Actuary Salary in Dothan, AL: $115,463 (2026)
Quick Answer:A full-time actuary in Dothan, AL earns a median $115,463/year (≈ $55.51/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Dothan's price level (12% below national, BEA RPP 87.9), that paycheck buys what $131,357 would nationally. Nominal pay sits 2.1% below the Alabama state average.
Based on BLS state-level estimates · View source
In Dothan, Alabama, actuaries can expect a median annual salary of $115,463 as of 2026, which illustrates a noticeable gap when compared to the national median of $134,160. The salary range for actuaries in this region extends from $69,304 at the 10th percentile to $178,968 at the 90th percentile. These figures, derived from 2025 BLS data adjusted for regional price variances, reflect a market where actuaries employed locally can experience widely varying levels of compensation based on their credentials and experience. Particularly at the Fellow level in consulting firms such as Milliman and Mercer, pay tends to be more competitive compared to insurer compensation, offering a compelling reason for actuarial professionals to consider their career trajectories carefully in Dothan.
About the Dothan Market
Salary estimated from Alabama average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $69,304 | $33.32 |
| Lower Range (P25) | $85,621 | $41.17 |
| Median (P50)(typical) | $115,463 | $55.51 |
| Upper Range (P75) | $147,793 | $71.05 |
| Top Earners (P90) | $178,968 | $86.04 |
Median Salary Position
13.94% below the national average
2026 Salary Percentile Distribution in Dothan
In Dothan, AL, the actuary salary spread from the 10th to 90th percentile is $109,664 (2026 est.). At $115,463, the local median is 13.94% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Dothan: You'd be in the lower-middle range
How Dothan Actuary Pay Compares
Dothan median: $115,463/year (2026)
| Compared To | Median Salary | Dothan Pays |
|---|---|---|
| Alabama Average | $117,940 | -2.10% less |
| National Average | $134,160 | -13.94% less |
Actuarys in Dothan, AL earn a median of $115,463 per year (2026 est.), which is 13.94% lower than the national median of $134,160 and 2.10% below the Alabama state average of $117,940.
Cost-of-Living Adjusted Salary
Dothan has a cost of living 12.10% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Dothan, AL has a cost-of-living index of 87.9 (below the national average of 100). A actuary earning $115,463 nominally has purchasing power equivalent to $131,357 in an average-cost city — an effective 13.77% boost.
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2019 BLS Actual
$93,250
2025 BLS Actual
$111,883
2026 Current Est.
$115,463
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Dothan (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $93,250 | Actual |
| 2020 | $95,557 | Actual |
| 2021 | $91,142 | Actual |
| 2022 | $98,104 | Actual |
| 2023 | $103,277 | Actual |
| 2024 | $92,949 | Actual |
| 2025 | $111,883 | Actual |
| 2026(current) | $115,463 | Estimated |
| 2027 | $119,158 | Projected |
Based on 7 years of BLS OEWS data for the Dothan metropolitan area, the median actuary salary grew 20.0% from $93,250 (2019) to $111,883 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $119,158 by 2027 — a total increase of $25,908 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Dothan metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $69,304 – $85,621 |
| 3-5 years (Mid Career) | $85,621 – $115,463 |
| 5+ years (Experienced) | $115,463 – $147,793 |
| 10+ years (Top Earner) | $147,793 – $178,968 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Dothan
The Dothan market currently employs 18 actuaries, indicating a modest local presence relative to larger cities. With a cost-of-living index of 87.9, take-home pay may stretch further for those living and working in the area. Employers offering comparatively high salaries include major life insurance companies and health insurers, such as Prudential and UnitedHealth, alongside consulting firms that typically offer better compensation packages for credentialed actuaries. The pay disparity can often be traced to factors such as exam completion status—each passing exam can increase base pay significantly—as well as the market demand for specific expertise. To maximize earnings, aspiring actuaries in Dothan should focus on exam progression, consider opportunities in sectors like property and casualty reinsurance, and look for firms that offer additional benefits and bonuses tied to credential milestones.
More salary data for Dothan, AL:
Frequently Asked Questions
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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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $111,883 for actuariesin the Dothan metropolitan area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Dothan is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov