Actuary Salary in Myrtle Beach, SC: $120,755 (2026)
Quick Answer:A full-time actuary in Myrtle Beach, SC earns a median $120,755/year (≈ $58.06/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Myrtle Beach's price level (8% below national, BEA RPP 91.5), that paycheck buys what $131,973 would nationally. Nominal pay sits 1.6% below the South Carolina state average.
Based on BLS state-level estimates · View source
2026 projections indicate an actuary salary in Myrtle Beach, South Carolina, reaching a median of $120,755. This figure reflects the local market's unique dynamics, where salaries range from $79,725 at the 10th percentile to $187,171 at the 90th percentile. These estimates, derived from 2025 BLS data and adjusted for regional price parities, illustrate an actuary’s earning potential in this coastal city. Although the median salary here is approximately 10% lower than the national average of $134,160, Myrtle Beach's job market for actuaries is projected to grow steadily, with an annual growth rate of 3.20%. Navigating the exam progression can greatly influence pay levels, making it critical for actuaries in Myrtle Beach to focus on credential advancement.
About the Myrtle Beach Market
Salary estimated from South Carolina average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $79,725 | $38.33 |
| Lower Range (P25) | $94,616 | $45.49 |
| Median (P50)(typical) | $120,755 | $58.06 |
| Upper Range (P75) | $153,521 | $73.81 |
| Top Earners (P90) | $187,171 | $89.99 |
Median Salary Position
9.99% below the national average
2026 Salary Percentile Distribution in Myrtle Beach
In Myrtle Beach, SC, the actuary salary spread from the 10th to 90th percentile is $107,446 (2026 est.). At $120,755, the local median is 9.99% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Myrtle Beach: You'd be in the lower-middle range
How Myrtle Beach Actuary Pay Compares
Myrtle Beach median: $120,755/year (2026)
| Compared To | Median Salary | Myrtle Beach Pays |
|---|---|---|
| South Carolina Average | $122,719 | -1.60% less |
| National Average | $134,160 | -9.99% less |
Actuarys in Myrtle Beach, SC earn a median of $120,755 per year (2026 est.), which is 9.99% lower than the national median of $134,160 and 1.60% below the South Carolina state average of $122,719.
Cost-of-Living Adjusted Salary
Myrtle Beach has a cost of living 8.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Myrtle Beach, SC has a cost-of-living index of 91.5 (below the national average of 100). A actuary earning $120,755 nominally has purchasing power equivalent to $131,973 in an average-cost city — an effective 9.29% boost.
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2019 BLS Actual
$97,524
2025 BLS Actual
$117,011
2026 Current Est.
$120,755
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Myrtle Beach (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $97,524 | Actual |
| 2020 | $99,936 | Actual |
| 2021 | $95,319 | Actual |
| 2022 | $102,601 | Actual |
| 2023 | $108,010 | Actual |
| 2024 | $97,209 | Actual |
| 2025 | $117,011 | Actual |
| 2026(current) | $120,755 | Estimated |
| 2027 | $124,620 | Projected |
Based on 7 years of BLS OEWS data for the Myrtle Beach metropolitan area, the median actuary salary grew 20.0% from $97,524 (2019) to $117,011 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $124,620 by 2027 — a total increase of $27,096 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Myrtle Beach 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) | $79,725 – $94,616 |
| 3-5 years (Mid Career) | $94,616 – $120,755 |
| 5+ years (Experienced) | $120,755 – $153,521 |
| 10+ years (Top Earner) | $153,521 – $187,171 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Myrtle Beach
With only five actuaries currently employed in Myrtle Beach, the local job market is relatively small, and competition for positions may be limited. The cost of living index sits at 91.5, suggesting that while salaries may be lower than the national average, the purchasing power for actuaries is still competitive. Among local employers, firms that generally provide higher salaries include life insurance companies like Prudential and MetLife, as well as property and casualty insurers like State Farm. The variability in actuary pay stems from factors such as exam progression, where each passed exam can add between $3,000 and $8,000 to base pay. Additionally, credential levels play a significant role, with SOA and CAS fellows typically earning more. For those targeting maximum compensation in Myrtle Beach, focusing on skills in predictive analytics and data science, completing advanced credentials, and considering positions with consulting firms that favor FSAs and FCAS will be essential strategies to optimize earnings.
More salary data for Myrtle Beach, SC:
Frequently Asked Questions
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Can actuaries make $100K in Myrtle Beach?
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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 $117,011 for actuariesin the Myrtle Beach 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 Myrtle Beach 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