Business & Finance Independence, MO
Pop. 123,011
Actuary Salary in Independence, Missouri
The median actuary salary in Independence, MO is $96,892 per year, which is 15% below the national median and 3.4% below the Missouri state average.
City Median
$96,892
vs State Avg
$-3,419
vs National
$-17,098
Cost of Living
85%
Actuary Salary in Independence by Experience
In Independence, an entry-level actuary earns around $59,500, while experienced professionals earn up to $148,750 per year. The local cost of living index is 85% of the national average.
Entry Level (0-2 yrs)
$59,500
$-10,500 vs national
Mid Level (3-7 yrs)
$97,750
$-17,250 vs national
Senior Level (8+ yrs)
$148,750
$-26,250 vs national
Salary Percentiles in Independence, MO
| Percentile | Independence |
|---|---|
| 10th Percentile | $58,140 |
| 25th Percentile | $74,120 |
| Median (50th) | $96,892 |
| 75th Percentile | $128,350 |
| 90th Percentile | $166,609 |
Actuary Salary in Other Missouri Cities
How to Become a Actuary in Independence
Education
Most actuary positions require a bachelor's degree. Independence and the surrounding Missouri 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 Independence may vary based on local industry and population growth.