Actuary Salary in Fairfield, CA: $134,128 (2026)
Quick Answer:A full-time actuary in Fairfield, CA earns a median $134,128/year (≈ $64.49/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Fairfield's price level (13% above national, BEA RPP 113.1), that paycheck buys what $118,592 would nationally. Nominal pay sits 3.1% above the California state average.
Based on BLS state-level estimates · View source
In Fairfield, California, actuaries can anticipate a median annual salary of $134,128 in 2026, which is slightly below the national median of $134,160 for the same year. The projected salary range for professionals in this field varies significantly, with entry-level positions starting at approximately $78,945 and highly experienced individuals earning up to $207,898. These figures are derived from state-level estimations based on 2025 BLS data and incorporated adjustments for local cost of living differences. Additionally, Fairfield's job market is solid, indicating a competitive landscape where actuaries can look to secure lucrative positions, particularly within consulting firms compared to typical insurer roles.
About the Fairfield Market
Salary estimated from California average ($148,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $78,945 | $37.96 |
| Lower Range (P25) | $98,495 | $47.36 |
| Median (P50)(typical) | $134,128 | $64.49 |
| Upper Range (P75) | $171,684 | $82.54 |
| Top Earners (P90) | $207,898 | $99.95 |
Median Salary Position
0.02% below the national average
2026 Salary Percentile Distribution in Fairfield
In Fairfield, CA, the actuary salary spread from the 10th to 90th percentile is $128,953 (2026 est.). At $134,128, the local median is 0.02% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Fairfield: You'd be in the lower-middle range
How Fairfield Actuary Pay Compares
Fairfield median: $134,128/year (2026)
| Compared To | Median Salary | Fairfield Pays |
|---|---|---|
| California Average | $130,095 | +3.10% more |
| National Average | $134,160 | -0.02% less |
Actuarys in Fairfield, CA earn a median of $134,128 per year (2026 est.), which is 0.02% lower than the national median of $134,160 and 3.10% above the California state average of $130,095.
Cost-of-Living Adjusted Salary
Fairfield has a cost of living 13.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Fairfield, CA has a cost-of-living index of 113.1 (above the national average of 100). While the nominal salary of $134,128 is competitive, the higher cost of living reduces purchasing power to an effective $118,592 — a 11.58% reduction.
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2019 BLS Actual
$108,324
2025 BLS Actual
$129,969
2026 Current Est.
$134,128
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Fairfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $108,324 | Actual |
| 2020 | $111,004 | Actual |
| 2021 | $105,875 | Actual |
| 2022 | $113,963 | Actual |
| 2023 | $119,971 | Actual |
| 2024 | $172,585 | Actual |
| 2025 | $129,969 | Actual |
| 2026(current) | $134,128 | Estimated |
| 2027 | $138,420 | Projected |
Based on 7 years of BLS OEWS data for the Fairfield metropolitan area, the median actuary salary grew 20.0% from $108,324 (2019) to $129,969 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $138,420 by 2027 — a total increase of $30,096 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Fairfield 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) | $78,945 – $98,495 |
| 3-5 years (Mid Career) | $98,495 – $134,128 |
| 5+ years (Experienced) | $134,128 – $171,684 |
| 10+ years (Top Earner) | $171,684 – $207,898 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Fairfield
With about 25 actuaries presently employed in Fairfield, the local job market exhibits encouraging stability. The cost of living in this area, indexed at 113.1, suggests that actuaries may face higher expenses relative to the national average, impacting overall take-home pay. Companies such as MetLife and Prudential tend to offer more competitive compensation packages compared to others in the insurance sector, while consulting firms like Mercer and WTW pay premium salaries for those who achieve FSA or FCAS credentials. Actuaries looking to maximize their salaries should focus on advancing their qualifications through the Society of Actuaries (SOA) exam process, as each passed exam typically yields a pay increase of $3,000 to $8,000. Additionally, gaining expertise in sought-after areas like predictive analytics can enhance marketability and drive salary growth in Fairfield, CA.
More salary data for Fairfield, CA:
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 $129,969 for actuariesin the Fairfield 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 Fairfield 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