Independence vs Owensboro: Actuary Salary (2026)
Compare actuary salaries between Independence, KY and Owensboro, KY. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Independence, KY | Owensboro, KY |
|---|---|---|
| Median Salary | $106,682 | $108,414▲ |
| Hourly Rate | $51.29 | $52.13▲ |
| Entry Level (P10) | $66,478▲ | $64,767 |
| 25th Percentile | $80,584▲ | $80,081 |
| 75th Percentile | $136,553 | $138,770▲ |
| Top Earner (P90) | $165,357 | $168,042▲ |
| Total Employed | 5 | 14▲ |
Verdict
Owensboro, KY offers better overall compensation for actuaries, winning 4 out of 4 metrics compared to Independence.
The salary gap between Independence and Owensboro is $1,732 (1.62%). Owensboro's median is -19.19% compared to the US national median of $134,160.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Independence spans $98,879,Owensboro spans $103,275. Owensboro has a wider pay range, suggesting more variation in pay between entry-level and experienced actuarys.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Owensboro ($121,404 effective) pays 1.62% more than Independence ($119,465 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Independence if…
- ✓You prefer the Kentucky area and lifestyle
Choose Owensboro if…
- ✓Higher median salary ($108,414/year)
- ✓Better top-earner potential ($168,042)
- ✓Larger job market (14 employed)
- ✓Better purchasing power (CoL-adjusted: $121,404)
- ✓You prefer the Kentucky area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, actuary salaries in Independence grew 8.0% from 2024 to 2025, compared to 8.0% growth in Owensboro over the same period.
Independence, KY
$95,680 (2024) → $103,374 (2025)
Owensboro, KY
$97,233 (2024) → $105,052 (2025)
View Full Salary Data
Independence, KY
Owensboro, KY
Frequently Asked Questions
Which city pays actuarys more: Independence or Owensboro?
What is the hourly rate difference between Independence and Owensboro?
Should I relocate from Independence to Owensboro as a actuary?
What do entry-level actuarys earn in Independence vs Owensboro?
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