Business & Finance Fort Smith, AR
Pop. 89,142
Actuary Salary in Fort Smith, Arkansas
The median actuary salary in Fort Smith, AR is $91,192 per year, which is 20% below the national median and 4.8% below the Arkansas state average.
City Median
$91,192
vs State Avg
$-4,560
vs National
$-22,798
Cost of Living
80%
Actuary Salary in Fort Smith by Experience
In Fort Smith, an entry-level actuary earns around $56,000, while experienced professionals earn up to $140,000 per year. The local cost of living index is 80% of the national average.
Entry Level (0-2 yrs)
$56,000
$-14,000 vs national
Mid Level (3-7 yrs)
$92,000
$-23,000 vs national
Senior Level (8+ yrs)
$140,000
$-35,000 vs national
Salary Percentiles in Fort Smith, AR
| Percentile | Fort Smith |
|---|---|
| 10th Percentile | $54,720 |
| 25th Percentile | $69,760 |
| Median (50th) | $91,192 |
| 75th Percentile | $120,800 |
| 90th Percentile | $156,808 |
Actuary Salary in Other Arkansas Cities
How to Become a Actuary in Fort Smith
Education
Most actuary positions require a bachelor's degree. Fort Smith 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 Fort Smith may vary based on local industry and population growth.