Actuary Salary in Minneapolis, Minnesota
The median actuary salary in Minneapolis, MN is $121,969 per year, which is 7.0% above the national median and 8.1% above the Minnesota state average.
Actuary Pay in Minneapolis: What to Expect (2026)
Minneapolis offers a median actuary salary of $121,969, which is $9,119 above the Minnesota state average of $112,850. Compared to the national median of $113,990, Minneapolis pays above average for this role.
Minneapolis's cost of living is 105% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for actuarys in Minneapolis spans from $73,188 at the 10th percentile to $209,731 at the 90th percentile — a $136,543 spread. Entry-level professionals start around $74,900, while senior actuarys with 8+ years of experience can earn up to $187,250. With a population of 429,954, Minneapolis is a mid-sized metro with a growing job market.
Actuary Salary in Minneapolis by Experience
In Minneapolis, an entry-level actuary earns around $74,900, while experienced professionals earn up to $187,250 per year. The local cost of living index is 105% of the national average.
Salary Percentiles in Minneapolis, MN
| Percentile | Minneapolis |
|---|---|
| 10th Percentile | $73,188 |
| 25th Percentile | $93,304 |
| Median (50th) | $121,969 |
| 75th Percentile | $161,570 |
| 90th Percentile | $209,731 |
Actuary Salary in Other Minnesota Cities
How to Become a Actuary in Minneapolis
Education
Most actuary positions require a bachelor's degree. Minneapolis and the surrounding Minnesota area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in Minneapolis may vary based on local industry and population growth.
Find Actuary Jobs in Minneapolis
Browse open actuary positions in Minneapolis, MN: