The annual salary statistics of actuaries in Nashville-Davidson--Murfreesboro--Franklin, Tennessee is shown in Table 1. The wage statistics of actuaries in Nashville-Davidson--Murfreesboro--Franklin is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $63,710 |
| 25th Percentile Wage | $79,980 |
| 50th Percentile Wage | $99,110 |
| 75th Percentile Wage | $115,200 |
| 90th Percentile Wage | $126,170 |
Table 1 shows the average annual salary for actuaries in Nashville-Davidson--Murfreesboro--Franklin, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,170. The median (50th percentile) annual salary is $99,110. The average annual salary for the bottom 10 percent earners is $63,710.
The table and chart below show the trend of the median salary of actuaries from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $99,110 | 21.79% | 31.20% |
| 2021 | $77,510 | -38.70% | - |
| 2020 | $107,510 | 1.84% | - |
| 2019 | $105,530 | 2.59% | - |
| 2018 | $102,800 | 16.66% | - |
| 2016 | $85,670 | 7.32% | - |
| 2015 | $79,400 | 14.57% | - |
| 2014 | $67,830 | -3.51% | - |
| 2013 | $70,210 | 2.88% | - |
| 2012 | $68,190 | - | - |
From Table 3 we note that with a median annual salary of $99,110, Nashville-Davidson--Murfreesboro--Franklin is the highest paying city for actuaries in state of Tennessee, followed by Chattanooga (median annual salary $84,900). In comparison, the median annual salary of actuaries in Nashville-Davidson--Murfreesboro--Franklin is 14.3 percent (14.3%) higher than that in Chattanooga.
| Cities/Areas | Median Annual Salary |
|---|---|
| Nashville-Davidson--Murfreesboro--Franklin | |
| Chattanooga |