Actuary Salary in Mission, TX: $128,643 (2026)
Quick Answer:A full-time actuary in Mission, TX earns a median $128,643/year (≈ $61.85/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Mission's price level (4% below national, BEA RPP 96.0), that paycheck buys what $134,003 would nationally. Nominal pay sits 0.1% below the Texas state average.
Based on BLS state-level estimates · View source
In Mission, Texas, the compensation for actuaries in 2026 is projected to be quite competitive, with a median salary of $128,643. This figure is slightly below the national median of $134,160, reflecting the local economic conditions and cost adjustments derived from state-level BLS data. Salaries in the area range significantly, from around $74,910 at the 10th percentile to $199,397 at the 90th percentile, indicating a varied market driven by factors like employer type and experience level. Consulting firms, such as Milliman and Mercer, typically offer higher wages compared to traditional insurance companies, positioning Mission as an attractive location for those seeking a balance between a solid salary and a lower cost of living, especially within its unique local job market.
About the Mission Market
Salary estimated from Texas average ($128,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $74,910 | $36.02 |
| Lower Range (P25) | $93,566 | $44.98 |
| Median (P50)(typical) | $128,643 | $61.85 |
| Upper Range (P75) | $164,663 | $79.16 |
| Top Earners (P90) | $199,397 | $95.86 |
Median Salary Position
4.11% below the national average
2026 Salary Percentile Distribution in Mission
In Mission, TX, the actuary salary spread from the 10th to 90th percentile is $124,487 (2026 est.). At $128,643, the local median is 4.11% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Mission: You'd be in the lower-middle range
How Mission Actuary Pay Compares
Mission median: $128,643/year (2026)
| Compared To | Median Salary | Mission Pays |
|---|---|---|
| Texas Average | $128,772 | -0.10% less |
| National Average | $134,160 | -4.11% less |
Actuarys in Mission, TX earn a median of $128,643 per year (2026 est.), which is 4.11% lower than the national median of $134,160 and 0.10% below the Texas state average of $128,772.
Cost-of-Living Adjusted Salary
Mission 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.
Mission, TX has a cost-of-living index of 96 (below the national average of 100). A actuary earning $128,643 nominally has purchasing power equivalent to $134,003 in an average-cost city — an effective 4.17% boost.
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2019 BLS Actual
$103,894
2025 BLS Actual
$124,654
2026 Current Est.
$128,643
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Mission (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $103,894 | Actual |
| 2020 | $106,464 | Actual |
| 2021 | $101,545 | Actual |
| 2022 | $109,302 | Actual |
| 2023 | $115,065 | Actual |
| 2024 | $122,736 | Actual |
| 2025 | $124,654 | Actual |
| 2026(current) | $128,643 | Estimated |
| 2027 | $132,760 | Projected |
Based on 7 years of BLS OEWS data for the Mission metropolitan area, the median actuary salary grew 20.0% from $103,894 (2019) to $124,654 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $132,760 by 2027 — a total increase of $28,866 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Mission 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) | $74,910 – $93,566 |
| 3-5 years (Mid Career) | $93,566 – $128,643 |
| 5+ years (Experienced) | $128,643 – $164,663 |
| 10+ years (Top Earner) | $164,663 – $199,397 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Mission
With 22 actuaries currently working in Mission, the local job market offers a special opportunity for both experienced professionals and newcomers, especially considering the cost of living index is at 96, which is below the national average. This means that while salaries might be lower than the national average, purchasing power remains relatively strong. Among the top employers are notable insurance companies like Prudential and UnitedHealth, alongside consulting firms that pay premiums for fellows. The significant pay spread can largely be attributed to progress within the actuarial exam structure, where each passed exam can yield an incremental pay increase, especially when moving from Associate to Fellow status. Actuaries looking to maximize their earning potential in Mission should focus on advancing through exams, mastering predictive analytics, and considering opportunities in consulting, where pay can greatly surpass that of traditional insurance roles.
More salary data for Mission, TX:
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 $124,654 for actuariesin the Mission 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 Mission 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