Actuary Salary in Phenix City, AL: $116,040 (2026)
Quick Answer:A full-time actuary in Phenix City, AL earns a median $116,040/year (≈ $55.79/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Phenix City's price level (12% below national, BEA RPP 87.9), that paycheck buys what $132,014 would nationally. Nominal pay sits 1.6% below the Alabama state average.
Based on BLS state-level estimates · View source
The actuary salary in Phenix City, AL, is projected to be $116,040 in 2026, reflecting the area's growing demand for actuarial expertise. These professionals can expect to see a pay scale ranging from $76,306 at the 10th percentile to as high as $179,862 at the 90th percentile. Local estimates derived from 2025 BLS data and adjusted for regional cost factors suggest that while compensation may be lower than the national median, the low cost of living can positively impact overall financial well-being. With only seven actuaries currently employed in the area, this niche market provides opportunities for upward mobility as professional qualifications are achieved.
About the Phenix City Market
Salary estimated from Alabama average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $76,306 | $36.69 |
| Lower Range (P25) | $90,967 | $43.74 |
| Median (P50)(typical) | $116,040 | $55.79 |
| Upper Range (P75) | $147,483 | $70.91 |
| Top Earners (P90) | $179,862 | $86.47 |
Median Salary Position
13.51% below the national average
2026 Salary Percentile Distribution in Phenix City
In Phenix City, AL, the actuary salary spread from the 10th to 90th percentile is $103,556 (2026 est.). At $116,040, the local median is 13.51% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Phenix City: You'd be in the lower-middle range
How Phenix City Actuary Pay Compares
Phenix City median: $116,040/year (2026)
| Compared To | Median Salary | Phenix City Pays |
|---|---|---|
| Alabama Average | $117,927 | -1.60% less |
| National Average | $134,160 | -13.51% less |
Actuarys in Phenix City, AL earn a median of $116,040 per year (2026 est.), which is 13.51% lower than the national median of $134,160 and 1.60% below the Alabama state average of $117,927.
Cost-of-Living Adjusted Salary
Phenix City 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.
Phenix City, AL has a cost-of-living index of 87.9 (below the national average of 100). A actuary earning $116,040 nominally has purchasing power equivalent to $132,014 in an average-cost city — an effective 13.77% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$93,716
2025 BLS Actual
$112,442
2026 Current Est.
$116,040
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Phenix City (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $93,716 | Actual |
| 2020 | $96,034 | Actual |
| 2021 | $91,597 | Actual |
| 2022 | $98,594 | Actual |
| 2023 | $103,793 | Actual |
| 2024 | $93,414 | Actual |
| 2025 | $112,442 | Actual |
| 2026(current) | $116,040 | Estimated |
| 2027 | $119,753 | Projected |
Based on 7 years of BLS OEWS data for the Phenix City metropolitan area, the median actuary salary grew 20.0% from $93,716 (2019) to $112,442 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $119,753 by 2027 — a total increase of $26,037 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Phenix City 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) | $76,306 – $90,967 |
| 3-5 years (Mid Career) | $90,967 – $116,040 |
| 5+ years (Experienced) | $116,040 – $147,483 |
| 10+ years (Top Earner) | $147,483 – $179,862 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Phenix City
Phenix City's job market presents unique dynamics, particularly due to the area's cost-of-living index of 87.9, which is well below the national average. This lower cost structure can enhance purchasing power despite the salary levels being approximately 13.51% less than the national median of $134,160. Companies specializing in life and health insurance, like Prudential and UnitedHealth, typically offer competitive wages, but positions in property & casualty and consulting can yield higher returns, particularly for fellows with advanced credentials. The income disparity in Phenix City can largely be attributed to exam progression, where each passed exam translates into a substantial income increase, along with variations in credential levels and specialty areas. Those looking to maximize their actuary pay in Phenix City should strategically pursue relevant VEE credits, prepare diligently for exams, and consider the implications of specialty markets on their compensation trajectory.
More salary data for Phenix City, AL:
Frequently Asked Questions
How much do actuaries make in Phenix City, AL in 2026?
Is Phenix City, AL a good place to work as a actuary?
Can actuaries make $100K in Phenix City?
What is the cost-of-living adjusted actuary salary in Phenix City?
How much does a actuary make per hour in Phenix City?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Alabama
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 $112,442 for actuariesin the Phenix City 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 Phenix City 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