Business & Finance Las Cruces, NM Pop. 111,385

Actuary Salary in Las Cruces, New Mexico

The median actuary salary in Las Cruces, NM is $100,311 per year, which is 12% below the national median and 5.4% below the New Mexico state average.

City Median
$100,311
vs State Avg
$-5,700
vs National
$-13,679
Cost of Living
88%

Actuary Salary in Las Cruces by Experience

In Las Cruces, an entry-level actuary earns around $61,600, while experienced professionals earn up to $154,000 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$61,600
$-8,400 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$154,000
$-21,000 vs national

Salary Percentiles in Las Cruces, NM

Percentile Las Cruces
10th Percentile $60,192
25th Percentile $76,736
Median (50th) $100,311
75th Percentile $132,880
90th Percentile $172,489

Actuary Salary in Other New Mexico Cities

Santa Fe, NM
$125,389
Pop. 87,505
Albuquerque, NM
$108,291
Pop. 564,559
Rio Rancho, NM
$104,871
Pop. 104,046
Roswell, NM
$93,472
Pop. 48,422

How to Become a Actuary in Las Cruces

Education

Most actuary positions require a bachelor's degree. Las Cruces 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 Las Cruces may vary based on local industry and population growth.

Find Actuary Jobs in Las Cruces

Browse open actuary positions in Las Cruces, NM:

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Frequently Asked Questions: Actuary Salary in Las Cruces

How much does a Actuary make in Las Cruces, NM? ▼
The median actuary salary in Las Cruces, New Mexico is $100,311 per year, which is 12% below the national median of $113,990. Salaries range from $60,192 (10th percentile) to $172,489 (90th percentile).
How much does a Actuary make per hour in Las Cruces? ▼
Based on the median annual salary of $100,311, a actuary in Las Cruces earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Las Cruces compare to the New Mexico state average for actuary pay? ▼
Las Cruces's median actuary salary of $100,311 is 5.4% below the New Mexico state average of $106,011. The local cost of living index is 88% of the national average.
What is the cost of living in Las Cruces, NM? ▼
Las Cruces has a cost of living index of 88% compared to the national average. This means a actuary salary of $100,311 in Las Cruces has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Las Cruces? ▼
Most actuary positions in Las Cruces 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.