Actuary Salary in Monroe, LA: $105,685 (2026)
Quick Answer:A full-time actuary in Monroe, LA earns a median $105,685/year (≈ $50.81/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Monroe's price level (10% below national, BEA RPP 90.3), that paycheck buys what $117,038 would nationally. Nominal pay sits 3.6% below the Louisiana state average.
Based on BLS state-level estimates · View source
Actuaries in Monroe, Louisiana, are projected to earn a median annual salary of $105,685 in 2026, which represents a significant discrepancy when compared to the national median of $134,160. The local salary range spans from $69,469 at the 10th percentile to $163,811 at the 90th percentile. These estimates, derived from 2025 BLS state-level data adjusted for regional price parities, reflect the unique economic landscape of Monroe, where the actuary position is driven by the local demand and the specific requirements of the insurance and consulting sectors. Understanding this compensation framework is crucial for professionals contemplating their career paths in the area.
About the Monroe Market
Salary estimated from Louisiana average ($110,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $69,469 | $33.40 |
| Lower Range (P25) | $82,581 | $39.70 |
| Median (P50)(typical) | $105,685 | $50.81 |
| Upper Range (P75) | $135,277 | $65.04 |
| Top Earners (P90) | $163,811 | $78.75 |
Median Salary Position
21.22% below the national average
2026 Salary Percentile Distribution in Monroe
In Monroe, LA, the actuary salary spread from the 10th to 90th percentile is $94,342 (2026 est.). At $105,685, the local median is 21.22% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Monroe: You'd be in the lower-middle range
How Monroe Actuary Pay Compares
Monroe median: $105,685/year (2026)
| Compared To | Median Salary | Monroe Pays |
|---|---|---|
| Louisiana Average | $109,632 | -3.60% less |
| National Average | $134,160 | -21.22% less |
Actuarys in Monroe, LA earn a median of $105,685 per year (2026 est.), which is 21.22% lower than the national median of $134,160 and 3.60% below the Louisiana state average of $109,632.
Cost-of-Living Adjusted Salary
Monroe has a cost of living 9.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Monroe, LA has a cost-of-living index of 90.3 (below the national average of 100). A actuary earning $105,685 nominally has purchasing power equivalent to $117,038 in an average-cost city — an effective 10.74% boost.
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2019 BLS Actual
$85,353
2025 BLS Actual
$102,408
2026 Current Est.
$105,685
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Monroe (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $85,353 | Actual |
| 2020 | $87,464 | Actual |
| 2021 | $83,423 | Actual |
| 2022 | $89,796 | Actual |
| 2023 | $94,530 | Actual |
| 2024 | $95,784 | Actual |
| 2025 | $102,408 | Actual |
| 2026(current) | $105,685 | Estimated |
| 2027 | $109,067 | Projected |
Based on 7 years of BLS OEWS data for the Monroe metropolitan area, the median actuary salary grew 20.0% from $85,353 (2019) to $102,408 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $109,067 by 2027 — a total increase of $23,714 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Monroe 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) | $69,469 – $82,581 |
| 3-5 years (Mid Career) | $82,581 – $105,685 |
| 5+ years (Experienced) | $105,685 – $135,277 |
| 10+ years (Top Earner) | $135,277 – $163,811 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Monroe
With only seven actuaries employed in Monroe, the local job market is relatively small, yet stable, which can influence salary dynamics directly. The cost of living index stands at 90.3, meaning that take-home earnings retain a better purchasing power relative to many higher-cost areas. Employers such as Prudential and MetLife tend to offer higher salaries, particularly for candidates with advanced qualifications. The variance in actuary pay in Monroe is primarily driven by exam progression—passing each exam typically leads to an increase in pay—and the different specializations within actuarial science. Those pursuing an ASA designation can expect initial roles with lower pay, but advancing to an FSA or FCAS status can significantly elevate their earning potential. For maximum compensation, candidates should seek opportunities in consulting firms where the pay gradient favors those with advanced credentials and specialized skills in predictive analytics.
More salary data for Monroe, LA:
Frequently Asked Questions
How much do actuaries make in Monroe, LA in 2026?
Is Monroe, LA a good place to work as a actuary?
Can actuaries make $100K in Monroe?
What is the cost-of-living adjusted actuary salary in Monroe?
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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 $102,408 for actuariesin the Monroe 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 Monroe 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