Actuary Salary in Michigan
Explore actuary salaries in Michigan including median pay, entry-level and senior compensation, and how it compares to the national average.
Salary Breakdown
| Pay Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $48,267 | $80,445 | $108,600 |
| Monthly | $4,022 | $6,704 | $9,050 |
| Biweekly | $1,856 | $3,094 | $4,177 |
| Weekly | $928 | $1,547 | $2,088 |
| Hourly | $23 | $39 | $52 |
MI vs National Comparison
About This Career
Analyze insurance and financial risks using statistical and mathematical methods.
Education
Bachelor's degree in Actuarial Science, Mathematics, or related field
Key Skills
Compare Jobs
Compare salaries for other business & finance jobs in Michigan:
Explore Related Data for a Actuary in Michigan
Dig into every angle of a actuary salary ($80,445 median) in Michigan — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.
Take-home pay on $80,445 in Michigan
Federal, state, Social Security, and Medicare — what you keep after taxes.
What you can afford on $80,445 in Michigan
Home price, rent, and monthly spending guidelines for this income.
Tax brackets on $80,445 in Michigan
Exactly which federal and state brackets your salary crosses.
$300,000 mortgage in Michigan
Monthly payment, property tax, and total interest at typical rates.
Retirement at 30 earning $80,000
Savings benchmarks and projections for your income level.
Actuary salary in Detroit
Drill down to city-level salary data for Detroit, Michigan.
Frequently Asked Questions
What is the median actuary salary in Michigan?
The median actuary salary in Michigan is $80,445, compared to a national median of $87,440.
What is the entry-level actuary salary in Michigan?
Entry-level actuary positions in Michigan typically pay around $48,267 annually.
What is the senior actuary salary in Michigan?
Senior actuary professionals in Michigan earn around $108,600 annually.
What is the job growth outlook for actuary?
The projected 10-year job growth outlook for actuary positions is 18%, which indicates strong demand in this field.
What education is needed to become a actuary?
Bachelor's degree in Actuarial Science, Mathematics, or related field