Actuary Salary in Coon Rapids, MN: $127,974 (2026)
Quick Answer:A full-time actuary in Coon Rapids, MN earns a median $127,974/year (≈ $61.53/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Coon Rapids's price level (1% below national, BEA RPP 98.5), that paycheck buys what $129,923 would nationally. Nominal pay sits 3.2% below the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, the median annual salary for actuaries in Coon Rapids, Minnesota, is projected to be $127,974, which is slightly below the national median of $134,160. Local actuary salaries range from $78,468 at the 10th percentile to $198,360 at the 90th percentile, reflecting a wide variation in compensation in the field. These figures are derived from 2025 BLS data and adjusted for regional cost differences, highlighting the competitive landscape in the life, health, and pension specialties governed by the Society of Actuaries (SOA) versus the property and casualty sector driven by the Casualty Actuarial Society (CAS). For professionals exploring opportunities in Coon Rapids, understanding the job market dynamics and specialization can significantly influence their earning potential.
About the Coon Rapids Market
Salary estimated from Minnesota average ($128,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $78,468 | $37.73 |
| Lower Range (P25) | $96,041 | $46.17 |
| Median (P50)(typical) | $127,974 | $61.53 |
| Upper Range (P75) | $163,807 | $78.75 |
| Top Earners (P90) | $198,360 | $95.37 |
Median Salary Position
4.61% below the national average
2026 Salary Percentile Distribution in Coon Rapids
In Coon Rapids, MN, the actuary salary spread from the 10th to 90th percentile is $119,892 (2026 est.). At $127,974, the local median is 4.61% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Coon Rapids: You'd be in the lower-middle range
How Coon Rapids Actuary Pay Compares
Coon Rapids median: $127,974/year (2026)
| Compared To | Median Salary | Coon Rapids Pays |
|---|---|---|
| Minnesota Average | $132,205 | -3.20% less |
| National Average | $134,160 | -4.61% less |
Actuarys in Coon Rapids, MN earn a median of $127,974 per year (2026 est.), which is 4.61% lower than the national median of $134,160 and 3.20% below the Minnesota state average of $132,205.
Cost-of-Living Adjusted Salary
Coon Rapids has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Coon Rapids, MN has a cost-of-living index of 98.5 (below the national average of 100). A actuary earning $127,974 nominally has purchasing power equivalent to $129,923 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$103,354
2025 BLS Actual
$124,006
2026 Current Est.
$127,974
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Coon Rapids (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $103,354 | Actual |
| 2020 | $105,911 | Actual |
| 2021 | $101,017 | Actual |
| 2022 | $108,734 | Actual |
| 2023 | $114,467 | Actual |
| 2024 | $122,098 | Actual |
| 2025 | $124,006 | Actual |
| 2026(current) | $127,974 | Estimated |
| 2027 | $132,069 | Projected |
Based on 7 years of BLS OEWS data for the Coon Rapids metropolitan area, the median actuary salary grew 20.0% from $103,354 (2019) to $124,006 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $132,069 by 2027 — a total increase of $28,715 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Coon Rapids metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $78,468 – $96,041 |
| 3-5 years (Mid Career) | $96,041 – $127,974 |
| 5+ years (Experienced) | $127,974 – $163,807 |
| 10+ years (Top Earner) | $163,807 – $198,360 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Coon Rapids
The Coon Rapids job market employs approximately 10 actuaries, which suggests a close-knit community of professionals. With a cost-of-living index of 98.5, individuals in this market can enjoy a relatively affordable lifestyle, although this can temporarily impact take-home pay. Major employers such as UnitedHealth and Prudential tend to offer better compensation than smaller firms, particularly for actuaries with advanced credentials. The range in salaries can often be attributed to the progression through rigorous examinations, with each passing exam leading to potential salary increases of $3,000 to $8,000. Additionally, actuaries who hold an ASA designation may find that further advancement to FSA credentials opens doors to higher-paying positions, especially within consulting firms, which typically value advanced skills in predictive analytics and data science. Therefore, proactively pursuing credentials and networking locally can be effective strategies for maximizing actuary pay in Coon Rapids, MN.
More salary data for Coon Rapids, MN:
Frequently Asked Questions
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Written by Maria Chen, FSA, MAAA
Career Analyst
Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $124,006 for actuariesin the Coon Rapids metropolitan area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Coon Rapids is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov