Business & Finance Southaven, MS Pop. 55,026

Actuary Salary in Southaven, Mississippi

The median actuary salary in Southaven, MS is $95,752 per year, which is 16% below the national median and 1.2% above the Mississippi state average.

City Median
$95,752
vs State Avg
+$1,140
vs National
$-18,238
Cost of Living
84%

Actuary Salary in Southaven by Experience

In Southaven, an entry-level actuary earns around $58,800, while experienced professionals earn up to $147,000 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$58,800
$-11,200 vs national
Mid Level (3-7 yrs)
$96,600
$-18,400 vs national
Senior Level (8+ yrs)
$147,000
$-28,000 vs national

Salary Percentiles in Southaven, MS

Percentile Southaven
10th Percentile $57,456
25th Percentile $73,248
Median (50th) $95,752
75th Percentile $126,840
90th Percentile $164,648

Actuary Salary in Other Mississippi Cities

How to Become a Actuary in Southaven

Education

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