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Actuarial Science Degree in North Hempstead, NY — Salary & ROI 2026

Actuarial Science degree analysis for North Hempstead, NY. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$71K

COL-adjusted

Mid-Career

$170K

COL-adjusted

ROI Payback

4.8 yrs

in North Hempstead

Cost of Living

141.3

index (100 = avg)

Actuarial Science in North Hempstead, NY Overview

North Hempstead, New York (pop. 237,610) has 9 colleges offering Actuarial Science programs. The local cost of living index of 141.3 is higher than average, so budget accordingly, with average rent near campus at $1,650/month. Actuarial Science enrollment is stable nationwide, with steady demand for graduates skilled in Probability and Risk Assessment. The adjusted starting salary in North Hempstead is approximately $70,650, growing to $169,560 by mid-career.

Category

STEM

Local Colleges

9

Public Tuition

$10,200/yr

Private Tuition

$42,000/yr

Room & Board

$15,148/yr

Avg Fin. Aid

$8,947/yr

Unemployment

3.7%

Graduation Rate

71%

Actuarial Science Salary in North Hempstead (COL-Adjusted)

Salaries adjusted for North Hempstead's cost of living index of 141.3 (national average = 100).

Entry Level (0-2 yrs)
$70,650(+$20,650 vs national)
Mid Career (5-9 yrs)
$169,560(+$49,560 vs national)
Senior Level (15+ yrs)
$219,015(+$64,015 vs national)

Note: National average Actuarial Science salary: $50,000 starting, $120,000 mid-career, $155,000 senior level.North Hempstead adjustment factor: 1.41x based on the local cost of living index.

Actuarial Science ROI Calculator for North Hempstead

Estimate your return on investment for a Actuarial Science degree using local North Hempstead tuition and cost of living data.

Public avg: $10,200 | Private avg: $42,000

North Hempstead avg aid: $8,947/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$101,392

tuition + room & board - aid

Annual Earnings Premium

$21,195

vs HS diploma in North Hempstead

ROI Payback Period

4.8 years

to break even

Lifetime Return in North Hempstead

$1,382,258

Lifetime earnings premium ($1,483,650) minus total education cost ($101,392)

Student Loan Payoff for Actuarial Science in North Hempstead

Standard Plan (10 years)

Loan Amount$101,392
Monthly Payment$1,151
Total Interest$36,762
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$101,392
Monthly Payment$1,984
Total Interest$17,639
Interest Savings$19,123

Colleges in North Hempstead for Actuarial Science

North Hempstead State University

public

$9,621/yr

$38,484 total

University of North Hempstead

public

$9,762/yr

$39,048 total

Community Colleges (2-Year Transfer)

North Hempstead Community College

$6,152/yr

New York Technical College - North Hempstead

$6,228/yr

Top Employers for Actuarial Science in North Hempstead

North Hempstead offers opportunities in Tech companies, Research labs, Government agencies for Actuarial Science graduates. National top employers in this field include:

AonMercerMillimanDeloitteMetLife

Key North Hempstead Hiring Sectors for STEM

Tech companies

Research labs

Government agencies

Startups

Consulting firms

Common Actuarial Science Job Titles

ActuaryRisk AnalystInsurance Underwriter

Actuarial Science Degree in North Hempstead — 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.

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