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Actuaries Salary in Minnesota
Last updated: 2025 BLS data · Page refreshed:
How much do Actuaries make in Minnesota?
Last updated: 2025 data from the Bureau of Labor Statistics
$128,100
Median Annual Salary
▲
+17.3% vs 2024
$138,000
Mean Salary
$128,100
Median Salary
$61.59
Hourly Rate
1,170 people work as Actuaries in Minnesota
Actuaries salary by percentile in Minnesota
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Actuaries in Minnesota earn a median salary of $128,100 per year ($10,675/month).
This is 2.7% above the national average of $124,781.
Minnesota ranks #18 out of 36 states for Actuaries pay.
Approximately 1,170 people work in this occupation across Minnesota.
Salaries increased by 17.3% compared to 2024.
About This Job: Actuaries
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
Top Skills
Reading Comprehension
4.25
Mathematics
4.25
Critical Thinking
4.25
Judgment and Decision Making
4.25
Active Listening
4.0
Key Knowledge Areas
Mathematics
4.93
Computers and Electronics
3.96
Economics and Accounting
3.78
English Language
3.7
Law and Government
3.0
Typical Education: Bachelor's Degree
(78.6% of workers)
Salaries for Actuaries in Minnesota range from $79,920 at the 10th percentile (entry level) to $223,300 at the 90th percentile (experienced). The middle 50% earn between $98,340 and $165,970.
The median annual salary for Actuaries in Minnesota is $128,100 as of 2025. The average (mean) salary is $138,000.
What is the salary range for a Actuaries in Minnesota?
Salaries for Actuaries in Minnesota range from $79,920 at the 10th percentile to $223,300 at the 90th percentile. The middle 50% earn between $98,340 and $165,970.
What is the starting salary for a Actuaries in Minnesota?
Entry-level Actuaries positions in Minnesota typically start around $79,920 (10th percentile). With some experience, salaries rise to $98,340 (25th percentile).
How many people work as Actuaries in Minnesota?
According to 2025 BLS data, approximately 1,170 people are employed as Actuaries in Minnesota.
What is the hourly rate for a Actuaries in Minnesota?
Based on a standard 2,080-hour work year, the median hourly rate for a Actuaries in Minnesota is approximately $61.59 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.
Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.
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