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 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

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

Major Cities for Actuarys in North Dakota

The largest employment areas for actuarys in North Dakota include Fargo, Bismarck, Grand Forks, and Minot. Salaries in major metro areas may be higher due to increased demand and cost of living.

Fargo, ND
Metro area for actuary employment
Bismarck, ND
Metro area for actuary employment
Grand Forks, ND
Metro area for actuary employment
Minot, ND
Metro area for actuary employment
West Fargo, ND
Metro area for actuary employment

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.