Business & Finance Tuscaloosa, AL Pop. 101,129

Actuary Salary in Tuscaloosa, Alabama

The median actuary salary in Tuscaloosa, AL is $100,311 per year, which is 12% below the national median and 1.1% above the Alabama state average.

City Median
$100,311
vs State Avg
+$1,140
vs National
$-13,679
Cost of Living
88%

Actuary Salary in Tuscaloosa by Experience

In Tuscaloosa, an entry-level actuary earns around $61,600, while experienced professionals earn up to $154,000 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$61,600
$-8,400 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$154,000
$-21,000 vs national

Salary Percentiles in Tuscaloosa, AL

Percentile Tuscaloosa
10th Percentile $60,192
25th Percentile $76,736
Median (50th) $100,311
75th Percentile $132,880
90th Percentile $172,489

Actuary Salary in Other Alabama Cities

Huntsville, AL
$104,871
Pop. 216,963
Birmingham, AL
$102,591
Pop. 197,575
Montgomery, AL
$98,031
Pop. 200,603
Mobile, AL
$96,892
Pop. 187,041

How to Become a Actuary in Tuscaloosa

Education

Most actuary positions require a bachelor's degree. Tuscaloosa and the surrounding Alabama area have institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in Tuscaloosa may vary based on local industry and population growth.