Actuaries Employment & Job Outlook in Massachusetts (2024)

Massachusetts employs 1,100 Actuaries professionals, above the national average concentration.

Data: BLS OEWS 2024 • Massachusetts employment outlook • Updated 2026-04-06

Total Employed
1,100
professionals
Jobs per 1,000
1.1
workers
Location Quotient
1.75
vs national avg
Average Salary
$140K
annual

High Demand in Massachusetts

The location quotient (LQ) of 1.75 indicates that Massachusetts has a higher-than-average concentration of Actuaries professionals. This means the job is in high demand relative to other states, suggesting strong local job market opportunities.

Note: Location Quotient (LQ) is the ratio of the percentage of workers in an occupation in a given area to the percentage in that occupation nationwide. An LQ > 1.0 means above-average concentration; < 1.0 means below-average.

Massachusetts vs National Average

Total Employed
1,100
National: 25,160
4.4% of national
Jobs per 1,000
1.1
National: 0.63
+74.6%
Average Salary
$140K
National: $124K
+12.7%

Top States by Actuaries Employment

#1
2,890
2,890
employed
#2
1,880
1,880
employed
#3
1,860
1,860
employed
#4
1,610
1,610
employed
#5
1,410
1,410
employed
#6
1,350
1,350
employed
#7
1,290
1,290
employed
#8
1,100
1,100
employed
#9
1,060
1,060
employed
#10
1,060
1,060
employed

What Does a Actuaries Earn in Massachusetts?

The average annual salary for a Actuaries in Massachusetts is $140,750. For a detailed breakdown by percentile, entry-level, median, and senior salaries, see the comprehensive salary guide below.

View full salary breakdown →

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Frequently Asked Questions

How many Actuaries jobs are there in Massachusetts?

Massachusetts employs approximately 1,100 Actuaries professionals (2024 BLS data). This ranks Massachusetts among the top states nationwide.

Is Actuaries in demand in Massachusetts?

Yes — Massachusetts has above-average concentration of Actuaries jobs (LQ: 1.75). A Location Quotient above 1.0 indicates higher-than-average demand.

What is the average salary for Actuaries in Massachusetts?

The average (mean) salary for Actuaries in Massachusetts is $140750/year. See our detailed salary page for percentile breakdowns.

What is a Location Quotient (LQ)?

Location Quotient measures how concentrated an occupation is in a state compared to the national average. LQ > 1.0 means the state has more of that job proportionally. LQ > 1.2 indicates strong demand.

Which states employ the most Actuaries professionals?

The top state for Actuaries employment is New York with 2,890 jobs.

Related Pages

Data Source

Employment and location quotient data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2024. This data reflects total employment, jobs per 1,000 workers, location quotient, and average salary for Actuaries (SOC 152011) in Massachusetts.

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