Business & Finance South Dakota (SD) Rank #43 of 50

Actuary Salary in South Dakota

The median actuary salary in South Dakota is $100,311 per year, which is 12% below the national median of $113,990.

Median Salary
$100,311
vs National
$-13,679
State Rank
#43 of 50
Cost of Living
88%

Actuary Salary in South Dakota by Experience

In South Dakota, an entry-level actuary earns around $61,600, while experienced professionals earn up to $154,000 per year. The cost of living index in South Dakota is 88% of the national average.

Entry Level (0-2 yrs)
$61,600
$-8,400 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$154,000
$-21,000 vs national

Salary Percentiles in South Dakota

Percentile SD Salary
10th Percentile $60,192
25th Percentile $76,736
Median (50th) $100,311
75th Percentile $132,880
90th Percentile $172,489

Major Cities for Actuarys in South Dakota

The largest employment areas for actuarys in South Dakota include Sioux Falls, Rapid City, Aberdeen, and Brookings. Salaries in major metro areas may be higher due to increased demand and cost of living.

Sioux Falls, SD
Metro area for actuary employment
Rapid City, SD
Metro area for actuary employment
Aberdeen, SD
Metro area for actuary employment
Brookings, SD
Metro area for actuary employment
Mitchell, SD
Metro area for actuary employment

How to Become a Actuary in South Dakota

Education

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

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in South Dakota

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