isworthit

Is an Actuary a Good Career in Utah?

Utah · 2026 BLS salary data

an Actuary pay in Utah

The median wage is $132,720/yr — 2% above the national median. Among U.S. states, Utahranks #8 of 36 states by median pay.

The numbers in Utah

Real BLS state-level figures for Actuary.

Median salary
$132,720/yr
Pay range (25th–75th)
$113,170 – $132,720
National median
$130,000/yr
Employed in Utah
180

Source: BLS Occupational Employment & Wage Statistics (OEWS), state estimates, May 2025 release.

What that pay is really worth in Utah

Salary alone can mislead — Utah costs 1% less than the U.S. average. Here's the median adjusted for local prices (real purchasing power).

Cost of living (US=100)
98.9
Nominal median
$132,720
Adjusted for cost of living
≈ $134,196
State income tax
Up to 4.55%

Utah's high pay is offset by cost of living — adjusted for prices it ranks #11 of 36, down from #8 on raw salary.

Cost of living: BEA Regional Price Parities (all items, US=100), 2024. Adjusted pay = nominal median ÷ (RPP/100) — purchasing power vs the U.S. average. State income tax = top marginal rate on wage income (Tax Foundation, 2025); your effective rate is lower and depends on income and deductions.

The verdict, pros, and cons below apply to Actuary nationally — Utah pay is 2% above the national median. See the full an Actuary career guide →

The verdict

Yes — actuarial work offers high pay, excellent job security, strong projected growth, and a debt-light path via professional exams rather than expensive grad school. The trade-off is a demanding, years-long exam gauntlet and detail-heavy, quantitative work.

Pros & cons

Pros

  • High pay with excellent job security
  • Much-faster-than-average projected growth
  • Exam-based entry — no expensive grad degree needed
  • Pay rises with each exam passed
  • Strong work-life balance once credentialed

Cons

  • Long, demanding series of professional exams
  • Years of self-study alongside full-time work
  • Detail-heavy, quantitative day-to-day
  • Narrow field concentrated in insurance/finance
  • Slow start until early exams are passed

Who it's for

✓ A good fit if…

  • Strong math and statistics people
  • Disciplined self-studiers
  • Those wanting high pay without grad-school debt

✗ Probably not if…

  • People who dislike heavy math
  • Those unwilling to grind years of exams

What people are actually asking

Real Reddit discussions on whether Actuary is worth it — titles link to the original threads.