Business & Finance Durham, NC Pop. 283,506

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

Charlotte, NC
$115,130
Pop. 874,579
Raleigh, NC
$115,130
Pop. 467,665
Greensboro, NC
$103,731
Pop. 299,035
Winston-Salem, NC
$101,451
Pop. 249,545

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.

Find Actuary Jobs in Durham

Browse open actuary positions in Durham, NC:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Actuary Salary in Durham

How much does a Actuary make in Durham, NC? ▼
The median actuary salary in Durham, North Carolina is $111,710 per year, which is 2% below the national median of $113,990. Salaries range from $67,032 (10th percentile) to $192,090 (90th percentile).
How much does a Actuary make per hour in Durham? ▼
Based on the median annual salary of $111,710, a actuary in Durham earns approximately $54 per hour assuming a standard 2,080-hour work year.
How does Durham compare to the North Carolina state average for actuary pay? ▼
Durham's median actuary salary of $111,710 is 3.2% above the North Carolina state average of $108,291. The local cost of living index is 95% of the national average.
What is the cost of living in Durham, NC? ▼
Durham has a cost of living index of 95% compared to the national average. This means a actuary salary of $111,710 in Durham has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Durham? ▼
Most actuary positions in Durham 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.