Actuary Salary in Lebanon, TN: $120,845 (2026)
Quick Answer:A full-time actuary in Lebanon, TN earns a median $120,845/year (≈ $58.10/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Lebanon's price level (8% below national, BEA RPP 91.8), that paycheck buys what $131,639 would nationally. Nominal pay sits 1.9% below the Tennessee state average.
Based on BLS state-level estimates · View source
In Lebanon, Tennessee, actuaries can anticipate a median annual salary of $120,845 in 2026, which is approximately 9.92% lower than the national median of $134,160. The projected salary range for actuaries in the area spans from $73,071 at the 10th percentile to $187,310 at the 90th percentile. These figures are based on estimates derived from 2025 BLS data, with adjustments for local cost of living considerations. The job market may be influenced by the choice of specialty in life, health, and pension areas versus property and casualty, each offering different compensation pathways and opportunities for advancement.
About the Lebanon Market
Salary estimated from Tennessee average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $73,071 | $35.13 |
| Lower Range (P25) | $89,632 | $43.10 |
| Median (P50)(typical) | $120,845 | $58.10 |
| Upper Range (P75) | $154,681 | $74.37 |
| Top Earners (P90) | $187,310 | $90.05 |
Median Salary Position
9.92% below the national average
2026 Salary Percentile Distribution in Lebanon
In Lebanon, TN, the actuary salary spread from the 10th to 90th percentile is $114,239 (2026 est.). At $120,845, the local median is 9.92% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Lebanon: You'd be in the lower-middle range
How Lebanon Actuary Pay Compares
Lebanon median: $120,845/year (2026)
| Compared To | Median Salary | Lebanon Pays |
|---|---|---|
| Tennessee Average | $123,186 | -1.90% less |
| National Average | $134,160 | -9.92% less |
Actuarys in Lebanon, TN earn a median of $120,845 per year (2026 est.), which is 9.92% lower than the national median of $134,160 and 1.90% below the Tennessee state average of $123,186.
Cost-of-Living Adjusted Salary
Lebanon has a cost of living 8.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lebanon, TN has a cost-of-living index of 91.8 (below the national average of 100). A actuary earning $120,845 nominally has purchasing power equivalent to $131,639 in an average-cost city — an effective 8.93% boost.
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2019 BLS Actual
$97,597
2025 BLS Actual
$117,098
2026 Current Est.
$120,845
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Lebanon (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $97,597 | Actual |
| 2020 | $100,011 | Actual |
| 2021 | $95,390 | Actual |
| 2022 | $102,677 | Actual |
| 2023 | $108,090 | Actual |
| 2024 | $103,587 | Actual |
| 2025 | $117,098 | Actual |
| 2026(current) | $120,845 | Estimated |
| 2027 | $124,712 | Projected |
Based on 7 years of BLS OEWS data for the Lebanon metropolitan area, the median actuary salary grew 20.0% from $97,597 (2019) to $117,098 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $124,712 by 2027 — a total increase of $27,115 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lebanon 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) | $73,071 – $89,632 |
| 3-5 years (Mid Career) | $89,632 – $120,845 |
| 5+ years (Experienced) | $120,845 – $154,681 |
| 10+ years (Top Earner) | $154,681 – $187,310 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Lebanon
With only 10 actuaries currently employed in Lebanon, the local job market remains relatively small but stable. The cost of living index sits at 91.8, suggesting that although salaries are lower than the national average, the purchasing power may still be favorable. Actuaries working for health insurance companies like UnitedHealth or reinsurance firms such as Munich Re typically earn more due to the complexity and demand for certain actuarial skills. Pay varies significantly within the industry, driven by exam progression and the transition from ASA to FSA or ACAS to FCAS. Essentially, each exam passed can yield an annual salary increase of $3,000 to $8,000, making continued professional education vital for maximizing actuary pay in Lebanon, TN.
More salary data for Lebanon, TN:
Frequently Asked Questions
How much do actuaries make in Lebanon, TN in 2026?
Is Lebanon, TN a good place to work as a actuary?
Can actuaries make $100K in Lebanon?
What is the cost-of-living adjusted actuary salary in Lebanon?
How much does a actuary make per hour in Lebanon?
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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 $117,098 for actuariesin the Lebanon 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 Lebanon 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