Actuary Salary in Richardson, TX: $130,388 (2026)
Quick Answer:A full-time actuary in Richardson, TX earns a median $130,388/year (≈ $62.68/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Richardson's price level (4% below national, BEA RPP 96.0), that paycheck buys what $135,821 would nationally. Nominal pay sits 1.2% above the Texas state average.
Based on BLS state-level estimates · View source
With a median annual salary of $130,388, actuaries in Richardson, Texas, can expect a competitive income in comparison to the national average of $134,160. The salary range spans from $75,625 at the 10th percentile to $202,102 at the 90th percentile, indicating a diverse market for actuarial professionals. This local estimate is derived from 2025 BLS data, adjusted for regional cost factors. With a solid job market supporting 24 actuaries in the area, it’s clear that Richardson offers ample opportunities for skilled professionals entering the field and pursuing their respective credentials.
About the Richardson Market
Salary estimated from Texas average ($128,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $75,625 | $36.36 |
| Lower Range (P25) | $100,631 | $48.38 |
| Median (P50)(typical) | $130,388 | $62.68 |
| Upper Range (P75) | $166,897 | $80.24 |
| Top Earners (P90) | $202,102 | $97.16 |
Median Salary Position
2.81% below the national average
2026 Salary Percentile Distribution in Richardson
In Richardson, TX, the actuary salary spread from the 10th to 90th percentile is $126,477 (2026 est.). At $130,388, the local median is 2.81% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Richardson: You'd be in the lower-middle range
How Richardson Actuary Pay Compares
Richardson median: $130,388/year (2026)
| Compared To | Median Salary | Richardson Pays |
|---|---|---|
| Texas Average | $128,842 | +1.20% more |
| National Average | $134,160 | -2.81% less |
Actuarys in Richardson, TX earn a median of $130,388 per year (2026 est.), which is 2.81% lower than the national median of $134,160 and 1.20% above the Texas state average of $128,842.
Cost-of-Living Adjusted Salary
Richardson 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.
Richardson, TX has a cost-of-living index of 96 (below the national average of 100). A actuary earning $130,388 nominally has purchasing power equivalent to $135,821 in an average-cost city — an effective 4.17% boost.
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2019 BLS Actual
$105,304
2025 BLS Actual
$126,345
2026 Current Est.
$130,388
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Richardson (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $105,304 | Actual |
| 2020 | $107,908 | Actual |
| 2021 | $102,923 | Actual |
| 2022 | $110,785 | Actual |
| 2023 | $116,626 | Actual |
| 2024 | $124,402 | Actual |
| 2025 | $126,345 | Actual |
| 2026(current) | $130,388 | Estimated |
| 2027 | $134,560 | Projected |
Based on 7 years of BLS OEWS data for the Richardson metropolitan area, the median actuary salary grew 20.0% from $105,304 (2019) to $126,345 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $134,560 by 2027 — a total increase of $29,256 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Richardson 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) | $75,625 – $100,631 |
| 3-5 years (Mid Career) | $100,631 – $130,388 |
| 5+ years (Experienced) | $130,388 – $166,897 |
| 10+ years (Top Earner) | $166,897 – $202,102 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Richardson
The job market for actuaries in Richardson is bolstered by a cost of living index of 96, which suggests that while salaries may be slightly below the national average, purchasing power remains robust. Major employers, including life and health insurance companies such as UnitedHealth and Prudential, often pay more than their counterparts in other sectors, creating upward pressure on salaries. The variation in pay often correlates with credential progression — passing exams can yield significant pay increases, with each step adding between $3,000 and $8,000 to base salaries. For actuaries aiming to maximize their earnings, focusing on passing exams and acquiring advanced competencies like predictive analytics will be essential in this evolving market.
More salary data for Richardson, TX:
Frequently Asked Questions
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Related Pages
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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 $126,345 for actuariesin the Richardson 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 Richardson 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