Business & Finance Grand Island, NE Pop. 53,131

Actuary Salary in Grand Island, Nebraska

The median actuary salary in Grand Island, NE is $98,031 per year, which is 14% below the national median and 6.5% below the Nebraska state average.

City Median
$98,031
vs State Avg
$-6,840
vs National
$-15,959
Cost of Living
84%

Actuary Pay in Grand Island: What to Expect (2026)

Grand Island offers a median actuary salary of $98,031, which is $6,840 below the Nebraska state average of $104,871. Compared to the national median of $113,990, Grand Island pays below the national benchmark for this role.

One of Grand Island's biggest advantages is its low cost of living at 84% of the national average. This means the $98,031 salary stretches further here — equivalent to roughly $116,704 in an average-cost city. This makes Grand Island an attractive option for actuarys seeking strong real-dollar compensation.

The salary range for actuarys in Grand Island spans from $58,824 at the 10th percentile to $168,569 at the 90th percentile — a $109,745 spread. Entry-level professionals start around $60,200, while senior actuarys with 8+ years of experience can earn up to $150,500. Grand Island is a smaller market (pop. 53,131), which may mean fewer openings but also less competition for available positions.

Actuary Salary in Grand Island by Experience

In Grand Island, 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 84% 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 Grand Island, NE

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

Actuary Salary in Other Nebraska Cities

Omaha, NE
$108,291
Pop. 486,051
Bellevue, NE
$107,151
Pop. 64,176
Lincoln, NE
$104,871
Pop. 291,082
Kearney, NE
$100,311
Pop. 33,464

How to Become a Actuary in Grand Island

Education

Most actuary positions require a bachelor's degree. Grand Island and the surrounding Nebraska 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 Grand Island may vary based on local industry and population growth.

Find Actuary Jobs in Grand Island

Browse open actuary positions in Grand Island, NE:

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Frequently Asked Questions: Actuary Salary in Grand Island

How much does a Actuary make in Grand Island, NE? ▼
The median actuary salary in Grand Island, Nebraska 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 Grand Island? ▼
Based on the median annual salary of $98,031, a actuary in Grand Island earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Grand Island compare to the Nebraska state average for actuary pay? ▼
Grand Island's median actuary salary of $98,031 is 6.5% below the Nebraska state average of $104,871. The local cost of living index is 84% of the national average.
What is the cost of living in Grand Island, NE? ▼
Grand Island has a cost of living index of 84% compared to the national average. This means a actuary salary of $98,031 in Grand Island has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Grand Island? ▼
Most actuary positions in Grand Island 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.