Actuaries in Minnesota
Get the information you need to know about working as an Actuary.
You’re in luck! Jobs for Actuaries in Minnesota are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Actuaries in Minnesota is growing faster than average.
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Actuaries in Minnesota earn higher salaries than the typical U.S. wage earner.
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How Many Actuaries Work in Minnesota?
520 people worked as Actuaries in 2018 in this state.
There were 330 Actuaries employed in this state in 2017.
That’s growth of 190 jobs between 2017 and 2018.
The typical state has 330 Actuaries working in it, which means Minnesota has more Actuaries than average.
Job Projections for Minnesota
Jobs for Actuaries in this state are growing at a rate of 20.9% which is slower than the nationwide estimated projection of 22.5%.
Minnesota Annual Job Openings
The BLS is projecting 40 annual Actuaries job openings in Minnesota, and 520 total jobs in the year 2026.
Nationwide, the prediction is 2,100 annual jobs and 28,900 total jobs in 2026.
What do Actuaries Make in Minnesota?
In 2018 wages for Actuaries ranged from $67,260 to $181,720 with $101,190 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $32.34 to $87.37. The median hourly rate was $48.65.
The median salary in Minnesota is higher than the nationwide median salary.
Top Minnesota Metros for Actuaries
The table below shows some of the metros in this state with the most Actuaries.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | 500 | $101,520 |
Top States for Actuaries Employment
View the list below to see where most Actuaries work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| New York | 2,320 | $131,510 |
| Illinois | 1,950 | $98,810 |
| Pennsylvania | 1,610 | $103,870 |
| Ohio | 1,560 | $94,000 |
| California | 1,410 | $114,290 |
| Massachusetts | 1,260 | $100,970 |
| Texas | 1,000 | $93,670 |
| Connecticut | 980 | $115,130 |
| Wisconsin | 690 | $97,180 |
| Florida | 600 | $100,450 |
| New Jersey | 540 | $101,280 |
| Iowa | 530 | $98,180 |
| Minnesota | 520 | $101,190 |
| Maryland | 470 | $92,820 |
| Nebraska | 390 | $87,890 |
| Missouri | 380 | $84,500 |
| Washington | 360 | $124,610 |
| Kansas | 330 | $101,120 |
| North Carolina | 230 | $110,510 |
| Indiana | 210 | $93,010 |
Below are the states where Actuaries get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $131,510 |
| District of Columbia | $126,060 |
| Washington | $124,610 |
| New Hampshire | $116,790 |
| Connecticut | $115,130 |
| Colorado | $114,660 |
| California | $114,290 |
| North Carolina | $110,510 |
| Mississippi | $109,140 |
| Maine | $107,180 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By QWFP under License
More about our data sources and methodologies.
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