Actuary Pay

Norfolk vs Radford: Actuary Salary (2026)

Compare actuary salaries between Norfolk, VA and Radford, VA. All figures are 2026 estimates projected from BLS 2025 data.

Norfolk, VA
$106,300
$51.10/hr
Radford, VA
$132,421
$63.66/hr

Side-by-Side Comparison

MetricNorfolk, VARadford, VA
Median Salary$106,300$132,421
Hourly Rate$51.10$63.66
Entry Level (P10)$61,654$83,384
25th Percentile$76,536$105,949
75th Percentile$136,064$166,148
Top Earner (P90)$164,765$201,189
Total Employed546
Side-by-side bar chart comparing Norfolk ($106,300) and Radford ($132,421) actuary salaries.NorfolkRadfordMedian Salary$106,300$132,421Entry Level (P10)$61,654$83,384Top Earner (P90)$164,765$201,189US Median $134,160

Verdict

Radford, VA offers better overall compensation for actuaries, winning 3 out of 4 metrics compared to Norfolk.

The salary gap between Norfolk and Radford is $26,121 (24.57%). Radford's median is -1.30% compared to the US national median of $134,160.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Norfolk spans $103,111,Radford spans $117,805. Radford has a wider pay range, suggesting more variation in pay between entry-level and experienced actuarys.

Norfolk
P10 (Entry)$61,654
P25$76,536
Median$106,300
P75$136,064
P90 (Top)$164,765
Radford
P10 (Entry)$83,384
P25$105,949
Median$132,421
P75$166,148
P90 (Top)$201,189

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Radford ($128,315 effective) pays 24.57% more than Norfolk ($103,004 effective).

Norfolk
Nominal: $106,300
CoL Index: 103.2
Adjusted: $103,004
Radford
Nominal: $132,421
CoL Index: 103.2
Adjusted: $128,315

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

Which City Is Right for You?

Choose Norfolk if…

  • Larger job market (54 employed)
  • You prefer the Virginia area and lifestyle

Choose Radford if…

  • Higher median salary ($132,421/year)
  • Better top-earner potential ($201,189)
  • Better purchasing power (CoL-adjusted: $128,315)
  • You prefer the Virginia area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, actuary salaries in Norfolk grew -25.4% from 2024 to 2025, compared to 1.6% growth in Radford over the same period.

Norfolk, VA

+-25.4%

$138,089 (2024) → $103,004 (2025)

Radford, VA

+1.6%

$126,341 (2024) → $128,315 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays actuarys more: Norfolk or Radford?

Radford has a higher median actuary salary at $132,421/year, compared to Norfolk at $106,300/year — a difference of $26,121 (24.57%).

What is the hourly rate difference between Norfolk and Radford?

Norfolk actuarys earn $51.10/hr while Radford hygienists earn $63.66/hr (2026 est.).

Should I relocate from Norfolk to Radford as a actuary?

Consider more than just salary when comparing Norfolk and Radford. Factor in cost of living (CoL-adjusted: Norfolk = $103,004, Radford = $128,315), job availability (54 vs 6 employed), commute, and career growth potential.

What do entry-level actuarys earn in Norfolk vs Radford?

Entry-level (10th percentile) actuarys earn $61,654 in Norfolk and $83,384 in Radford. The Radford 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