Actuary Salary in Hannibal, MO: $110,920 (2026)
Quick Answer:A full-time actuary in Hannibal, MO earns a median $110,920/year (≈ $53.32/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Hannibal's price level (10% below national, BEA RPP 89.6), that paycheck buys what $123,795 would nationally. Nominal pay sits 7.7% below the Missouri state average.
Based on BLS state-level estimates · View source
As of 2026, the actuary salary in Hannibal, Missouri, is projected to reach a median of $110,920. This figure positions local actuary compensation significantly below the national median of $134,160, indicating a disparity of roughly 17.32%. Salary ranges in Hannibal span from $73,002 at the 10th percentile to $171,209 at the 90th percentile, illustrating the potential for substantial income based on experience and achievement. These estimates stem from BLS state-level data adjusted for regional price parities, reflecting the local economic landscape. With only four actuaries currently employed in the area, the local job market may present unique opportunities for those entering the field or seeking to advance their careers in Hannibal.
About the Hannibal Market
Salary estimated from Missouri average ($118,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $73,002 | $35.10 |
| Lower Range (P25) | $86,331 | $41.51 |
| Median (P50)(typical) | $110,920 | $53.32 |
| Upper Range (P75) | $141,163 | $67.86 |
| Top Earners (P90) | $171,209 | $82.31 |
Median Salary Position
17.32% below the national average
2026 Salary Percentile Distribution in Hannibal
In Hannibal, MO, the actuary salary spread from the 10th to 90th percentile is $98,207 (2026 est.). At $110,920, the local median is 17.32% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Hannibal: You'd be in the lower-middle range
How Hannibal Actuary Pay Compares
Hannibal median: $110,920/year (2026)
| Compared To | Median Salary | Hannibal Pays |
|---|---|---|
| Missouri Average | $120,174 | -7.70% less |
| National Average | $134,160 | -17.32% less |
Actuarys in Hannibal, MO earn a median of $110,920 per year (2026 est.), which is 17.32% lower than the national median of $134,160 and 7.70% below the Missouri state average of $120,174.
Cost-of-Living Adjusted Salary
Hannibal has a cost of living 10.40% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Hannibal, MO has a cost-of-living index of 89.6 (below the national average of 100). A actuary earning $110,920 nominally has purchasing power equivalent to $123,795 in an average-cost city — an effective 11.61% boost.
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2019 BLS Actual
$89,581
2025 BLS Actual
$107,481
2026 Current Est.
$110,920
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Hannibal (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $89,581 | Actual |
| 2020 | $91,797 | Actual |
| 2021 | $87,556 | Actual |
| 2022 | $94,244 | Actual |
| 2023 | $99,213 | Actual |
| 2024 | $97,560 | Actual |
| 2025 | $107,481 | Actual |
| 2026(current) | $110,920 | Estimated |
| 2027 | $114,470 | Projected |
Based on 7 years of BLS OEWS data for the Hannibal metropolitan area, the median actuary salary grew 20.0% from $89,581 (2019) to $107,481 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $114,470 by 2027 — a total increase of $24,889 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hannibal 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) | $73,002 – $86,331 |
| 3-5 years (Mid Career) | $86,331 – $110,920 |
| 5+ years (Experienced) | $110,920 – $141,163 |
| 10+ years (Top Earner) | $141,163 – $171,209 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Hannibal
Understanding the local job market dynamics is crucial for actuaries in Hannibal, especially given the cost of living index of 89.6, which is below the national average of 100. This lower cost of living can enhance the purchasing power of earnings for actuaries, making salaries more favorable in the context of local expenses. Employers such as health insurance companies, including UnitedHealth and Anthem, tend to offer more competitive salaries compared to other sectors, like life insurance and property & casualty firms. The salary variation in Hannibal is influenced by several key factors: exam progression, where each passed exam generally translates into a pay increase of $3,000 to $8,000; the transition from ASA to FSA that leads to significant salary jumps; and the market specialty areas, with property & casualty and consulting roles often commanding higher compensation. To maximize earning potential, aspiring actuaries should focus on completing exams efficiently and seek opportunities that provide strong support for continued education and professional development.
More salary data for Hannibal, MO:
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 $107,481 for actuariesin the Hannibal 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 Hannibal 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