in 2026 is $114,124, which is significantly below the national median of $134,160, reflecting a variance of -14.9%. The highest-paying city in the state is Toledo, offering an average salary of $124,266, while Cleveland has the lowest at $108,226, resulting in a salary gap of $16,040. Factors contributing to this disparity include the cost of living, local demand for actuaries, and the concentration of employers in various sectors like insurance and finance. Ohio actuaries must navigate state licensing requirements that align with national standards, and staying current on continuing education ensures compliance with evolving regulations. The job market for actuaries in the state shows promise, with a projected annual growth rate of 3.20%, indicating steady demand for the profession. Major contributing factors to demand include increasing data analytics needs and risk management roles across various industries. The top five projected cities for actuary salaries in 2026, besides Toledo, are Canton at $123,189, Lorain at $122,996, Springfield at $122,765, and Parma at $122,658. Understanding regional dynamics will be essential for professionals seeking to maximize their career opportunities in Ohio.

Ohio Actuary Salary Range

Entry Level (10th %ile)

$75,275

avg across 67 cities

Median

$114,124

state average

Top Earners (90th %ile)

$179,024

avg across 67 cities

Overall salary range in Ohio: $66,079 (lowest entry-level) to $192,612 (highest top earner)

Ohio vs National Average

Ohio

$114,124

National Median

$134,160

Ohio actuaries earn 14.93% less than the national median ($-20,036/year difference).

Ohio Actuary Salary Distribution (2026)

Actuary salaries in Ohio range from $75,275 (entry-level, 10th percentile) to $179,024 (top earners, 90th percentile), with a median of $114,124. The Ohio median is $20,036 below the US national median of $134,160. The average hourly rate is $54.87/hr. Approximately 1,437 actuarys are employed across 67 cities.

2019 BLS Actual

$96,532

2025 BLS Actual

$110,585

2026 Current Est.

$114,124

2019–2027 Growth

+22.0%

Salary Trajectory for Actuaries in Ohio (2019–2027)

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

BLS Actual Estimated Projected

Year	Annual Salary	Status
2019	$96,532	Actual
2020	$90,928	Actual
2021	$100,606	Actual
2022	$102,331	Actual
2023	$112,383	Actual
2024	$109,885	Actual
2025	$110,585	Actual
2026(current)	$114,124	Estimated
2027	$117,776	Projected

Based on 7 years of BLS OEWS data for the Ohio metropolitan area, the median actuary salary grew 14.6% from $96,532 (2019) to $110,585 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $117,776 by 2027 — a total increase of $21,244 (22.01%) from 2019.

Note: Historical values (2019–2025) are actual BLS OEWS figures for the Ohio 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.

Top 5 Highest Paying Cities in Ohio

Toledo

43 employed · $59.74/hr

$124,266

+8.89% vs avg

Canton

17 employed · $59.23/hr

$123,189

+7.94% vs avg

Lorain

12 employed · $59.13/hr

$122,996

+7.77% vs avg

Springfield

8 employed · $59.02/hr

$122,765

+7.57% vs avg

Parma

12 employed · $58.97/hr

$122,658

+7.48% vs avg

Lowest Paying Cities in Ohio

City	Median Salary	vs State Avg	Hourly
Cleveland	$108,226	-5.17%	$52.03
Columbus	$109,949	-3.66%	$52.86
Solon	$111,834	-2.01%	$53.77
Centerville	$111,852	-1.99%	$53.78
Avon Lake	$112,099	-1.77%	$53.89

Best Value Cities for Actuaries in Ohio

When adjusted for local cost of living, these Ohio cities offer the most purchasing power for actuaries.

City	Nominal Salary	CoL Index	Adjusted Salary
Toledo	$124,266	90.7	$137,008
Canton	$123,189	90.7	$135,820
Lorain	$122,996	90.7	$135,607
Springfield	$122,765	90.7	$135,353
Parma	$122,658	90.7	$135,235

Adjusted salary = nominal salary × (100 / CoL index). CoL index: 100 = national average. Lower index = lower cost of living.

Salary by Experience Level in Ohio

Experience Level	Estimated Annual	Est. Hourly	Description
Entry Level (0-2 years)	$75,275	$36.19	10th percentile, new graduates
Mid Career (3-7 years)	$114,124	$54.87	50th percentile, median salary
Experienced (7+ years)	$179,024	$86.07	90th percentile, top earners

Estimates based on BLS percentile data averaged across Ohio metro areas. Individual pay varies by employer, certifications, and specialization.

All 67 Cities in Ohio

#	City	Median Salary	Hourly	Entry (P10)	Top (P90)	Employed
1	Toledo	$124,266	$59.74	$72,075	$192,612	43
2	Canton	$123,189	$59.23	$73,925	$190,943	17
3	Lorain	$122,996	$59.13	$71,338	$190,643	12
4	Springfield	$122,765	$59.02	$73,483	$190,285	8
5	Parma	$122,658	$58.97	$73,246	$190,120	12
6	Cuyahoga Falls	$122,158	$58.73	$71,633	$189,345	11
7	Hamilton	$121,734	$58.52	$71,073	$188,687	11
8	Akron	$121,188	$58.27	$79,010	$172,602	50
9	Lakewood	$121,069	$58.20	$70,220	$187,657	11
10	Sandusky	$120,927	$58.14	$75,705	$187,436	5
11	Bowling Green	$120,908	$58.13	$75,662	$187,407	7
12	Lancaster	$120,870	$58.11	$75,574	$187,348	7
13	Zanesville	$120,861	$58.10	$75,553	$187,334	5
14	Westlake	$120,653	$58.01	$75,073	$187,013	5
15	Middletown	$120,606	$57.99	$74,963	$186,939	9
16	Grove City	$120,256	$57.81	$74,160	$186,397	7
17	Delaware	$120,162	$57.77	$73,943	$186,251	7
18	Gahanna	$120,143	$57.76	$73,899	$186,222	9
19	Westerville	$120,067	$57.72	$73,726	$186,104	8
20	Dayton	$120,014	$57.70	$71,828	$186,022	33
21	Huber Heights	$119,784	$57.59	$72,572	$185,666	11
22	Lima	$119,700	$57.54	$79,028	$185,534	8
23	North Ridgeville	$119,689	$57.54	$72,862	$185,519	8
24	North Royalton	$119,520	$57.46	$71,971	$185,256	7
25	North Olmsted	$119,095	$57.26	$71,510	$184,597	8
26	Reynoldsburg	$118,887	$57.16	$70,538	$184,276	8
27	Kettering	$118,842	$57.13	$73,963	$184,205	10
28	Youngstown	$118,640	$57.04	$73,883	$183,892	15
29	Strongsville	$118,490	$56.97	$69,646	$183,660	8
30	Mansfield	$118,368	$56.90	$69,371	$183,471	11
31	Warren	$118,321	$56.88	$69,765	$183,398	9
32	Beavercreek	$118,217	$56.83	$75,226	$183,236	8
33	Brunswick	$117,754	$56.62	$78,086	$182,520	6
34	Wooster	$117,754	$56.62	$77,713	$182,520	6
35	Elyria	$117,571	$56.52	$71,667	$182,235	14
36	Shaker Heights	$117,331	$56.41	$77,114	$181,863	7
37	Medina	$117,254	$56.37	$77,057	$181,743	6
38	Dublin	$116,876	$56.19	$76,193	$181,158	9
39	Fairfield	$116,867	$56.18	$76,048	$181,144	9
40	Mentor	$116,744	$56.13	$75,767	$180,953	9
41	Massillon	$116,432	$55.98	$75,181	$180,470	7
42	Mason	$116,234	$55.88	$74,240	$180,163	7
43	Avon	$116,089	$55.81	$73,100	$179,798	6
44	Marion	$115,913	$55.73	$73,883	$179,665	7
45	Stow	$115,903	$55.72	$73,494	$179,650	9
46	Newark	$115,837	$55.69	$73,833	$179,547	10
47	Findlay	$115,714	$55.64	$73,557	$179,356	8
48	Green	$115,535	$55.54	$72,666	$179,080	4
49	Barberton	$115,535	$55.54	$73,153	$179,080	6
50	Austintown	$115,488	$55.52	$72,560	$179,007	7
51	Cleveland Heights	$115,469	$55.51	$73,006	$178,978	9
52	Upper Arlington	$115,318	$55.44	$72,544	$178,742	9
53	Xenia	$115,318	$55.44	$72,666	$178,742	7
54	Hilliard	$115,176	$55.38	$71,862	$178,524	9
55	Oxford	$114,817	$55.20	$70,001	$177,966	6
56	Chillicothe	$114,570	$55.08	$69,054	$177,582	6
57	Perrysburg	$114,148	$54.88	$78,173	$176,930	6
58	Trotwood	$114,112	$54.86	$78,086	$176,874	6
59	Athens	$112,904	$54.28	$71,847	$175,001	5
60	Tiffin	$112,273	$53.97	$73,877	$173,281	6
61	Cincinnati	$112,251	$53.96	$83,716	$180,796	340
62	Wadsworth	$112,181	$53.93	$73,175	$173,240	6
63	Avon Lake	$112,099	$53.89	$73,350	$172,691	5
64	Centerville	$111,852	$53.78	$72,411	$172,126	6
65	Solon	$111,834	$53.77	$72,857	$173,342	6
66	Columbus	$109,949	$52.86	$66,079	$173,913	300
67	Cleveland	$108,226	$52.03	$79,980	$170,445	180

More Ohio Salary Data

Hourly Rates

Explore actuary hourly pay in Ohio cities.

Toledo →Canton →Lorain →

Entry Level

Starting salaries for new actuaries.

Toledo →Canton →Lorain →

Senior / Experienced

Top earner salaries for experienced actuaries.

Toledo →Canton →Lorain →

Compare Cities in Ohio

Cincinnati, OHvsColumbus, OH Cincinnati, OHvsCleveland, OH Columbus, OHvsCleveland, OH Cincinnati, OHvsAkron, OH Cincinnati, OHvsToledo, OH Cincinnati, OHvsDayton, OH

View all comparisons →

Explore More Actuary Salary Data

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Frequently Asked Questions

How much do actuaries make in Ohio in 2026?

The average median actuary salary in Ohio is $114,124/year across 67 metro areas, based on estimated 2026 (projected from 2025 BLS data). Salaries range from $108,226 in Cleveland to $124,266 in Toledo. This makes Ohio 14.93% below the national median of $134,160. The state employs approximately 1,437 actuaries.

What is the highest paying city for actuaries in Ohio?

Toledo offers the highest actuary salary in Ohio at $124,266/year ($59.74/hr), based on estimated 2026 (projected from 2025 BLS data). The top 3 highest-paying cities are Toledo ($124,266), Canton ($123,189), Lorain ($122,996). Higher pay in these metros is typically driven by cost of living, demand for actuarial science services, and competition among employers for licensed actuaries.

How does Ohio actuary pay compare to the national average?

Ohio's average actuary salary of $114,124 is 14.93% below the national median of $134,160 in 2026. The state employs approximately 1,437 actuaries across 67 metropolitan areas. When comparing salaries, consider cost-of-living differences — a lower nominal salary in an affordable area may provide better purchasing power than a higher salary in an expensive metro.

What is the entry-level actuary salary in Ohio?

Entry-level actuaries (10th percentile) in Ohio earn approximately $75,275/year on average, based on estimated 2026 (projected from 2025 BLS data). Starting salaries range from $66,079 in lower-paying areas to $83,716 in the highest-paying metros. New graduates should expect salaries at the lower end and can typically reach the area median within 3–5 years of clinical experience.

How many actuaries are employed in Ohio?

Ohio employs approximately 1,437 actuaries across 67 metropolitan areas, based on the latest BLS data. Job availability varies by metro area, with larger cities offering more opportunities. Demand continues to grow as the actuarial science field expands and the population ages.

Which Ohio city offers the best value for actuaries?

When adjusted for cost of living, Toledo offers the highest purchasing power for actuaries in Ohio, with an adjusted salary of $137,008 (nominal: $124,266, CoL index: 90.7). This means your dollar goes 10% further compared to the national average, making it an attractive option for maximizing real income.

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

Statewide 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. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to each metro area's reported salary to estimate current 2026 actuary compensation across Ohio. State averages are employment-weighted across 67 metro areas — larger metro areas with more actuariescontribute proportionally more to the average, producing figures that better reflect typical compensation. Individual pay varies by city, employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS, 7-year dataset (2019–2025). Per-city data from annual BLS metropolitan area surveys.

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

Last verified: June 10, 2026

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