Actuary Salary in Vicksburg, MS: $110,390 (2026)
Quick Answer:A full-time actuary in Vicksburg, MS earns a median $110,390/year (≈ $53.08/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Vicksburg's price level (14% below national, BEA RPP 85.7), that paycheck buys what $128,810 would nationally. Nominal pay sits 4.0% below the Mississippi state average.
Based on BLS state-level estimates · View source
In 2026, the compensation for actuaries in Vicksburg, Mississippi, reflects a market dynamic influenced by both consulting and insurance sectors. The median annual salary is projected at $110,390, which is notably lower than the national median of $134,160, indicating an approximate 17.72% pay differential. The salary range spans from $70,728 at the lower tenth percentile to $168,531 at the higher ninetieth percentile. This data, derived from 2025 BLS state-level figures adjusted for regional economic conditions, reveals that the local market offers ample opportunity, especially for those with advancing credentials. As actuaries in Vicksburg continue to progress through their exams and gain the necessary qualifications, the potential for higher earnings within the job market becomes increasingly evident.
About the Vicksburg Market
Salary estimated from Mississippi average ($95,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $70,728 | $34.00 |
| Lower Range (P25) | $84,519 | $40.63 |
| Median (P50)(typical) | $110,390 | $53.08 |
| Upper Range (P75) | $141,299 | $67.94 |
| Top Earners (P90) | $168,531 | $81.02 |
Median Salary Position
17.72% below the national average
2026 Salary Percentile Distribution in Vicksburg
In Vicksburg, MS, the actuary salary spread from the 10th to 90th percentile is $97,803 (2026 est.). At $110,390, the local median is 17.72% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Vicksburg: You'd be in the lower-middle range
How Vicksburg Actuary Pay Compares
Vicksburg median: $110,390/year (2026)
| Compared To | Median Salary | Vicksburg Pays |
|---|---|---|
| Mississippi Average | $114,990 | -4.00% less |
| National Average | $134,160 | -17.72% less |
Actuarys in Vicksburg, MS earn a median of $110,390 per year (2026 est.), which is 17.72% lower than the national median of $134,160 and 4.00% below the Mississippi state average of $114,990.
Cost-of-Living Adjusted Salary
Vicksburg has a cost of living 14.30% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Vicksburg, MS has a cost-of-living index of 85.7 (below the national average of 100). A actuary earning $110,390 nominally has purchasing power equivalent to $128,810 in an average-cost city — an effective 16.69% boost.
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2019 BLS Actual
$89,153
2025 BLS Actual
$106,967
2026 Current Est.
$110,390
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Vicksburg (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $89,153 | Actual |
| 2020 | $91,358 | Actual |
| 2021 | $87,137 | Actual |
| 2022 | $93,794 | Actual |
| 2023 | $98,739 | Actual |
| 2024 | $78,168 | Actual |
| 2025 | $106,967 | Actual |
| 2026(current) | $110,390 | Estimated |
| 2027 | $113,922 | Projected |
Based on 7 years of BLS OEWS data for the Vicksburg metropolitan area, the median actuary salary grew 20.0% from $89,153 (2019) to $106,967 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $113,922 by 2027 — a total increase of $24,769 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Vicksburg 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) | $70,728 – $84,519 |
| 3-5 years (Mid Career) | $84,519 – $110,390 |
| 5+ years (Experienced) | $110,390 – $141,299 |
| 10+ years (Top Earner) | $141,299 – $168,531 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Vicksburg
Looking closer at the local job environment, Vicksburg employs a modest cohort of six actuaries, which may limit immediate opportunities but supports a robust potential for future growth. The relatively low cost of living, highlighted by a cost-of-living index of 85.7, enhances purchasing power for actuaries despite the regional salary differences. In this context, firms such as Prudential, MetLife, and UnitedHealth are key players, generally offering higher salaries compared to others in the industry, including property and casualty insurers. Factors contributing to pay variability include credential level, with significant jumps associated with achieving FSA status, and specialization area, as consulting roles often command higher earnings than positions in life insurance. To maximize salary potential in Vicksburg, actuaries should focus on continuing their education, leveraging exam success, and exploring consulting opportunities, all of which can lead to significant benefits in take-home earnings.
More salary data for Vicksburg, MS:
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 $106,967 for actuariesin the Vicksburg 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 Vicksburg 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