Actuary Salary in Florida: $128,430 (2026)
Quick Answer:Across Florida's 81 metropolitan areas, the average median actuary pay sits at $128,430/year heading into 2026 — a figure projected from 2025 BLS OEWS wage data for SOC 15-2011. Because Florida sits at BEA RPP 100.8 (1% above the U.S. baseline), that statewide median translates to roughly $127,411 in nationally-comparable purchasing power. Highest-paying metros: West Palm Beach ($142,959), Miami ($139,810), Fort Lauderdale ($137,780).
In 2026, the average median salary for actuaries in Florida is projected to be $128,429, which is approximately 4.3% lower than the national median of $134,160. The salary range within the state exhibits significant variability, with West Palm Beach offering the highest average at $147,534 and St. Petersburg on the lower end at $109,304, a difference of $38,230. This gap can be attributed to factors such as the cost of living, local demand for actuarial services, and the concentration of financial firms in different cities. Florida's job market for actuaries is projected to grow at a rate of 3.20% annually, driven by an increasing need for risk assessment in insurance, finance, and healthcare sectors. State licensing requirements are essential for those entering the profession, as actuaries must meet specific qualifications to practice in Florida, governed by local regulations that may impact job accessibility and scope of practice. Top cities for actuaries in Florida, besides West Palm Beach, include Miami at $144,284, Fort Lauderdale at $142,189, Jacksonville at $137,081, and Hialeah at $136,441. Understanding these dynamics can help professionals navigate their career paths in the state effectively.
Florida Actuary Salary Range
Overall salary range in Florida: $56,347 (lowest entry-level) to $228,677 (highest top earner)
Florida vs National Average
Florida actuaries earn 4.27% less than the national median ($-5,730/year difference).
Florida Actuary Salary Distribution (2026)
Actuary salaries in Florida range from $77,822 (entry-level, 10th percentile) to $198,913 (top earners, 90th percentile), with a median of $128,430. The Florida median is $5,730 below the US national median of $134,160. The average hourly rate is $61.75/hr. Approximately 1,986 actuarys are employed across 81 cities.
2019 BLS Actual
$101,414
2025 BLS Actual
$124,447
2026 Current Est.
$128,430
2019–2027 Growth
+30.7%
Salary Trajectory for Actuaries in Florida (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $101,414 | Actual |
| 2020 | $103,162 | Actual |
| 2021 | $108,610 | Actual |
| 2022 | $112,376 | Actual |
| 2023 | $110,015 | Actual |
| 2024 | $118,916 | Actual |
| 2025 | $124,447 | Actual |
| 2026(current) | $128,430 | Estimated |
| 2027 | $132,539 | Projected |
Based on 7 years of BLS OEWS data for the Florida metropolitan area, the median actuary salary grew 22.7% from $101,414 (2019) to $124,447 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $132,539 by 2027 — a total increase of $31,125 (30.69%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Florida 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.
Top 5 Highest Paying Cities in Florida
Lowest Paying Cities in Florida
| City | Median Salary |
|---|---|
| St. Petersburg | $109,304 |
| Tampa | $109,898 |
| Clearwater | $110,631 |
| Plant City | $122,756 |
| North Miami Beach | $123,199 |
Best Value Cities for Actuaries in Florida
When adjusted for local cost of living, these Florida cities offer the most purchasing power for actuaries.
| City | Nominal Salary | CoL Index | Adjusted Salary |
|---|---|---|---|
| West Palm Beach | $147,534 | 100.8 | $146,363 |
| Fort Lauderdale | $142,189 | 100.8 | $141,061 |
| Tallahassee | $129,691 | 93.919 | $138,088 |
| Jacksonville | $137,081 | 99.484 | $137,792 |
| Hialeah | $136,441 | 100.8 | $135,358 |
Adjusted salary = nominal salary × (100 / CoL index). CoL index: 100 = national average. Lower index = lower cost of living.
Salary by Experience Level in Florida
| Experience Level | Estimated Annual |
|---|---|
| Entry Level (0-2 years) | $77,822 |
| Mid Career (3-7 years) | $128,430 |
| Experienced (7+ years) | $198,913 |
Estimates based on BLS percentile data averaged across Florida metro areas. Individual pay varies by employer, certifications, and specialization.
All 81 Cities in Florida
| # | City | Median Salary |
|---|---|---|
| 1 | West Palm Beach | $147,534 |
| 2 | Miami | $144,284 |
| 3 | Fort Lauderdale | $142,189 |
| 4 | Jacksonville | $137,081 |
| 5 | Hialeah | $136,441 |
| 6 | Port St. Lucie | $134,752 |
| 7 | Coral Springs | $133,708 |
| 8 | Gainesville | $132,629 |
| 9 | Pembroke Pines | $132,492 |
| 10 | Lakeland | $132,324 |
| 11 | Doral | $131,460 |
| 12 | Melbourne | $131,358 |
| 13 | Winter Haven | $131,029 |
| 14 | Largo | $130,844 |
| 15 | Davie | $130,658 |
| 16 | Hollywood | $130,396 |
| 17 | Sarasota | $130,300 |
| 18 | North Port | $130,249 |
| 19 | Palm Bay | $130,155 |
| 20 | Delray Beach | $130,033 |
| 21 | Miramar | $129,788 |
| 22 | Palm Coast | $129,694 |
| 23 | Tallahassee | $129,691 |
| 24 | Fort Myers | $129,673 |
| 25 | Boca Raton | $129,386 |
| 26 | Cape Coral | $129,327 |
| 27 | Pensacola | $128,924 |
| 28 | Cutler Bay | $128,915 |
| 29 | Boynton Beach | $128,800 |
| 30 | Sanford | $128,650 |
| 31 | Panama City | $128,634 |
| 32 | Winter Park | $128,614 |
| 33 | Leesburg | $128,593 |
| 34 | North Miami | $128,534 |
| 35 | Port Orange | $128,494 |
| 36 | Jupiter | $128,318 |
| 37 | Miami Gardens | $128,248 |
| 38 | Plantation | $128,009 |
| 39 | Aventura | $127,979 |
| 40 | Royal Palm Beach | $127,949 |
| 41 | Pompano Beach | $127,839 |
| 42 | Homestead | $127,814 |
| 43 | Key West | $127,788 |
| 44 | Ocala | $127,619 |
| 45 | Tamarac | $127,537 |
| 46 | Apopka | $127,506 |
| 47 | Oviedo | $127,386 |
| 48 | Pinellas Park | $127,290 |
| 49 | Deltona | $127,280 |
| 50 | Deerfield Beach | $127,198 |
| 51 | Estero | $126,812 |
| 52 | Wellington | $126,767 |
| 53 | St. Cloud | $126,767 |
| 54 | Sebastian | $126,590 |
| 55 | Coconut Creek | $126,479 |
| 56 | Altamonte Springs | $126,340 |
| 57 | Lauderhill | $126,325 |
| 58 | Daytona Beach | $126,201 |
| 59 | Orlando | $126,162 |
| 60 | Sunrise | $126,027 |
| 61 | Palm Beach Gardens | $126,016 |
| 62 | Margate | $125,975 |
| 63 | Titusville | $125,826 |
| 64 | North Lauderdale | $125,816 |
| 65 | Haines City | $125,816 |
| 66 | DeLand | $125,755 |
| 67 | Bradenton | $125,688 |
| 68 | Bonita Springs | $125,626 |
| 69 | Winter Garden | $125,091 |
| 70 | Clermont | $125,021 |
| 71 | Dunedin | $124,296 |
| 72 | Winter Springs | $124,235 |
| 73 | Ocoee | $124,205 |
| 74 | Kissimmee | $124,077 |
| 75 | Ormond Beach | $123,864 |
| 76 | Oakland Park | $123,793 |
| 77 | North Miami Beach | $123,199 |
| 78 | Plant City | $122,756 |
| 79 | Clearwater | $110,631 |
| 80 | Tampa | $109,898 |
| 81 | St. Petersburg | $109,304 |
More Florida Salary Data
Senior / Experienced
Top earner salaries for experienced actuaries.
Compare Cities in Florida
View all comparisons →Explore More Actuary Salary Data
Frequently Asked Questions
How much do actuaries make in Florida in 2026?
What is the highest paying city for actuaries in Florida?
How does Florida actuary pay compare to the national average?
What is the entry-level actuary salary in Florida?
How many actuaries are employed in Florida?
Which Florida city offers the best value for actuaries?
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
Statewide 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. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to each metro area's reported salary to estimate current 2026 actuary compensation across Florida. State averages are employment-weighted across 81 metro areas — larger metro areas with more actuariescontribute proportionally more to the average, producing figures that better reflect typical compensation. Individual pay varies by city, employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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