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How to Become a Actuaries in Virginia

Actuaries in Virginia earn a median salary of $135,880/year, which is 8% above the national average. Virginia has a state income tax of ~5.4%. After taxes and rent, a actuaries takes home approximately $6,616/month. Most positions require Bachelor's degree.

$136K
Median salary in Virginia
+8%
vs. national average
5.4%
State income tax
690
Employed in Virginia

What a actuaries can afford in Virginia

Gross annual salary$135,880
Est. monthly take-home (after fed + 5.4% state tax)$8,028/mo
Median 2BR rent (Virginia)-$1,412/mo
Rent as % of take-home17.6% (within guideline)
Cost-of-living adjusted salary$135,880/yr (RPP: 100)
Monthly remaining after rent$6,616/mo

Becoming a actuaries in Virginia

1

Meet education requirements

Actuaries positions in Virginia typically require Bachelor's degree. Programs are available at colleges and training institutions across Virginia. Research accredited programs in your area.

2

Gain required experience

Many actuaries positions in Virginia require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Virginia licensure or certification

Virginia may require specific licensing or professional certification for actuariess. Requirements vary by state — contact the Virginia Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Virginia

Virginia employs 690 actuaries. The highest concentrations are in Richmond.

Actuaries salary by metro area in Virginia

Metro areaMedianHourlyEmployment
Richmond$130K$62.67/hr160

Actuaries salary range in Virginia

10th percentile (entry)
$88K
25th percentile
$102K
Median (50th)
$136K
75th percentile
$166K
90th percentile (senior)
$0
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Frequently asked questions

How much does a actuaries make in Virginia?

The median actuaries salary in Virginia is $135,880 per year ($65.33/hr). This is 8% above the national median of $125,770. Salaries range from $88,050 to $0.

What are the requirements to become a actuaries in Virginia?

Actuaries positions in Virginia typically require Bachelor's degree. Virginia may have specific licensing or certification requirements. Check with the Virginia licensing board or department of labor for current requirements.

Can a actuaries afford to live in Virginia?

At the median salary of $135,880, a actuaries in Virginia would take home approximately $8,028/month after taxes. With median 2-bedroom rent at $1,412/month, that's 17.6% of take-home pay going to housing. This is within the recommended 30% guideline.

What are the best cities for actuaries in Virginia?

The highest paying metro areas for actuaries in Virginia are Richmond ($130,360). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.

Does Virginia have state income tax for actuaries?

Yes, Virginia has a state income tax rate of approximately 5.4%. On a $135,880 salary, this means roughly $7,297/year in state income tax. Use our take-home pay calculator for a detailed breakdown.