Actuary Salary in Jackson, MS
How much does a actuary make in Jackson? Explore median, entry-level, and senior salaries adjusted for Jackson's cost of living.
Salary Breakdown by Experience Level
See how actuary salaries break down across different pay periods in Jackson.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $36,830 | $61,383 | $82,867 |
| Monthly | $3,069 | $5,115 | $6,906 |
| Biweekly | $1,417 | $2,361 | $3,187 |
| Weekly | $708 | $1,180 | $1,594 |
| Hourly | $18 | $30 | $40 |
Jackson vs National Average
How Jackson's actuary salaries compare to national figures.
Cost of Living in Jackson
About Actuary
Overview
Analyze insurance and financial risks using statistical and mathematical methods.
Education
Bachelor's degree in Actuarial Science, Mathematics, or related field
Key Skills
Growth Rate
Expected job growth: +18% over the next decade
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See Actuary salaries in other top cities.
Explore Related Data for Jackson & MS
Dig deeper into the numbers behind a actuary salary in Jackson — cost of living, take-home pay, affordability, taxes, and retirement projections all in one place.
Cost of living in Jackson
Full breakdown of expenses, rent, and local purchasing power.
Take-home pay on $60,000 in MS
Federal tax, state tax, Social Security, and Medicare breakdown.
What you can afford on $60,000 in MS
Home price, rent, and monthly spending guidelines for this income.
Tax brackets on $60,000 in MS
See exactly which brackets your income falls into.
Actuary salary across all of MS
State-level salary data beyond just Jackson.
$250,000 mortgage in MS
Monthly payment, property tax, and total interest for a typical home at this income.
Retirement at 30 earning $60,000
Projections, savings benchmarks, and how to stay on track.
Financial Tools to Explore
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Cost of Living Calculator
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Budget Calculator
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Rent vs Buy Calculator
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Actuary Salary in Jackson, MS — Complete Guide
Median Salary Overview
The median salary for a actuary in Jackson, MS is $61,383 per year, adjusted for the local cost of living index of 90. This figure reflects typical earnings for experienced professionals in this role, considering Jackson's unique economic conditions.
Salary Range and Experience Levels
Entry-level actuary professionals in Jackson can expect to earn around $36,830 annually. As professionals gain experience, salaries typically increase, with senior-level actuarys earning approximately $82,867 per year. This represents a 125% increase from entry to senior level.
Cost of Living Adjustment
Jackson's cost of living index of 90 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Jackson are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $87,440, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a actuary's salary in Jackson typically goes toward housing. With a 1-bedroom apartment averaging $1,100 per month, housing represents about 21.5% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Actuarys are in growing demand across the United States, with an expected job growth of 18% over the next decade. In Jackson, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.