Actuary Salary in Lancaster, TX: $124,865 (2026)
Quick Answer:A full-time actuary in Lancaster, TX earns a median $124,865/year (≈ $60.03/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Lancaster's price level (4% below national, BEA RPP 96.0), that paycheck buys what $130,068 would nationally. Nominal pay sits 3.1% below the Texas state average.
Based on BLS state-level estimates · View source
Actuaries based in Lancaster, TX, can anticipate a median annual salary of $124,865 in 2026. This figure positions the local market slightly below the national median of $134,160, reflecting a variance of approximately 6.93%. The salary range for actuaries in this area is broad, with entry-level positions starting around $73,014 and experienced professionals earning as much as $193,540. These projections are informed by estimates derived from 2025 BLS data and reflect regional economic factors influencing job compensation. Notably, the choice between a specialty in life/health/pension through the Society of Actuaries (SOA) and property/casualty via the Casualty Actuarial Society (CAS) can significantly impact earning potential in this city, shaping both career paths and salary outcomes.
About the Lancaster Market
Salary estimated from Texas average ($128,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $73,014 | $35.10 |
| Lower Range (P25) | $98,383 | $47.30 |
| Median (P50)(typical) | $124,865 | $60.03 |
| Upper Range (P75) | $159,827 | $76.84 |
| Top Earners (P90) | $193,540 | $93.05 |
Median Salary Position
6.93% below the national average
2026 Salary Percentile Distribution in Lancaster
In Lancaster, TX, the actuary salary spread from the 10th to 90th percentile is $120,526 (2026 est.). At $124,865, the local median is 6.93% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Lancaster: You'd be in the lower-middle range
How Lancaster Actuary Pay Compares
Lancaster median: $124,865/year (2026)
| Compared To | Median Salary | Lancaster Pays |
|---|---|---|
| Texas Average | $128,859 | -3.10% less |
| National Average | $134,160 | -6.93% less |
Actuarys in Lancaster, TX earn a median of $124,865 per year (2026 est.), which is 6.93% lower than the national median of $134,160 and 3.10% below the Texas state average of $128,859.
Cost-of-Living Adjusted Salary
Lancaster has a cost of living 4.00% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lancaster, TX has a cost-of-living index of 96 (below the national average of 100). A actuary earning $124,865 nominally has purchasing power equivalent to $130,068 in an average-cost city — an effective 4.17% 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
$100,843
2025 BLS Actual
$120,993
2026 Current Est.
$124,865
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Lancaster (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $100,843 | Actual |
| 2020 | $103,337 | Actual |
| 2021 | $98,563 | Actual |
| 2022 | $106,092 | Actual |
| 2023 | $111,686 | Actual |
| 2024 | $119,132 | Actual |
| 2025 | $120,993 | Actual |
| 2026(current) | $124,865 | Estimated |
| 2027 | $128,860 | Projected |
Based on 7 years of BLS OEWS data for the Lancaster metropolitan area, the median actuary salary grew 20.0% from $100,843 (2019) to $120,993 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $128,860 by 2027 — a total increase of $28,017 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lancaster 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) | $73,014 – $98,383 |
| 3-5 years (Mid Career) | $98,383 – $124,865 |
| 5+ years (Experienced) | $124,865 – $159,827 |
| 10+ years (Top Earner) | $159,827 – $193,540 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Lancaster
In Lancaster, with just eight actuaries employed, the job market remains niche yet competitive. The cost of living index stands at 96, slightly below the national average, which enhances the purchasing power of actuaries navigating their finances. Local employers that typically offer higher pay include major life insurance providers like Prudential and MetLife, along with consulting firms such as Mercer and Aon. The salary spectrum in the area can be influenced by several factors, including exam completion and credential progression. Each passed exam can yield raises of $3,000 to $8,000, tightening the gap between lower and higher earnings. For actuaries aiming to maximize their pay in Lancaster, the best strategies include pursuing specialized certifications that align with high-demand markets and acquiring predictive analytics skills, which are increasingly sought after across various sectors.
More salary data for Lancaster, TX:
Frequently Asked Questions
How much do actuaries make in Lancaster, TX in 2026?
Is Lancaster, TX a good place to work as a actuary?
Can actuaries make $100K in Lancaster?
What is the cost-of-living adjusted actuary salary in Lancaster?
How much does a actuary make per hour in Lancaster?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Texas
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 $120,993 for actuariesin the Lancaster 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 Lancaster 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