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Actuary Salary in Austin, Texas
The median actuary salary in Austin, TX is $119,690 per year, which is 5.0% above the national median and 14.1% above the Texas state average.
City Median
$119,690
vs State Avg
+$14,819
vs National
+$5,700
Cost of Living
105%
Actuary Salary in Austin by Experience
In Austin, an entry-level actuary earns around $73,500, while experienced professionals earn up to $183,750 per year. The local cost of living index is 105% of the national average.
Entry Level (0-2 yrs)
$73,500
+$3,500 vs national
Mid Level (3-7 yrs)
$120,750
+$5,750 vs national
Senior Level (8+ yrs)
$183,750
+$8,750 vs national
Salary Percentiles in Austin, TX
| Percentile | Austin |
|---|---|
| 10th Percentile | $71,820 |
| 25th Percentile | $91,560 |
| Median (50th) | $119,690 |
| 75th Percentile | $158,550 |
| 90th Percentile | $205,811 |
Actuary Salary in Other Texas Cities
How to Become a Actuary in Austin
Education
Most actuary positions require a bachelor's degree. Austin and the surrounding Texas 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 Austin may vary based on local industry and population growth.
Find Actuary Jobs in Austin
Browse open actuary positions in Austin, TX:
Frequently Asked Questions: Actuary Salary in Austin
How much does a Actuary make in Austin, TX? ▼
The median actuary salary in Austin, Texas is $119,690 per year, which is 5.0% above the national median of $113,990. Salaries range from $71,820 (10th percentile) to $205,811 (90th percentile).
How much does a Actuary make per hour in Austin? ▼
Based on the median annual salary of $119,690, a actuary in Austin earns approximately $58 per hour assuming a standard 2,080-hour work year.
How does Austin compare to the Texas state average for actuary pay? ▼
Austin's median actuary salary of $119,690 is 14.1% above the Texas state average of $104,871. The local cost of living index is 105% of the national average.
What is the cost of living in Austin, TX? ▼
Austin has a cost of living index of 105% compared to the national average. This means a actuary salary of $119,690 in Austin has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Austin? ▼
Most actuary positions in Austin 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.