Actuary Pay

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.

$133,762
Median Annual Salary
$64.30/hr
Median Hourly Rate
$80,647
Entry Level (P10)
$207,331
Top Earners (P90)

Based on BLS state-level estimates · View source

Actuary Salary in Eden Prairie, MN — 2026 est., based on 2025 BLS
Eden Prairie, MN actuary salary overview (2026 est., based on 2025 BLS)

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

PercentileAnnualHourly
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

$80,647$207,331
City Median: $133,762
National: $134,160
P10–P90 Range

0.3% below the national average

2026 Salary Percentile Distribution in Eden Prairie

Vertical bar chart of 10th through 90th percentile salaries for actuarys in Eden Prairie. The median salary is $133,762, compared to the national median of $134,160.$72.6K$108.9K$145.1K$181.4K$217.7K$80.6K10th Pctl$99.5K25th Pctl$133.8KMedian$171.2K75th Pctl$207.3K90th PctlUS Median$134.2K

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.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of actuary pay in the Eden Prairie metro area.

Salary Calculator

8 hrs (1 day)24 hrs (3 days)40 hrs (full-time)
$2,572
per week
$11,146
per month
$133,752
per year

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 ToMedian SalaryEden Prairie Pays
Minnesota Average$132,176+1.20% more
National Average$134,160-0.30% less
Horizontal bar chart comparing actuary median salary in Eden Prairie ($133,762) with Minnesota average ($132,176) and the US national median ($134,160).Eden Prairie$133,762Minnesota Avg$132,176+1.20%US National$134,160-0.30%

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

$133,762
Nominal Salary
98.5
CoL Index
$135,799
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.

The nominal salary is $133,762. After adjusting for a cost-of-living index of 98.5, the purchasing-power equivalent is $135,799, a gain of $2,037.$113.7K$124.3K$134.9K$145.6K$156.2K$133,762NominalSalary$135,799CoL Adjusted(CoL: 98.5) 1.52%US Median $134.2K

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 (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.

BLS Actual Estimated Projected
Salary trajectory chart for actuaries in Eden Prairie. Baseline $108,028 in 2025, projected to $138,042 by 2027.$99.1K$110.5K$121.8K$133.2K$144.5K2019202020212022202320242025202620272025 BLS$108.0K$110.7K$105.6K$113.7K$119.6K$127.6K$129.6K$133.8K$138.0K
YearAnnual SalaryStatus
2019$108,028Actual
2020$110,700Actual
2021$105,586Actual
2022$113,652Actual
2023$119,644Actual
2024$127,620Actual
2025$129,614Actual
2026(current)$133,762Estimated
2027$138,042Projected

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 (20192025) are actual BLS OEWS figures for the Eden Prairie metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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

ExperienceEstimated 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.

Frequently Asked Questions

How much do actuaries make in Eden Prairie, MN in 2026?

The estimated 2026 median actuary salary in Eden Prairie is $133,762/year ($64.30/hour), based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). Salaries range from $80,647 at entry level (10th percentile) to $207,331 for experienced top earners (90th percentile). This puts Eden Prairie at 0.3% below the national median. Full-time actuaries typically work 2,080 hours per year, though many positions offer part-time schedules with flexible hours across multiple practices.

Is Eden Prairie, MN a good place to work as a actuary?

Eden Prairie actuary salaries are 0.3% below the national average and 1.2% above the Minnesota state average. The metro area employs approximately 11 actuaries. With a cost-of-living index of 98.5, your salary stretches further here than in higher-cost metros. Job availability depends on population density, the number of practices, and retirement turnover in the area.

Can actuaries make $100K in Eden Prairie?

Yes — the median actuary salary in Eden Prairie is already $133,762, meaning more than half of actuaries here earn six figures. Top earners (90th percentile) make $207,331/year. Factors that push pay above $100K include years of experience, specialty certifications, and working at high-production practices or large organizations.

What is the cost-of-living adjusted actuary salary in Eden Prairie?

After adjusting for Eden Prairie's cost-of-living index of 98.5 (where 100 equals the national average), the $133,762 nominal salary has purchasing power equivalent to $135,799 in an average-cost city. This means your dollar goes 1.5% further in Eden Prairie compared to the national average, making it an attractive location for actuaries seeking strong real wages.

How much does a actuary make per hour in Eden Prairie?

Actuaries in Eden Prairie earn a median hourly rate of $64.30, which translates to approximately $133,762/year for full-time work (40 hours/week, 2,080 hours/year). Hourly rates range from $38.77 for entry-level positions to $99.68 for the most experienced practitioners. Part-time and per diem actuaries sometimes command premium hourly rates because practices need flexible scheduling coverage.

Related Pages

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MC

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.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

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).

View estimation methodology

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

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