Business & Finance Davenport, IA Pop. 101,724

Actuary Salary in Davenport, Iowa

The median actuary salary in Davenport, IA is $98,031 per year, which is 14% below the national median and 3.4% below the Iowa state average.

City Median
$98,031
vs State Avg
$-3,420
vs National
$-15,959
Cost of Living
86%

Actuary Salary in Davenport by Experience

In Davenport, an entry-level actuary earns around $60,200, while experienced professionals earn up to $150,500 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$60,200
$-9,800 vs national
Mid Level (3-7 yrs)
$98,900
$-16,100 vs national
Senior Level (8+ yrs)
$150,500
$-24,500 vs national

Salary Percentiles in Davenport, IA

Percentile Davenport
10th Percentile $58,824
25th Percentile $74,992
Median (50th) $98,031
75th Percentile $129,860
90th Percentile $168,569

Actuary Salary in Other Iowa Cities

Iowa City, IA
$108,291
Pop. 74,828
Des Moines, IA
$104,871
Pop. 214,133
Cedar Rapids, IA
$100,311
Pop. 137,710
Sioux City, IA
$95,752
Pop. 85,797

How to Become a Actuary in Davenport

Education

Most actuary positions require a bachelor's degree. Davenport 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 Davenport may vary based on local industry and population growth.

Find Actuary Jobs in Davenport

Browse open actuary positions in Davenport, IA:

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Frequently Asked Questions: Actuary Salary in Davenport

How much does a Actuary make in Davenport, IA? ▼
The median actuary salary in Davenport, Iowa is $98,031 per year, which is 14% below the national median of $113,990. Salaries range from $58,824 (10th percentile) to $168,569 (90th percentile).
How much does a Actuary make per hour in Davenport? ▼
Based on the median annual salary of $98,031, a actuary in Davenport earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Davenport compare to the Iowa state average for actuary pay? ▼
Davenport's median actuary salary of $98,031 is 3.4% below the Iowa state average of $101,451. The local cost of living index is 86% of the national average.
What is the cost of living in Davenport, IA? ▼
Davenport has a cost of living index of 86% compared to the national average. This means a actuary salary of $98,031 in Davenport has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Davenport? ▼
Most actuary positions in Davenport require a bachelor's degree. Key skills include Statistical Modeling, Risk Assessment, Financial Mathematics, Excel/VBA. The job market is projected to grow 21% nationally over the next decade.