Actuary Salary in Iowa
Based on 530+ workers in Iowa
Median Annual Salary (IA)
$128,690
$61.87/hr
vs National Average
$124,781
+3.1% vs national median
Salary Range (10th–90th)
$82K – $173K
530 employed in Iowa
Actuaries in Iowa earn a median salary of $128,690 per year, which is 3% above the national average. With approximately 530 actuaries currently employed in the state, Iowa offers competitive compensation for professionals in this field. Salaries typically range from $81,610 to $173,480 annually, reflecting the variation based on experience and specialization.
Actuary salary in Iowa is influenced by several factors including years of professional experience, completed actuarial exams, employer size, and industry specialization. Insurance companies, pension funds, and consulting firms may offer different compensation packages. Additionally, geographic location within Iowa and individual credentials impact earning potential, with more credentialed actuaries and those in larger organizations generally commanding higher salaries.
Salary Distribution — Actuary in Iowa
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $81,610 |
| 25th percentile | $99,680 |
| Median (50th percentile) | $128,690 |
| 75th percentile | $154,270 |
| 90th percentile | $173,480 |
Top-Paying Industries for Actuary (U.S.)
Which industries pay Actuarys the most — nationwide figures (industry-level data is not available by state). Actuarys in Iowa tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Other Services (except Public Administration) | $175,980 | 50 |
| Finance and Insurance | $131,450 | 20K |
| Management of Companies and Enterprises | $129,810 | 1K |
| Government (excl. schools, hospitals & USPS) | $129,650 | 850 |
| Professional, Scientific, and Technical Services | $124,130 | 4K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Actuary in Iowa vs National
| Year | Median Salary (Iowa) |
|---|---|
| 2022 | $103,580 |
| 2023 | $119,790 |
| 2024 | $129,870 |
| 2025 | $128,690 |
| 2026 (projected) | $128,690 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Iowa Median | National Median |
|---|---|---|
| 2022 | $103,580 | $112,138 |
| 2023 | $119,790 | $112,820 |
| 2024 | $129,870 | $121,524 |
| 2025 | $128,690 | $124,781 |
| 2026 (projected) | $128,690 | $124,781 |
Actuary Salary by Experience Level in Iowa
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $99,680 |
| Mid-level | 3-5 yrs | $128,690 |
| Senior | 6-9 yrs | $154,270 |
| Staff / Lead | 10+ yrs | $173,480 |
Actuary Salary in Other States
Related Actuary Salaries in Iowa
How other high-demand occupations in Iowa compare to Actuary ($128,690 median).
| Occupation | Median Salary | vs Actuary | Hourly |
|---|---|---|---|
| Financial Manager in IA | $133,320 | +3.6% | $64.10/hr |
| Economist in IA | $96,310 | -25.2% | $46.30/hr |
| Financial Analyst in IA | $92,370 | -28.2% | $44.41/hr |
| Personal Financial Advisor in IA | $92,310 | -28.3% | $44.38/hr |
| Budget Analyst in IA | $86,550 | -32.7% | $41.61/hr |
| Loan Officer in IA | $83,670 | -35.0% | $40.23/hr |
| Financial Examiner in IA | $80,370 | -37.5% | $38.64/hr |
| Tax Examiner in IA | $79,390 | -38.3% | $38.17/hr |
| Accountant in IA | $77,440 | -39.8% | $37.23/hr |
| Credit Analyst in IA | $76,760 | -40.4% | $36.90/hr |
| Compliance Officer in IA | $75,620 | -41.2% | $36.36/hr |
| Securities Sales Agent in IA | $64,290 | -50.0% | $30.91/hr |
Frequently Asked Questions
How much do actuaries make in Iowa?
- The median salary for actuaries in Iowa is $128,690 per year, or $62 per hour. This is 3.1% higher than the national average, making Iowa a competitive market for actuaries.
What is the salary range for actuaries in Iowa?
- Actuaries in Iowa earn between $81,610 and $173,480 annually, depending on experience and qualifications. This wide range shows significant earning potential as actuaries advance in their careers.
How many actuaries work in Iowa?
- There are approximately 530 actuaries currently employed in Iowa. This represents a stable workforce in the state's actuarial profession.
Is the actuary salary in Iowa above the national average?
- Yes, Iowa's median actuary salary of $128,690 is 3.1% above the national average. This makes Iowa an attractive state for actuaries seeking competitive compensation.