Minnesota Median
$128,100
per year
Hourly Rate
$61.59
based on 2,080 hrs/yr
vs National
-1% vs US median
US median $130,000
State Rank
#18 of 36
1,170 employed here
How much does an Actuary make in Minnesota?
An Actuary working in Minnesota earns a median salary of $128,100 per year, or about $61.59 per hour. That is 1% below the national median of $130,000 for this occupation.
Within Minnesota, entry-level pay starts around $79,920 while the top 10% make $223,300 or more. The middle 50% of earners fall between $98,340 and $165,970 a year.
Actuary salary range in Minnesota
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $79,920 | $38.42 |
|
| 25th percentile (early career) | $98,340 | $47.28 |
|
| 50th percentile (median) | $128,100 | $61.59 |
|
| 75th percentile (experienced) | $165,970 | $79.79 |
|
| 90th percentile (top earners) | $223,300 | $107.36 |
|
How Minnesota compares
Minnesota ranks 18th out of 36 states and territories for Actuary pay. The top 5 best-paying states:
Actuary salary in other states
Connecticut $166,800District of Columbia $166,230New York $156,480New Jersey $142,800Alabama $136,950Arizona $135,870Washington $134,720Utah $132,720Nevada $132,370Florida $132,110Virginia $131,900Wisconsin $131,640California $130,510Oregon $130,380Missouri $129,220North Carolina $128,730Iowa $128,690Maryland $126,950Massachusetts $126,040Pennsylvania $125,040Kansas $125,010Colorado $120,440Kentucky $120,400Maine $119,620Illinois $115,430Rhode Island $111,090Ohio $110,980Oklahoma $109,760Tennessee $108,930Mississippi $106,210Texas $105,020Nebraska $102,790Indiana $100,690Michigan $100,640Louisiana $80,860
Working as an Actuary in Minnesota
Nationally, about 27,000 people work as Actuaries in the United States. A bachelor's degree (about 4 years of college) is the standard entry requirement.
Considering a move? Compare Minnesota pay ($128,100) against the highest-paying state above, and weigh the difference against housing and everyday costs — a smaller paycheck in a cheaper state can stretch further.
Frequently asked questions
How much does an Actuary make in Minnesota?
The median Actuary salary in Minnesota is $128,100 per year, or about $61.59 per hour, per official BLS state wage estimates. Salaries typically range from $79,920 at the entry level to $223,300 for the top 10% of earners.
How does Minnesota pay compare to the national average?
Minnesota pays Actuaries about 1% less than the national median of $130,000. Minnesota ranks 18th out of 36 states and territories reporting this occupation.
Is Minnesota a good state for Actuaries?
Pay runs below the national median here, at $128,100 a year. About 1,170 Actuaries are employed in Minnesota. A lower cost of living can offset the smaller paycheck, so compare take-home value, not just salary.
What are the highest-paying jobs in Minnesota?
The highest-paying occupations in Minnesota include Radiologist ($708,340), Dermatologist ($625,790), Surgeon, All Other ($568,150), based on median annual pay in official BLS state estimates.
← See the national Actuary salary report
Related salaries
$134,050
median pay · 180,000 employed
$120,230
median pay · 262,000 employed
$100,390
median pay · 92,000 employed
$140,300
median pay · 37,000 employed
$99,130
median pay · 314,000 employed
$104,300
median pay · 187,000 employed
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). State figures are official BLS state-level wage estimates. Where BLS suppresses a state percentile, it is scaled from the official national distribution. Individual pay varies by employer, metro area, and experience.