Actuary Salary in River Falls, WI: $118,074 (2026)
Quick Answer:A full-time actuary in River Falls, WI earns a median $118,074/year (≈ $56.77/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 15-2011). Once you factor in River Falls's price level (7% below national, BEA RPP 93.4), that paycheck buys what $126,418 would nationally. Nominal pay sits 5.8% below the Wisconsin state average.
Based on BLS state-level estimates · View source
In River Falls, Wisconsin, actuaries can anticipate a median annual salary of $118,074 in 2026, which falls short of the national median of $134,160. The local salary range offers a spectrum from $71,842 at the 10th percentile to $183,015 at the 90th percentile, reflecting varying expertise and specialization levels. These estimates, derived from 2025 BLS data and adjusted for regional price parities, indicate the presence of an actuarial community where professionals are engaged primarily in life, health, and pension sectors or property and casualty fields. With the growth rate projected at 3.20%, River Falls presents a stable operating environment for actuaries looking to build their careers.
About the River Falls Market
Salary estimated from Wisconsin average ($122,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $71,842 | $34.54 |
| Lower Range (P25) | $92,272 | $44.37 |
| Median (P50)(typical) | $118,074 | $56.77 |
| Upper Range (P75) | $151,135 | $72.66 |
| Top Earners (P90) | $183,015 | $87.99 |
Median Salary Position
11.99% below the national average
2026 Salary Percentile Distribution in River Falls
In River Falls, WI, the actuary salary spread from the 10th to 90th percentile is $111,173 (2026 est.). At $118,074, the local median is 11.99% below the national median of $134,160.
Salary Calculator
At 40 hours/week in River Falls: You'd be in the lower-middle range
How River Falls Actuary Pay Compares
River Falls median: $118,074/year (2026)
| Compared To | Median Salary | River Falls Pays |
|---|---|---|
| Wisconsin Average | $125,344 | -5.80% less |
| National Average | $134,160 | -11.99% less |
Actuarys in River Falls, WI earn a median of $118,074 per year (2026 est.), which is 11.99% lower than the national median of $134,160 and 5.80% below the Wisconsin state average of $125,344.
Cost-of-Living Adjusted Salary
River Falls has a cost of living 6.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
River Falls, WI has a cost-of-living index of 93.4 (below the national average of 100). A actuary earning $118,074 nominally has purchasing power equivalent to $126,418 in an average-cost city — an effective 7.07% boost.
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2019 BLS Actual
$95,359
2025 BLS Actual
$114,413
2026 Current Est.
$118,074
2019–2027 Growth
+27.8%
Salary Trajectory for Actuaries in River Falls (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $95,359 | Actual |
| 2020 | $97,718 | Actual |
| 2021 | $93,203 | Actual |
| 2022 | $100,323 | Actual |
| 2023 | $105,612 | Actual |
| 2024 | $107,372 | Actual |
| 2025 | $114,413 | Actual |
| 2026(current) | $118,074 | Estimated |
| 2027 | $121,853 | Projected |
Based on 7 years of BLS OEWS data for the River Falls metropolitan area, the median actuary salary grew 20.0% from $95,359 (2019) to $114,413 (2025). At a 3.20% compound annual growth rate, salaries are projected to reach $121,853 by 2027 — a total increase of $26,494 (27.78%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the River Falls 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) | $71,842 – $92,272 |
| 3-5 years (Mid Career) | $92,272 – $118,074 |
| 5+ years (Experienced) | $118,074 – $151,135 |
| 10+ years (Top Earner) | $151,135 – $183,015 |
ASA, FSA salary ranges estimated from BLS percentile data. Individual actuary compensation varies by employer, certifications, and specialization.
Actuary Job Market in River Falls
Despite relatively modest salaries, River Falls boasts a competitive job market with only five existing actuaries, suggesting a blend of demand and opportunity for incoming professionals. The cost of living index in the area is 93.4, which is below the national average of 100, meaning take-home pay offers more purchasing power locally. Employers like Prudential and MetLife tend to pay the highest amongst life insurance companies, while State Farm and Progressive lead in property and casualty insurance. Factors driving salary variance include the exam progression; each passed exam typically results in salary increases between $3,000 and $8,000. Additionally, those achieving Fellowship (FSA/FCAS) can expect to see a pronounced jump in earnings. For aspiring actuaries in River Falls, focusing on predictive analytics, completing exams promptly, and targeting firms with robust benefits for credential completion can enhance overall salary potential.
More salary data for River Falls, WI:
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 $114,413 for actuariesin the River Falls 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 River Falls 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