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Actuary Salary in Birmingham, AL — 2026

Actuary salary data for Birmingham, AL — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

The median Actuary salary in Birmingham, AL is $103,960 per year ($8,663/month, $50/hr). This reflects the local cost of living index of 92, which is 8% below the national average.

Entry Level
$63K
$31/hr
Median
$104K
$50/hr
Senior
$141K
$68/hr
Top Earner
$187K
$90/hr

Actuary Take-Home Pay in Birmingham

Tax Breakdown (Median Salary)

Gross Annual$103,960
Federal Tax-$14,485
State Tax (4.0%)-$4,158
Local Tax (1.0%)-$1,040
FICA (SS + Medicare)-$7,953
Annual Take-Home$76,324
Monthly Take-Home$6,360

Living Cost Comparison

Median Rent$1,050/mo
Rent-to-Income Ratio12.1%
Median Home Price$175,000
Cost of Living Index92
City Median Salary$52,800
Actuary vs City Median+$51,160

Actuary Requirements

Education
Bachelor's Degree
Experience
2-5 years
Job Growth
21.0% (2024-2034)

Key Skills

Statistical ModelingRisk AssessmentRSASProbability Theory

Birmingham Job Market Overview

Birmingham, Alabama has a population of 197,575 and an unemployment rate of 3.8%. The top industries are Healthcare, Finance, Manufacturing. The local job growth rate is 1.5%, and the average commute time is 25 minutes.

Frequently Asked Questions

What is the average Actuary salary in Birmingham, AL?
The median Actuary salary in Birmingham, AL is $103,960 per year as of 2026. This is adjusted for the local cost of living index of 92. Entry-level Actuarys earn around $63,480, while senior-level professionals can earn $140,760 or more.
How much does a Actuary take home in Birmingham after taxes?
A Actuary earning the median salary of $103,960 in Birmingham, AL takes home approximately $76,324 per year ($6,360/month) after federal, state, and local taxes. The effective tax rate is 26.6%.
Is Birmingham a good city for Actuarys?
Birmingham, AL has a cost of living index of 92 (below national average). Actuarys here earn above the city median. The local unemployment rate is 3.8% and top industries include Healthcare, Finance, Manufacturing.
What skills are needed for a Actuary in Birmingham?
Key skills for Actuarys include Statistical Modeling, Risk Assessment, R, SAS, Probability Theory. Typical education requirement is Bachelor's Degree. Valuable certifications include ASA, FSA, CERA.
How does Actuary salary in Birmingham compare to the national average?
The national median Actuary salary is $113,000. In Birmingham, the adjusted salary is $103,960, which is 8.0% lower than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Actuary salary in Birmingham, AL?

The median Actuary salary in Birmingham, AL is $103,960 per year as of 2026. This is adjusted for the local cost of living index of 92. Entry-level Actuarys earn around $63,480, while senior-level professionals can earn $140,760 or more.

How much does a Actuary take home in Birmingham after taxes?

A Actuary earning the median salary of $103,960 in Birmingham, AL takes home approximately $76,324 per year ($6,360/month) after federal, state, and local taxes. The effective tax rate is 26.6%.

Is Birmingham a good city for Actuarys?

Birmingham, AL has a cost of living index of 92 (below national average). Actuarys here earn above the city median. The local unemployment rate is 3.8% and top industries include Healthcare, Finance, Manufacturing.

What skills are needed for a Actuary in Birmingham?

Key skills for Actuarys include Statistical Modeling, Risk Assessment, R, SAS, Probability Theory. Typical education requirement is Bachelor's Degree. Valuable certifications include ASA, FSA, CERA.

How does Actuary salary in Birmingham compare to the national average?

The national median Actuary salary is $113,000. In Birmingham, the adjusted salary is $103,960, which is 8.0% lower than the national average, reflecting the local cost of living.