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Actuary Salary in Kent, WA

How much does a actuary make in Kent? Explore median, entry-level, and senior salaries adjusted for Kent's cost of living.

Median Salary
$135,280
per year in Kent
Entry Level
$81,168
Starting salary
Senior Level
$182,628
Experienced professionals
Cost of Living
129
29% above national avg

Salary Breakdown by Experience Level

See how actuary salaries break down across different pay periods in Kent.

PeriodEntry LevelMedianSenior
Annual$81,168$135,280$182,628
Monthly$6,764$11,273$15,219
Biweekly$3,122$5,203$7,024
Weekly$1,561$2,602$3,512
Hourly$39$65$88

Kent vs National Average

How Kent's actuary salaries compare to national figures.

Kent Salary
$135,280
COL Index: 129
National Average
$87,440
COL Index: 100
Difference
+$47,840
Higher in Kent

Cost of Living in Kent

1-Bedroom Rent
$1,850
per month
Median Income
$61,234
per year
Population
133,930
residents
Rent % of Income
36.3%
median household
Cost of Living Index: 129 — A score of 100 represents the U.S. average. Salaries in Kent have been adjusted to account for local cost differences.

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

Statistical AnalysisRisk AssessmentModelingProblem Solving

Growth Rate

Expected job growth: +18% over the next decade

Compare Cities: Actuary Salary

See Actuary salaries in other top cities.

New York, NY
$140,640
+4%
Los Angeles, CA
$122,520
-9%
Chicago, IL
$126,040
-7%
Houston, TX
$79,690
-41%
Phoenix, AZ
$124,410
-8%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a actuary salary in Kent.

Salary Breakdown Calculator

See exactly how your salary breaks down into taxes and take-home pay.

Cost of Living Calculator

Understand your expenses and purchasing power in Kent.

Budget Calculator

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Rent vs Buy Calculator

Compare the true costs of renting versus buying in Kent.

Actuary Salary in Kent, WA — Complete Guide

Median Salary Overview

The median salary for a actuary in Kent, WA is $135,280 per year, adjusted for the local cost of living index of 129. This figure reflects typical earnings for experienced professionals in this role, considering Kent's unique economic conditions.

Salary Range and Experience Levels

Entry-level actuary professionals in Kent can expect to earn around $81,168 annually. As professionals gain experience, salaries typically increase, with senior-level actuarys earning approximately $182,628 per year. This represents a 125% increase from entry to senior level.

Cost of Living Adjustment

Kent's cost of living index of 129 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Kent 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 Kent typically goes toward housing. With a 1-bedroom apartment averaging $1,850 per month, housing represents about 16.4% 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 Kent, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.