Actuary Salary in Soldotna, AK
How much does a actuary make in Soldotna? Explore median, entry-level, and senior salaries adjusted for Soldotna's cost of living.
Salary Breakdown by Experience Level
See how actuary salaries break down across different pay periods in Soldotna.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $58,392 | $97,321 | $131,383 |
| Monthly | $4,866 | $8,110 | $10,949 |
| Biweekly | $2,246 | $3,743 | $5,053 |
| Weekly | $1,123 | $1,872 | $2,527 |
| Hourly | $28 | $47 | $63 |
Soldotna vs National Average
How Soldotna's actuary salaries compare to national figures.
Cost of Living in Soldotna
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 Soldotna, AK — Complete Guide
Median Salary Overview
The median salary for a actuary in Soldotna, AK is $97,321 per year, adjusted for the local cost of living index of 106. This figure reflects typical earnings for experienced professionals in this role, considering Soldotna's unique economic conditions.
Salary Range and Experience Levels
Entry-level actuary professionals in Soldotna can expect to earn around $58,392 annually. As professionals gain experience, salaries typically increase, with senior-level actuarys earning approximately $131,383 per year. This represents a 125% increase from entry to senior level.
Cost of Living Adjustment
Soldotna's cost of living index of 106 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Soldotna 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 Soldotna typically goes toward housing. With a 1-bedroom apartment averaging $1,050 per month, housing represents about 12.9% 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 Soldotna, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.