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Actuary Salary in Florida: Is It a Good Career?

Florida · 2026 BLS salary data

an Actuary pay in Florida

The median wage is $132,110/yr — 2% above the national median. Among U.S. states, Floridaranks #10 of 36 states by median pay.

The numbers in Florida

Real BLS state-level figures for Actuary.

Median salary
$132,110/yr
Pay range (25th–75th)
$98,410 – $165,610
National median
$130,000/yr
Employed in Florida
1,300

Source: BLS Occupational Employment & Wage Statistics (OEWS), state estimates, May 2025 release.

What that pay is really worth in Florida

Salary alone can mislead — Florida costs 3% more than the U.S. average. Here's the median adjusted for local prices (real purchasing power).

Cost of living (US=100)
103.4
Nominal median
$132,110
Adjusted for cost of living
≈ $127,766
State income tax
None

Florida's high pay is offset by cost of living — adjusted for prices it ranks #18 of 36, down from #10 on raw salary.

Florida levies no state income tax, so more of that pay stays in your pocket than in high-tax states.

Cost of living: BEA Regional Price Parities (all items, US=100), 2024. Adjusted pay = nominal median ÷ (RPP/100) — purchasing power vs the U.S. average. State income tax = top marginal rate on wage income (Tax Foundation, 2025); your effective rate is lower and depends on income and deductions.

FAQ

How much do actuary professionals make in Florida?

The median annual wage is $132,110 (BLS OEWS, state estimates), with the middle 50% earning between $98,410 and $165,610. That's 2% above the national median.

Is Florida a good state for actuary?

By raw pay, Florida ranks #10 of 36 states by median pay. Adjusted for cost of living (Florida costs 3% more than the U.S. average), that median is worth about $127,766. Florida's high pay is offset by cost of living — adjusted for prices it ranks #18 of 36, down from #10 on raw salary. And with no state income tax, more of that pay stays in your pocket.

Are actuary professionals in demand in Florida?

About 1,300 people work in this field in Florida (BLS OEWS). Nationally, BLS projects +21.8% employment growth for this field from 2024 to 2034.

The verdict, pros, and cons below apply to Actuary nationally — Florida pay is 2% above the national median. See the full an Actuary career guide →

The verdict

Yes — actuarial work offers high pay, excellent job security, strong projected growth, and a debt-light path via professional exams rather than expensive grad school. The trade-off is a demanding, years-long exam gauntlet and detail-heavy, quantitative work.

Pros & cons

Pros

  • High pay with excellent job security
  • Much-faster-than-average projected growth
  • Exam-based entry — no expensive grad degree needed
  • Pay rises with each exam passed
  • Strong work-life balance once credentialed

Cons

  • Long, demanding series of professional exams
  • Years of self-study alongside full-time work
  • Detail-heavy, quantitative day-to-day
  • Narrow field concentrated in insurance/finance
  • Slow start until early exams are passed

Who it's for

✓ A good fit if…

  • Strong math and statistics people
  • Disciplined self-studiers
  • Those wanting high pay without grad-school debt

✗ Probably not if…

  • People who dislike heavy math
  • Those unwilling to grind years of exams

What people are actually asking

Real Reddit discussions on whether Actuary is worth it — titles link to the original threads.