Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $62,000 | $72,000 | $86,000 | $34.62/hr |
| Mid-Level (3–5 yrs) | $90,000 | $109,000 | $128,000 | $52.4/hr |
| Senior (6+ yrs) | $133,000 | $160,000 | $190,000 | $76.92/hr |
What Your Salary Is Really Worth in Phoenix
A mid-level actuary earning $109,000 in Phoenix has the same buying power as $109,000 in an average US city, after adjusting for the local cost of living (COL index 100).
Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.
About Actuary Salaries in Phoenix
The median actuary salary in Phoenix, AZ is $109,000 for mid-level professionals, which is 3% below the national median. With a cost of living index of 100 (national average = 100), Phoenix offers an affordable cost of living, making these salaries stretch further.
Entry-level actuarys in Phoenix can expect to earn between $62,000 and $86,000 (about $34.62/hour), while senior professionals with 6+ years of experience earn up to $190,000 ($190K annually, or about $91.35/hour).
These figures represent base salary only and do not include bonuses, equity, or benefits, which can add 20–50% to total compensation — especially at technology companies and in competitive markets like Phoenix.
Frequently Asked Questions: Actuary Salary in Phoenix
What is the average Actuary salary in Phoenix?+
The average Actuary salary in Phoenix is $109,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $72,000 and senior-level pay reaches $160,000.
How much does an entry-level actuary make in Phoenix?+
Entry-level actuarys in Phoenix earn between $62,000 and $86,000, with a median of $72,000 per year (about $34.62/hour).
What is the hourly rate for a Actuary in Phoenix?+
Based on a 2,080-hour work year, a Actuary in Phoenix earns roughly $34.62/hour at entry-level, $52.4/hour at mid-level, and $76.92/hour at senior-level.
Is the Actuary salary in Phoenix higher than the US average?+
Actuary salaries in Phoenix are about 3% below the US national median. The lower cost of living often makes take-home buying power competitive.
Does this include bonuses or equity?+
No — these figures are base salary only. Total compensation (base + bonus + equity + benefits) is typically 20–50% higher, and can be 2–3x at top technology and finance employers.
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