Burke vs Chesapeake: Actuary Salary (2026)
Compare actuary salaries between Burke, VA and Chesapeake, VA. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Burke, VA | Chesapeake, VA |
|---|---|---|
| Median Salary | $136,722▲ | $105,144 |
| Hourly Rate | $65.73▲ | $50.55 |
| Entry Level (P10) | $84,133▲ | $60,984 |
| 25th Percentile | $102,489▲ | $80,168 |
| 75th Percentile | $175,004▲ | $134,585 |
| Top Earner (P90) | $211,920▲ | $162,973 |
| Total Employed | 10 | 63▲ |
Verdict
Burke, VA offers better overall compensation for actuaries, winning 3 out of 4 metrics compared to Chesapeake.
The salary gap between Burke and Chesapeake is $31,578 (30.03%). Burke's median is +1.91% compared to the US national median of $134,160.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Burke spans $127,787,Chesapeake spans $101,989. Burke has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Burke ($132,483 effective) pays 30.03% more than Chesapeake ($101,884 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Burke if…
- ✓Higher median salary ($136,722/year)
- ✓Better top-earner potential ($211,920)
- ✓Better purchasing power (CoL-adjusted: $132,483)
- ✓You prefer the Virginia area and lifestyle
Choose Chesapeake if…
- ✓Larger job market (63 employed)
- ✓You prefer the Virginia area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, actuary salaries in Burke grew 1.6% from 2024 to 2025, compared to -25.4% growth in Chesapeake over the same period.
Burke, VA
$130,445 (2024) → $132,483 (2025)
Chesapeake, VA
$136,587 (2024) → $101,884 (2025)
View Full Salary Data
Chesapeake, 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
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.20% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS , released .
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov