Actuary Salary in Mankato
Analyzes financial costs of risk and uncertainty using mathematics, statistics, and financial theory.
Mankato ranks #351 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $4,004 above the national average.
Mankato vs National Average
| Level | This Metro | National Avg | Difference | % Change |
|---|---|---|---|---|
| Level I (Entry) | $84,136 | $80,132 | +$4,004 | +5.0% |
| Level II | $103,896 | $104,342 | $-446 | -0.4% |
| Level III (Mid) | $123,656 | $128,553 | $-4,897 | -3.8% |
| Level IV (Senior) | $143,416 | $152,762 | $-9,346 | -6.1% |
Other metros in Minnesota
| Metro Area | Level I | Level IV | Average |
|---|---|---|---|
| Fargo | $79,539 | $162,302 | $134,992 |
| Grand Forks | $79,539 | $162,302 | $134,992 |
| Sioux Falls | $79,539 | $162,302 | $134,992 |
| Rochester | $86,798 | $158,662 | $134,950 |
| La Crosse-Onalaska | $85,322 | $155,022 | $132,018 |
Frequently Asked Questions
What is the average actuary salary in Mankato?
The average actuary salary in Mankato is $123,864 per year, based on U.S. Department of Labor employer survey data. This places Mankato at rank #351 out of 530 U.S. metro areas surveyed.
What do entry-level actuarys earn in Mankato?
Entry-level actuarys (Level I) in Mankato earn $84,136 per year. Level II (early career) earns $103,896, reflecting growing independence and experience.
How does Mankato compare to the national average for actuary salaries?
Mankato ranks #351 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $4,004 above the national average. The national average actuary salary is $128,794, while Mankato workers average $123,864 — a difference of -4% 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.