Business & Finance Iowa City, IA Pop. 74,828

Actuary Salary in Iowa City, Iowa

The median actuary salary in Iowa City, IA is $108,291 per year, which is 5% below the national median and 6.7% above the Iowa state average.

City Median
$108,291
vs State Avg
+$6,840
vs National
$-5,699
Cost of Living
95%

Actuary Salary in Iowa City by Experience

In Iowa City, an entry-level actuary earns around $66,500, while experienced professionals earn up to $166,250 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$66,500
$-3,500 vs national
Mid Level (3-7 yrs)
$109,250
$-5,750 vs national
Senior Level (8+ yrs)
$166,250
$-8,750 vs national

Salary Percentiles in Iowa City, IA

Percentile Iowa City
10th Percentile $64,980
25th Percentile $82,840
Median (50th) $108,291
75th Percentile $143,450
90th Percentile $186,210

Actuary Salary in Other Iowa Cities

How to Become a Actuary in Iowa City

Education

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

Find Actuary Jobs in Iowa City

Browse open actuary positions in Iowa City, IA:

Frequently Asked Questions: Actuary Salary in Iowa City

How much does a Actuary make in Iowa City, IA?
The median actuary salary in Iowa City, Iowa is $108,291 per year, which is 5% below the national median of $113,990. Salaries range from $64,980 (10th percentile) to $186,210 (90th percentile).
How much does a Actuary make per hour in Iowa City?
Based on the median annual salary of $108,291, a actuary in Iowa City earns approximately $52 per hour assuming a standard 2,080-hour work year.
How does Iowa City compare to the Iowa state average for actuary pay?
Iowa City's median actuary salary of $108,291 is 6.7% above the Iowa state average of $101,451. The local cost of living index is 95% of the national average.
What is the cost of living in Iowa City, IA?
Iowa City has a cost of living index of 95% compared to the national average. This means a actuary salary of $108,291 in Iowa City has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Iowa City?
Most actuary positions in Iowa City 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.