Actuaries in California
Is California a good place for you to work as an Actuary?
You’re in luck! Jobs for Actuaries in California are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Actuaries in California is growing faster than average.
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Actuaries in California earn higher salaries than the typical U.S. wage earner.
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How Many Actuaries Work in California?
1,410 people worked as Actuaries in 2018 in this state.
There were 1,200 Actuaries employed in this state in 2017.
That’s growth of 210 jobs between 2017 and 2018.
The typical state has 330 Actuaries working in it, which means California has more Actuaries than average.
Job Projections for California
Jobs for Actuaries in this state are growing at a rate of 28.6% which is faster than the nationwide estimated projection of 22.5%.
California Annual Job Openings
The BLS estimates there will be 140 annual job openings, and 1,800 total jobs in 2026 for Actuaries in this state.
Nationwide, the prediction is 2,100 annual jobs and 28,900 total jobs in 2026.
What do Actuaries Make in California?
In 2018 wages for Actuaries ranged from $70,670 to $172,350 with $114,290 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $33.98 to $82.86. The median hourly rate was $54.95.
In 2017 the median pay for this field was $52.95 an hour.
The hourly rate grew by $2.00.
The median salary in California is higher than the nationwide median salary.
Top California Metros for Actuaries
The table below shows some of the metros in this state with the most Actuaries.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA | 740 | $106,830 |
| San Francisco-Oakland-Hayward, CA | 370 | $135,620 |
| Sacramento–Roseville–Arden-Arcade, CA | 100 | $124,740 |
Top States for Actuaries Employment
View the list below to see where most Actuaries work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| New York | 2,320 | $131,510 |
| Illinois | 1,950 | $98,810 |
| Pennsylvania | 1,610 | $103,870 |
| Ohio | 1,560 | $94,000 |
| California | 1,410 | $114,290 |
| Massachusetts | 1,260 | $100,970 |
| Texas | 1,000 | $93,670 |
| Connecticut | 980 | $115,130 |
| Wisconsin | 690 | $97,180 |
| Florida | 600 | $100,450 |
| New Jersey | 540 | $101,280 |
| Iowa | 530 | $98,180 |
| Minnesota | 520 | $101,190 |
| Maryland | 470 | $92,820 |
| Nebraska | 390 | $87,890 |
| Missouri | 380 | $84,500 |
| Washington | 360 | $124,610 |
| Kansas | 330 | $101,120 |
| North Carolina | 230 | $110,510 |
| Indiana | 210 | $93,010 |
Below are the states where Actuaries get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $131,510 |
| District of Columbia | $126,060 |
| Washington | $124,610 |
| New Hampshire | $116,790 |
| Connecticut | $115,130 |
| Colorado | $114,660 |
| California | $114,290 |
| North Carolina | $110,510 |
| Mississippi | $109,140 |
| Maine | $107,180 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By QWFP under License
More about our data sources and methodologies.
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