Actuary Salary in Eden Prairie, MN: $133,762 (2026)
Quick Answer:A full-time actuary in Eden Prairie, MN earns a median $133,762/year (≈ $64.30/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in Eden Prairie's price level (1% below national, BEA RPP 98.5), that paycheck buys what $135,799 would nationally. Nominal pay sits 1.2% above the Minnesota state average.
Based on BLS state-level estimates · View source

In 2026, actuaries in Eden Prairie, Minnesota, are projected to earn a median annual salary of $133,762, slightly below the national median of $134,160. The local salary range for this role extends from $80,647 at the 10th percentile to $207,331 at the 90th percentile, illustrating a wide spectrum based on experience and specialization. These estimates, derived from 2025 BLS data and adjusted for regional cost differentials, reflect the vibrant job market in Eden Prairie, where actuarial professionals are primarily employed in consulting firms like Milliman and Mercer, as well as major insurers. Given the city's emphasis on consulting and the potential financial rewards for actuaries at the Fellowship (FSA) level, those seeking career advancement may find significant opportunities in Eden Prairie.
About the Eden Prairie Market
Salary estimated from Minnesota average ($128,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $80,647 | $38.77 |
| Lower Range (P25) | $99,460 | $47.81 |
| Median (P50)(typical) | $133,762 | $64.30 |
| Upper Range (P75) | $171,215 | $82.31 |
| Top Earners (P90) | $207,331 | $99.68 |
Median Salary Position
0.3% below the national average
2026 Salary Percentile Distribution in Eden Prairie
In Eden Prairie, MN, the actuary salary spread from the 10th to 90th percentile is $126,684 (2026 est.). At $133,762, the local median is 0.3% below the national median of $134,160.
Salary Calculator
At 40 hours/week in Eden Prairie: You'd be in the lower-middle range
How Eden Prairie Actuary Pay Compares
Eden Prairie median: $133,762/year (2026)
| Compared To | Median Salary | Eden Prairie Pays |
|---|---|---|
| Minnesota Average | $132,176 | +1.20% more |
| National Average | $134,160 | -0.30% less |
Actuarys in Eden Prairie, MN earn a median of $133,762 per year (2026 est.), which is 0.30% lower than the national median of $134,160 and 1.20% above the Minnesota state average of $132,176.
Cost-of-Living Adjusted Salary
Eden Prairie 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.
Eden Prairie, MN has a cost-of-living index of 98.5 (below the national average of 100). A actuary earning $133,762 nominally has purchasing power equivalent to $135,799 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$108,028
2025 BLS Actual
$129,614
2026 Current Est.
$133,762
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in Eden Prairie (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $108,028 | Actual |
| 2020 | $110,700 | Actual |
| 2021 | $105,586 | Actual |
| 2022 | $113,652 | Actual |
| 2023 | $119,644 | Actual |
| 2024 | $127,620 | Actual |
| 2025 | $129,614 | Actual |
| 2026(current) | $133,762 | Estimated |
| 2027 | $138,042 | Projected |
Based on 7 years of BLS OEWS data for the Eden Prairie metropolitan area, the median actuary salary grew 20.0% from $108,028 (2019) to $129,614 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $138,042 by 2027 — a total increase of $30,014 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Eden Prairie 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) | $80,647 – $99,460 |
| 3-5 years (Mid Career) | $99,460 – $133,762 |
| 5+ years (Experienced) | $133,762 – $171,215 |
| 10+ years (Top Earner) | $171,215 – $207,331 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in Eden Prairie
The job market for actuaries in Eden Prairie shows strength, with only 11 actuaries currently employed in the area. While that's a small number, it suggests a competitive edge for qualified candidates amid decent pay relative to the cost of living index of 98.5. This index indicates lower living expenses, enhancing the purchasing power of salaries earned here. Among local employers, consulting firms typically offer higher compensation than traditional insurance companies, emphasizing the value of credentials and exam progression. Candidates who complete more advanced credentials like FSA or FCAS often command salaries at the higher end of the spectrum. Skills in predictive analytics or data science further boost attractiveness to potential employers, providing pathways to maximize actuarial pay in Eden Prairie, MN.
More salary data for Eden Prairie, 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 $129,614 for actuariesin the Eden Prairie 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 Eden Prairie 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