Business & Finance Murfreesboro, TN Pop. 152,769

Actuary Salary in Murfreesboro, Tennessee

The median actuary salary in Murfreesboro, TN is $104,871 per year, which is 8% below the national median and 3.4% above the Tennessee state average.

City Median
$104,871
vs State Avg
+$3,420
vs National
$-9,119
Cost of Living
92%

Actuary Salary in Murfreesboro by Experience

In Murfreesboro, an entry-level actuary earns around $64,400, while experienced professionals earn up to $161,000 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$64,400
$-5,600 vs national
Mid Level (3-7 yrs)
$105,800
$-9,200 vs national
Senior Level (8+ yrs)
$161,000
$-14,000 vs national

Salary Percentiles in Murfreesboro, TN

Percentile Murfreesboro
10th Percentile $62,928
25th Percentile $80,224
Median (50th) $104,871
75th Percentile $138,920
90th Percentile $180,329

Actuary Salary in Other Tennessee Cities

Nashville, TN
$113,990
Pop. 689,447
Knoxville, TN
$100,311
Pop. 190,740
Chattanooga, TN
$100,311
Pop. 181,099
Memphis, TN
$98,031
Pop. 633,104

How to Become a Actuary in Murfreesboro

Education

Most actuary positions require a bachelor's degree. Murfreesboro 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 Murfreesboro may vary based on local industry and population growth.

Find Actuary Jobs in Murfreesboro

Browse open actuary positions in Murfreesboro, TN:

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Frequently Asked Questions: Actuary Salary in Murfreesboro

How much does a Actuary make in Murfreesboro, TN? ▼
The median actuary salary in Murfreesboro, Tennessee is $104,871 per year, which is 8% below the national median of $113,990. Salaries range from $62,928 (10th percentile) to $180,329 (90th percentile).
How much does a Actuary make per hour in Murfreesboro? ▼
Based on the median annual salary of $104,871, a actuary in Murfreesboro earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Murfreesboro compare to the Tennessee state average for actuary pay? ▼
Murfreesboro's median actuary salary of $104,871 is 3.4% above the Tennessee state average of $101,451. The local cost of living index is 92% of the national average.
What is the cost of living in Murfreesboro, TN? ▼
Murfreesboro has a cost of living index of 92% compared to the national average. This means a actuary salary of $104,871 in Murfreesboro has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Murfreesboro? ▼
Most actuary positions in Murfreesboro 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.