Business & Finance Lake Charles, LA Pop. 80,000

Actuary Salary in Lake Charles, Louisiana

The median actuary salary in Lake Charles, LA is $98,031 per year, which is 14% below the national median and 5.5% below the Louisiana state average.

City Median
$98,031
vs State Avg
$-5,700
vs National
$-15,959
Cost of Living
86%

Actuary Salary in Lake Charles by Experience

In Lake Charles, an entry-level actuary earns around $60,200, while experienced professionals earn up to $150,500 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$60,200
$-9,800 vs national
Mid Level (3-7 yrs)
$98,900
$-16,100 vs national
Senior Level (8+ yrs)
$150,500
$-24,500 vs national

Salary Percentiles in Lake Charles, LA

Percentile Lake Charles
10th Percentile $58,824
25th Percentile $74,992
Median (50th) $98,031
75th Percentile $129,860
90th Percentile $168,569

Actuary Salary in Other Louisiana Cities

New Orleans, LA
$111,710
Pop. 383,997
Baton Rouge, LA
$104,871
Pop. 227,470
Lafayette, LA
$100,311
Pop. 121,374
Shreveport, LA
$96,892
Pop. 187,593

How to Become a Actuary in Lake Charles

Education

Most actuary positions require a bachelor's degree. Lake Charles 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 Lake Charles may vary based on local industry and population growth.