Business & Finance Mississippi (MS) Rank #50 of 50

Actuary Salary in Mississippi

The median actuary salary in Mississippi is $94,612 per year, which is 17% below the national median of $113,990.

Median Salary
$94,612
vs National
$-19,378
State Rank
#50 of 50
Cost of Living
83%

Actuary Salary Overview in Mississippi (2026)

Mississippi ranks #50 out of 50 states for actuary compensation. Actuary salaries in Mississippi are below the national median, though the lower cost of living can offset the difference. At $94,612 per year, actuarys in Mississippi earn $19,378 less than the national median of $113,990.

A key advantage of working in Mississippi is its below-average cost of living (83% of the national index). This means the $94,612 salary has the purchasing power of roughly $113,990 in an average-cost area.

The salary spread in Mississippi is significant: actuarys at the 10th percentile earn $56,772, while those at the 90th percentile bring home $162,688 — a $105,916 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Mississippi for this role is Jackson, where the median reaches $96,892.

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Mississippi and beyond.

Actuary Salary in Mississippi by Experience

In Mississippi, an entry-level actuary earns around $58,100, while experienced professionals earn up to $145,250 per year. The cost of living index in Mississippi is 83% of the national average.

Entry Level (0-2 yrs)
$58,100
$-11,900 vs national
Mid Level (3-7 yrs)
$95,450
$-19,550 vs national
Senior Level (8+ yrs)
$145,250
$-29,750 vs national

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Salary Percentiles in Mississippi

Percentile MS Salary
10th Percentile $56,772
25th Percentile $72,376
Median (50th) $94,612
75th Percentile $125,330
90th Percentile $162,688

Actuary Salary by City in Mississippi

The largest employment areas for actuarys in Mississippi include Jackson, Gulfport, Southaven, and Hattiesburg. Salaries vary by city based on local cost of living and demand.

How to Become a Actuary in Mississippi

Education

Most actuary positions require a bachelor's degree. Mississippi has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Mississippi

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Mississippi's demand may vary based on local industry trends.

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Frequently Asked Questions: Actuary Salary in Mississippi

How much does a Actuary make in Mississippi? ▼
The median actuary salary in Mississippi is $94,612 per year, which is 17% below the national median of $113,990. Salaries range from $56,772 (10th percentile) to $162,688 (90th percentile).
How much does a Actuary make per hour in Mississippi? ▼
Based on the median annual salary of $94,612, a actuary in Mississippi earns approximately $45 per hour assuming a standard 2,080-hour work year.
Is Mississippi a good state for actuarys? ▼
Mississippi ranks #50 out of 50 states for actuary pay. The cost of living index is 83% of the national average. Entry-level actuarys earn $58,100, while senior professionals earn $145,250.
How does Mississippi compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. Mississippi's median of $94,612 ranks #50 nationally. Nearby-ranked states include Arkansas ($95,752) and West Virginia ($95,752).
What is the entry-level actuary salary in Mississippi? ▼
An entry-level actuary in Mississippi earns approximately $58,100 per year. With 3-7 years of experience, pay increases to around $95,450. Senior-level professionals with 8+ years earn up to $145,250.
What city in Mississippi pays actuarys the most? ▼
Jackson is the highest paying city in Mississippi for actuarys, with a median salary of $96,892. Other cities include Gulfport and Southaven.