Actuary Salary in Folsom, CA: $121,124 (2026)
Quick Answer:A full-time actuary in Folsom, CA earns a median $121,124/year (≈ $58.24/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Folsom's price level (13% above national, BEA RPP 113.1), that paycheck buys what $107,095 would nationally. Nominal pay sits 6.9% below the California state average.
Based on BLS state-level estimates · View source
In 2026, the projected actuary salary in Folsom, California, is estimated at $121,124 annually, reflecting a pay scale that falls beneath the national median of $134,160. Salaries for this profession in Folsom range from $70,251 at the 10th percentile to as high as $187,741 at the 90th percentile, providing significant room for growth for those entering the field. These estimates are derived from state-level data and adjusted for regional cost of living factors, indicating that Folsom's actuary market is competitive despite the lower overall median compared to the national average. The salary structure suggests that actuaries working for consulting firms such as Milliman, Mercer, and WTW may find themselves on the higher end of this spectrum compared to those employed by insurers, further emphasizing the influence of the consulting versus insurance pay gradient.
About the Folsom Market
Salary estimated from California average ($148,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $70,251 | $33.78 |
| Lower Range (P25) | $87,784 | $42.21 |
| Median (P50)(typical) | $121,124 | $58.24 |
| Upper Range (P75) | $155,038 | $74.54 |
| Top Earners (P90) | $187,741 | $90.26 |
Median Salary Position
9.72% below the national average
2026 Salary Percentile Distribution in Folsom
In Folsom, CA, the actuary salary spread from the 10th to 90th percentile is $117,490 (2026 est.). At $121,124, the local median is 9.72% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Folsom: You'd be in the lower-middle range
How Folsom Actuary Pay Compares
Folsom median: $121,124/year (2026)
| Compared To | Median Salary | Folsom Pays |
|---|---|---|
| California Average | $130,101 | -6.90% less |
| National Average | $134,160 | -9.72% less |
Actuarys in Folsom, CA earn a median of $121,124 per year (2026 est.), which is 9.72% lower than the national median of $134,160 and 6.90% below the California state average of $130,101.
Cost-of-Living Adjusted Salary
Folsom has a cost of living 13.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Folsom, CA has a cost-of-living index of 113.1 (above the national average of 100). While the nominal salary of $121,124 is competitive, the higher cost of living reduces purchasing power to an effective $107,095 — a 11.58% reduction.
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2019 BLS Actual
$97,822
2025 BLS Actual
$117,368
2026 Current Est.
$121,124
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Folsom (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $97,822 | Actual |
| 2020 | $100,241 | Actual |
| 2021 | $95,610 | Actual |
| 2022 | $102,914 | Actual |
| 2023 | $108,340 | Actual |
| 2024 | $166,834 | Actual |
| 2025 | $117,368 | Actual |
| 2026(current) | $121,124 | Estimated |
| 2027 | $125,000 | Projected |
Based on 7 years of BLS OEWS data for the Folsom metropolitan area, the median actuary salary grew 20.0% from $97,822 (2019) to $117,368 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $125,000 by 2027 — a total increase of $27,178 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Folsom 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) | $70,251 – $87,784 |
| 3-5 years (Mid Career) | $87,784 – $121,124 |
| 5+ years (Experienced) | $121,124 – $155,038 |
| 10+ years (Top Earner) | $155,038 – $187,741 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Folsom
With 17 actuaries currently employed in Folsom, the local job market appears stable, albeit relatively small. The cost of living index, recorded at 113.1, indicates that the purchasing power of actuaries here is impacted by higher living expenses compared to the national average. Life insurance companies like Prudential and MetLife, along with health insurers such as UnitedHealth and Cigna, are notable employers in the area and typically offer competitive salaries, especially for those with advanced credentials. The salary range reflects various factors, including the completion of exams, which can increase compensation by $3,000 to $8,000 for each passed exam, as well as specialization in different actuarial fields. Professionals aiming to maximize their actuary pay in Folsom may benefit from strategically progressing through their exams and targeting roles within high-paying consulting firms where advanced credentials are highly valued.
More salary data for Folsom, 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 $117,368 for actuariesin the Folsom 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 Folsom 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