Actuary Salary in Fond du Lac, WI
How much does a actuary make in Fond du Lac? Explore median, entry-level, and senior salaries adjusted for Fond du Lac's cost of living.
Salary Breakdown by Experience Level
See how actuary salaries break down across different pay periods in Fond du Lac.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $38,718 | $64,531 | $87,116 |
| Monthly | $3,227 | $5,378 | $7,260 |
| Biweekly | $1,489 | $2,482 | $3,351 |
| Weekly | $745 | $1,241 | $1,675 |
| Hourly | $19 | $31 | $42 |
Fond du Lac vs National Average
How Fond du Lac's actuary salaries compare to national figures.
Cost of Living in Fond du Lac
About Actuary
Overview
Analyze insurance and financial risks using statistical and mathematical methods.
Education
Bachelor's degree in Actuarial Science, Mathematics, or related field
Key Skills
Growth Rate
Expected job growth: +18% over the next decade
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Actuary Salary in Fond du Lac, WI — Complete Guide
Median Salary Overview
The median salary for a actuary in Fond du Lac, WI is $64,531 per year, adjusted for the local cost of living index of 82. This figure reflects typical earnings for experienced professionals in this role, considering Fond du Lac's unique economic conditions.
Salary Range and Experience Levels
Entry-level actuary professionals in Fond du Lac can expect to earn around $38,718 annually. As professionals gain experience, salaries typically increase, with senior-level actuarys earning approximately $87,116 per year. This represents a 125% increase from entry to senior level.
Cost of Living Adjustment
Fond du Lac's cost of living index of 82 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Fond du Lac are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $87,440, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a actuary's salary in Fond du Lac typically goes toward housing. With a 1-bedroom apartment averaging $700 per month, housing represents about 13.0% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Actuarys are in growing demand across the United States, with an expected job growth of 18% over the next decade. In Fond du Lac, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.