Actuaries pay range in Richmond
New workers and the lowest-paid 10% earn about $93,740 a year or less, while the top 10% make $212,740 or more. The middle half of actuaries in Richmond earn between $100,390 and $164,780.
- $94K10th
- $100K25th
- $132KMedian
- $165K75th
- $213K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $144,150 | $12,012 | $69.30 |
| Median | $131,900 | $10,992 | $63.41 |
| Entry level (25th percentile) | $100,390 | $8,366 | $48.26 |
| Experienced (75th percentile) | $164,780 | $13,732 | $79.22 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Actuaries pay in Richmond vs. Virginia and the U.S.
Actuaries in Richmond earn about the same as the Virginia average ($140,780) and about the same as the U.S. average ($141,480). At the median the gap is +1% against the U.S. median of $130,000.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Richmond | $144,150 | $131,900 | $93,740 | $212,740 | 120 |
| Virginia | $140,780 | $131,900 | $82,120 | $212,740 | 440 |
| United States | $141,480 | $130,000 | $78,570 | $215,100 | 26,670 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Actuaries salary after taxes in Richmond
On the average salary of $144,150, a single filer in Richmond takes home about $102,318 a year, or $8,526 a month and $3,935 every two weeks. Taxes take 29% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
Is Richmond a good place for actuaries? Pay vs. cost of living
Prices in the Richmond area are 2% below the U.S. average (BEA price parity 97.9), so the average $144,150 buys what about $147,305 would buy in a typical U.S. metro. This job pays 2.6 times the median wage of all jobs in Richmond ($51,460). A typical home costs $397,705, or 2.8 years of this average salary before tax.
Actuaries salary in other Virginia cities
Richmond ranks 1st of 2 Virginia metro areas for this job, the best-paid in the state.
- Richmond$144,150
- Virginia Beach$118,550
Highest-paying cities for actuaries
Bridgeport, CT pays this job the most of the metro areas we cover ($176,120).
- Bridgeport, CT$176,120
- San Francisco, CA$168,260
- New York, NY$166,660
- Hartford, CT$163,460
- New Haven, CT$159,070
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Actuaries salary in Richmond: questions
How much do actuaries make an hour in Richmond?
$69.30 an hour on average, and $63.42 at the median (BLS, May 2025).
What is the entry-level actuaries salary in Richmond?
The lowest-paid 10% earn about $93,740 a year and the 25th percentile is $100,390, a fair guide to starting pay.
What is the actuaries take-home pay in Richmond?
About $102,318 a year ($8,526 a month) for a single filer on the average salary of $144,150.
Do actuaries earn more in Richmond than elsewhere?
The average here is about the same as the U.S. average for this job ($141,480).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 15-2011; area Richmond, VA (40060). Relative standard error of the mean wage: 2.5%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
- Job concentration: location quotient 1.03, this job is about as common as in the U.S. overall.
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