Actuary Salary in Fredericksburg, VA: $134,788 (2026)
Quick Answer:A full-time actuary in Fredericksburg, VA earns a median $134,788/year (≈ $64.80/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Fredericksburg's price level (3% above national, BEA RPP 103.2), that paycheck buys what $130,609 would nationally. Nominal pay sits 2.6% below the Virginia state average.
Based on BLS state-level estimates · View source
In Fredericksburg, Virginia, actuaries can expect a median annual salary of $134,788 in 2026, which is slightly above the national median of $134,160. The compensation range for actuaries in this area spans from $79,742 at the 10th percentile to $208,922 at the 90th percentile, highlighting a significant disparity that reflects different levels of experience, specialization, and market demand. These figures are derived from estimates based on 2025 BLS data and regional price adjustments, illustrating that the local market offers competitive salaries in various actuarial domains, particularly in the life and health sectors of the Society of Actuaries (SOA) versus the property and casualty (P&C) lines emphasized by the Casualty Actuarial Society (CAS).
About the Fredericksburg Market
Salary estimated from Virginia average ($128,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $79,742 | $38.34 |
| Lower Range (P25) | $106,885 | $51.38 |
| Median (P50)(typical) | $134,788 | $64.80 |
| Upper Range (P75) | $172,530 | $82.95 |
| Top Earners (P90) | $208,922 | $100.44 |
Median Salary Position
0.47% above the national average
2026 Salary Percentile Distribution in Fredericksburg
In Fredericksburg, VA, the actuary salary spread from the 10th to 90th percentile is $129,180 (2026 est.). At $134,788, the local median is 0.47% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Fredericksburg: You'd be in the lower-middle range
How Fredericksburg Actuary Pay Compares
Fredericksburg median: $134,788/year (2026)
| Compared To | Median Salary | Fredericksburg Pays |
|---|---|---|
| Virginia Average | $138,387 | -2.60% less |
| National Average | $134,160 | +0.47% more |
Actuarys in Fredericksburg, VA earn a median of $134,788 per year (2026 est.), which is 0.47% higher than the national median of $134,160 and 2.60% below the Virginia state average of $138,387.
Cost-of-Living Adjusted Salary
Fredericksburg has a cost of living 3.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Fredericksburg, VA has a cost-of-living index of 103.2 (above the national average of 100). While the nominal salary of $134,788 is competitive, the higher cost of living reduces purchasing power to an effective $130,609 — a 3.1% reduction.
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2019 BLS Actual
$108,858
2025 BLS Actual
$130,609
2026 Current Est.
$134,788
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Fredericksburg (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $108,858 | Actual |
| 2020 | $111,550 | Actual |
| 2021 | $106,396 | Actual |
| 2022 | $114,524 | Actual |
| 2023 | $120,562 | Actual |
| 2024 | $128,600 | Actual |
| 2025 | $130,609 | Actual |
| 2026(current) | $134,788 | Estimated |
| 2027 | $139,102 | Projected |
Based on 7 years of BLS OEWS data for the Fredericksburg metropolitan area, the median actuary salary grew 20.0% from $108,858 (2019) to $130,609 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $139,102 by 2027 — a total increase of $30,244 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Fredericksburg 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) | $79,742 – $106,885 |
| 3-5 years (Mid Career) | $106,885 – $134,788 |
| 5+ years (Experienced) | $134,788 – $172,530 |
| 10+ years (Top Earner) | $172,530 – $208,922 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Fredericksburg
With only seven actuaries employed in Fredericksburg, the local job market remains relatively niche but potentially rewarding. The cost of living index, standing at 103.2, suggests that while salaries in Fredericksburg are competitive, they may not stretch as far as those in larger metropolitan areas. Employers in life and health insurance, such as Prudential and UnitedHealth, typically lead in compensation, while competitive pay in consulting firms like Mercer or Aon often rewards those with advanced credentials like FSA or FCAS. The variation in actuarial pay is influenced by several factors, including exam progression; actuaries who pass credentials can expect incremental increases in salary. To maximize earnings in Fredericksburg's market, aspiring actuaries should focus on obtaining advanced qualifications and seeking roles in higher-paying industries like P&C or consulting, as these typically offer more lucrative opportunities for professionals looking to boost their actuarial pay.
More salary data for Fredericksburg, 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 $130,609 for actuariesin the Fredericksburg 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 Fredericksburg 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