Business & Finance North Dakota (ND) Rank #37 of 50

Actuary Salary in North Dakota

The median actuary salary in North Dakota is $102,591 per year, which is 10% below the national median of $113,990.

Median Salary
$102,591
vs National
$-11,399
State Rank
#37 of 50
Cost of Living
90%

Actuary Salary Overview in North Dakota (2026)

North Dakota ranks #37 out of 50 states for actuary compensation. Actuary salaries in North Dakota are below the national median, though the lower cost of living can offset the difference. At $102,591 per year, actuarys in North Dakota earn $11,399 less than the national median of $113,990.

A key advantage of working in North Dakota is its below-average cost of living (90% of the national index). This means the $102,591 salary has the purchasing power of roughly $113,990 in an average-cost area.

The salary spread in North Dakota is significant: actuarys at the 10th percentile earn $61,560, while those at the 90th percentile bring home $176,409 — a $114,849 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in North Dakota for this role is Fargo, where the median reaches $107,151.

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in North Dakota and beyond.

Actuary Salary in North Dakota by Experience

In North Dakota, an entry-level actuary earns around $63,000, while experienced professionals earn up to $157,500 per year. The cost of living index in North Dakota is 90% of the national average.

Entry Level (0-2 yrs)
$63,000
$-7,000 vs national
Mid Level (3-7 yrs)
$103,500
$-11,500 vs national
Senior Level (8+ yrs)
$157,500
$-17,500 vs national

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Salary Percentiles in North Dakota

Percentile ND Salary
10th Percentile $61,560
25th Percentile $78,480
Median (50th) $102,591
75th Percentile $135,900
90th Percentile $176,409

Actuary Salary by City in North Dakota

The largest employment areas for actuarys in North Dakota include Fargo, Bismarck, Grand Forks, and Minot. Salaries vary by city based on local cost of living and demand.

How to Become a Actuary in North Dakota

Education

Most actuary positions require a bachelor's degree. North Dakota has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in North Dakota

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). North Dakota's demand may vary based on local industry trends.

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Frequently Asked Questions: Actuary Salary in North Dakota

How much does a Actuary make in North Dakota? ▼
The median actuary salary in North Dakota is $102,591 per year, which is 10% below the national median of $113,990. Salaries range from $61,560 (10th percentile) to $176,409 (90th percentile).
How much does a Actuary make per hour in North Dakota? ▼
Based on the median annual salary of $102,591, a actuary in North Dakota earns approximately $49 per hour assuming a standard 2,080-hour work year.
Is North Dakota a good state for actuarys? ▼
North Dakota ranks #37 out of 50 states for actuary pay. The cost of living index is 90% of the national average. Entry-level actuarys earn $63,000, while senior professionals earn $157,500.
How does North Dakota compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. North Dakota's median of $102,591 ranks #37 nationally. Nearby-ranked states include Indiana ($102,591) and Michigan ($102,591).
What is the entry-level actuary salary in North Dakota? ▼
An entry-level actuary in North Dakota earns approximately $63,000 per year. With 3-7 years of experience, pay increases to around $103,500. Senior-level professionals with 8+ years earn up to $157,500.
What city in North Dakota pays actuarys the most? ▼
Fargo is the highest paying city in North Dakota for actuarys, with a median salary of $107,151. Other cities include Bismarck and Grand Forks.