Actuary Salary in Utah: $131,423 (2026)
Quick Answer:Across Utah's 41 metropolitan areas, the average median actuary pay sits at $131,423/year heading into 2026 — a figure projected from 2025 BLS OEWS wage data for SOC 15-2011. Because Utah sits at BEA RPP 98.1 (2% below the U.S. baseline), that statewide median translates to roughly $133,968 in nationally-comparable purchasing power. Highest-paying metros: Murray ($133,277), Salt Lake City ($132,720), West Jordan ($129,573).
In 2026, the average median salary for actuaries in Utah is projected to be $131,423, which is slightly below the national median of $134,160, reflecting a 2.0% gap. Within the state, salaries vary significantly by city, with Murray offering the highest average at $137,542, while Clinton presents the lowest at $121,701. This $15,841 difference may stem from local demand for actuarial services, cost of living variations, and the presence of larger insurance firms in certain areas. Utah has specific licensing requirements for actuaries, which include passing the necessary examinations and meeting continuing education standards to maintain licensure. The state's scope of practice laws are aligned with national standards, ensuring rigorous professional accountability. The job market for actuaries in Utah shows a positive outlook, with an annual growth rate of 3.20% projected, suggesting continued demand for professionals in the field. Salt Lake City, West Jordan, West Valley City, and Sandy follow Murray closely in salary rankings, with averages ranging from $133,239 to $136,967, reflecting a concentration of employment opportunities in metropolitan areas. With 565 actuaries employed across the state, these figures illustrate a healthy job market for aspiring actuaries in Utah.
Utah Actuary Salary Range
Overall salary range in Utah: $74,497 (lowest entry-level) to $213,190 (highest top earner)
Utah vs National Average
Utah actuaries earn 2.04% less than the national median ($-2,737/year difference).
Utah Actuary Salary Distribution (2026)
Actuary salaries in Utah range from $80,848 (entry-level, 10th percentile) to $194,188 (top earners, 90th percentile), with a median of $131,423. The Utah median is $2,737 below the US national median of $134,160. The average hourly rate is $63.19/hr. Approximately 565 actuarys are employed across 41 cities.
2019 BLS Actual
$74,400
2025 BLS Actual
$127,348
2026 Current Est.
$131,423
2019–2027 Growth
+82.3%
Salary Trajectory for Actuaries in Utah (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $74,400 | Actual |
| 2020 | $63,610 | Actual |
| 2021 | $79,220 | Actual |
| 2022 | $96,030 | Actual |
| 2023 | $103,440 | Actual |
| 2024 | $122,448 | Actual |
| 2025 | $127,348 | Actual |
| 2026(current) | $131,423 | Estimated |
| 2027 | $135,629 | Projected |
Based on 7 years of BLS OEWS data for the Utah metropolitan area, the median actuary salary grew 71.2% from $74,400 (2019) to $127,348 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $135,629 by 2027 — a total increase of $61,229 (82.30%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Utah 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.
Top 5 Highest Paying Cities in Utah
Lowest Paying Cities in Utah
| City | Median Salary |
|---|---|
| Clinton | $121,701 |
| North Ogden | $122,304 |
| Park City | $122,650 |
| Payson | $123,601 |
| Highland | $123,858 |
Best Value Cities for Actuaries in Utah
When adjusted for local cost of living, these Utah cities offer the most purchasing power for actuaries.
| City | Nominal Salary | CoL Index | Adjusted Salary |
|---|---|---|---|
| Murray | $137,542 | 98.1 | $140,206 |
| West Jordan | $133,719 | 98.1 | $136,309 |
| West Valley City | $133,507 | 98.1 | $136,093 |
| Sandy | $133,239 | 98.1 | $135,820 |
| Salt Lake City | $136,967 | 100.868 | $135,788 |
Adjusted salary = nominal salary × (100 / CoL index). CoL index: 100 = national average. Lower index = lower cost of living.
Salary by Experience Level in Utah
| Experience Level | Estimated Annual |
|---|---|
| Entry Level (0-2 years) | $80,848 |
| Mid Career (3-7 years) | $131,423 |
| Experienced (7+ years) | $194,188 |
Estimates based on BLS percentile data averaged across Utah metro areas. Individual pay varies by employer, certifications, and specialization.
All 41 Cities in Utah
| # | City | Median Salary |
|---|---|---|
| 1 | Murray | $137,542 |
| 2 | Salt Lake City | $136,967 |
| 3 | West Jordan | $133,719 |
| 4 | West Valley City | $133,507 |
| 5 | Sandy | $133,239 |
| 6 | Ogden | $132,749 |
| 7 | South Jordan | $132,479 |
| 8 | Draper | $131,269 |
| 9 | Provo | $131,061 |
| 10 | Layton | $130,842 |
| 11 | Holladay | $130,333 |
| 12 | Spanish Fork | $130,313 |
| 13 | American Fork | $130,037 |
| 14 | Saratoga Springs | $129,894 |
| 15 | Cedar City | $129,853 |
| 16 | Cottonwood Heights | $129,414 |
| 17 | Midvale | $129,414 |
| 18 | Roy | $129,363 |
| 19 | Tooele | $129,271 |
| 20 | Herriman | $129,226 |
| 21 | Orem | $128,925 |
| 22 | St. George | $128,590 |
| 23 | Taylorsville | $128,278 |
| 24 | Kaysville | $128,087 |
| 25 | Syracuse | $127,893 |
| 26 | Washington | $127,851 |
| 27 | Lehi | $127,705 |
| 28 | Logan | $127,543 |
| 29 | Millcreek | $127,131 |
| 30 | Bountiful | $126,310 |
| 31 | Clearfield | $125,717 |
| 32 | Pleasant Grove | $125,636 |
| 33 | Springville | $124,860 |
| 34 | Eagle Mountain | $124,808 |
| 35 | Riverton | $124,675 |
| 36 | Vineyard | $124,472 |
| 37 | Highland | $123,858 |
| 38 | Payson | $123,601 |
| 39 | Park City | $122,650 |
| 40 | North Ogden | $122,304 |
| 41 | Clinton | $121,701 |
More Utah Salary Data
Senior / Experienced
Top earner salaries for experienced actuaries.
Explore More Actuary Salary Data
Frequently Asked Questions
How much do actuaries make in Utah in 2026?
What is the highest paying city for actuaries in Utah?
How does Utah actuary pay compare to the national average?
What is the entry-level actuary salary in Utah?
How many actuaries are employed in Utah?
Which Utah city offers the best value for actuaries?
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
Statewide 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. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to each metro area's reported salary to estimate current 2026 actuary compensation across Utah. State averages are employment-weighted across 41 metro areas — larger metro areas with more actuariescontribute proportionally more to the average, producing figures that better reflect typical compensation. Individual pay varies by city, employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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