SOC 15-2011

Actuary Salary in Chicago-Naperville-Elgin, IL-IN (2026)

Data updated · Sources: BLS OEWS May 2025, HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology

Tax Tables: 2026 Fed + IL
COL Index: 125.81 (+25.8% vs US)
Net Compensation Yield 68.9% Realized
$78,369 / net annual direct deposit
Gross Adjusted $113,730 $54.68/hr
Effective Tax Drag 25.09% Combined Jurisdictions
Marginal Top Bracket 22% Federal Statutory
Total Withheld -$28,537 $1,097.57/check
Category 1 of 6

Wage Benchmarking & After-Tax Paycheck Engine

Dynamic statutory tax calculations based on IRS Publication 15-T and state statutory schedules.

$
2,080 annual statutory base hours $54.68 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$6,824/yr)
0% Tax Shield: ~$1,501/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$14,689
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$7,051
Medicare Hospital Insurance
Statutory 1.45%
-$1,649
Illinois Individual Income Tax
State Marginal Bracket
-$5,147
Net Take-Home Annual Realized
$78,369 ($3,014.21 / check)
Category 2 of 6

Chicago-Naperville-Elgin, IL-IN Actuary Wage Distribution

Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) Percentiles & Career Ladders

Your Salary: $113,730
MIDDLE 50% (IQR RANGE) 10th $79.6k 25th $96.0k Median: $113,730 50th (Median) $114k 75th $164k 90th $209k You: $113,730
10th (Entry) $79,640 $38.29/hr
25th (Junior) $95,970 $46.14/hr
50th (Median) $113,730 $54.68/hr
75th (Senior) $163,690 $78.70/hr
90th (Lead/Master) $209,260 $100.61/hr
Career Progression & Licensing Milestones for Actuary in Chicago-Naperville-Elgin, IL-IN
1
Actuarial Student / AnalystPassing SOA/CAS preliminary exams (P, FM), statistical modeling, Excel/R
$66,488$31.97/hr · 0-2 Years
2
Associate of Society of Actuaries (ASA)Pricing models, reserving analysis, actuarial valuation tables
$101,482$48.79/hr · 2-5 Years
3
Fellow of Society of Actuaries (FSA)Product development, statutory asset-liability management (ALM)
$138,226$66.45/hr · 5-8 Years
4
Chief Actuary / Risk OfficerInstitutional solvency governance, reinsurance negotiation, pricing oversight
$188,092$90.43/hr · 8+ Years
Scaled to the Chicago-Naperville-Elgin, IL-IN medianView National Actuary Salary Data
Adjacent Career Pivots & National Pay Differences
Economists-$5,280/yr
National median: $124,720
Skill overlap: 94%
Accountants and Auditors-$46,320/yr
National median: $83,680
Skill overlap: 93%View Salary
Personal Financial Advisors-$24,930/yr
National median: $105,070
Skill overlap: 89%
Compensation, Benefits, and Job Analysis Specialists-$51,790/yr
National median: $78,210
Skill overlap: 88%
Category 3 of 6

HUD Fair Market Rent & EPI Living Wage Affordability Index

Evaluating housing affordability vs. net take-home pay in Chicago-Naperville-Elgin, IL-IN under the HUD 30% housing cost guideline.

Rent-to-Take-Home Ratio (HUD 30% Standard)
27% of Net Income
✓ Passes 30% Housing Affordability Standard
HUD Fair Market Rent (1-Bedroom) $1,780/month Requires minimum annual gross of $71,200
HUD Fair Market Rent (2-Bedroom) $2,011/month Requires minimum annual gross of $80,440
Hourly Living Wage Benchmark (EPI model)
1 Adult Earner: $27.82/hr
Per adult, 2 working adults + 1 child: $24.26/hr
Category 4 of 6

Hourly Wage to Annual & Overtime Matrix

Translating base hourly pay and 1.5× overtime into net take-home pay based on 2,080 annual work hours in Chicago-Naperville-Elgin, IL-IN.

Swipe horizontally to inspect full pay schedule
Schedule Total Hours/Wk Gross Annual Est. Taxes Net Take-Home Bi-Weekly Check
Standard (40 hrs)40 hrs$113,730-$28,537$78,369$3,014.21
+5h Overtime/Wk45 hrs$135,054-$35,673$91,278$3,510.69
+10h Overtime/Wk50 hrs$156,379-$43,108$103,888$3,995.71
+15h Overtime/Wk55 hrs$177,703-$50,542$116,499$4,480.73
+20h Overtime/Wk60 hrs$199,028-$57,075$130,010$5,000.40
Category 5 of 6

Interstate MSA Relocation & State Tax Migration Comparator

Calculate required compensation, cost-of-living differences, and annual state/local tax savings between two metropolitan areas.

Equivalent Salary in Austin, TX $83,505 Cost of Living Ratio: 69.6%
Annual State & Local Tax Delta +$8,331/yr Tax savings in Austin-Round Rock-San Marcos, TX
Annual Rent Difference (1BR) -$17,676/yr Based on HUD Fair Market Rents
Net Discretionary Cash Flow Impact

Combining state tax savings and annual rent variance when relocating from San Francisco-Oakland-Fremont, CA to Austin-Round Rock-San Marcos, TX.

+$26,007/year
Category 6 of 6 · Executive Economic Briefing
2026 Fiscal Intelligence

Actuary in Chicago-Naperville-Elgin, IL-IN: Compensation & Purchasing Power Briefing (2026)

Estimates compiled from BLS OEWS wages, IRS 2026 withholding rules, HUD Fair Market Rents, and Illinois tax codes.

Market Baseline
$113,730/yr
$54.68/hr · SOC 15-2011
Statutory Tax Drag
25.09% Effective
-$28,537 in Total Taxes
HUD 1BR Shelter Ratio
27% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$4,751/mo
Post-$1,780/mo 1BR Rent

Key Economic & Compensation Takeaways

Statutory Withholding Architecture

Frequently Asked Questions

Verified Government Data Sources & Statutory Attribution

Wages sourced from US Bureau of Labor Statistics (BLS OEWS). Rents calibrated to HUD Fair Market Rents. Tax schedules calibrated to IRS IRC Title 26, IRS Pub 15-T, and state statutory revenue codes.

BLS OEWS May 2025 HUD FY2027 FMR IRS 15-T
Metro Pay Comparison SOC 15-2011
2026 Statutory Thresholds
  • Federal Standard Deduction (Single) $16,100
  • FICA OASDI Wage Base Cap $184,500
  • Pre-Tax 401(k) Elective Deferral $24,500
  • HSA Individual Annual Limit $4,400

Actuary in Chicago-Naperville-Elgin, IL-IN: Market Snapshot

Actuary roles in Chicago-Naperville-Elgin, IL-IN report a median annual wage of $113,730, 12.5% below the national median of $130,000. The 10th to 90th percentile band runs from $79,640 to $209,260, and HUD’s $1,780 monthly one-bedroom fair market rent equals 18.8% of that median gross pay. The single-adult living wage benchmark for the area is $27.82 per hour.

Highest-paying metropolitan areas for Actuary

Metropolitan areaMedian annual wageVs this market
Bridgeport-Stamford-Danbury, CT$194,130+70.7%
San Francisco-Oakland-Fremont, CA$175,330+54.2%
Hartford-West Hartford-East Hartford, CT$166,800+46.7%
Las Vegas-Henderson-North Las Vegas, NV$163,350+43.6%
New York-Newark-Jersey City, NY-NJ$161,460+42.0%
Washington-Arlington-Alexandria, DC-VA-MD-WV$144,680+27.2%
Waterbury-Shelton, CT$143,430+26.1%
Raleigh-Cary, NC$142,180+25.0%
New Haven, CT$141,020+24.0%
Miami-Fort Lauderdale-West Palm Beach, FL$139,810+22.9%

Top-paying occupations benchmarked in Chicago-Naperville-Elgin, IL-IN

OccupationMedian annual wageMedian hourly
Chief Executives$344,960$165.85/hr
Computer and Information Systems Managers$173,760$83.54/hr
Financial Manager$168,810$81.16/hr
Natural Sciences Managers$167,040$80.31/hr
Advertising and Promotions Managers$166,390$80.00/hr
Marketing Managers$165,340$79.49/hr
Architectural and Engineering Managers$163,430$78.57/hr
Sales Managers$158,690$76.29/hr
Human Resources Managers$156,770$75.37/hr
Compensation and Benefits Managers$155,340$74.68/hr

Wage data: U.S. Bureau of Labor Statistics OEWS May 2025, 72 metropolitan areas publishing this occupation; HUD FY2027 Fair Market Rents; EPI Family Budget Calculator. Taxes use 2026 federal and state rules. Data last updated .

Regional Labor Market & Career Mobility Network

Explore adjacent occupations and neighboring metropolitan wage benchmarks for peer compensation analysis.

Actuary Salary in Chicago-Naperville-Elgin, IL-IN (2026) Overview

Actuary median pay in Chicago-Naperville-Elgin, IL-IN is $113,730 a year ($54.68/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD rents. Official 2026 economic data for Actuary in Chicago-Naperville-Elgin, IL-IN compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.

Quick answers
What is the median salary for an Actuary in Chicago-Naperville-Elgin, IL-IN?

The median annual wage is $113,730 ($54.68 per hour). The middle 80% of earners make between $79,640 and $209,260. Source: BLS OEWS (May 2025).

What is the take-home pay for an Actuary in Chicago-Naperville-Elgin, IL-IN after taxes?

On the median wage of $113,730, a single filer with no pre-tax deductions takes home about $83,354 a year ($6,946 a month) after $30,376 in federal, FICA, state and local taxes, an effective rate of 26.71%, using 2026 tax rules.