Actuary Salary in Richmond, Virginia
The median actuary salary in Richmond, VA is $119,690 per year, which is 5.0% above the national median and 3.7% below the Virginia state average.
Actuary Pay in Richmond: What to Expect (2026)
Richmond offers a median actuary salary of $119,690, which is $4,559 below the Virginia state average of $124,249. Compared to the national median of $113,990, Richmond pays above average for this role.
Richmond's cost of living is 100% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for actuarys in Richmond spans from $71,820 at the 10th percentile to $205,811 at the 90th percentile — a $133,991 spread. Entry-level professionals start around $73,500, while senior actuarys with 8+ years of experience can earn up to $183,750. With a population of 226,610, Richmond is a mid-sized metro with a growing job market.
Actuary Salary in Richmond by Experience
In Richmond, 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 100% of the national average.
Salary Percentiles in Richmond, VA
| Percentile | Richmond |
|---|---|
| 10th Percentile | $71,820 |
| 25th Percentile | $91,560 |
| Median (50th) | $119,690 |
| 75th Percentile | $158,550 |
| 90th Percentile | $205,811 |
Actuary Salary in Other Virginia Cities
How to Become a Actuary in Richmond
Education
Most actuary positions require a bachelor's degree. Richmond and the surrounding Virginia area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in Richmond may vary based on local industry and population growth.
Find Actuary Jobs in Richmond
Browse open actuary positions in Richmond, VA: