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Actuary Salary in Rockford, IL β€” 2026 Guide

Estimated salaries are adjusted for Rockford's cost of living (index: 83). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Actuary Salary in Rockford β€” Key Numbers

$99,600
Median Salary
$73,065
25th Percentile
$135,556
75th Percentile
$177,537
90th Percentile
National median (Actuary)$120,000
vs. National median-17.0%
Rockford median household income$51,000
vs. City household income+95.3%

Cost of Living in Rockford

Cost of Living Index
83(100 = avg)
Median Monthly Rent$780/mo
Rent-to-Income Ratio9.4%
Annual rent cost$9,360
Median Home Price$145,000
Home Price / Salary1.5Γ—
20% Down Payment$29,000
Years to save (20% rate)1.5 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Rockford

5.6%
Unemployment Rate
345,000
Metro Population
20 min
Avg Commute
36.1
Median Age

Rockford has a metro population of 345,000, offering a growing job market with opportunities especially in established local industries. The 5.6% unemployment rate is near the national average.

Actuary Salary β€” Other Illinois Cities

Frequently Asked Questions

How much does a Actuary make in Rockford, IL?

The estimated median salary for a Actuary in Rockford is $99,600 per year (2026). This is derived from the national BLS median of $120,000 adjusted by Rockford's cost of living index (83). The typical salary range runs from $73,065 (25th percentile) to $135,556 (75th percentile), with top earners reaching $177,537.

Is Rockford affordable for a Actuary?

On a $99,600 annual salary, a Actuary in Rockford would spend approximately 9.4% of gross monthly income on median rent ($780/month). This is well within the 28% affordability threshold, making Rockford relatively affordable for this profession. The median home price of $145,000 is 1.5Γ— the annual salary.

How does a Actuary's salary compare to Rockford's overall income?

Rockford's median household income is $51,000. A Actuary earning the city-adjusted median of $99,600 earns 95.3% more than the typical Rockford household β€” placing them solidly in the middle-to-upper income tier for the city.

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.