Business & Finance Texas (TX) Rank #31 of 50

Actuary Salary in Texas

The median actuary salary in Texas is $104,871 per year, which is 8% below the national median of $113,990.

Median Salary
$104,871
vs National
$-9,119
State Rank
#31 of 50
Cost of Living
92%

Actuary Salary in Texas by Experience

In Texas, an entry-level actuary earns around $64,400, while experienced professionals earn up to $161,000 per year. The cost of living index in Texas 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 Texas

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

Major Cities for Actuarys in Texas

The largest employment areas for actuarys in Texas include Houston, Dallas, Austin, and San Antonio. Salaries in major metro areas may be higher due to increased demand and cost of living.

Houston, TX
Metro area for actuary employment
Dallas, TX
Metro area for actuary employment
Austin, TX
Metro area for actuary employment
San Antonio, TX
Metro area for actuary employment
Fort Worth, TX
Metro area for actuary employment

How to Become a Actuary in Texas

Education

Most actuary positions require a bachelor's degree. Texas has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Texas

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Texas's demand may vary based on local industry trends.