Actuary Salary in Owensboro, KY: $93,472 (2026)

Actuary Pay in Owensboro: What to Expect (2026)

Owensboro offers a median actuary salary of $93,472, which is $5,699 below the Kentucky state average of $99,171. Compared to the national median of $113,990, Owensboro pays below the national benchmark for this role.

One of Owensboro's biggest advantages is its low cost of living at 82% of the national average. This means the $93,472 salary stretches further here — equivalent to roughly $113,990 in an average-cost city. This makes Owensboro an attractive option for actuarys seeking strong real-dollar compensation.

The salary range for actuarys in Owensboro spans from $56,088 at the 10th percentile to $160,728 at the 90th percentile — a $104,640 spread. Entry-level professionals start around $57,400, while senior actuarys with 8+ years of experience can earn up to $143,500. Owensboro is a smaller market (pop. 60,183), which may mean fewer openings but also less competition for available positions.

Actuary Salary in Owensboro by Experience

In Owensboro, an entry-level actuary earns around $57,400, while experienced professionals earn up to $143,500 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)

$57,400

$-12,600 vs national

Mid Level (3-7 yrs)

$94,300

$-20,700 vs national

Senior Level (8+ yrs)

$143,500

$-31,500 vs national

Percentile	Owensboro	KY State	National
10th Percentile	$56,088	$59,508	$68,400
25th Percentile	$71,504	$75,864	$87,200
Median (50th)	$93,472	$99,171	$113,990
75th Percentile	$123,820	$131,370	$151,000
90th Percentile	$160,728	$170,529	$196,010

Percentile

Owensboro

10th Percentile

$56,088

25th Percentile

$71,504

Median (50th)

$93,472

75th Percentile

$123,820

90th Percentile

$160,728

How to Become a Actuary in Owensboro

Education

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

Frequently Asked Questions: Actuary Salary in Owensboro

How much does a Actuary make in Owensboro, KY? ▼

The median actuary salary in Owensboro, Kentucky is $93,472 per year, which is 18% below the national median of $113,990. Salaries range from $56,088 (10th percentile) to $160,728 (90th percentile).

How much does a Actuary make per hour in Owensboro? ▼

Based on the median annual salary of $93,472, a actuary in Owensboro earns approximately $45 per hour assuming a standard 2,080-hour work year.

How does Owensboro compare to the Kentucky state average for actuary pay? ▼

Owensboro's median actuary salary of $93,472 is 5.7% below the Kentucky state average of $99,171. The local cost of living index is 82% of the national average.

What is the cost of living in Owensboro, KY? ▼

Owensboro has a cost of living index of 82% compared to the national average. This means a actuary salary of $93,472 in Owensboro has more purchasing power than the same salary in an average-cost city.

What qualifications do I need to become a actuary in Owensboro? ▼

Most actuary positions in Owensboro 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.

Actuary Salary in Owensboro, Kentucky