Actuary Salary in North Ridgeville, OH: $119,689 (2026)
Quick Answer:A full-time actuary in North Ridgeville, OH earns a median $119,689/year (≈ $57.54/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in North Ridgeville's price level (9% below national, BEA RPP 90.7), that paycheck buys what $131,961 would nationally. Nominal pay sits 1.6% below the Ohio state average.
Based on BLS state-level estimates · View source
In 2026, the projected median annual salary for actuaries in North Ridgeville, Ohio, stands at $119,689, which highlights a competitive scene despite being approximately 10.79% lower than the national median of $134,160. The salary range varies significantly, spanning from $72,862 at the 10th percentile to $185,519 at the 90th percentile. These figures are derived from BLS state-level data and adjusted to reflect regional cost considerations. Given the local employment of just eight actuaries, the market presents unique dynamics, emphasizing specialization and exam progression as key components influencing compensation.
About the North Ridgeville Market
Salary estimated from Ohio average ($120,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $72,862 | $35.03 |
| Lower Range (P25) | $89,137 | $42.86 |
| Median (P50)(typical) | $119,689 | $57.54 |
| Upper Range (P75) | $153,202 | $73.65 |
| Top Earners (P90) | $185,519 | $89.20 |
Median Salary Position
10.79% below the national average
2026 Salary Percentile Distribution in North Ridgeville
In North Ridgeville, OH, the actuary salary spread from the 10th to 90th percentile is $112,657 (2026 est.). At $119,689, the local median is 10.79% below the national median of $134,160.
Salary Calculator
At 40 hours/week in North Ridgeville: You'd be in the lower-middle range
How North Ridgeville Actuary Pay Compares
North Ridgeville median: $119,689/year (2026)
| Compared To | Median Salary | North Ridgeville Pays |
|---|---|---|
| Ohio Average | $121,635 | -1.60% less |
| National Average | $134,160 | -10.79% less |
Actuarys in North Ridgeville, OH earn a median of $119,689 per year (2026 est.), which is 10.79% lower than the national median of $134,160 and 1.60% below the Ohio state average of $121,635.
Cost-of-Living Adjusted Salary
North Ridgeville 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.
North Ridgeville, OH has a cost-of-living index of 90.7 (below the national average of 100). A actuary earning $119,689 nominally has purchasing power equivalent to $131,961 in an average-cost city — an effective 10.25% boost.
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2019 BLS Actual
$96,663
2025 BLS Actual
$115,978
2026 Current Est.
$119,689
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in North Ridgeville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $96,663 | Actual |
| 2020 | $99,054 | Actual |
| 2021 | $94,477 | Actual |
| 2022 | $101,695 | Actual |
| 2023 | $107,057 | Actual |
| 2024 | $107,057 | Actual |
| 2025 | $115,978 | Actual |
| 2026(current) | $119,689 | Estimated |
| 2027 | $123,519 | Projected |
Based on 7 years of BLS OEWS data for the North Ridgeville metropolitan area, the median actuary salary grew 20.0% from $96,663 (2019) to $115,978 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $123,519 by 2027 — a total increase of $26,856 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the North Ridgeville 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) | $72,862 – $89,137 |
| 3-5 years (Mid Career) | $89,137 – $119,689 |
| 5+ years (Experienced) | $119,689 – $153,202 |
| 10+ years (Top Earner) | $153,202 – $185,519 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in North Ridgeville
The job market in North Ridgeville offers a cost-of-living index of 90.7, indicating that while salaries may trail the national average, the purchasing power in this area can be quite favorable. Local employment options primarily stem from life and health insurance companies like Prudential and UnitedHealth, as well as property and casualty firms such as State Farm. The variation in pay largely depends on exam progression—each passed exam can add substantial value to an actuary's salary. For those looking to maximize their pay, focusing on obtaining upper-end credentials like FSA or FCAS, particularly from consulting firms that value these qualifications, can significantly impact earning potential. Moreover, developing in-demand skills such as predictive analytics can enhance job prospects and salary negotiations in this particular market.
More salary data for North Ridgeville, OH:
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 $115,978 for actuariesin the North Ridgeville 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 North Ridgeville 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