Actuary Salary in Prescott, AZ: $127,502 (2026)
Quick Answer:A full-time actuary in Prescott, AZ earns a median $127,502/year (≈ $61.30/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Prescott's price level (1% below national, BEA RPP 98.5), that paycheck buys what $129,444 would nationally. Nominal pay sits 3.5% below the Arizona state average.
Based on BLS state-level estimates · View source
In Prescott, Arizona, the actuarial profession presents a competitive salary landscape, with the median annual compensation expected to reach $127,502 in 2026, reflecting a slight decrease compared to the national median of $134,160. The salary range notably spans from $83,523 at the 10th percentile to $197,627 at the 90th percentile, indicating diverse earning potential based on experience and specialty. These figures are informed by estimates derived from 2025 BLS data and regional price adjustments, highlighting Prescott's unique market conditions for actuaries. For those in this field, understanding the gradient between consulting firms like Milliman and insurance companies is essential, as it influences potential salary outcomes significantly.
About the Prescott Market
Salary estimated from Arizona average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $83,523 | $40.16 |
| Lower Range (P25) | $99,715 | $47.94 |
| Median (P50)(typical) | $127,502 | $61.30 |
| Upper Range (P75) | $163,202 | $78.46 |
| Top Earners (P90) | $197,627 | $95.02 |
Median Salary Position
4.96% below the national average
2026 Salary Percentile Distribution in Prescott
In Prescott, AZ, the actuary salary spread from the 10th to 90th percentile is $114,104 (2026 est.). At $127,502, the local median is 4.96% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Prescott: You'd be in the lower-middle range
How Prescott Actuary Pay Compares
Prescott median: $127,502/year (2026)
| Compared To | Median Salary | Prescott Pays |
|---|---|---|
| Arizona Average | $132,126 | -3.50% less |
| National Average | $134,160 | -4.96% less |
Actuarys in Prescott, AZ earn a median of $127,502 per year (2026 est.), which is 4.96% lower than the national median of $134,160 and 3.50% below the Arizona state average of $132,126.
Cost-of-Living Adjusted Salary
Prescott 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.
Prescott, AZ has a cost-of-living index of 98.5 (below the national average of 100). A actuary earning $127,502 nominally has purchasing power equivalent to $129,444 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$102,973
2025 BLS Actual
$123,548
2026 Current Est.
$127,502
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Prescott (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $102,973 | Actual |
| 2020 | $105,519 | Actual |
| 2021 | $100,644 | Actual |
| 2022 | $108,333 | Actual |
| 2023 | $114,044 | Actual |
| 2024 | $109,292 | Actual |
| 2025 | $123,548 | Actual |
| 2026(current) | $127,502 | Estimated |
| 2027 | $131,582 | Projected |
Based on 7 years of BLS OEWS data for the Prescott metropolitan area, the median actuary salary grew 20.0% from $102,973 (2019) to $123,548 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $131,582 by 2027 — a total increase of $28,609 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Prescott 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) | $83,523 – $99,715 |
| 3-5 years (Mid Career) | $99,715 – $127,502 |
| 5+ years (Experienced) | $127,502 – $163,202 |
| 10+ years (Top Earner) | $163,202 – $197,627 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Prescott
Analyzing the local job market, Prescott currently employs only 9 actuaries, which can lead to greater competition amongst professionals. The cost of living index sits at 98.5, slightly below the national average, meaning that while salaries are competitive, the purchasing power of take-home pay may be comparatively less than in higher-cost areas. Notably, life insurance firms such as Prudential and MetLife offer some of the highest pay within the region, often attracting candidates with specialized skills in life products. The salary spread can be attributed to factors such as exam progression, where each passed exam can enhance pay significantly, and the transition from ASA to FSA, which typically commands a higher salary. If you are planning to maximize your compensation in Prescott, focusing on gaining credentials closely tied to market demand and possibly enhancing skills in predictive analytics could be beneficial in setting oneself apart within this narrower job pool.
More salary data for Prescott, AZ:
Frequently Asked Questions
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Can actuaries make $100K in Prescott?
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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 $123,548 for actuariesin the Prescott 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 Prescott 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