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Actuary Salary in Durham, North Carolina
The median actuary salary in Durham, NC is $111,710 per year, which is 2% below the national median and 3.2% above the North Carolina state average.
City Median
$111,710
vs State Avg
+$3,419
vs National
$-2,280
Cost of Living
95%
Actuary Salary in Durham by Experience
In Durham, an entry-level actuary earns around $68,600, while experienced professionals earn up to $171,500 per year. The local cost of living index is 95% of the national average.
Entry Level (0-2 yrs)
$68,600
$-1,400 vs national
Mid Level (3-7 yrs)
$112,700
$-2,300 vs national
Senior Level (8+ yrs)
$171,500
$-3,500 vs national
Salary Percentiles in Durham, NC
| Percentile | Durham |
|---|---|
| 10th Percentile | $67,032 |
| 25th Percentile | $85,456 |
| Median (50th) | $111,710 |
| 75th Percentile | $147,980 |
| 90th Percentile | $192,090 |
Actuary Salary in Other North Carolina Cities
How to Become a Actuary in Durham
Education
Most actuary positions require a bachelor's degree. Durham and the surrounding North Carolina 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 Durham may vary based on local industry and population growth.