Business & Finance Lafayette, LA Pop. 121,374

Actuary Salary in Lafayette, Louisiana

The median actuary salary in Lafayette, LA is $100,311 per year, which is 12% below the national median and 3.3% below the Louisiana state average.

City Median
$100,311
vs State Avg
$-3,420
vs National
$-13,679
Cost of Living
88%

Actuary Salary in Lafayette by Experience

In Lafayette, 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 Lafayette, LA

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

Actuary Salary in Other Louisiana Cities

New Orleans, LA
$111,710
Pop. 383,997
Baton Rouge, LA
$104,871
Pop. 227,470
Lake Charles, LA
$98,031
Pop. 80,000
Shreveport, LA
$96,892
Pop. 187,593

How to Become a Actuary in Lafayette

Education

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