Average Actuaries Salary in Utica-Rome, NY
The average salary for Actuariess in Utica-Rome, NY is $108,640. While this is lower than the national average, the cost of living in Utica-Rome, NY may offset the difference, preserving real purchasing power. Notably, Utica-Rome, NY is a key hub for this profession, with a job concentration 1.71x higher than average.
Executive Summary
- Average Salary: $108,640 per year.
- Growth Trend: Salaries have shifted 11.9% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $180,910.
- Outlook: The current demand for Actuariess is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Utica-Rome, NY economy.
Salary Overview
The average Actuaries in Utica-Rome, NY earns-20.0%below the national average.
$52.2
$2,089
$9,053
Actuaries Salary Trends (2020-2024)
Over the past 2 years, Actuaries salaries in Utica-Rome, NY have seen a slight adjustment of -11.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Actuaries Salary Distribution in Utica-Rome, NY
The earning potential for Actuariess in Utica-Rome, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $70,750, while highly experienced professionals can command wages upwards of $180,910.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $70,750 | $34 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $81,480 | $39.2 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $89,990 | $43.3 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $135,800 | $65.3 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $180,910 | $87 |
Detailed Actuaries Market Analysis
Relocation Context
Nominal Salary
$108,640
Gross Pay
Real Wage (Purchasing Power)
$108,640
Adjusted for COL (100)
In Utica-Rome, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $108,640 to $108,640.
Job Market Context
40
Total Jobs
0.314
Per 1K Jobs
1.71
Location Quotient
Utica-Rome, NY has 1.7x the national concentration of Actuaries jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
40 people work as Actuaries in Utica-Rome, NY.
Only 0.314 out of every 1,000 local jobs are Actuaries roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Actuaries
| City | Salary | Dist. |
|---|---|---|
| Syracuse, NY Actuaries Salary | $112,320↑ 3% | 46 mi |
Comparing salaries near Utica-Rome, NY
Hiring Actuariess?
Frequently Asked Questions
How much does a Actuaries make in Utica-Rome, NY?
The median annual salary for a Actuaries in Utica-Rome, NY is $108,640. This typically ranges from $70,750 for entry-level positions to $180,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Utica-Rome, NY is 20.0% lower than the national median of $135,770.
Is Utica-Rome, NY a good place for Actuariess?
Yes, Utica-Rome, NY is highly recommended due to strong job demand. While salaries are competitive ($108,640), the area is particularly notable for its high job density for Actuariess. See distinct detailed breakdown below.
Is Utica-Rome, NY a good place to live for Actuaries?
The Cost of Living Index in Utica-Rome, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Utica-Rome, NY?
Some top paying nearby cities include Syracuse, NY ($112,320) and others.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Utica-Rome, NY area with a job density of 0.314 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Actuaries • Data source: BLS OEWS 2024 •Jobs in Utica-Rome, NY