Lake Ridge vs Richmond: Actuary Salary (2026)
Compare actuary salaries between Lake Ridge, VA and Richmond, VA. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Lake Ridge, VA | Richmond, VA |
|---|---|---|
| Median Salary | $132,672 | $136,121▲ |
| Hourly Rate | $63.79 | $65.45▲ |
| Entry Level (P10) | $81,990 | $96,740▲ |
| 25th Percentile | $99,711 | $103,602▲ |
| 75th Percentile | $169,820 | $170,053▲ |
| Top Earner (P90) | $205,641 | $219,548▲ |
| Total Employed | 10 | 120▲ |
Verdict
Richmond, VA offers better overall compensation for actuaries, winning 4 out of 4 metrics compared to Lake Ridge.
The salary gap between Lake Ridge and Richmond is $3,449 (2.60%). Richmond's median is +1.46% compared to the US national median of $134,160.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Lake Ridge spans $123,651,Richmond spans $122,808. Lake Ridge has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Richmond ($139,101 effective) pays 8.20% more than Lake Ridge ($128,558 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Lake Ridge if…
- ✓You prefer the Virginia area and lifestyle
Choose Richmond if…
- ✓Higher median salary ($136,121/year)
- ✓Better top-earner potential ($219,548)
- ✓Larger job market (120 employed)
- ✓Better purchasing power (CoL-adjusted: $139,101)
- ✓You prefer the Virginia area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, actuary salaries in Lake Ridge grew 1.6% from 2024 to 2025, compared to -4.2% growth in Richmond over the same period.
Lake Ridge, VA
$126,580 (2024) → $128,558 (2025)
Richmond, VA
$137,720 (2019) → $131,900 (2025)
View Full Salary Data
Lake Ridge, VA
Richmond, VA
Frequently Asked Questions
Which city pays actuarys more: Lake Ridge or Richmond?
What is the hourly rate difference between Lake Ridge and Richmond?
Should I relocate from Lake Ridge to Richmond as a actuary?
What do entry-level actuarys earn in Lake Ridge vs Richmond?
Written by Maria Chen, FSA, MAAA
Career Analyst
Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.20% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS , released .
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov