Actuary salary in Minnesota
Actuaries in Minnesota earn a median of $128,100 a year ($61.59 an hour), based on BLS data for 1,170 workers.
Pay ranges from $79,920 for the lowest-paid 10% to $223,300 for the top 10%. That is 1% lower than the national median of $130,000. Minnesota ranks 18th of 36 states for actuaries pay. There are 0.40 actuaries per 1,000 jobs here — the job is 2.3× more common than nationally. The average (mean) salary is $138,000, above the median because a few high earners pull it up.
Pay range for actuaries in Minnesota
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $79,920 | $38.42 |
| 25th percentile | $98,340 | $47.28 |
| Median | $128,100 | $61.59 |
| 75th percentile | $165,970 | $79.79 |
| 90th percentile (top earners) | $223,300 | $107.36 |
| Average (mean) | $138,000 | $66.35 |
Half of actuaries earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $10,675 |
| Semi-monthly (24 a year) | $5,337.50 |
| Biweekly (26 a year) | $4,926.92 |
| Weekly | $2,463.46 |
| Hourly | $61.59 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Actuary salary in cities in Minnesota
| Metro area | Median salary | Workers |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | $125,960 | 1,020 |
Highest-paying states for actuaries
| State | Median salary |
|---|---|
| Connecticut | $166,800 |
| District of Columbia | $166,230 |
| New York | $156,480 |
| New Jersey | $142,800 |
| Alabama | $136,950 |
| Arizona | $135,870 |
| Washington | $134,720 |
| Utah | $132,720 |
| Nevada | $132,370 |
| Florida | $132,110 |
Related jobs in Minnesota
| Job | Median salary | Hourly |
|---|---|---|
| Data Scientist | $128,800 | $61.92 |
| Operations Research Analyst | $95,550 | $45.94 |
| Software Developer | $130,050 | $62.52 |
| Computer User Support Specialist | $63,630 | $30.59 |
| Computer Systems Analyst | $106,350 | $51.13 |
| Network and Computer Systems Administrators | $101,870 | $48.98 |
| Computer Occupations, All Other | $91,750 | $44.11 |
| Computer Network Support Specialist | $76,000 | $36.54 |
| Information Security Analyst | $130,710 | $62.84 |
| Software Quality Assurance Analysts and Testers | $101,700 | $48.89 |
| Computer Programmer | $107,250 | $51.56 |
| Computer Network Architect | $133,270 | $64.07 |
| Web and Digital Interface Designers | $82,650 | $39.74 |
| Database Architect | $133,050 | $63.96 |
More: Computer and Mathematical Occupations · all salaries in Minnesota
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 15-2011. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a actuary make in Minnesota?
The median salary for actuaries in Minnesota is $128,100 a year, or $61.59 an hour. Pay ranges from $79,920 for the lowest-paid 10% to $223,300 for the top 10%.
How much do the highest-paid actuaries make in Minnesota?
The top 10% of actuaries in Minnesota earn at least $223,300 a year. The top 25% earn $165,970 or more.
What is the starting pay for actuaries in Minnesota?
Entry-level pay (the 10th percentile) is about $79,920 a year, and a quarter of actuaries earn $98,340 or less.
How many actuaries work in Minnesota?
About 1,170 actuaries are employed in Minnesota, not counting the self-employed.