Actuaries vs Software Developers: Salary Comparison

Side-by-side salary data across all 50 states. Data from the Bureau of Labor Statistics (2024).

National Salary Overview

Actuaries

Median Salary
$112,819
Average (Mean)
$124,936
Employed Nationwide
25,160
VS

Software Developers

Median Salary
$118,749
Average (Mean)
$123,645
Employed Nationwide
1,656,880
Software Developers earns $5,930 more (5.3%)

Key Metrics Compared

Median Salary $112,819 $118,749
Average (Mean) Salary $124,936 $123,645
Total Employment 25,160 1,656,880
States with Higher Pay 15 25

Salary by State: Actuaries vs Software Developers

Showing 40 states where both occupations have BLS data. Actuaries pays more in 15 states; Software Developers pays more in 25.

State Actuaries Software Developers Difference
Alabama $102,010
$102,730
$-720
Arizona $122,800
$123,180
$-380
California $120,650
$168,660
$-48,010
Colorado $131,110
$134,960
$-3,850
Connecticut $133,380
$125,080
+$8,300
District of Columbia $145,600
$140,360
+$5,240
Florida $105,790
$122,310
$-16,520
Georgia $128,200
$127,070
+$1,130
Illinois $119,650
$126,200
$-6,550
Indiana $82,310
$105,740
$-23,430
Iowa $119,790
$105,920
+$13,870
Kansas $121,730
$104,250
+$17,480
Kentucky $104,430
$103,030
+$1,400
Louisiana $82,470
$104,840
$-22,370
Maine $119,090
$113,190
+$5,900
Maryland $105,440
$138,050
$-32,610
Massachusetts $135,000
$137,130
$-2,130
Michigan $93,250
$103,830
$-10,580
Minnesota $104,020
$125,380
$-21,360
Mississippi $97,620
$85,190
+$12,430
Missouri $106,840
$104,600
+$2,240
Nebraska $104,730
$109,800
$-5,070
Nevada $100,540
$125,590
$-25,050
New Hampshire $136,550
$128,860
+$7,690
New Jersey $135,710
$131,680
+$4,030
New York $140,760
$145,470
$-4,710
North Carolina $130,190
$130,620
$-430
Ohio $112,230
$107,560
+$4,670
Oklahoma $86,050
$104,030
$-17,980
Oregon $122,430
$130,000
$-7,570
Pennsylvania $116,880
$111,910
+$4,970
Rhode Island $106,890
$128,990
$-22,100
South Carolina $93,250
$111,130
$-17,880
South Dakota $108,790
$82,850
+$25,940
Tennessee $97,890
$110,660
$-12,770
Texas $108,770
$127,000
$-18,230
Utah $72,450
$116,830
$-44,380
Virginia $117,670
$135,040
$-17,370
Washington $132,980
$162,390
$-29,410
Wisconsin $106,840
$102,660
+$4,180

Frequently Asked Questions

Who makes more: Actuaries or Software Developers?
On average across all states, a Software Developers earns more than a Actuaries. The national median salary difference is $5,930 (5.3%) based on 2024 BLS data.
In how many states does a Actuaries earn more than a Software Developers?
A Actuaries earns a higher median salary than a Software Developers in 15 out of 40 states where both occupations have BLS data. A Software Developers pays more in 25 states.
What is the median salary for a Actuaries vs Software Developers?
The national median salary for a Actuaries is $112,819 per year, compared to $118,749 for a Software Developers, according to 2024 BLS OEWS data.
Which has more jobs: Actuaries or Software Developers?
There are more people employed as Software Developers. BLS reports approximately 25,160 Actuaries positions and 1,656,880 Software Developers positions nationwide (2024).
Should I become a Actuaries or Software Developers?
Both Actuaries and Software Developers are viable career paths. Beyond salary, consider factors like job availability in your state, work-life balance, education requirements, growth potential, and personal interests. Visit each occupation's salary page for state-specific data and career insights.

Compare After-Tax Take-Home Pay

See what each role actually pays after federal, state, and FICA taxes.