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 Pay in Southaven: What to Expect (2026)

Southaven offers a median actuary salary of $95,752, which is $1,140 above the Mississippi state average of $94,612. Compared to the national median of $113,990, Southaven pays below the national benchmark for this role.

One of Southaven's biggest advantages is its low cost of living at 84% of the national average. This means the $95,752 salary stretches further here — equivalent to roughly $113,990 in an average-cost city. This makes Southaven an attractive option for actuarys seeking strong real-dollar compensation.

The salary range for actuarys in Southaven spans from $57,456 at the 10th percentile to $164,648 at the 90th percentile — a $107,192 spread. Entry-level professionals start around $58,800, while senior actuarys with 8+ years of experience can earn up to $147,000. Southaven is a smaller market (pop. 55,026), which may mean fewer openings but also less competition for available positions.

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

Jackson, MS
$96,892
Pop. 153,701
Biloxi, MS
$94,612
Pop. 46,212
Gulfport, MS
$93,472
Pop. 72,926
Hattiesburg, MS
$91,192
Pop. 48,728

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.

Find Actuary Jobs in Southaven

Browse open actuary positions in Southaven, MS:

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Frequently Asked Questions: Actuary Salary in Southaven

How much does a Actuary make in Southaven, MS? ▼
The median actuary salary in Southaven, Mississippi is $95,752 per year, which is 16% below the national median of $113,990. Salaries range from $57,456 (10th percentile) to $164,648 (90th percentile).
How much does a Actuary make per hour in Southaven? ▼
Based on the median annual salary of $95,752, a actuary in Southaven earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does Southaven compare to the Mississippi state average for actuary pay? ▼
Southaven's median actuary salary of $95,752 is 1.2% above the Mississippi state average of $94,612. The local cost of living index is 84% of the national average.
What is the cost of living in Southaven, MS? ▼
Southaven has a cost of living index of 84% compared to the national average. This means a actuary salary of $95,752 in Southaven has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Southaven? ▼
Most actuary positions in Southaven 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.