Actuary Salary in Gilbert, AZ: $135,496 (2026)
Quick Answer:A full-time actuary in Gilbert, AZ earns a median $135,496/year (≈ $65.14/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Gilbert's price level (1% below national, BEA RPP 98.5), that paycheck buys what $137,559 would nationally. Nominal pay sits 2.5% above the Arizona state average.
Based on BLS state-level estimates · View source
In 2026, the actuary salary in Gilbert, Arizona, reflects a healthy market for professionals in this field, with a median annual income projected at $135,496, slightly above the national median of $134,160. Salaries locally range significantly, from $82,567 at the 10th percentile to $210,019 at the 90th percentile, suggesting that opportunities abound at both entry and senior levels. These figures, based on 2025 BLS data projected to 2026, indicate the upward trajectory of compensation as Gilbert's job market increasingly values the expertise of actuarial professionals, particularly in consulting roles with firms such as Milliman and Mercer, where salaries can be particularly robust compared to those in traditional insurance companies.
About the Gilbert Market
Salary estimated from Arizona average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $82,567 | $39.69 |
| Lower Range (P25) | $101,984 | $49.03 |
| Median (P50)(typical) | $135,496 | $65.14 |
| Upper Range (P75) | $173,436 | $83.39 |
| Top Earners (P90) | $210,019 | $100.97 |
Median Salary Position
1.00% above the national average
2026 Salary Percentile Distribution in Gilbert
In Gilbert, AZ, the actuary salary spread from the 10th to 90th percentile is $127,452 (2026 est.). At $135,496, the local median is 1% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Gilbert: You'd be in the lower-middle range
How Gilbert Actuary Pay Compares
Gilbert median: $135,496/year (2026)
| Compared To | Median Salary | Gilbert Pays |
|---|---|---|
| Arizona Average | $132,192 | +2.50% more |
| National Average | $134,160 | +1.00% more |
Actuarys in Gilbert, AZ earn a median of $135,496 per year (2026 est.), which is 1.00% higher than the national median of $134,160 and 2.50% above the Arizona state average of $132,192.
Cost-of-Living Adjusted Salary
Gilbert has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Gilbert, AZ has a cost-of-living index of 98.5 (below the national average of 100). A actuary earning $135,496 nominally has purchasing power equivalent to $137,559 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$109,429
2025 BLS Actual
$131,295
2026 Current Est.
$135,496
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Gilbert (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $109,429 | Actual |
| 2020 | $112,136 | Actual |
| 2021 | $106,955 | Actual |
| 2022 | $115,126 | Actual |
| 2023 | $121,195 | Actual |
| 2024 | $116,146 | Actual |
| 2025 | $131,295 | Actual |
| 2026(current) | $135,496 | Estimated |
| 2027 | $139,832 | Projected |
Based on 7 years of BLS OEWS data for the Gilbert metropolitan area, the median actuary salary grew 20.0% from $109,429 (2019) to $131,295 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $139,832 by 2027 — a total increase of $30,403 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Gilbert 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) | $82,567 – $101,984 |
| 3-5 years (Mid Career) | $101,984 – $135,496 |
| 5+ years (Experienced) | $135,496 – $173,436 |
| 10+ years (Top Earner) | $173,436 – $210,019 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Gilbert
The job market for actuaries in Gilbert currently includes approximately 49 professionals, showcasing a concentrated pool of talent in the area. The local cost-of-living index sits at 98.5, implying that while salary figures may appear competitive, the real purchasing power is slightly lower than the national average. Employers in fields like life insurance, including Prudential and MetLife, as well as health insurers like UnitedHealth, tend to offer competitive compensation packages. Factors influencing salary disparities include the progression of exams—each passed exam typically adds $3,000 to $8,000 to base pay along with differences in specialty areas such as property and casualty versus life or health insurance. To maximize pay in Gilbert, focusing on achieving Fellowship status and acquiring data analytics skills can enhance career prospects significantly, especially when transitioning from ASA to FSA. The local market favors those who navigate exam requirements strategically and gain expertise in niche domains.
More salary data for Gilbert, AZ:
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
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 $131,295 for actuariesin the Gilbert 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 Gilbert 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