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

West Fargo, ND
$106,011
Pop. 38,626
Minot, ND
$104,871
Pop. 48,639
Bismarck, ND
$102,591
Pop. 73,529
Grand Forks, ND
$100,311
Pop. 56,588

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.

Find Actuary Jobs in Fargo

Browse open actuary positions in Fargo, ND:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Actuary Salary in Fargo

How much does a Actuary make in Fargo, ND? ▼
The median actuary salary in Fargo, North Dakota is $107,151 per year, which is 6% below the national median of $113,990. Salaries range from $64,296 (10th percentile) to $184,249 (90th percentile).
How much does a Actuary make per hour in Fargo? ▼
Based on the median annual salary of $107,151, a actuary in Fargo earns approximately $52 per hour assuming a standard 2,080-hour work year.
How does Fargo compare to the North Dakota state average for actuary pay? ▼
Fargo's median actuary salary of $107,151 is 4.4% above the North Dakota state average of $102,591. The local cost of living index is 94% of the national average.
What is the cost of living in Fargo, ND? ▼
Fargo has a cost of living index of 94% compared to the national average. This means a actuary salary of $107,151 in Fargo has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Fargo? ▼
Most actuary positions in Fargo require a bachelor's degree. Key skills include Statistical Modeling, Risk Assessment, Financial Mathematics, Excel/VBA. The job market is projected to grow 21% nationally over the next decade.