Business & Finance Virginia (VA) Rank #11 of 50

Actuary Salary in Virginia

The median actuary salary in Virginia is $124,249 per year, which is 9.0% above the national median of $113,990.

Median Salary
$124,249
vs National
+$10,259
State Rank
#11 of 50
Cost of Living
104%

Actuary Salary Overview in Virginia (2026)

Virginia ranks #11 out of 50 states for actuary compensation. Virginia falls in the middle of the pack for actuary pay, offering salaries near the national average. At $124,249 per year, actuarys in Virginia earn $10,259 more than the national median of $113,990.

Virginia's cost of living is near the national average at 104%, meaning actuary salaries here translate closely to their face value in purchasing power.

The salary spread in Virginia is significant: actuarys at the 10th percentile earn $74,556, while those at the 90th percentile bring home $213,651 — a $139,095 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Virginia for this role is Arlington, where the median reaches $156,166.

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Virginia and beyond.

Actuary Salary in Virginia by Experience

In Virginia, an entry-level actuary earns around $76,300, while experienced professionals earn up to $190,750 per year. The cost of living index in Virginia is 104% of the national average.

Entry Level (0-2 yrs)
$76,300
+$6,300 vs national
Mid Level (3-7 yrs)
$125,350
+$10,350 vs national
Senior Level (8+ yrs)
$190,750
+$15,750 vs national

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Salary Percentiles in Virginia

Percentile VA Salary
10th Percentile $74,556
25th Percentile $95,048
Median (50th) $124,249
75th Percentile $164,590
90th Percentile $213,651

Actuary Salary by City in Virginia

The largest employment areas for actuarys in Virginia include Virginia Beach, Norfolk, Richmond, and Arlington. Salaries vary by city based on local cost of living and demand.

How to Become a Actuary in Virginia

Education

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

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Virginia

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

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Frequently Asked Questions: Actuary Salary in Virginia

How much does a Actuary make in Virginia? ▼
The median actuary salary in Virginia is $124,249 per year, which is 9.0% above the national median of $113,990. Salaries range from $74,556 (10th percentile) to $213,651 (90th percentile).
How much does a Actuary make per hour in Virginia? ▼
Based on the median annual salary of $124,249, a actuary in Virginia earns approximately $60 per hour assuming a standard 2,080-hour work year.
Is Virginia a good state for actuarys? ▼
Virginia ranks #11 out of 50 states for actuary pay. The cost of living index is 104% of the national average. Entry-level actuarys earn $76,300, while senior professionals earn $190,750.
How does Virginia compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. Virginia's median of $124,249 ranks #11 nationally. Nearby-ranked states include Washington ($131,089) and Oregon ($125,389).
What is the entry-level actuary salary in Virginia? ▼
An entry-level actuary in Virginia earns approximately $76,300 per year. With 3-7 years of experience, pay increases to around $125,350. Senior-level professionals with 8+ years earn up to $190,750.
What city in Virginia pays actuarys the most? ▼
Arlington is the highest paying city in Virginia for actuarys, with a median salary of $156,166. Other cities include Virginia Beach and Norfolk.