Actuary Salary in Wichita Falls, TX: $132,064 (2026)
Quick Answer:A full-time actuary in Wichita Falls, TX earns a median $132,064/year (≈ $63.49/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Wichita Falls's price level (4% below national, BEA RPP 96.0), that paycheck buys what $137,567 would nationally. Nominal pay sits 2.5% above the Texas state average.
Based on BLS state-level estimates · View source
In Wichita Falls, Texas, actuaries can expect a median annual salary of $132,064 in 2026, showcasing a competitive landscape relative to the national median of $134,160. The projected salary range for actuaries in this area varies significantly, spanning from $76,702 at the 10th percentile to $204,699 at the 90th percentile. Local estimates, based on 2025 BLS data and regional cost adjustments, indicate that actuaries working for consulting firms such as Milliman, Mercer, and WTW tend to earn at the higher end of this spectrum compared to their counterparts in insurance companies. The vibrant job market, characterized by the dynamics of consulting versus insurer compensation models, presents unique opportunities for professionals in Wichita Falls.
About the Wichita Falls Market
Salary estimated from Texas average ($128,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $76,702 | $36.87 |
| Lower Range (P25) | $101,084 | $48.60 |
| Median (P50)(typical) | $132,064 | $63.49 |
| Upper Range (P75) | $169,042 | $81.27 |
| Top Earners (P90) | $204,699 | $98.41 |
Median Salary Position
1.56% below the national average
2026 Salary Percentile Distribution in Wichita Falls
In Wichita Falls, TX, the actuary salary spread from the 10th to 90th percentile is $127,997 (2026 est.). At $132,064, the local median is 1.56% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Wichita Falls: You'd be in the lower-middle range
How Wichita Falls Actuary Pay Compares
Wichita Falls median: $132,064/year (2026)
| Compared To | Median Salary | Wichita Falls Pays |
|---|---|---|
| Texas Average | $128,843 | +2.50% more |
| National Average | $134,160 | -1.56% less |
Actuarys in Wichita Falls, TX earn a median of $132,064 per year (2026 est.), which is 1.56% lower than the national median of $134,160 and 2.50% above the Texas state average of $128,843.
Cost-of-Living Adjusted Salary
Wichita Falls 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.
Wichita Falls, TX has a cost-of-living index of 96 (below the national average of 100). A actuary earning $132,064 nominally has purchasing power equivalent to $137,567 in an average-cost city — an effective 4.17% boost.
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2019 BLS Actual
$106,657
2025 BLS Actual
$127,969
2026 Current Est.
$132,064
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Wichita Falls (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $106,657 | Actual |
| 2020 | $109,295 | Actual |
| 2021 | $104,246 | Actual |
| 2022 | $112,209 | Actual |
| 2023 | $118,125 | Actual |
| 2024 | $126,000 | Actual |
| 2025 | $127,969 | Actual |
| 2026(current) | $132,064 | Estimated |
| 2027 | $136,290 | Projected |
Based on 7 years of BLS OEWS data for the Wichita Falls metropolitan area, the median actuary salary grew 20.0% from $106,657 (2019) to $127,969 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $136,290 by 2027 — a total increase of $29,633 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Wichita Falls 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) | $76,702 – $101,084 |
| 3-5 years (Mid Career) | $101,084 – $132,064 |
| 5+ years (Experienced) | $132,064 – $169,042 |
| 10+ years (Top Earner) | $169,042 – $204,699 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Wichita Falls
With approximately 20 actuaries actively employed within the area, the job market reflects a localized demand for skilled professionals amidst a cost-of-living index of 96, slightly below the national average. This relatively favorable living cost enhances the purchasing power of actuary salaries, allowing for a more comfortable lifestyle. Employers such as Prudential, UnitedHealth, State Farm, and notable consulting firms often offer premium salaries and attractive benefits. The spread between earnings is largely influenced by credentials—advancing through exams can lead to an increase in salary by $3,000 to $8,000 per passed exam. To maximize earning potential in the Wichita Falls market, actuaries should focus on gaining advanced credentials and enhancing their skills in data analytics, which are increasingly valuable across industries.
More salary data for Wichita Falls, 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 $127,969 for actuariesin the Wichita Falls 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 Wichita Falls 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