Business & Finance Mitchell, SD
Pop. 15,660
Actuary Salary in Mitchell, South Dakota
The median actuary salary in Mitchell, SD is $93,472 per year, which is 18% below the national median and 6.8% below the South Dakota state average.
City Median
$93,472
vs State Avg
$-6,839
vs National
$-20,518
Cost of Living
82%
Actuary Salary in Mitchell by Experience
In Mitchell, an entry-level actuary earns around $57,400, while experienced professionals earn up to $143,500 per year. The local cost of living index is 82% of the national average.
Entry Level (0-2 yrs)
$57,400
$-12,600 vs national
Mid Level (3-7 yrs)
$94,300
$-20,700 vs national
Senior Level (8+ yrs)
$143,500
$-31,500 vs national
Salary Percentiles in Mitchell, SD
| Percentile | Mitchell |
|---|---|
| 10th Percentile | $56,088 |
| 25th Percentile | $71,504 |
| Median (50th) | $93,472 |
| 75th Percentile | $123,820 |
| 90th Percentile | $160,728 |
Actuary Salary in Other South Dakota Cities
How to Become a Actuary in Mitchell
Education
Most actuary positions require a bachelor's degree. Mitchell 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 Mitchell may vary based on local industry and population growth.