Actuary Salary in Spokane, WA: $146,101 (2026)
Quick Answer:A full-time actuary in Spokane, WA earns a median $146,101/year (≈ $70.24/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Spokane's price level (7% above national, BEA RPP 107.4), that paycheck buys what $136,034 would nationally. Nominal pay sits 1.4% above the Washington state average.
Based on BLS state-level estimates · View source
In 2026, the projected median annual salary for actuaries in Spokane, Washington is $146,101, reflecting a premium over the national median of $134,160. This remarkable figure illustrates the competitive nature of the local job market, especially considering the salary range, with entry-level positions starting at $86,136 and experienced professionals earning up to $226,457. These estimates, derived from 2025 BLS data and adjusted for regional costs, highlight that while consulting firms like Milliman, Mercer, and WTW tend to offer higher pay, insurers also provide significant compensation, particularly for those positioned in specialized roles. The Spokane area maintains a strong focus on attracting talent with demonstrated credentials, making this city an appealing destination for aspiring actuaries.
About the Spokane Market
Salary estimated from Washington average ($132,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $86,136 | $41.41 |
| Lower Range (P25) | $108,070 | $51.96 |
| Median (P50)(typical) | $146,101 | $70.24 |
| Upper Range (P75) | $187,010 | $89.91 |
| Top Earners (P90) | $226,457 | $108.88 |
Median Salary Position
8.90% above the national average
2026 Salary Percentile Distribution in Spokane
In Spokane, WA, the actuary salary spread from the 10th to 90th percentile is $140,321 (2026 est.). At $146,101, the local median is 8.9% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Spokane: You'd be in the lower-middle range
How Spokane Actuary Pay Compares
Spokane median: $146,101/year (2026)
| Compared To | Median Salary | Spokane Pays |
|---|---|---|
| Washington Average | $144,084 | +1.40% more |
| National Average | $134,160 | +8.90% more |
Actuarys in Spokane, WA earn a median of $146,101 per year (2026 est.), which is 8.90% higher than the national median of $134,160 and 1.40% above the Washington state average of $144,084.
Cost-of-Living Adjusted Salary
Spokane has a cost of living 7.40% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Spokane, WA has a cost-of-living index of 107.4 (above the national average of 100). While the nominal salary of $146,101 is competitive, the higher cost of living reduces purchasing power to an effective $136,034 — a 6.89% reduction.
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
$117,994
2025 BLS Actual
$141,571
2026 Current Est.
$146,101
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Spokane (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $117,994 | Actual |
| 2020 | $120,913 | Actual |
| 2021 | $115,326 | Actual |
| 2022 | $124,136 | Actual |
| 2023 | $130,681 | Actual |
| 2024 | $143,749 | Actual |
| 2025 | $141,571 | Actual |
| 2026(current) | $146,101 | Estimated |
| 2027 | $150,777 | Projected |
Based on 7 years of BLS OEWS data for the Spokane metropolitan area, the median actuary salary grew 20.0% from $117,994 (2019) to $141,571 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $150,777 by 2027 — a total increase of $32,783 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Spokane 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) | $86,136 – $108,070 |
| 3-5 years (Mid Career) | $108,070 – $146,101 |
| 5+ years (Experienced) | $146,101 – $187,010 |
| 10+ years (Top Earner) | $187,010 – $226,457 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Spokane
With a workforce of 56 actuaries in Spokane, the local employment scene showcases robust opportunities, particularly amid a cost of living index of 107.4 that slightly exceeds the national average. This reality affects take-home purchasing power, making it crucial for actuaries to consider potential employers carefully. Life insurance companies such as Prudential and MetLife tend to rank among the highest in compensation, while consulting firms remain competitive, especially for those with Fellowship credentials. The disparity between lower and higher pay scales can be attributed to multiple factors, including exam accomplishments—where each passed exam can escalate a salary by $3,000 to $8,000—and specialty markets, with property and casualty consulting often yielding the most lucrative returns. For actuaries in Spokane, focusing on credential progression, cultivating predictive analytics skills, and targeting firms known for generous pay packages can effectively maximize their compensation potential in this thriving city.
More salary data for Spokane, WA:
Frequently Asked Questions
How much do actuaries make in Spokane, WA in 2026?
Is Spokane, WA a good place to work as a actuary?
Can actuaries make $100K in Spokane?
What is the cost-of-living adjusted actuary salary in Spokane?
How much does a actuary make per hour in Spokane?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Washington
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 $141,571 for actuariesin the Spokane 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 Spokane 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