Actuary Pay

Hoover vs Montgomery: Actuary Salary (2026)

Compare actuary salaries between Hoover, AL and Montgomery, AL. All figures are 2026 estimates projected from BLS 2025 data.

Hoover, AL
$119,068
$57.25/hr
Montgomery, AL
$121,508
$58.42/hr

Side-by-Side Comparison

MetricHoover, ALMontgomery, AL
Median Salary$119,068$121,508
Hourly Rate$57.25$58.42
Entry Level (P10)$71,422$70,474
25th Percentile$88,169$92,144
75th Percentile$152,407$155,530
Top Earner (P90)$184,556$188,337
Total Employed1732
Side-by-side bar chart comparing Hoover ($119,068) and Montgomery ($121,508) actuary salaries.HooverMontgomeryMedian Salary$119,068$121,508Entry Level (P10)$71,422$70,474Top Earner (P90)$184,556$188,337US Median $134,160

Verdict

Montgomery, AL offers better overall compensation for actuaries, winning 4 out of 4 metrics compared to Hoover.

The salary gap between Hoover and Montgomery is $2,440 (2.05%). Montgomery's median is -9.43% compared to the US national median of $134,160.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Hoover spans $113,134,Montgomery spans $117,863. Montgomery has a wider pay range, suggesting more variation in pay between entry-level and experienced actuarys.

Hoover
P10 (Entry)$71,422
P25$88,169
Median$119,068
P75$152,407
P90 (Top)$184,556
Montgomery
P10 (Entry)$70,474
P25$92,144
Median$121,508
P75$155,530
P90 (Top)$188,337

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Montgomery ($138,234 effective) pays 2.05% more than Hoover ($135,458 effective).

Hoover
Nominal: $119,068
CoL Index: 87.9
Adjusted: $135,458
Montgomery
Nominal: $121,508
CoL Index: 87.9
Adjusted: $138,234

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Hoover if…

  • You prefer the Alabama area and lifestyle

Choose Montgomery if…

  • Higher median salary ($121,508/year)
  • Better top-earner potential ($188,337)
  • Larger job market (32 employed)
  • Better purchasing power (CoL-adjusted: $138,234)
  • You prefer the Alabama area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, actuary salaries in Hoover grew 20.4% from 2024 to 2025, compared to 20.4% growth in Montgomery over the same period.

Hoover, AL

+20.4%

$95,851 (2024) → $115,376 (2025)

Montgomery, AL

+20.4%

$97,815 (2024) → $117,740 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays actuarys more: Hoover or Montgomery?

Montgomery has a higher median actuary salary at $121,508/year, compared to Hoover at $119,068/year — a difference of $2,440 (2.05%).

What is the hourly rate difference between Hoover and Montgomery?

Hoover actuarys earn $57.25/hr while Montgomery hygienists earn $58.42/hr (2026 est.).

Should I relocate from Hoover to Montgomery as a actuary?

Consider more than just salary when comparing Hoover and Montgomery. Factor in cost of living (CoL-adjusted: Hoover = $135,458, Montgomery = $138,234), job availability (17 vs 32 employed), commute, and career growth potential.

What do entry-level actuarys earn in Hoover vs Montgomery?

Entry-level (10th percentile) actuarys earn $71,422 in Hoover and $70,474 in Montgomery. The Hoover area offers higher starting salaries.
MC

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.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

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