Actuary Salary in Danville, VA: $135,368 (2026)
Quick Answer:A full-time actuary in Danville, VA earns a median $135,368/year (≈ $65.08/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Danville's price level (3% above national, BEA RPP 103.2), that paycheck buys what $131,171 would nationally. Nominal pay sits 2.2% below the Virginia state average.
Based on BLS state-level estimates · View source
In 2026, actuaries in Danville, Virginia, can expect a median annual salary of $135,368, a figure that positions the local market slightly above the national average of $134,160. The salary range for actuaries in the area spans from $81,049 at the 10th percentile to $209,821 at the 90th percentile, reflecting the diverse opportunities within the profession. These figures are rooted in estimates derived from 2025 BLS data, adjusted for local economic conditions. Danville's job market offers a blend of opportunities primarily in consulting firms, where roles tend to offer higher compensation compared to traditional insurance sectors. Those entering the field will find that the potential for growth through passed exams and advancing credentials significantly impacts earning potential.
About the Danville Market
Salary estimated from Virginia average ($128,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $81,049 | $38.97 |
| Lower Range (P25) | $99,811 | $47.99 |
| Median (P50)(typical) | $135,368 | $65.08 |
| Upper Range (P75) | $173,272 | $83.30 |
| Top Earners (P90) | $209,821 | $100.88 |
Median Salary Position
0.90% above the national average
2026 Salary Percentile Distribution in Danville
In Danville, VA, the actuary salary spread from the 10th to 90th percentile is $128,772 (2026 est.). At $135,368, the local median is 0.9% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Danville: You'd be in the lower-middle range
How Danville Actuary Pay Compares
Danville median: $135,368/year (2026)
| Compared To | Median Salary | Danville Pays |
|---|---|---|
| Virginia Average | $138,414 | -2.20% less |
| National Average | $134,160 | +0.90% more |
Actuarys in Danville, VA earn a median of $135,368 per year (2026 est.), which is 0.90% higher than the national median of $134,160 and 2.20% below the Virginia state average of $138,414.
Cost-of-Living Adjusted Salary
Danville has a cost of living 3.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Danville, VA has a cost-of-living index of 103.2 (above the national average of 100). While the nominal salary of $135,368 is competitive, the higher cost of living reduces purchasing power to an effective $131,171 — a 3.1% reduction.
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2019 BLS Actual
$109,326
2025 BLS Actual
$131,171
2026 Current Est.
$135,368
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Danville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $109,326 | Actual |
| 2020 | $112,030 | Actual |
| 2021 | $106,854 | Actual |
| 2022 | $115,017 | Actual |
| 2023 | $121,081 | Actual |
| 2024 | $129,153 | Actual |
| 2025 | $131,171 | Actual |
| 2026(current) | $135,368 | Estimated |
| 2027 | $139,700 | Projected |
Based on 7 years of BLS OEWS data for the Danville metropolitan area, the median actuary salary grew 20.0% from $109,326 (2019) to $131,171 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $139,700 by 2027 — a total increase of $30,374 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Danville 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) | $81,049 – $99,811 |
| 3-5 years (Mid Career) | $99,811 – $135,368 |
| 5+ years (Experienced) | $135,368 – $173,272 |
| 10+ years (Top Earner) | $173,272 – $209,821 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Danville
The local market for actuaries in Danville currently employs seven professionals, indicating a relatively niche environment that may limit competition. However, the cost of living index sits at 103.2, suggesting that while salaries are competitive, purchasing power after essential expenses may be slightly constrained. Employers that typically pay top rates in the area include life insurance companies like Prudential and MetLife, as well as consulting firms such as Mercer and Aon, which often provide robust compensation packages for credentialed staff. The disparity in salaries within Danville is influenced by factors such as exam progression—where advancing from ASA to FSA can yield significant pay increases—and the industry specialization, with consulting typically commanding higher salaries than roles in life or health insurance. Actuaries looking to maximize their pay in this market should focus on enhancing their skills in predictive analytics or securing additional qualifications, as these attributes are increasingly valued across both consulting and insurance sectors in the region.
More salary data for Danville, VA:
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 $131,171 for actuariesin the Danville 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 Danville 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