Business & Finance Santa Fe, NM Pop. 87,505

Actuary Salary in Santa Fe, New Mexico

The median actuary salary in Santa Fe, NM is $125,389 per year, which is 10.0% above the national median and 18.3% above the New Mexico state average.

City Median
$125,389
vs State Avg
+$19,378
vs National
+$11,399
Cost of Living
110%

Actuary Salary in Santa Fe by Experience

In Santa Fe, an entry-level actuary earns around $77,000, while experienced professionals earn up to $192,500 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$77,000
+$7,000 vs national
Mid Level (3-7 yrs)
$126,500
+$11,500 vs national
Senior Level (8+ yrs)
$192,500
+$17,500 vs national

Salary Percentiles in Santa Fe, NM

Percentile Santa Fe
10th Percentile $75,240
25th Percentile $95,920
Median (50th) $125,389
75th Percentile $166,100
90th Percentile $215,611

Actuary Salary in Other New Mexico Cities

Albuquerque, NM
$108,291
Pop. 564,559
Rio Rancho, NM
$104,871
Pop. 104,046
Las Cruces, NM
$100,311
Pop. 111,385
Roswell, NM
$93,472
Pop. 48,422

How to Become a Actuary in Santa Fe

Education

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