Business & Finance Albuquerque, NM
Pop. 564,559
Actuary Salary in Albuquerque, New Mexico
The median actuary salary in Albuquerque, NM is $108,291 per year, which is 5% below the national median and 2.2% above the New Mexico state average.
City Median
$108,291
vs State Avg
+$2,280
vs National
$-5,699
Cost of Living
95%
Actuary Salary in Albuquerque by Experience
In Albuquerque, 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 Albuquerque, NM
| Percentile | Albuquerque |
|---|---|
| 10th Percentile | $64,980 |
| 25th Percentile | $82,840 |
| Median (50th) | $108,291 |
| 75th Percentile | $143,450 |
| 90th Percentile | $186,210 |
Actuary Salary in Other New Mexico Cities
How to Become a Actuary in Albuquerque
Education
Most actuary positions require a bachelor's degree. Albuquerque and the surrounding New Mexico 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 Albuquerque may vary based on local industry and population growth.