Actuary Salary in New Mexico
The median actuary salary in New Mexico is $106,011 per year, which is 7% below the national median of $113,990.
Actuary Salary in New Mexico by Experience
In New Mexico, an entry-level actuary earns around $65,100, while experienced professionals earn up to $162,750 per year. The cost of living index in New Mexico is 93% of the national average.
Salary Percentiles in New Mexico
| Percentile | NM Salary |
|---|---|
| 10th Percentile | $63,612 |
| 25th Percentile | $81,096 |
| Median (50th) | $106,011 |
| 75th Percentile | $140,430 |
| 90th Percentile | $182,289 |
Major Cities for Actuarys in New Mexico
The largest employment areas for actuarys in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Actuary in New Mexico
Education
Most actuary positions require a bachelor's degree. New Mexico has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in New Mexico
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). New Mexico's demand may vary based on local industry trends.