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
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.