Actuary Salary in Harrisonburg, VA: $136,438 (2026)
Quick Answer:A full-time actuary in Harrisonburg, VA earns a median $136,438/year (≈ $65.59/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Harrisonburg's price level (3% above national, BEA RPP 103.2), that paycheck buys what $132,207 would nationally. Nominal pay sits 1.5% below the Virginia state average.
Based on BLS state-level estimates · View source
In 2026, actuaries in Harrisonburg, Virginia are projected to earn a median annual salary of $136,438, slightly above the national median of $134,160, highlighting a competitive local market for this profession. The salary range spans from $87,411 at the 10th percentile to $211,478 at the 90th percentile, reflecting the variability in pay influenced by experience, examination progress, and the employing organization. Data sourced from state-level BLS estimates and regional price levels illustrates the positive economic environment in Harrisonburg, where actuaries can thrive, particularly those working in consulting firms like Milliman or Mercer, where compensation tends to be more favorable compared to life or health insurance positions.
About the Harrisonburg Market
Salary estimated from Virginia average ($128,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $87,411 | $42.02 |
| Lower Range (P25) | $105,208 | $50.58 |
| Median (P50)(typical) | $136,438 | $65.59 |
| Upper Range (P75) | $174,640 | $83.96 |
| Top Earners (P90) | $211,478 | $101.67 |
Median Salary Position
1.70% above the national average
2026 Salary Percentile Distribution in Harrisonburg
In Harrisonburg, VA, the actuary salary spread from the 10th to 90th percentile is $124,067 (2026 est.). At $136,438, the local median is 1.7% above the national median of $134,160.
Salary Calculator
At 40 hours/week in Harrisonburg: You'd be in the lower-middle range
How Harrisonburg Actuary Pay Compares
Harrisonburg median: $136,438/year (2026)
| Compared To | Median Salary | Harrisonburg Pays |
|---|---|---|
| Virginia Average | $138,515 | -1.50% less |
| National Average | $134,160 | +1.70% more |
Actuarys in Harrisonburg, VA earn a median of $136,438 per year (2026 est.), which is 1.70% higher than the national median of $134,160 and 1.50% below the Virginia state average of $138,515.
Cost-of-Living Adjusted Salary
Harrisonburg has a cost of living 3.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Harrisonburg, VA has a cost-of-living index of 103.2 (above the national average of 100). While the nominal salary of $136,438 is competitive, the higher cost of living reduces purchasing power to an effective $132,207 — a 3.1% reduction.
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2019 BLS Actual
$110,189
2025 BLS Actual
$132,207
2026 Current Est.
$136,438
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Harrisonburg (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $110,189 | Actual |
| 2020 | $112,915 | Actual |
| 2021 | $107,698 | Actual |
| 2022 | $115,925 | Actual |
| 2023 | $122,037 | Actual |
| 2024 | $130,173 | Actual |
| 2025 | $132,207 | Actual |
| 2026(current) | $136,438 | Estimated |
| 2027 | $140,804 | Projected |
Based on 7 years of BLS OEWS data for the Harrisonburg metropolitan area, the median actuary salary grew 20.0% from $110,189 (2019) to $132,207 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $140,804 by 2027 — a total increase of $30,615 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Harrisonburg 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) | $87,411 – $105,208 |
| 3-5 years (Mid Career) | $105,208 – $136,438 |
| 5+ years (Experienced) | $136,438 – $174,640 |
| 10+ years (Top Earner) | $174,640 – $211,478 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Harrisonburg
A closer look at the local job market reveals that there are currently 11 actuaries employed in Harrisonburg. With a cost of living index at 103.2, the area is slightly above the national average, which can influence purchasing power for residents. Within this region, employers such as Prudential and UnitedHealth are some of the leading payers while property and casualty insurers and consulting firms often offer enticing incentives, including signing bonuses for credential completion. The disparity in salaries is driven primarily by the level of certification; actuaries who have attained the Fellow status, particularly in actuarial consulting versus insurance sectors, see significant increases in salary. To maximize earnings in this market, aspiring actuaries should focus on exam progression as each passed exam can lead to pay increases of $3,000 to $8,000, alongside developing skills in predictive analytics and data science to stay competitive.
More salary data for Harrisonburg, 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 $132,207 for actuariesin the Harrisonburg 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 Harrisonburg 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