Actuaries in Texas
Is Texas a good place for you to work as an Actuary?
You’re in luck! Jobs for Actuaries in Texas are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Actuaries in Texas is growing faster than average.
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Actuaries in Texas earn higher salaries than the typical U.S. wage earner.
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How Many Actuaries Work in Texas?
In Texas, there were 1,000 people working as Actuaries in the year 2018.
There were 1,080 Actuaries employed in this state in 2017.
That’s a decline of 80 jobs between 2017 and 2018.
The typical state has 330 Actuaries working in it, which means Texas has more Actuaries than average.
Job Projections for Texas
Jobs for Actuaries in this state are growing at a rate of 31.7% which is faster than the nationwide estimated projection of 22.5%.
Texas Annual Job Openings
The BLS estimates 120 annual job openings, and a total of 1,580 jobs for Texas Actuaries in 2026.
Nationwide, the prediction is 2,100 annual jobs and 28,900 total jobs in 2026.
What do Actuaries Make in Texas?
In 2018 wages for Actuaries ranged from $58,570 to $165,770 with $93,670 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $28.16 to $79.7. The median hourly rate was $45.03.
In 2017 the median pay for this field was $45.72 an hour.
The hourly rate declined by $0.69.
The median salary in Texas is higher than the nationwide median salary.
Top Texas Metros for Actuaries
The table below shows some of the metros in this state with the most Actuaries.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Dallas-Fort Worth-Arlington, TX | 310 | $99,840 |
| Houston-The Woodlands-Sugar Land, TX | 310 | $89,150 |
| Austin-Round Rock, TX | 250 | $87,400 |
Top States for Actuaries Employment
View the list below to see where most Actuaries work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| New York | 2,320 | $131,510 |
| Illinois | 1,950 | $98,810 |
| Pennsylvania | 1,610 | $103,870 |
| Ohio | 1,560 | $94,000 |
| California | 1,410 | $114,290 |
| Massachusetts | 1,260 | $100,970 |
| Texas | 1,000 | $93,670 |
| Connecticut | 980 | $115,130 |
| Wisconsin | 690 | $97,180 |
| Florida | 600 | $100,450 |
| New Jersey | 540 | $101,280 |
| Iowa | 530 | $98,180 |
| Minnesota | 520 | $101,190 |
| Maryland | 470 | $92,820 |
| Nebraska | 390 | $87,890 |
| Missouri | 380 | $84,500 |
| Washington | 360 | $124,610 |
| Kansas | 330 | $101,120 |
| North Carolina | 230 | $110,510 |
| Indiana | 210 | $93,010 |
Below are the states where Actuaries get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $131,510 |
| District of Columbia | $126,060 |
| Washington | $124,610 |
| New Hampshire | $116,790 |
| Connecticut | $115,130 |
| Colorado | $114,660 |
| California | $114,290 |
| North Carolina | $110,510 |
| Mississippi | $109,140 |
| Maine | $107,180 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By QWFP under License
More about our data sources and methodologies.
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