Business & Finance Knoxville, TN Pop. 190,740

Actuary Salary in Knoxville, Tennessee

The median actuary salary in Knoxville, TN is $100,311 per year, which is 12% below the national median and 1.1% below the Tennessee state average.

City Median
$100,311
vs State Avg
$-1,140
vs National
$-13,679
Cost of Living
88%

Actuary Pay in Knoxville: What to Expect (2026)

Knoxville offers a median actuary salary of $100,311, which is $1,140 below the Tennessee state average of $101,451. Compared to the national median of $113,990, Knoxville pays below the national benchmark for this role.

One of Knoxville's biggest advantages is its low cost of living at 88% of the national average. This means the $100,311 salary stretches further here — equivalent to roughly $113,990 in an average-cost city. This makes Knoxville an attractive option for actuarys seeking strong real-dollar compensation.

The salary range for actuarys in Knoxville spans from $60,192 at the 10th percentile to $172,489 at the 90th percentile — a $112,297 spread. Entry-level professionals start around $61,600, while senior actuarys with 8+ years of experience can earn up to $154,000. With a population of 190,740, Knoxville is a mid-sized metro with a growing job market.

Actuary Salary in Knoxville by Experience

In Knoxville, an entry-level actuary earns around $61,600, while experienced professionals earn up to $154,000 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$61,600
$-8,400 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$154,000
$-21,000 vs national

Salary Percentiles in Knoxville, TN

Percentile Knoxville
10th Percentile $60,192
25th Percentile $76,736
Median (50th) $100,311
75th Percentile $132,880
90th Percentile $172,489

Actuary Salary in Other Tennessee Cities

Nashville, TN
$113,990
Pop. 689,447
Murfreesboro, TN
$104,871
Pop. 152,769
Chattanooga, TN
$100,311
Pop. 181,099
Memphis, TN
$98,031
Pop. 633,104

How to Become a Actuary in Knoxville

Education

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

Find Actuary Jobs in Knoxville

Browse open actuary positions in Knoxville, TN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Actuary Salary in Knoxville

How much does a Actuary make in Knoxville, TN? ▼
The median actuary salary in Knoxville, Tennessee is $100,311 per year, which is 12% below the national median of $113,990. Salaries range from $60,192 (10th percentile) to $172,489 (90th percentile).
How much does a Actuary make per hour in Knoxville? ▼
Based on the median annual salary of $100,311, a actuary in Knoxville earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Knoxville compare to the Tennessee state average for actuary pay? ▼
Knoxville's median actuary salary of $100,311 is 1.1% below the Tennessee state average of $101,451. The local cost of living index is 88% of the national average.
What is the cost of living in Knoxville, TN? ▼
Knoxville has a cost of living index of 88% compared to the national average. This means a actuary salary of $100,311 in Knoxville has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Knoxville? ▼
Most actuary positions in Knoxville 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.