Actuary Salary in Rapid City
Analyzes financial costs of risk and uncertainty using mathematics, statistics, and financial theory.
Rapid City ranks #170 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $593 below the national average.
Rapid City 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 South Dakota
| Metro Area | Level I | Level IV | Average |
|---|---|---|---|
| West South Dakota | $164,778 | $334,984 | $278,824 |
| East South Dakota | $79,539 | $162,302 | $134,992 |
Frequently Asked Questions
What is the average actuary salary in Rapid City?
The average actuary salary in Rapid City is $134,992 per year, based on U.S. Department of Labor employer survey data. This places Rapid City at rank #170 out of 530 U.S. metro areas surveyed.
What do entry-level actuarys earn in Rapid City?
Entry-level actuarys (Level I) in Rapid City earn $79,539 per year. Level II (early career) earns $107,120, reflecting growing independence and experience.
How does Rapid City compare to the national average for actuary salaries?
Rapid City ranks #170 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 Rapid City 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.