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FinanceTexas (TX)

Actuary Salary in Texas

Take-home pay breakdown using 2025 tax rates โ€” single filer, standard deduction

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Texas has no state income tax!
Texas is one of a handful of states with no individual income tax, which means you keep more of every paycheck compared to most other states. No state income tax. Among the highest property tax rates in the US.
$120,000
Gross Salary
national median
$92,771
Annual Take-Home
77.3% of gross
$7,731
Monthly Take-Home
after all taxes
$3,568
Bi-Weekly Paycheck
after all taxes

Full Tax Breakdown โ€” Texas

Based on national median Actuary salary of $120,000, single filer, 2025 tax year

Gross Annual Salary
$120,000
Deductions
Federal Income Tax
Effective rate: 15.0%
-$18,049
Texas State Income Tax
No state income tax!
$0
Social Security Tax
6.2% up to wage base
-$7,440
Medicare Tax
1.45%
-$1,740
Total Taxes
22.7% effective rate
-$27,229
Net Take-Home Pay (Annual)
$92,771
Net Take-Home Pay (Monthly)
$7,731
Net Take-Home Pay (Bi-Weekly)
$3,568

Where Your Money Goes

Take-Home Pay$92,771 (77.3%)
Federal Income Tax$18,049 (15.0%)
Texas State Tax (none)$0 (0.0%)
FICA (SS + Medicare)$9,180 (7.6%)

Texas vs. National Average

National Median Salary
$120,000
Used for calculations on this page
State Income Tax
None โ˜…
Texas has no state income tax
Property Tax Rate
1.8%
Effective rate on home value
State Sales Tax
6.3%
State rate (local rates may vary)

No state income tax. Among the highest property tax rates in the US.

Frequently Asked Questions โ€” Actuary in Texas

How much does a Actuary take home in Texas?

On a national median salary of $120,000, a Actuary in Texas takes home approximately $92,771/year ($7,731/month) after federal income tax, FICA taxes (no state income tax in Texas). This represents an effective total tax rate of 22.7%.

Does Texas have a state income tax?

Texas has no state individual income tax, which is a significant advantage for workers. On a $120,000 salary, you save $4,800โ€“$8,400 compared to living in a high-tax state. No state income tax. Among the highest property tax rates in the US.

How does Texas compare to other states for Actuarys?

Texas is one of nine states with no state income tax, giving workers a built-in take-home pay advantage. On the same $120,000 salary, Texas residents keep more than workers in states like California, New York, or Minnesota.

What other taxes does a Actuary pay in Texas?

In addition to federal income tax, workers pay FICA taxes: Social Security (6.2% on wages up to the $168,600 wage base in 2025) and Medicare (1.45%, plus 0.9% surcharge on earnings over $200,000). Local income taxes may also apply in some Texas cities. Texas's property tax rate is 1.8%, and the state sales tax rate is 6.3%.

Calculations use 2025 federal and state tax rates. Single filer, standard deduction. Does not include local taxes, pre-tax retirement contributions, or employer benefits. Salary data sourced from U.S. Bureau of Labor Statistics (BLS) OEWS. Last updated: March 2025. For personalized calculations, use the Paycheck Calculator.