Business & Finance Morgantown, WV Pop. 30,955

Actuary Salary in Morgantown, West Virginia

The median actuary salary in Morgantown, WV is $102,591 per year, which is 10% below the national median and 7.1% above the West Virginia state average.

City Median
$102,591
vs State Avg
+$6,839
vs National
$-11,399
Cost of Living
90%

Actuary Salary in Morgantown by Experience

In Morgantown, an entry-level actuary earns around $63,000, while experienced professionals earn up to $157,500 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$63,000
$-7,000 vs national
Mid Level (3-7 yrs)
$103,500
$-11,500 vs national
Senior Level (8+ yrs)
$157,500
$-17,500 vs national

Salary Percentiles in Morgantown, WV

Percentile Morgantown
10th Percentile $61,560
25th Percentile $78,480
Median (50th) $102,591
75th Percentile $135,900
90th Percentile $176,409

Actuary Salary in Other West Virginia Cities

Charleston, WV
$100,311
Pop. 48,006
Huntington, WV
$93,472
Pop. 46,842
Parkersburg, WV
$91,192
Pop. 29,675
Wheeling, WV
$88,912
Pop. 26,711

How to Become a Actuary in Morgantown

Education

Most actuary positions require a bachelor's degree. Morgantown and the surrounding West Virginia 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 Morgantown may vary based on local industry and population growth.

Find Actuary Jobs in Morgantown

Browse open actuary positions in Morgantown, WV:

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Frequently Asked Questions: Actuary Salary in Morgantown

How much does a Actuary make in Morgantown, WV? ▼
The median actuary salary in Morgantown, West Virginia is $102,591 per year, which is 10% below the national median of $113,990. Salaries range from $61,560 (10th percentile) to $176,409 (90th percentile).
How much does a Actuary make per hour in Morgantown? ▼
Based on the median annual salary of $102,591, a actuary in Morgantown earns approximately $49 per hour assuming a standard 2,080-hour work year.
How does Morgantown compare to the West Virginia state average for actuary pay? ▼
Morgantown's median actuary salary of $102,591 is 7.1% above the West Virginia state average of $95,752. The local cost of living index is 90% of the national average.
What is the cost of living in Morgantown, WV? ▼
Morgantown has a cost of living index of 90% compared to the national average. This means a actuary salary of $102,591 in Morgantown has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Morgantown? ▼
Most actuary positions in Morgantown 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.