Actuary Salary in Austin, TX
Actuarys in Austin, TX earn a median of $123,000/year, ranging from $94,710 (25th percentile) to $196,800 (90th percentile). After Texas state taxes (0%) and cost-of-living adjustments (COL index 124), this is equivalent to $99,194 in purchasing power vs the US average.
On the ground in Austin, TX
Notable actuarial employers in this market include USAA's local hires, Charles Schwab's Texas operations, and a thin but growing roster of insurance startups picking the metro for tech and tax reasons. A one-bedroom in Mueller or East Austin runs around $1,700 to $2,100 monthly, with cheaper inventory toward Round Rock. Texas levies no state income tax, which is a real advantage on an actuary salary. Austin is car-dependent and I-35 traffic is genuinely brutal at peak hours. The actuarial market here is smaller than Dallas or Houston, so job changes often mean either commuting elsewhere in Texas, going remote, or accepting a longer search - worth weighing if you're early in the exam track and need depth of opportunities.
1Salary Distribution in Austin, TX
2Estimated Take-Home & Purchasing Power
* Estimates only. Does not include federal income tax, 401k, health insurance, or local taxes. Use the Salary Calculator for a detailed breakdown.
How Does Austin, TX Compare?
| City | Median | COL Index | COL-Adjusted |
|---|---|---|---|
| Austin, TX (current) | $123,000 | 124 | $99,194 |
| Dallas, TX | $116,000 | 112 | $103,571 |
| Houston, TX | $113,000 | 107 | $105,607 |
| El Paso, TX | $77,000 | 85 | $90,588 |
| San Francisco, CA | $154,000 | 186 | $82,796 |
| New York, NY | $148,000 | 187 | $79,144 |
4Frequently Asked Questions
What is the average Actuary salary in Austin, TX?
The median Actuary salary in Austin, TX is $123,000 per year as of 2026 BLS OEWS data. The 25th percentile is $94,710 and the 90th percentile is $196,800.
Is Austin, TX a good place to work as a Actuary?
Austin, TX has a cost of living index of 124 (US average = 100). After adjusting for cost of living, a $123,000 Actuary salary in Austin, TX is equivalent to $99,194 in purchasing power compared to the US average.
What is the cost of living adjustment for Austin, TX?
Austin, TX has a cost of living index of 124, meaning it is 24% more expensive than the US average. The state income tax rate in Texas is approximately 0%.
What is the Actuary salary range in Austin, TX?
In Austin, TX, Actuarys earn between $94,710 (25th percentile) and $196,800 (90th percentile), with a median of $123,000 per year.
How many Actuary jobs are there in Austin, TX?
According to BLS OEWS data, there are approximately 30,400 Actuary positions in the Austin, TX metropolitan area.
What do Actuarys earn in Austin, TX?
Based on BLS OEWS 2026 data, Actuarys in Austin, TX earn a median annual wage of $123,000. The middle 50% earn between $94,710 and $157,440. The top 10% earn more than $196,800. There are approximately 30,400 Actuarys employed in the Austin, TX metro area, with annual job growth estimated at 7%.
Is Austin, TX a good place for a Actuary?
Austin, TX has a cost of living index of 124 (US average = 100), making it 24% more expensive than the national average. After adjusting for cost of living, a Actuary in Austin, TX earning $123,000has the equivalent purchasing power of $99,194 relative to the US median. Texas has no state income tax, which is a significant financial advantage.
What is the cost of living adjustment for Austin, TX?
Austin, TX's cost of living index is 124, based on composite data including housing, food, transportation, healthcare, and utilities. This means that $123,000 in Austin, TXhas the same purchasing power as $99,194 in a city at exactly the US average cost of living. Housing is typically the largest driver of cost of living differences between metros.
Compare Austin, TX with Another City
See a detailed side-by-side comparison of salary, taxes, and purchasing power.
5Should You Work as a Actuary in Austin, TX?
The headline median of $123,000 is only part of the picture. Austin, TX's cost of living index is 124 (US average = 100), meaning a dollar here buys roughly 81¢ of what it buys in an average US city. The $123,000 salary effectively purchases $99,194 worth of goods and services at national-average prices.
Housing is the single biggest driver of cost-of-living differences between metros. In Austin, TX, housing typically runs 28–35% of gross income for median earners — elevated but still within traditional affordability ranges. For a $123,000 salary, that translates to roughly $39,360/year on housing alone.
State tax plays a meaningful but smaller role. Texas has no state income tax, which is typically worth 4–8% of gross salary versus a high-tax state. For this role, that's roughly $7,380 per year in additional take-home. After state tax and approximate federal FICA (~7.6%), the estimated take-home is $113,652. This excludes federal income tax, which varies by filing status and deductions.
For comparison, here are nearby alternatives: Dallas, TX ($116,000 median, COL 112); Houston, TX ($113,000 median, COL 107); El Paso, TX ($77,000 median, COL 85). If you're optimizing for purchasing power, compare the COL-adjusted column in the table above and pick the highest number. If you're optimizing for career progression, weight total employment and yearly growth in the role — larger markets offer more lateral moves and promotion velocity, even when nominal pay is lower.
The 7% year-over-year growth rate for Actuarys in Austin, TX is a leading indicator of market health. Above-average hiring pace suggests strong negotiating leverage, frequent counter-offer opportunities, and a deep pipeline of open roles. For side-by-side comparisons, try the full city ranking for Actuarys or the Texas state overview.
Data source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) Program. All figures are approximate annual estimates based on the most recent available BLS data. Actual salaries may vary based on experience, education, employer size, and specific role. Cost-of-living data represents composite indices from publicly available metropolitan area data.