Actuaries pay in Michigan

In Michigan, the median pay for actuaries is $48.38 an hour ($100,640 a year). About 570 people work in this job there.

$48.38Median hourly pay
$78,510–$134,460Middle half of workers, yearly
570People in this job in Michigan

That is 23% lower than the U.S. median ($130,000). Michigan ranks 35th of 36 states and territories for this job’s median pay.

Pay range for actuaries in Michigan

Earns more thanHourlyYearly
10% of workers$31.37$65,240
25% of workers$37.75$78,510
Half of workers (median)$48.38$100,640
75% of workers$64.64$134,460
90% of workers$81.95$170,450

Actuaries pay in Michigan metro areas

Metro areaMedian yearly payPeople in this job
Detroit-Warren-Dearborn$105,640240
Grand Rapids-Wyoming-Kentwood$97,21060
Lansing-East Lansing$80,910180

Michigan unemployment rate: 5% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for actuaries

  • Typical education to start: Bachelor's degree (BLS)
  • Training on the job: Long-term on-the-job training (BLS)
  • Job outlook: +9.2% over ten years, much faster than average · about 1,500 openings a year (BLS)

Related jobs in Michigan

JobMedian yearly pay
Data Scientists$100,590
Operations Research Analysts$83,480
Statisticians$102,710

Other job titles for this job

Actuarial AnalystActuarial AssociateActuarial ConsultantActuarial MathematicianActuarial SpecialistActuaryAnnuity AnalystConsulting ActuaryEnrolled ActuaryHealth ActuaryInsurance ActuaryLife Actuary

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.