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Actuary Salary in Montgomery, AL β€” 2026 Guide

Estimated salaries are adjusted for Montgomery's cost of living (index: 82). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Actuary Salary in Montgomery β€” Key Numbers

$98,400
Median Salary
$72,185
25th Percentile
$133,922
75th Percentile
$175,398
90th Percentile
National median (Actuary)$120,000
vs. National median-18.0%
Montgomery median household income$48,600
vs. City household income+102.5%

Cost of Living in Montgomery

Cost of Living Index
82(100 = avg)
Median Monthly Rent$850/mo
Rent-to-Income Ratio10.4%
Annual rent cost$10,200
Median Home Price$175,000
Home Price / Salary1.8Γ—
20% Down Payment$35,000
Years to save (20% rate)1.8 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Montgomery

4.6%
Unemployment Rate
380,000
Metro Population
23 min
Avg Commute
34.5
Median Age

Montgomery has a metro population of 380,000, offering a growing job market with opportunities especially in established local industries. The 4.6% unemployment rate is near the national average.

Actuary Salary β€” Other Alabama Cities

Frequently Asked Questions

How much does a Actuary make in Montgomery, AL?

The estimated median salary for a Actuary in Montgomery is $98,400 per year (2026). This is derived from the national BLS median of $120,000 adjusted by Montgomery's cost of living index (82). The typical salary range runs from $72,185 (25th percentile) to $133,922 (75th percentile), with top earners reaching $175,398.

Is Montgomery affordable for a Actuary?

On a $98,400 annual salary, a Actuary in Montgomery would spend approximately 10.4% of gross monthly income on median rent ($850/month). This is well within the 28% affordability threshold, making Montgomery relatively affordable for this profession. The median home price of $175,000 is 1.8Γ— the annual salary.

How does a Actuary's salary compare to Montgomery's overall income?

Montgomery's median household income is $48,600. A Actuary earning the city-adjusted median of $98,400 earns 102.5% more than the typical Montgomery household β€” placing them solidly in the middle-to-upper income tier for the city.

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.