Actuary Salary in Concord, NC: $135,023 (2026)
Quick Answer:A full-time actuary in Concord, NC earns a median $135,023/year (≈ $64.91/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Concord's price level (6% below national, BEA RPP 93.6), that paycheck buys what $144,255 would nationally. Nominal pay sits 7.5% above the North Carolina state average.
Based on BLS state-level estimates · View source
In Concord, North Carolina, actuaries can expect a median annual salary of $135,023 in 2026, slightly above the national median of $134,160 for the same year. Salaries in this field range significantly from $78,658 at the 10th percentile to $209,285 at the 90th percentile, indicating a robust potential for income growth as professionals advance in their careers. These figures are based on 2025 BLS data, projected to 2026, along with adjustments for regional cost variations, which reflect the strong local job market. For those selecting the Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) paths, the choice of specialty can significantly impact their earning potential and job opportunities within Concord.
About the Concord Market
Salary estimated from North Carolina average ($125,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $78,658 | $37.81 |
| Lower Range (P25) | $98,433 | $47.33 |
| Median (P50)(typical) | $135,023 | $64.91 |
| Upper Range (P75) | $172,829 | $83.09 |
| Top Earners (P90) | $209,285 | $100.62 |
Median Salary Position
0.64% above the national average
2026 Salary Percentile Distribution in Concord
In Concord, NC, the actuary salary spread from the 10th to 90th percentile is $130,627 (2026 est.). At $135,023, the local median is 0.64% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Concord: You'd be in the lower-middle range
How Concord Actuary Pay Compares
Concord median: $135,023/year (2026)
| Compared To | Median Salary | Concord Pays |
|---|---|---|
| North Carolina Average | $125,603 | +7.50% more |
| National Average | $134,160 | +0.64% more |
Actuarys in Concord, NC earn a median of $135,023 per year (2026 est.), which is 0.64% higher than the national median of $134,160 and 7.50% above the North Carolina state average of $125,603.
Cost-of-Living Adjusted Salary
Concord has a cost of living 6.40% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Concord, NC has a cost-of-living index of 93.6 (below the national average of 100). A actuary earning $135,023 nominally has purchasing power equivalent to $144,255 in an average-cost city — an effective 6.84% boost.
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2019 BLS Actual
$109,047
2025 BLS Actual
$130,836
2026 Current Est.
$135,023
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Concord (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $109,047 | Actual |
| 2020 | $111,744 | Actual |
| 2021 | $106,581 | Actual |
| 2022 | $114,723 | Actual |
| 2023 | $120,772 | Actual |
| 2024 | $120,103 | Actual |
| 2025 | $130,836 | Actual |
| 2026(current) | $135,023 | Estimated |
| 2027 | $139,343 | Projected |
Based on 7 years of BLS OEWS data for the Concord metropolitan area, the median actuary salary grew 20.0% from $109,047 (2019) to $130,836 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $139,343 by 2027 — a total increase of $30,296 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Concord 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) | $78,658 – $98,433 |
| 3-5 years (Mid Career) | $98,433 – $135,023 |
| 5+ years (Experienced) | $135,023 – $172,829 |
| 10+ years (Top Earner) | $172,829 – $209,285 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Concord
With a workforce of 24 actuaries currently employed in Concord, the local job market appears stable yet competitive. The cost of living index in this area stands at 93.6, suggesting that actuaries enjoy a favorable purchasing power compared to many other regions. Employers in the life and health insurance sectors, such as Prudential and UnitedHealth, traditionally offer higher salaries, especially for candidates who attain Fellowship status. The wide salary range seen in Concord can be attributed to factors such as exam progression, where each passed exam equates to a pay increase, and the level of professional credentialing achieved. To maximize compensation in this market, candidates should focus on passing exams promptly, seeking roles in high-paying disciplines like property and casualty insurance, and fully utilizing study time benefits and sign-on bonuses tied to credential acquisition.
More salary data for Concord, NC:
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 $130,836 for actuariesin the Concord 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 Concord 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