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Actuary Salary in New Bedford, Massachusetts

Updated 2026-04-05BLS 2024 data — be the first to add a local report

Salary Distribution

BLS 2024
$120,000/ year

Median Actuary in New Bedford, MA

$73,800
10th
$90,000
25th
$120,000
Median
$158,000
75th
$192,760
90th

Compensation Breakdown

BLS 2024
Base salary (median)
$120,000
Total compensation (est.)
$138,000
Bonus range
$4,500 – $18,960
Mean salary
$127,200

How This Compares

ℹ

Local BLS metro data isn't available for New Bedford yet — showing the national median as a reference. Add local data →

New Bedford, MA median
$120,000
Massachusetts median
$122,400-2.0%
National median
$120,000

Cost of living in New Bedford is 0% below the national average. Salary of $120,000 here is equivalent to $120,000 nationally.

Salary by Experience

0-2 years
$86,400-28.0%
3-5 years
$109,200-9.0%
6-10 years
$134,400+12.0%
10+ years
$165,600+38.0%

Salary by Company Size

Startup (< 100 employees)
$105,600-12.0%
Mid-size (100–5,000)
$120,000
Enterprise (5,000+)
$141,600+18.0%

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$120K
$30K$500K

Actuary Salaries in Nearby Cities

Boston, MA$177,600/yr
Worcester, MA$120,000/yr
Springfield, MA$120,000/yr
Cambridge, MA$120,000/yr
Lowell, MA$120,000/yr

Related Jobs in New Bedford

Financial Analyst$99,010/yr
Accountant$79,880/yr
CPA$79,880/yr
Investment Banker$99,010/yr
Financial Advisor$99,580/yr

Quick Numbers

Hourly (40hr week)$58/hr
Monthly gross$10,000/mo
25th percentile$90,000/yr
75th percentile$158,000/yr

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Market Context

via FRED

Fed Funds Rate

Mar 2026

3.64%

Inflation (CPI)

year-over-year

2.4%+0.04

National Unemployment

Mar 2026

4.3%-0.10

Massachusetts Unemployment

Dec 2025

4.8%+0.10

Avg Hourly Earnings

all private workers

$37.38+$0.09

10yr Treasury

Apr 2026

4.31%

Source: St. Louis Fed (FRED). Updated daily.

Actuary Salaries by City

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Frequently Asked Questions

What is the average Actuary salary in New Bedford?

The median Actuary salary in New Bedford is $120,000 per year, with a range from $90,000 at the 25th percentile to $158,000 at the 75th percentile. Total compensation including bonuses typically runs higher — see the breakdown above for the full picture.

How does Actuary pay in New Bedford compare to the national average?

Actuary salaries in New Bedford are 0% above the national median of $120,000. After adjusting for New Bedford's cost of living, the purchasing power of that salary is equivalent to roughly $120,000 nationally — which is the number that actually matters when comparing offers across cities.

What factors affect Actuary salaries in New Bedford?

In New Bedford, the biggest drivers are years of experience, company size, and industry vertical. Entry-level Actuary roles start around $73,800, while senior and staff-level positions at larger employers can reach $192,760 or above. Specialized skills and in-demand tools can also meaningfully shift where you land in the range.

Is New Bedford a good place for Actuary jobs?

New Bedford offers a Actuary median of $120,000, which is 0% above the US median of $120,000. Whether that makes it a good market depends on your personal cost-of-living equation — New Bedford is 0% cheaper than the national average, so factor that into your math.

How do I negotiate a higher Actuary salary?

Start with the data on this page: the 75th percentile for Actuary in New Bedford is $158,000, which is a defensible anchor for a negotiation. Come in with a specific number backed by real market data — not a range — and reference your experience tier. If you're above the median, ask for the 75th percentile. If you're already at the 75th, push for total comp improvements like equity or bonus instead.