Business & Finance Fayetteville, AR Pop. 93,949

Actuary Salary in Fayetteville, Arkansas

The median actuary salary in Fayetteville, AR is $100,311 per year, which is 12% below the national median and 4.8% above the Arkansas state average.

City Median
$100,311
vs State Avg
+$4,559
vs National
$-13,679
Cost of Living
88%

Actuary Salary in Fayetteville by Experience

In Fayetteville, 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 Fayetteville, AR

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

Actuary Salary in Other Arkansas Cities

How to Become a Actuary in Fayetteville

Education

Most actuary positions require a bachelor's degree. Fayetteville and the surrounding Arkansas 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 Fayetteville may vary based on local industry and population growth.

Find Actuary Jobs in Fayetteville

Browse open actuary positions in Fayetteville, AR:

Frequently Asked Questions: Actuary Salary in Fayetteville

How much does a Actuary make in Fayetteville, AR?
The median actuary salary in Fayetteville, Arkansas is $100,311 per year, which is 12% below the national median of $113,990. Salaries range from $60,192 (10th percentile) to $172,489 (90th percentile).
How much does a Actuary make per hour in Fayetteville?
Based on the median annual salary of $100,311, a actuary in Fayetteville earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Fayetteville compare to the Arkansas state average for actuary pay?
Fayetteville's median actuary salary of $100,311 is 4.8% above the Arkansas state average of $95,752. The local cost of living index is 88% of the national average.
What is the cost of living in Fayetteville, AR?
Fayetteville has a cost of living index of 88% compared to the national average. This means a actuary salary of $100,311 in Fayetteville has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Fayetteville?
Most actuary positions in Fayetteville require a bachelor's degree. Key skills include Statistical Modeling, Risk Assessment, Financial Mathematics, Excel/VBA. The job market is projected to grow 21% nationally over the next decade.