Business & Finance Aberdeen, SD Pop. 28,324

Actuary Salary in Aberdeen, South Dakota

The median actuary salary in Aberdeen, SD is $95,752 per year, which is 16% below the national median and 4.5% below the South Dakota state average.

City Median
$95,752
vs State Avg
$-4,559
vs National
$-18,238
Cost of Living
84%

Actuary Salary in Aberdeen by Experience

In Aberdeen, an entry-level actuary earns around $58,800, while experienced professionals earn up to $147,000 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$58,800
$-11,200 vs national
Mid Level (3-7 yrs)
$96,600
$-18,400 vs national
Senior Level (8+ yrs)
$147,000
$-28,000 vs national

Salary Percentiles in Aberdeen, SD

Percentile Aberdeen
10th Percentile $57,456
25th Percentile $73,248
Median (50th) $95,752
75th Percentile $126,840
90th Percentile $164,648

Actuary Salary in Other South Dakota Cities

Sioux Falls, SD
$104,871
Pop. 192,517
Rapid City, SD
$102,591
Pop. 74,703
Brookings, SD
$98,031
Pop. 24,194
Mitchell, SD
$93,472
Pop. 15,660

How to Become a Actuary in Aberdeen

Education

Most actuary positions require a bachelor's degree. Aberdeen and the surrounding South 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 Aberdeen may vary based on local industry and population growth.

Find Actuary Jobs in Aberdeen

Browse open actuary positions in Aberdeen, SD:

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Frequently Asked Questions: Actuary Salary in Aberdeen

How much does a Actuary make in Aberdeen, SD? ▼
The median actuary salary in Aberdeen, South Dakota is $95,752 per year, which is 16% below the national median of $113,990. Salaries range from $57,456 (10th percentile) to $164,648 (90th percentile).
How much does a Actuary make per hour in Aberdeen? ▼
Based on the median annual salary of $95,752, a actuary in Aberdeen earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does Aberdeen compare to the South Dakota state average for actuary pay? ▼
Aberdeen's median actuary salary of $95,752 is 4.5% below the South Dakota state average of $100,311. The local cost of living index is 84% of the national average.
What is the cost of living in Aberdeen, SD? ▼
Aberdeen has a cost of living index of 84% compared to the national average. This means a actuary salary of $95,752 in Aberdeen has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Aberdeen? ▼
Most actuary positions in Aberdeen 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.