Actuary salary in Minnesota

Official occupation: 15-2011 Actuaries · Reference period May 2025 · Data updated · Confidence 75/100

The median actuary in Minnesota earns $128,100 a year, within 3% of the United States figure of $130,000.

It ranks 18th of 36 states with a published figure.

Pay is widely spread: the top 10% earn at least $223,300, 2.8 times the $79,920 that marks the bottom 10%.

Minnesota has 1,170 of these jobs, a location quotient of 2.32: the role is 132% more concentrated here than nationally.

For context, the median across all occupations in Minnesota is $56,920, so this role pays 2.3 times the local typical wage.

Published figures

Published and derived pay figures
MeasureMinnesotaNational
Median annual pay Observed$128,100United States: $130,000
Mean annual pay Observed$138,000United States: $141,480
10th percentile Observed$79,920United States: $78,570
25th percentile Observed$98,340United States: $97,680
75th percentile Observed$165,970United States: $170,650
90th percentile Observed$223,300United States: $215,100
Median hourly pay Observed$61.59United States: $62.50
Employment (jobs) Observed1,170
Jobs per 1,000 employees Observed0.398
Location quotient Observed2.32
Difference from United States median ($130,000) Derived−1%
Rank among 36 states Derived18
Ratio to Minnesota all-occupation median ($56,920) Derived2.25×
90th / 10th percentile ratio Derived2.79

Nearby in the ranking

  1. 16. North Carolina$128,730
  2. 17. Iowa$128,690
  3. 18. Minnesota$128,100
  4. 19. Maryland$126,950
  5. 20. Massachusetts$126,040

Largest cities in Minnesota: Minneapolis, Saint Paul, Rochester, Bloomington, Duluth (GeoNames). Figures are for the whole state, not individual cities.

More pay data

Source, method and data quality

  • Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 (Public domain (U.S. Government work)). Reference period: May 2025. Updates: Yearly (spring release).
  • Observed figures are copied from the published table without adjustment. Derived figures (rankings, ratios and differences) are calculated by us from those observed figures. No figure on this page is modeled or estimated.
  • Relative standard error (PRSE) published per estimate.
  • Confidence score: 75/100. Based on the published sampling error and job count. We only publish region pages scoring 60 or more that have at least 6 observed figures.
  • Place hierarchy from GeoNames (CC BY 4.0). Data last updated: .
  • Full method: methodology.