Business & Finance Brookings, SD Pop. 24,194

Actuary Salary in Brookings, South Dakota

The median actuary salary in Brookings, SD is $98,031 per year, which is 14% below the national median and 2.3% below the South Dakota state average.

City Median
$98,031
vs State Avg
$-2,280
vs National
$-15,959
Cost of Living
86%

Actuary Salary in Brookings by Experience

In Brookings, an entry-level actuary earns around $60,200, while experienced professionals earn up to $150,500 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$60,200
$-9,800 vs national
Mid Level (3-7 yrs)
$98,900
$-16,100 vs national
Senior Level (8+ yrs)
$150,500
$-24,500 vs national

Salary Percentiles in Brookings, SD

Percentile Brookings
10th Percentile $58,824
25th Percentile $74,992
Median (50th) $98,031
75th Percentile $129,860
90th Percentile $168,569

Actuary Salary in Other South Dakota Cities

Sioux Falls, SD
$104,871
Pop. 192,517
Rapid City, SD
$102,591
Pop. 74,703
Aberdeen, SD
$95,752
Pop. 28,324
Mitchell, SD
$93,472
Pop. 15,660

How to Become a Actuary in Brookings

Education

Most actuary positions require a bachelor's degree. Brookings 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 Brookings may vary based on local industry and population growth.

Find Actuary Jobs in Brookings

Browse open actuary positions in Brookings, SD:

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Frequently Asked Questions: Actuary Salary in Brookings

How much does a Actuary make in Brookings, SD? ▼
The median actuary salary in Brookings, South Dakota is $98,031 per year, which is 14% below the national median of $113,990. Salaries range from $58,824 (10th percentile) to $168,569 (90th percentile).
How much does a Actuary make per hour in Brookings? ▼
Based on the median annual salary of $98,031, a actuary in Brookings earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Brookings compare to the South Dakota state average for actuary pay? ▼
Brookings's median actuary salary of $98,031 is 2.3% below the South Dakota state average of $100,311. The local cost of living index is 86% of the national average.
What is the cost of living in Brookings, SD? ▼
Brookings has a cost of living index of 86% compared to the national average. This means a actuary salary of $98,031 in Brookings has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Brookings? ▼
Most actuary positions in Brookings 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.