Actuary Salary in Sheboygan, WI: $119,743 (2026)
Quick Answer:A full-time actuary in Sheboygan, WI earns a median $119,743/year (≈ $57.56/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Sheboygan's price level (7% below national, BEA RPP 93.4), that paycheck buys what $128,204 would nationally. Nominal pay sits 4.4% below the Wisconsin state average.
Based on BLS state-level estimates · View source
In 2026, the actuary salary in Sheboygan, Wisconsin, averages $119,743, reflecting a local market that lags behind the national figure of $134,160 by about 10.75%. The salary range shows considerable variance, with entry-level positions starting at approximately $73,464 and experienced professionals earning upwards of $185,602. These projections are based on 2025 BLS data, adjusted for regional price differences. Consulting firms like Milliman, Mercer, and WTW often offer higher compensation for FSAs compared to traditional insurance roles, indicating a potential pay gradient that may influence where actuaries choose to work in Sheboygan.
About the Sheboygan Market
Salary estimated from Wisconsin average ($122,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $73,464 | $35.32 |
| Lower Range (P25) | $89,597 | $43.08 |
| Median (P50)(typical) | $119,743 | $57.56 |
| Upper Range (P75) | $153,271 | $73.68 |
| Top Earners (P90) | $185,602 | $89.23 |
Median Salary Position
10.75% below the national average
2026 Salary Percentile Distribution in Sheboygan
In Sheboygan, WI, the actuary salary spread from the 10th to 90th percentile is $112,138 (2026 est.). At $119,743, the local median is 10.75% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Sheboygan: You'd be in the lower-middle range
How Sheboygan Actuary Pay Compares
Sheboygan median: $119,743/year (2026)
| Compared To | Median Salary | Sheboygan Pays |
|---|---|---|
| Wisconsin Average | $125,254 | -4.40% less |
| National Average | $134,160 | -10.75% less |
Actuarys in Sheboygan, WI earn a median of $119,743 per year (2026 est.), which is 10.75% lower than the national median of $134,160 and 4.40% below the Wisconsin state average of $125,254.
Cost-of-Living Adjusted Salary
Sheboygan has a cost of living 6.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Sheboygan, WI has a cost-of-living index of 93.4 (below the national average of 100). A actuary earning $119,743 nominally has purchasing power equivalent to $128,204 in an average-cost city — an effective 7.07% boost.
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2019 BLS Actual
$96,707
2025 BLS Actual
$116,030
2026 Current Est.
$119,743
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Sheboygan (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $96,707 | Actual |
| 2020 | $99,099 | Actual |
| 2021 | $94,520 | Actual |
| 2022 | $101,740 | Actual |
| 2023 | $107,105 | Actual |
| 2024 | $108,889 | Actual |
| 2025 | $116,030 | Actual |
| 2026(current) | $119,743 | Estimated |
| 2027 | $123,575 | Projected |
Based on 7 years of BLS OEWS data for the Sheboygan metropolitan area, the median actuary salary grew 20.0% from $96,707 (2019) to $116,030 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $123,575 by 2027 — a total increase of $26,868 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Sheboygan 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) | $73,464 – $89,597 |
| 3-5 years (Mid Career) | $89,597 – $119,743 |
| 5+ years (Experienced) | $119,743 – $153,271 |
| 10+ years (Top Earner) | $153,271 – $185,602 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Sheboygan
With only 11 actuaries employed in the area, the job market in Sheboygan is relatively niche. The cost-of-living index stands at 93.4, which provides a favorable backdrop for purchasing power, although actuary pay in Sheboygan WI remains lower than the national average. Employers in fields such as life and health insurance, along with consulting firms, typically offer more competitive salaries compared to their property and casualty counterparts. Differences in compensation can often be attributed to the exam progression system in the actuarial profession—every passed exam can mean an increase of $3,000 to $8,000 in salary, demonstrating the value of credential attainment. For those looking to maximize their earnings in the local market, pursuing Fellowship status and specializing in in-demand areas like consulting may be key strategies, particularly in light of increasing needs for predictive analytics and data-driven solutions in the industry.
More salary data for Sheboygan, WI:
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 $116,030 for actuariesin the Sheboygan 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 Sheboygan 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