Actuary Salary in Rapid City, South Dakota
The median actuary salary in Rapid City, SD is $102,591 per year, which is 10% below the national median and 2.3% above the South Dakota state average.
Actuary Pay in Rapid City: What to Expect (2026)
Rapid City offers a median actuary salary of $102,591, which is $2,280 above the South Dakota state average of $100,311. Compared to the national median of $113,990, Rapid City pays below the national benchmark for this role.
Rapid City's cost of living is 90% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for actuarys in Rapid City spans from $61,560 at the 10th percentile to $176,409 at the 90th percentile — a $114,849 spread. Entry-level professionals start around $63,000, while senior actuarys with 8+ years of experience can earn up to $157,500. Rapid City is a smaller market (pop. 74,703), which may mean fewer openings but also less competition for available positions.
Actuary Salary in Rapid City by Experience
In Rapid City, an entry-level actuary earns around $63,000, while experienced professionals earn up to $157,500 per year. The local cost of living index is 90% of the national average.
Salary Percentiles in Rapid City, SD
| Percentile | Rapid City |
|---|---|
| 10th Percentile | $61,560 |
| 25th Percentile | $78,480 |
| Median (50th) | $102,591 |
| 75th Percentile | $135,900 |
| 90th Percentile | $176,409 |
Actuary Salary in Other South Dakota Cities
How to Become a Actuary in Rapid City
Education
Most actuary positions require a bachelor's degree. Rapid City and the surrounding South Dakota area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in Rapid City may vary based on local industry and population growth.
Find Actuary Jobs in Rapid City
Browse open actuary positions in Rapid City, SD: