Actuary salary in Richmond, VA
Actuaries in the Richmond, VA metro area earn a median of $131,900 a year ($63.42 an hour), based on BLS data for 120 workers.
Pay ranges from $93,740 for the lowest-paid 10% to $212,740 for the top 10%. That is 1% higher than the national median of $130,000. Pay here is about the same as the Virginia statewide median of $131,900. There are 0.18 actuaries per 1,000 jobs here — close to the national average. The average (mean) salary is $144,150, above the median because a few high earners pull it up.
Pay range for actuaries in Richmond, VA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $93,740 | $45.07 |
| 25th percentile | $100,390 | $48.27 |
| Median | $131,900 | $63.42 |
| 75th percentile | $164,780 | $79.22 |
| 90th percentile (top earners) | $212,740 | $102.28 |
| Average (mean) | $144,150 | $69.30 |
Half of actuaries earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $10,991.67 |
| Semi-monthly (24 a year) | $5,495.83 |
| Biweekly (26 a year) | $5,073.08 |
| Weekly | $2,536.54 |
| Hourly | $63.42 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Actuary salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $144,680 | 520 |
| Virginia Beach-Chesapeake-Norfolk, VA-NC | $101,490 | 40 |
Highest-paying states for actuaries
| State | Median salary |
|---|---|
| Connecticut | $166,800 |
| District of Columbia | $166,230 |
| New York | $156,480 |
| New Jersey | $142,800 |
| Alabama | $136,950 |
| Arizona | $135,870 |
| Washington | $134,720 |
| Utah | $132,720 |
| Nevada | $132,370 |
| Florida | $132,110 |
See Actuary pay in every state or the Virginia statewide figures.
Related jobs in Richmond, VA
| Job | Median salary | Hourly |
|---|---|---|
| Data Scientist | $122,510 | $58.90 |
| Operations Research Analyst | $109,650 | $52.72 |
| Statistician | $81,620 | $39.24 |
| Software Developer | $132,120 | $63.52 |
| Computer Systems Analyst | $105,190 | $50.57 |
| Computer User Support Specialist | $60,790 | $29.23 |
| Information Security Analyst | $126,230 | $60.69 |
| Network and Computer Systems Administrators | $99,750 | $47.96 |
| Computer Occupations, All Other | $111,070 | $53.40 |
| Computer Network Architect | $129,210 | $62.12 |
| Software Quality Assurance Analysts and Testers | $106,300 | $51.11 |
| Computer Network Support Specialist | $65,460 | $31.47 |
| Database Administrator | $99,690 | $47.93 |
| Database Architect | $133,770 | $64.31 |
More: Computer and Mathematical Occupations · all salaries in Richmond, VA
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 15-2011. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a actuary make in Richmond, VA?
The median salary for actuaries in the Richmond, VA metro area is $131,900 a year, or $63.42 an hour. Pay ranges from $93,740 for the lowest-paid 10% to $212,740 for the top 10%.
How much do the highest-paid actuaries make in Richmond, VA?
The top 10% of actuaries in the Richmond, VA metro area earn at least $212,740 a year. The top 25% earn $164,780 or more.
What is the starting pay for actuaries in Richmond, VA?
Entry-level pay (the 10th percentile) is about $93,740 a year, and a quarter of actuaries earn $100,390 or less.
How many actuaries work in Richmond, VA?
About 120 actuaries are employed in the Richmond, VA metro area, not counting the self-employed.