Actuary Salary in Fairfield, CT: $142,343 (2026)
Quick Answer:A full-time actuary in Fairfield, CT earns a median $142,343/year (≈ $68.43/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Fairfield's price level (8% above national, BEA RPP 107.9), that paycheck buys what $131,921 would nationally. Nominal pay sits 1.7% below the Connecticut state average.
Based on BLS state-level estimates · View source
In 2026, actuaries specializing in life, health, and pension via the SOA in Fairfield, CT can expect a median annual salary of $142,343, which represents a 6.10% increase compared to the national median of $134,160. The salary spectrum ranges significantly, from $90,557 at the 10th percentile to $220,631 at the 90th percentile, revealing the potential for substantial earnings based on experience and specialty. These figures stem from estimates based on 2025 BLS state-level data and account for regional price adjustments. As Fairfield hosts multiple top-tier insurers and consulting firms, the demand for skilled actuaries remains strong, indicating a vibrant job market for professionals in this area.
About the Fairfield Market
Salary estimated from Connecticut average ($145,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $90,557 | $43.54 |
| Lower Range (P25) | $109,393 | $52.59 |
| Median (P50)(typical) | $142,343 | $68.43 |
| Upper Range (P75) | $182,199 | $87.60 |
| Top Earners (P90) | $220,631 | $106.07 |
Median Salary Position
6.10% above the national average
2026 Salary Percentile Distribution in Fairfield
In Fairfield, CT, the actuary salary spread from the 10th to 90th percentile is $130,074 (2026 est.). At $142,343, the local median is 6.1% above 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: $142,343/year (2026)
| Compared To | Median Salary | Fairfield Pays |
|---|---|---|
| Connecticut Average | $144,804 | -1.70% less |
| National Average | $134,160 | +6.10% more |
Actuarys in Fairfield, CT earn a median of $142,343 per year (2026 est.), which is 6.10% higher than the national median of $134,160 and 1.70% below the Connecticut state average of $144,804.
Cost-of-Living Adjusted Salary
Fairfield has a cost of living 7.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Fairfield, CT has a cost-of-living index of 107.9 (above the national average of 100). While the nominal salary of $142,343 is competitive, the higher cost of living reduces purchasing power to an effective $131,921 — a 7.32% reduction.
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2019 BLS Actual
$114,959
2025 BLS Actual
$137,929
2026 Current Est.
$142,343
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 | $114,959 | Actual |
| 2020 | $117,802 | Actual |
| 2021 | $112,359 | Actual |
| 2022 | $120,943 | Actual |
| 2023 | $127,319 | Actual |
| 2024 | $153,843 | Actual |
| 2025 | $137,929 | Actual |
| 2026(current) | $142,343 | Estimated |
| 2027 | $146,898 | Projected |
Based on 7 years of BLS OEWS data for the Fairfield metropolitan area, the median actuary salary grew 20.0% from $114,959 (2019) to $137,929 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $146,898 by 2027 — a total increase of $31,939 (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) | $90,557 – $109,393 |
| 3-5 years (Mid Career) | $109,393 – $142,343 |
| 5+ years (Experienced) | $142,343 – $182,199 |
| 10+ years (Top Earner) | $182,199 – $220,631 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Fairfield
While there are currently only 9 actuaries employed in Fairfield, this market shows promising growth potential. With a cost-of-living index of 107.9, the financial landscape may require actuaries to consider their take-home purchasing power carefully. Life insurance companies like Prudential and MetLife, as well as health insurance giants such as UnitedHealth and Cigna, tend to offer more competitive salaries. The disparity in compensation often correlates with an actuary’s level of certification; advancing from ASA to FSA can yield significant pay increases, with each passed exam offering raises of $3,000 to $8,000. Candidates can maximize their earnings by focusing on specialties that align with local market demands, pursuing advanced certifications, and developing skills in predictive analytics, ensuring they remain invaluable to employers in Fairfield's evolving job landscape.
More salary data for Fairfield, CT:
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 $137,929 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