Business & Finance Cedar Rapids, IA
Pop. 137,710
Actuary Salary in Cedar Rapids, Iowa
The median actuary salary in Cedar Rapids, IA is $100,311 per year, which is 12% below the national median and 1.1% below the Iowa state average.
City Median
$100,311
vs State Avg
$-1,140
vs National
$-13,679
Cost of Living
88%
Actuary Salary in Cedar Rapids by Experience
In Cedar Rapids, an entry-level actuary earns around $61,600, while experienced professionals earn up to $154,000 per year. The local cost of living index is 88% of the national average.
Entry Level (0-2 yrs)
$61,600
$-8,400 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$154,000
$-21,000 vs national
Salary Percentiles in Cedar Rapids, IA
| Percentile | Cedar Rapids |
|---|---|
| 10th Percentile | $60,192 |
| 25th Percentile | $76,736 |
| Median (50th) | $100,311 |
| 75th Percentile | $132,880 |
| 90th Percentile | $172,489 |
Actuary Salary in Other Iowa Cities
How to Become a Actuary in Cedar Rapids
Education
Most actuary positions require a bachelor's degree. Cedar Rapids and the surrounding Iowa area have institutions offering relevant programs.
Key Skills
Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams
Job Outlook
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in Cedar Rapids may vary based on local industry and population growth.