Actuary Salary in Burke, VA: $136,722 (2026)
Quick Answer:A full-time actuary in Burke, VA earns a median $136,722/year (≈ $65.73/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Burke's price level (3% above national, BEA RPP 103.2), that paycheck buys what $132,483 would nationally. Nominal pay sits 1.2% below the Virginia state average.
Based on BLS state-level estimates · View source
With a median annual salary of $136,722 projected for 2026, actuaries in Burke, Virginia, benefit from a compensation landscape that outpaces the national median of $134,160 by 1.91%. Local figures reveal a salary range between $84,133 at the 10th percentile and $211,920 at the 90th percentile, indicating significant earnings potential for those who ascend the ranks. These estimates, based on 2025 BLS data and adjusted for regional price parity, reflect the increasing demand for actuarial professionals in a growing local economy. Strong job prospects are tempered by the region's cost of living index of 103.2, suggesting that while actuary pay in Burke remains competitive, financial planning is essential for covering everyday expenses.
About the Burke Market
Salary estimated from Virginia average ($128,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $84,133 | $40.44 |
| Lower Range (P25) | $102,489 | $49.28 |
| Median (P50)(typical) | $136,722 | $65.73 |
| Upper Range (P75) | $175,004 | $84.14 |
| Top Earners (P90) | $211,920 | $101.89 |
Median Salary Position
1.91% above the national average
2026 Salary Percentile Distribution in Burke
In Burke, VA, the actuary salary spread from the 10th to 90th percentile is $127,787 (2026 est.). At $136,722, the local median is 1.91% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Burke: You'd be in the lower-middle range
How Burke Actuary Pay Compares
Burke median: $136,722/year (2026)
| Compared To | Median Salary | Burke Pays |
|---|---|---|
| Virginia Average | $138,383 | -1.20% less |
| National Average | $134,160 | +1.91% more |
Actuarys in Burke, VA earn a median of $136,722 per year (2026 est.), which is 1.91% higher than the national median of $134,160 and 1.20% below the Virginia state average of $138,383.
Cost-of-Living Adjusted Salary
Burke has a cost of living 3.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Burke, VA has a cost-of-living index of 103.2 (above the national average of 100). While the nominal salary of $136,722 is competitive, the higher cost of living reduces purchasing power to an effective $132,483 — a 3.1% reduction.
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2019 BLS Actual
$110,419
2025 BLS Actual
$132,483
2026 Current Est.
$136,722
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Burke (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $110,419 | Actual |
| 2020 | $113,151 | Actual |
| 2021 | $107,923 | Actual |
| 2022 | $116,167 | Actual |
| 2023 | $122,292 | Actual |
| 2024 | $130,445 | Actual |
| 2025 | $132,483 | Actual |
| 2026(current) | $136,722 | Estimated |
| 2027 | $141,098 | Projected |
Based on 7 years of BLS OEWS data for the Burke metropolitan area, the median actuary salary grew 20.0% from $110,419 (2019) to $132,483 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $141,098 by 2027 — a total increase of $30,679 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Burke 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) | $84,133 – $102,489 |
| 3-5 years (Mid Career) | $102,489 – $136,722 |
| 5+ years (Experienced) | $136,722 – $175,004 |
| 10+ years (Top Earner) | $175,004 – $211,920 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Burke
Currently, there are 10 actuaries employed in Burke, allowing for an intimate job market that encourages networking and professional rapport among colleagues. Employers within the life and health insurance sectors, such as Prudential and UnitedHealth, generally offer the most lucrative positions, yet property and casualty insurers like State Farm remain competitive. Factors driving the broad salary spectrum include the rigorous exam progression that rewards each passed exam with a pay increase, as well as the disparity in compensation between credential levels—advancing from ASA to FSA can lead to significantly higher pay. Moreover, firms often provide enhanced salary packages for those with specialized skills, particularly in predictive analytics. For actuarial professionals in Burke, understanding these dynamics is crucial for maximizing compensation, whether through seeking additional certifications or targeting specific employers known for higher pay scales.
More salary data for Burke, VA:
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 $132,483 for actuariesin the Burke 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 Burke 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