Business & Finance Owensboro, KY Pop. 60,183

Actuary Salary in Owensboro, Kentucky

The median actuary salary in Owensboro, KY is $93,472 per year, which is 18% below the national median and 5.7% below the Kentucky state average.

City Median
$93,472
vs State Avg
$-5,699
vs National
$-20,518
Cost of Living
82%

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

Salary Percentiles in Owensboro, KY

Percentile Owensboro
10th Percentile $56,088
25th Percentile $71,504
Median (50th) $93,472
75th Percentile $123,820
90th Percentile $160,728

Actuary Salary in Other Kentucky Cities

Lexington, KY
$106,011
Pop. 322,570
Louisville, KY
$104,871
Pop. 633,045
Covington, KY
$100,311
Pop. 40,961
Bowling Green, KY
$95,752
Pop. 74,735

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.

Find Actuary Jobs in Owensboro

Browse open actuary positions in Owensboro, KY:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

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.