Actuary Salary in Farmington
Analyzes financial costs of risk and uncertainty using mathematics, statistics, and financial theory.
Farmington ranks #154 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $593 below the national average.
Farmington vs National Average
| Level | This Metro | National Avg | Difference | % Change |
|---|---|---|---|---|
| Level I (Entry) | $79,539 | $80,132 | $-593 | -0.7% |
| Level II | $107,120 | $104,342 | +$2,778 | +2.7% |
| Level III (Mid) | $134,722 | $128,553 | +$6,169 | +4.8% |
| Level IV (Senior) | $162,302 | $152,762 | +$9,540 | +6.2% |
Other metros in New Mexico
| Metro Area | Level I | Level IV | Average |
|---|---|---|---|
| Albuquerque | $79,539 | $162,302 | $134,992 |
| Las Cruces | $79,539 | $162,302 | $134,992 |
| Santa Fe | $79,539 | $162,302 | $134,992 |
| Northern New Mexico | $79,539 | $162,302 | $134,992 |
| Eastern New Mexico | $79,539 | $162,302 | $134,992 |
Frequently Asked Questions
What is the average actuary salary in Farmington?
The average actuary salary in Farmington is $134,992 per year, based on U.S. Department of Labor employer survey data. This places Farmington at rank #154 out of 530 U.S. metro areas surveyed.
What do entry-level actuarys earn in Farmington?
Entry-level actuarys (Level I) in Farmington earn $79,539 per year. Level II (early career) earns $107,120, reflecting growing independence and experience.
How does Farmington compare to the national average for actuary salaries?
Farmington ranks #154 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $593 below the national average. The national average actuary salary is $128,794, while Farmington workers average $134,992 — a difference of +5% overall.
Data source: Salary data sourced from the U.S. Department of Labor Occupational Employment and Wage Statistics (OEWS) program, which surveys employers nationwide to collect wage data by occupation and geography. The four experience levels reflect DOL standardized tiers. Data reflects the most recently published survey cycle. SOC code: 15-2011.