Business & Finance Fargo, ND
Pop. 125,990
Actuary Salary in Fargo, North Dakota
The median actuary salary in Fargo, ND is $107,151 per year, which is 6% below the national median and 4.4% above the North Dakota state average.
City Median
$107,151
vs State Avg
+$4,560
vs National
$-6,839
Cost of Living
94%
Actuary Salary in Fargo by Experience
In Fargo, an entry-level actuary earns around $65,800, while experienced professionals earn up to $164,500 per year. The local cost of living index is 94% of the national average.
Entry Level (0-2 yrs)
$65,800
$-4,200 vs national
Mid Level (3-7 yrs)
$108,100
$-6,900 vs national
Senior Level (8+ yrs)
$164,500
$-10,500 vs national
Salary Percentiles in Fargo, ND
| Percentile | Fargo |
|---|---|
| 10th Percentile | $64,296 |
| 25th Percentile | $81,968 |
| Median (50th) | $107,151 |
| 75th Percentile | $141,940 |
| 90th Percentile | $184,249 |
Actuary Salary in Other North Dakota Cities
How to Become a Actuary in Fargo
Education
Most actuary positions require a bachelor's degree. Fargo and the surrounding North Dakota 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 Fargo may vary based on local industry and population growth.