Actuary Salary in Augusta, GA: $124,699 (2026)
Quick Answer:A full-time actuary in Augusta, GA earns a median $124,699/year (≈ $59.95/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Augusta's price level (7% below national, BEA RPP 93.1), that paycheck buys what $133,941 would nationally. Nominal pay sits 2.7% above the Georgia state average.
Based on BLS state-level estimates · View source
In 2026, actuaries in Augusta, Georgia, can expect to earn a median annual salary of $124,699, positioning them slightly below the national median of $134,160. The local salary range is projected to vary significantly, from $76,497 at the 10th percentile to $193,283 at the 90th percentile, reflecting the unique dynamics of the local job market. These figures are derived from estimates based on 2025 BLS state-level data and adjusted for regional price parities. Actuaries in Augusta often find themselves choosing between working in life and health insurance versus property and casualty fields, which can ultimately influence compensation levels within the community.
About the Augusta Market
Salary estimated from Georgia average ($122,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $76,497 | $36.78 |
| Lower Range (P25) | $94,155 | $45.26 |
| Median (P50)(typical) | $124,699 | $59.95 |
| Upper Range (P75) | $159,614 | $76.74 |
| Top Earners (P90) | $193,283 | $92.92 |
Median Salary Position
7.05% below the national average
2026 Salary Percentile Distribution in Augusta
In Augusta, GA, the actuary salary spread from the 10th to 90th percentile is $116,786 (2026 est.). At $124,699, the local median is 7.05% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Augusta: You'd be in the lower-middle range
How Augusta Actuary Pay Compares
Augusta median: $124,699/year (2026)
| Compared To | Median Salary | Augusta Pays |
|---|---|---|
| Georgia Average | $121,420 | +2.70% more |
| National Average | $134,160 | -7.05% less |
Actuarys in Augusta, GA earn a median of $124,699 per year (2026 est.), which is 7.05% lower than the national median of $134,160 and 2.70% above the Georgia state average of $121,420.
Cost-of-Living Adjusted Salary
Augusta has a cost of living 6.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Augusta, GA has a cost-of-living index of 93.1 (below the national average of 100). A actuary earning $124,699 nominally has purchasing power equivalent to $133,941 in an average-cost city — an effective 7.41% boost.
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2019 BLS Actual
$100,709
2025 BLS Actual
$120,832
2026 Current Est.
$124,699
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Augusta (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $100,709 | Actual |
| 2020 | $103,200 | Actual |
| 2021 | $98,432 | Actual |
| 2022 | $105,951 | Actual |
| 2023 | $111,537 | Actual |
| 2024 | $116,704 | Actual |
| 2025 | $120,832 | Actual |
| 2026(current) | $124,699 | Estimated |
| 2027 | $128,689 | Projected |
Based on 7 years of BLS OEWS data for the Augusta metropolitan area, the median actuary salary grew 20.0% from $100,709 (2019) to $120,832 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $128,689 by 2027 — a total increase of $27,980 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Augusta 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) | $76,497 – $94,155 |
| 3-5 years (Mid Career) | $94,155 – $124,699 |
| 5+ years (Experienced) | $124,699 – $159,614 |
| 10+ years (Top Earner) | $159,614 – $193,283 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Augusta
Analyzing the job market in Augusta reveals a stable demand for actuaries, with approximately 42 professionals currently employed in the area. The cost of living index stands at 93.1, indicating that overall expenses are below the national average, thereby enhancing the take-home purchasing power for those in this profession. Among employers, life insurance companies like Prudential and MetLife generally offer competitive salaries, while property and casualty insurers such as State Farm and Progressive are also significant players. Factors contributing to the variability in pay include exam progressions, credential levels, and specialty markets, with professionals typically earning increases for each passed exam. Understanding these market nuances is crucial for maximizing actuary pay in Augusta GA, with continued education and seeking opportunities at consulting firms like Aon or Milliman often leading to higher compensation.
More salary data for Augusta, GA:
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 $120,832 for actuariesin the Augusta 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 Augusta 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