Actuary Salary in Midwest City, OK: $118,198 (2026)
Quick Answer:A full-time actuary in Midwest City, OK earns a median $118,198/year (≈ $56.82/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Midwest City's price level (11% below national, BEA RPP 88.9), that paycheck buys what $132,956 would nationally. Nominal pay sits 0.9% below the Oklahoma state average.
Based on BLS state-level estimates · View source
In 2026, actuaries in Midwest City, Oklahoma, are projected to earn a median annual salary of $118,198, a figure that falls 11.90% below the national median of $134,160. The salary range for this profession in the area varies significantly, from $68,555 at the 10th percentile to $183,207 at the 90th percentile. These estimates derive from BLS state-level data adjusted for regional cost variations, making them particularly relevant for individuals seeking roles in local firms. Consulting firms like Milliman and Mercer tend to offer more competitive compensation compared to traditional insurers, reflecting the salary gradient that often rewards advanced credentials such as FSA or FCAS status.
About the Midwest City Market
Salary estimated from Oklahoma average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $68,555 | $32.96 |
| Lower Range (P25) | $91,949 | $44.21 |
| Median (P50)(typical) | $118,198 | $56.82 |
| Upper Range (P75) | $151,293 | $72.74 |
| Top Earners (P90) | $183,207 | $88.08 |
Median Salary Position
11.9% below the national average
2026 Salary Percentile Distribution in Midwest City
In Midwest City, OK, the actuary salary spread from the 10th to 90th percentile is $114,652 (2026 est.). At $118,198, the local median is 11.9% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Midwest City: You'd be in the lower-middle range
How Midwest City Actuary Pay Compares
Midwest City median: $118,198/year (2026)
| Compared To | Median Salary | Midwest City Pays |
|---|---|---|
| Oklahoma Average | $119,271 | -0.90% less |
| National Average | $134,160 | -11.90% less |
Actuarys in Midwest City, OK earn a median of $118,198 per year (2026 est.), which is 11.90% lower than the national median of $134,160 and 0.90% below the Oklahoma state average of $119,271.
Cost-of-Living Adjusted Salary
Midwest City has a cost of living 11.10% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Midwest City, OK has a cost-of-living index of 88.9 (below the national average of 100). A actuary earning $118,198 nominally has purchasing power equivalent to $132,956 in an average-cost city — an effective 12.49% boost.
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2019 BLS Actual
$95,459
2025 BLS Actual
$114,533
2026 Current Est.
$118,198
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Midwest City (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $95,459 | Actual |
| 2020 | $97,820 | Actual |
| 2021 | $93,300 | Actual |
| 2022 | $100,428 | Actual |
| 2023 | $105,723 | Actual |
| 2024 | $95,151 | Actual |
| 2025 | $114,533 | Actual |
| 2026(current) | $118,198 | Estimated |
| 2027 | $121,980 | Projected |
Based on 7 years of BLS OEWS data for the Midwest City metropolitan area, the median actuary salary grew 20.0% from $95,459 (2019) to $114,533 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $121,980 by 2027 — a total increase of $26,521 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Midwest City 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) | $68,555 – $91,949 |
| 3-5 years (Mid Career) | $91,949 – $118,198 |
| 5+ years (Experienced) | $118,198 – $151,293 |
| 10+ years (Top Earner) | $151,293 – $183,207 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Midwest City
With only 12 employed actuaries in the region, Midwest City’s job market is relatively limited, yet the area offers a cost of living index of 88.9, suggesting a lower financial burden than the national average. This affordability enhances purchasing power for actuaries, allowing them to enjoy a comfortable lifestyle despite the lower salary figures. Employers such as Prudential and UnitedHealth are among those likely to provide higher pay, especially for professionals who progress through exams. Earning potential can significantly increase with each completed exam, as each adds $3,000 to $8,000 to the base salary. Additionally, actuaries specializing in property & casualty or consulting fields often command salaries that exceed those in life or health sectors. To maximize earnings, candidates should focus on obtaining their FSA status and acquiring key predictive analytics skills, which are increasingly sought after in today’s market.
More salary data for Midwest City, OK:
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 $114,533 for actuariesin the Midwest City 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 Midwest City 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