Actuary Salary in Minnesota
The median actuary salary in Minnesota is $112,850 per year, which is 1% below the national median of $113,990.
Actuary Salary in Minnesota by Experience
In Minnesota, an entry-level actuary earns around $69,300, while experienced professionals earn up to $173,250 per year. The cost of living index in Minnesota is 97% of the national average.
Salary Percentiles in Minnesota
| Percentile | MN Salary |
|---|---|
| 10th Percentile | $67,716 |
| 25th Percentile | $86,328 |
| Median (50th) | $112,850 |
| 75th Percentile | $149,490 |
| 90th Percentile | $194,050 |
Major Cities for Actuarys in Minnesota
The largest employment areas for actuarys in Minnesota include Minneapolis, Saint Paul, Rochester, and Duluth. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Actuary in Minnesota
Education
Most actuary positions require a bachelor's degree. Minnesota has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Minnesota
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Minnesota's demand may vary based on local industry trends.