Business & Finance Iowa (IA) Rank #39 of 50

Actuary Salary in Iowa

The median actuary salary in Iowa is $101,451 per year, which is 11% below the national median of $113,990.

Median Salary
$101,451
vs National
$-12,539
State Rank
#39 of 50
Cost of Living
89%

Actuary Salary in Iowa by Experience

In Iowa, an entry-level actuary earns around $62,300, while experienced professionals earn up to $155,750 per year. The cost of living index in Iowa is 89% of the national average.

Entry Level (0-2 yrs)
$62,300
$-7,700 vs national
Mid Level (3-7 yrs)
$102,350
$-12,650 vs national
Senior Level (8+ yrs)
$155,750
$-19,250 vs national

Salary Percentiles in Iowa

Percentile IA Salary
10th Percentile $60,876
25th Percentile $77,608
Median (50th) $101,451
75th Percentile $134,390
90th Percentile $174,449

Major Cities for Actuarys in Iowa

The largest employment areas for actuarys in Iowa include Des Moines, Cedar Rapids, Davenport, and Sioux City. Salaries in major metro areas may be higher due to increased demand and cost of living.

Des Moines, IA
Metro area for actuary employment
Cedar Rapids, IA
Metro area for actuary employment
Davenport, IA
Metro area for actuary employment
Sioux City, IA
Metro area for actuary employment
Iowa City, IA
Metro area for actuary employment

How to Become a Actuary in Iowa

Education

Most actuary positions require a bachelor's degree. Iowa has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Iowa

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Iowa's demand may vary based on local industry trends.