Actuarial Science Degree in Canton Township, MI — Salary & ROI 2026
Actuarial Science degree analysis for Canton Township, MI. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$47K
COL-adjusted
Mid-Career
$112K
COL-adjusted
ROI Payback
8.1 yrs
in Canton Township
Cost of Living
93.5
index (100 = avg)
Actuarial Science in Canton Township, MI Overview
While Canton Township has a smaller college scene with 4 institutions, Actuarial Science students benefit from the close-knit academic community. Room and board averages $13,040/year, and the car-friendly layout shapes the student experience. Actuarial Science enrollment is stable nationwide, with steady demand for graduates skilled in Probability and Risk Assessment. The adjusted starting salary in Canton Township is approximately $46,750, growing to $112,200 by mid-career.
Category
STEM
Local Colleges
4
Public Tuition
$15,400/yr
Private Tuition
$32,000/yr
Room & Board
$13,040/yr
Avg Fin. Aid
$10,240/yr
Unemployment
4.9%
Graduation Rate
46%
Actuarial Science Salary in Canton Township (COL-Adjusted)
Salaries adjusted for Canton Township's cost of living index of 93.5 (national average = 100).
Note: National average Actuarial Science salary: $50,000 starting, $120,000 mid-career, $155,000 senior level.Canton Township adjustment factor: 0.94x based on the local cost of living index.
Actuarial Science ROI Calculator for Canton Township
Estimate your return on investment for a Actuarial Science degree using local Canton Township tuition and cost of living data.
Public avg: $15,400 | Private avg: $32,000
Canton Township avg aid: $10,240/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$113,760
tuition + room & board - aid
Annual Earnings Premium
$14,025
vs HS diploma in Canton Township
ROI Payback Period
8.1 years
to break even
Lifetime Return in Canton Township
$867,990
Lifetime earnings premium ($981,750) minus total education cost ($113,760)
Student Loan Payoff for Actuarial Science in Canton Township
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Canton Township for Actuarial Science
Canton Township State University
public
$15,412/yr
$61,648 total
Community Colleges (2-Year Transfer)
Canton Township Community College
$5,332/yr
Top Employers for Actuarial Science in Canton Township
Canton Township offers opportunities in Tech companies, Research labs, Government agencies for Actuarial Science graduates. National top employers in this field include:
Key Canton Township Hiring Sectors for STEM
Tech companies
Research labs
Government agencies
Startups
Consulting firms
Common Actuarial Science Job Titles
Actuarial Science in Nearby Michigan Cities
Detroit, MI
$44K starting · COL 87
43 colleges
Grand Rapids, MI
$44K starting · COL 88
10 colleges
Warren, MI
$44K starting · COL 88.5
6 colleges
Sterling Heights, MI
$46K starting · COL 92.8
5 colleges
Ann Arbor, MI
$43K starting · COL 85
14 colleges
Lansing, MI
$43K starting · COL 85
6 colleges
Dearborn, MI
$45K starting · COL 90.5
5 colleges
Clinton Township, MI
$48K starting · COL 96.2
4 colleges
Other STEM Majors in Canton Township
Prompt Engineering
$47K starting · 1.5 yr ROI
Computational Linguistics
$89K starting · 2 yr ROI
Computer Science
$79K starting · 2.8 yr ROI
Software Engineering
$82K starting · 2.7 yr ROI
Data Science
$77K starting · 3 yr ROI
Cybersecurity
$75K starting · 3 yr ROI
Robotics Engineering
$47K starting · 3 yr ROI
Applied Mathematics
$47K starting · 3.5 yr ROI
Actuarial Science Degree in Canton Township — FAQ
Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.
Explore More
Compare Actuarial Science ROI in other cities, or explore other majors in Canton Township.