Actuary Salary in Elko, NV: $123,396 (2026)
Quick Answer:A full-time actuary in Elko, NV earns a median $123,396/year (≈ $59.33/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Elko's price level (2% below national, BEA RPP 98.3), that paycheck buys what $125,530 would nationally. Nominal pay sits 6.4% below the Nevada state average.
Based on BLS state-level estimates · View source
In Elko, NV, actuaries can expect a median annual salary of $123,396 in 2026, which is slightly below the national median of $134,160. The salary range for actuaries in this region reflects a broad spectrum, with entry-level positions earning around $83,565 (P10) and experienced professionals reaching up to approximately $186,588 (P90). These figures are derived from 2025 BLS data, projected for 2026, and adjusted for local cost of living conditions. While the actuarial job market in Elko only has four professionals currently employed, the compensation indicates competitive opportunities in a state where the overall cost of living is near the national average.
About the Elko Market
Salary estimated from Nevada average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $83,565 | $40.18 |
| Lower Range (P25) | $98,142 | $47.18 |
| Median (P50)(typical) | $123,396 | $59.33 |
| Upper Range (P75) | $154,273 | $74.17 |
| Top Earners (P90) | $186,588 | $89.70 |
Median Salary Position
8.02% below the national average
2026 Salary Percentile Distribution in Elko
In Elko, NV, the actuary salary spread from the 10th to 90th percentile is $103,023 (2026 est.). At $123,396, the local median is 8.02% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Elko: You'd be in the lower-middle range
How Elko Actuary Pay Compares
Elko median: $123,396/year (2026)
| Compared To | Median Salary | Elko Pays |
|---|---|---|
| Nevada Average | $131,834 | -6.40% less |
| National Average | $134,160 | -8.02% less |
Actuarys in Elko, NV earn a median of $123,396 per year (2026 est.), which is 8.02% lower than the national median of $134,160 and 6.40% below the Nevada state average of $131,834.
Cost-of-Living Adjusted Salary
Elko has a cost of living 1.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Elko, NV has a cost-of-living index of 98.3 (below the national average of 100). A actuary earning $123,396 nominally has purchasing power equivalent to $125,530 in an average-cost city — an effective 1.73% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$99,657
2025 BLS Actual
$119,570
2026 Current Est.
$123,396
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Elko (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $99,657 | Actual |
| 2020 | $102,122 | Actual |
| 2021 | $97,404 | Actual |
| 2022 | $104,844 | Actual |
| 2023 | $110,372 | Actual |
| 2024 | $105,773 | Actual |
| 2025 | $119,570 | Actual |
| 2026(current) | $123,396 | Estimated |
| 2027 | $127,345 | Projected |
Based on 7 years of BLS OEWS data for the Elko metropolitan area, the median actuary salary grew 20.0% from $99,657 (2019) to $119,570 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $127,345 by 2027 — a total increase of $27,688 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Elko 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) | $83,565 – $98,142 |
| 3-5 years (Mid Career) | $98,142 – $123,396 |
| 5+ years (Experienced) | $123,396 – $154,273 |
| 10+ years (Top Earner) | $154,273 – $186,588 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Elko
Analyzing the factors that influence the actuarial salary in Elko reveals key aspects of the local job market. With a cost-of-living index of 98.3, actuaries enjoy a favorable purchasing power relative to other regions. Organizations such as Prudential, MetLife, and Cigna are among the more lucrative employers in the area, often providing competitive pay for those with advanced credentials. The disparity in salary levels can often be attributed to exam progression, where actuaries typically see an increase of $3,000 to $8,000 in compensation with each passed exam. Furthermore, those advancing from ASA to FSA or FCAS credentials can significantly boost their earning potential, as consulting firms often pay a premium for advanced qualifications. Aspiring actuaries in Elko should focus on skill development in predictive analytics and completing their exams to maximize their earnings and leverage local opportunities effectively.
More salary data for Elko, NV:
Frequently Asked Questions
How much do actuaries make in Elko, NV in 2026?
Is Elko, NV a good place to work as a actuary?
Can actuaries make $100K in Elko?
What is the cost-of-living adjusted actuary salary in Elko?
How much does a actuary make per hour in Elko?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Nevada
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 $119,570 for actuariesin the Elko 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 Elko 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