Actuary Salary in Spanish Fork, UT: $130,313 (2026)
Quick Answer:A full-time actuary in Spanish Fork, UT earns a median $130,313/year (≈ $62.65/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Spanish Fork's price level (2% below national, BEA RPP 98.1), that paycheck buys what $132,837 would nationally. Nominal pay sits 1.0% below the Utah state average.
Based on BLS state-level estimates · View source
El salario medio para un actuario en Spanish Fork, Utah, se proyecta en $130,313 para 2026, lo que refleja una ligera disminución en comparación con el promedio nacional de $134,160. Este mercado laboral presenta un rango salarial que va desde los $80,774 para el décimo percentil hasta los $201,985 para el nonagésimo percentil, indicando una variabilidad significativa en la compensación. Los datos provienen de estimaciones basadas en la información de BLS, ajustadas por el costo de vida regional. En este contexto, los actuarios en Spanish Fork que se especializan en consultoría tienden a recibir compensaciones más altas en comparación con sus colegas en el sector de seguros, generando un claro gradiente de pago que influye en las decisiones de carrera dentro de esta área.
About the Spanish Fork Market
Salary estimated from Utah average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $80,774 | $38.83 |
| Lower Range (P25) | $103,159 | $49.60 |
| Median (P50)(typical) | $130,313 | $62.65 |
| Upper Range (P75) | $166,596 | $80.09 |
| Top Earners (P90) | $201,985 | $97.11 |
Median Salary Position
2.87% below the national average
2026 Salary Percentile Distribution in Spanish Fork
In Spanish Fork, UT, the actuary salary spread from the 10th to 90th percentile is $121,211 (2026 est.). At $130,313, the local median is 2.87% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Spanish Fork: You'd be in the lower-middle range
How Spanish Fork Actuary Pay Compares
Spanish Fork median: $130,313/year (2026)
| Compared To | Median Salary | Spanish Fork Pays |
|---|---|---|
| Utah Average | $131,629 | -1.00% less |
| National Average | $134,160 | -2.87% less |
Actuarys in Spanish Fork, UT earn a median of $130,313 per year (2026 est.), which is 2.87% lower than the national median of $134,160 and 1.00% below the Utah state average of $131,629.
Cost-of-Living Adjusted Salary
Spanish Fork has a cost of living 1.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Spanish Fork, UT has a cost-of-living index of 98.1 (below the national average of 100). A actuary earning $130,313 nominally has purchasing power equivalent to $132,837 in an average-cost city — an effective 1.94% boost.
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2019 BLS Actual
$105,243
2025 BLS Actual
$126,272
2026 Current Est.
$130,313
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Spanish Fork (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $105,243 | Actual |
| 2020 | $107,846 | Actual |
| 2021 | $102,863 | Actual |
| 2022 | $110,721 | Actual |
| 2023 | $116,559 | Actual |
| 2024 | $111,702 | Actual |
| 2025 | $126,272 | Actual |
| 2026(current) | $130,313 | Estimated |
| 2027 | $134,483 | Projected |
Based on 7 years of BLS OEWS data for the Spanish Fork metropolitan area, the median actuary salary grew 20.0% from $105,243 (2019) to $126,272 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $134,483 by 2027 — a total increase of $29,240 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Spanish Fork 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) | $80,774 – $103,159 |
| 3-5 years (Mid Career) | $103,159 – $130,313 |
| 5+ years (Experienced) | $130,313 – $166,596 |
| 10+ years (Top Earner) | $166,596 – $201,985 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Spanish Fork
El mercado laboral en Spanish Fork destaca, con solo 9 actuarios empleados localmente, lo que indica una competencia relativamente baja. El índice de costo de vida en la región es de 98.1, lo que sugiere que los salarios, aunque algo por debajo del promedio nacional, ofrecen un poder adquisitivo razonable, permitiendo que los profesionales aprovechen su salario de manera efectiva. Los empleadores que más pagan en la ciudad incluyen compañías de seguros de vida como Prudential y MetLife, mientras que las firmas de consultoría como Milliman y Mercer son también grandes competidores salariales, especialmente para aquellos que han alcanzado la certificación FSA. La diferencia en la compensación puede atribuirse al progreso en la obtención de certificados; cada examen aprobado puede agregar entre $3,000 y $8,000 al salario base. Los actuarios interesados en maximizar su salario en Spanish Fork deben concentrarse en seguir su camino de certificación, especializándose en áreas como la reaseguro, que tienden a ofrecer mayores recompensas monetarias.
More salary data for Spanish Fork, UT:
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 $126,272 for actuariesin the Spanish Fork 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 Spanish Fork 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