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

Fayetteville, AR
$100,311
Pop. 93,949
Little Rock, AR
$99,171
Pop. 202,591
Springdale, AR
$95,752
Pop. 80,433
Jonesboro, AR
$93,472
Pop. 78,576

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.

Find Actuary Jobs in Fort Smith

Browse open actuary positions in Fort Smith, AR:

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Frequently Asked Questions: Actuary Salary in Fort Smith

How much does a Actuary make in Fort Smith, AR? ▼
The median actuary salary in Fort Smith, Arkansas is $91,192 per year, which is 20% below the national median of $113,990. Salaries range from $54,720 (10th percentile) to $156,808 (90th percentile).
How much does a Actuary make per hour in Fort Smith? ▼
Based on the median annual salary of $91,192, a actuary in Fort Smith earns approximately $44 per hour assuming a standard 2,080-hour work year.
How does Fort Smith compare to the Arkansas state average for actuary pay? ▼
Fort Smith's median actuary salary of $91,192 is 4.8% below the Arkansas state average of $95,752. The local cost of living index is 80% of the national average.
What is the cost of living in Fort Smith, AR? ▼
Fort Smith has a cost of living index of 80% compared to the national average. This means a actuary salary of $91,192 in Fort Smith has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Fort Smith? ▼
Most actuary positions in Fort Smith 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.