Actuary Salary in College Station, TX
How much does a actuary make in College Station? Explore median, entry-level, and senior salaries adjusted for College Station's cost of living.
Salary Breakdown by Experience Level
See how actuary salaries break down across different pay periods in College Station.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $45,854 | $76,423 | $103,170 |
| Monthly | $3,821 | $6,369 | $8,598 |
| Biweekly | $1,764 | $2,939 | $3,968 |
| Weekly | $882 | $1,470 | $1,984 |
| Hourly | $22 | $37 | $50 |
College Station vs National Average
How College Station's actuary salaries compare to national figures.
Cost of Living in College Station
About Actuary
Overview
Analyze insurance and financial risks using statistical and mathematical methods.
Education
Bachelor's degree in Actuarial Science, Mathematics, or related field
Key Skills
Growth Rate
Expected job growth: +18% over the next decade
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Actuary Salary in College Station, TX — Complete Guide
Median Salary Overview
The median salary for a actuary in College Station, TX is $76,423 per year, adjusted for the local cost of living index of 92. This figure reflects typical earnings for experienced professionals in this role, considering College Station's unique economic conditions.
Salary Range and Experience Levels
Entry-level actuary professionals in College Station can expect to earn around $45,854 annually. As professionals gain experience, salaries typically increase, with senior-level actuarys earning approximately $103,170 per year. This represents a 125% increase from entry to senior level.
Cost of Living Adjustment
College Station's cost of living index of 92 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in College Station are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $87,440, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a actuary's salary in College Station typically goes toward housing. With a 1-bedroom apartment averaging $1,050 per month, housing represents about 16.5% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Actuarys are in growing demand across the United States, with an expected job growth of 18% over the next decade. In College Station, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.