SalaryNode

Average Actuaries Salary in Waterbury-Shelton, CT

The average salary for a Actuaries in Waterbury-Shelton, CT is $141,830. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $141,830 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $175,900.
  • Outlook: The current demand for Actuariess is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Waterbury-Shelton, CT economy.
2024 Market Data

Salary Overview

$141,830

The average Actuaries in Waterbury-Shelton, CT earns+4.5%above the national average.

BreakdownBased on 40h/week
Hourly

$68.2

Weekly

$2,728

Monthly

$11,819

Actuaries Salary Distribution in Waterbury-Shelton, CT

The earning potential for Actuariess in Waterbury-Shelton, CT varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $88,850, while highly experienced professionals can command wages upwards of $175,900.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$88,850$42.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$106,373$51.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$132,420$63.7
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$177,288$85.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$175,900$84.6

Detailed Actuaries Market Analysis

Relocation Context

Nominal Salary

$141,830

Gross Pay

Real Wage (Purchasing Power)

$141,830

Adjusted for COL (100)

In Waterbury-Shelton, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $141,830 to $141,830.

Job Market Context

30

Total Jobs

0.217

Per 1K Jobs

1.18

Location Quotient

Above Average

With a location quotient of 1.18, Waterbury-Shelton, CT has a slightly higher-than-average concentration of Actuaries roles compared to the national norm.

30 people work as Actuaries in Waterbury-Shelton, CT.

Only 0.217 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

CitySalaryDist.
Hartford-West Hartford-East Hartford, CT Actuaries Salary$151,060↑ 7%23 mi
Bridgeport-Stamford-Danbury, CT Actuaries Salary$168,860↑ 19%27 mi
Springfield, MA Actuaries Salary$110,120↓ 22%46 mi

Comparing salaries near Waterbury-Shelton, CT

Hiring Actuariess?

Frequently Asked Questions

How much does a Actuaries make in Waterbury-Shelton, CT?

The median annual salary for a Actuaries in Waterbury-Shelton, CT is $141,830. This typically ranges from $88,850 for entry-level positions to $175,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waterbury-Shelton, CT is 4.5% higher than the national median of $135,770.

Is Waterbury-Shelton, CT a good place for Actuariess?

Yes, Waterbury-Shelton, CT is financially attractive for Actuariess. The average salary of $141,830 exceeds the national average. See distinct detailed breakdown below.

Is Waterbury-Shelton, CT a good place to live for Actuaries?

The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waterbury-Shelton, CT?

Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($151,060) and Bridgeport-Stamford-Danbury, CT.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the Waterbury-Shelton, CT area with a job density of 0.217 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Actuaries • Data source: BLS OEWS 2024 •Jobs in Waterbury-Shelton, CT