Actuary Salary in Marion, OH: $115,913 (2026)
Quick Answer:A full-time actuary in Marion, OH earns a median $115,913/year (≈ $55.73/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Marion's price level (9% below national, BEA RPP 90.7), that paycheck buys what $127,798 would nationally. Nominal pay sits 4.7% below the Ohio state average.
Based on BLS state-level estimates · View source
Estimates indicate that actuaries in Marion, OH, will see a median annual salary of $115,913 in 2026, which falls about 13.60% below the national median of $134,160 for the same year. In this market, salaries range considerably, from $73,883 at the lower 10th percentile to $179,665 at the 90th percentile, reflecting the vast differences in experience, exam progression, and specialization. Local estimates, derived from 2025 BLS data, also factor in regional price adjustments, making Marion's actuarial pay landscape particularly relevant for individuals contemplating their career trajectory. Given the growing frequency of credentialed professionals entering the field, understanding these dynamics can offer a strategic advantage in a competitive job market.
About the Marion Market
Salary estimated from Ohio average ($120,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $73,883 | $35.52 |
| Lower Range (P25) | $88,867 | $42.72 |
| Median (P50)(typical) | $115,913 | $55.73 |
| Upper Range (P75) | $148,369 | $71.33 |
| Top Earners (P90) | $179,665 | $86.38 |
Median Salary Position
13.6% below the national average
2026 Salary Percentile Distribution in Marion
In Marion, OH, the actuary salary spread from the 10th to 90th percentile is $105,782 (2026 est.). At $115,913, the local median is 13.6% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Marion: You'd be in the lower-middle range
How Marion Actuary Pay Compares
Marion median: $115,913/year (2026)
| Compared To | Median Salary | Marion Pays |
|---|---|---|
| Ohio Average | $121,630 | -4.70% less |
| National Average | $134,160 | -13.60% less |
Actuarys in Marion, OH earn a median of $115,913 per year (2026 est.), which is 13.60% lower than the national median of $134,160 and 4.70% below the Ohio state average of $121,630.
Cost-of-Living Adjusted Salary
Marion has a cost of living 9.30% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Marion, OH has a cost-of-living index of 90.7 (below the national average of 100). A actuary earning $115,913 nominally has purchasing power equivalent to $127,798 in an average-cost city — an effective 10.25% boost.
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2019 BLS Actual
$93,614
2025 BLS Actual
$112,319
2026 Current Est.
$115,913
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Marion (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $93,614 | Actual |
| 2020 | $95,929 | Actual |
| 2021 | $91,497 | Actual |
| 2022 | $98,486 | Actual |
| 2023 | $103,679 | Actual |
| 2024 | $103,679 | Actual |
| 2025 | $112,319 | Actual |
| 2026(current) | $115,913 | Estimated |
| 2027 | $119,622 | Projected |
Based on 7 years of BLS OEWS data for the Marion metropolitan area, the median actuary salary grew 20.0% from $93,614 (2019) to $112,319 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $119,622 by 2027 — a total increase of $26,008 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Marion 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) | $73,883 – $88,867 |
| 3-5 years (Mid Career) | $88,867 – $115,913 |
| 5+ years (Experienced) | $115,913 – $148,369 |
| 10+ years (Top Earner) | $148,369 – $179,665 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Marion
With only seven actuaries currently employed in Marion, the local talent pool remains relatively small, impacting competition and salary negotiations. The cost-of-living index stands at 90.7, below the national average, indicating that take-home pay can stretch further in terms of purchasing power. Employers in the area include firms like Prudential and UnitedHealth, known for offering attractive compensation packages, especially for FSA/FCAS holders or those with niche expertise in property and casualty. The variance in salaries is often driven by the complexities of exam progression—each passed exam can lead to a sizable increase in base salary—as well as shifts in credential level and specialization. To maximize pay in the Marion market, actuaries should focus on passing exams, gaining relevant experience, and leveraging data analytics skills, which are becoming increasingly necessary in the evolving field.
More salary data for Marion, OH:
Frequently Asked Questions
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Career Resources
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 $112,319 for actuariesin the Marion 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 Marion 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