Actuary Salary in Fairfield, OH: $116,867 (2026)
Quick Answer:A full-time actuary in Fairfield, OH earns a median $116,867/year (≈ $56.18/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Fairfield's price level (9% below national, BEA RPP 90.7), that paycheck buys what $128,850 would nationally. Nominal pay sits 4.0% below the Ohio state average.
Based on BLS state-level estimates · View source
In Fairfield, Ohio, the projected median salary for actuaries in 2026 is $116,867, which reflects a 12.89% decrease compared to the national median of $134,160. The salary range spans from $76,048 at the 10th percentile to $181,144 at the 90th percentile, revealing a diverse earning potential based on experience and specialization. These figures, derived from 2025 BLS data and adjusted for regional economic conditions, highlight the impact of specialty markets. Actuaries specializing in property and casualty (P&C) insurance, for instance, often achieve higher compensation compared to their counterparts in life and health sectors, which is an essential consideration for professionals assessing career paths in Fairfield's actuarial landscape.
About the Fairfield Market
Salary estimated from Ohio average ($120,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $76,048 | $36.56 |
| Lower Range (P25) | $90,749 | $43.63 |
| Median (P50)(typical) | $116,867 | $56.18 |
| Upper Range (P75) | $147,782 | $71.05 |
| Top Earners (P90) | $181,144 | $87.09 |
Median Salary Position
12.89% below the national average
2026 Salary Percentile Distribution in Fairfield
In Fairfield, OH, the actuary salary spread from the 10th to 90th percentile is $105,096 (2026 est.). At $116,867, the local median is 12.89% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Fairfield: You'd be in the lower-middle range
How Fairfield Actuary Pay Compares
Fairfield median: $116,867/year (2026)
| Compared To | Median Salary | Fairfield Pays |
|---|---|---|
| Ohio Average | $121,736 | -4.00% less |
| National Average | $134,160 | -12.89% less |
Actuarys in Fairfield, OH earn a median of $116,867 per year (2026 est.), which is 12.89% lower than the national median of $134,160 and 4.00% below the Ohio state average of $121,736.
Cost-of-Living Adjusted Salary
Fairfield has a cost of living 9.30% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Fairfield, OH has a cost-of-living index of 90.7 (below the national average of 100). A actuary earning $116,867 nominally has purchasing power equivalent to $128,850 in an average-cost city — an effective 10.25% boost.
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2019 BLS Actual
$94,384
2025 BLS Actual
$113,243
2026 Current Est.
$116,867
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Fairfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $94,384 | Actual |
| 2020 | $96,718 | Actual |
| 2021 | $92,249 | Actual |
| 2022 | $99,297 | Actual |
| 2023 | $104,532 | Actual |
| 2024 | $104,532 | Actual |
| 2025 | $113,243 | Actual |
| 2026(current) | $116,867 | Estimated |
| 2027 | $120,607 | Projected |
Based on 7 years of BLS OEWS data for the Fairfield metropolitan area, the median actuary salary grew 20.0% from $94,384 (2019) to $113,243 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $120,607 by 2027 — a total increase of $26,223 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Fairfield 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) | $76,048 – $90,749 |
| 3-5 years (Mid Career) | $90,749 – $116,867 |
| 5+ years (Experienced) | $116,867 – $147,782 |
| 10+ years (Top Earner) | $147,782 – $181,144 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Fairfield
An analysis of the job market in Fairfield reveals nine actuaries currently employed, indicating a niche yet stable demand for actuarial expertise in the region. With a cost of living index of 90.7, the purchasing power for actuaries can be more favorable compared to larger urban areas, allowing for more effective management of salary post-expenses. Major employers, including Prudential and State Farm, offer attractive compensation packages, particularly for those with higher credentials such as the FSA or FCAS. The considerable difference in salaries between the lower and upper ends of the pay range is influenced by ongoing exam progression, with each passed exam often translating to an increase in salary. For those aiming to maximize their pay in Fairfield, obtaining relevant credentials, pursuing opportunities in high-paying P&C roles, and emphasizing analytics skills can greatly enhance earning potential.
More salary data for Fairfield, OH:
Frequently Asked Questions
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Career Resources
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 $113,243 for actuariesin the Fairfield 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 Fairfield 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