The annual salary statistics of actuaries in Des Moines-West Des Moines, Iowa is shown in Table 1. The wage data of actuaries in Des Moines-West Des Moines is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $64,900 |
| 25th Percentile Wage | $77,810 |
| 50th Percentile Wage | $104,580 |
| 75th Percentile Wage | $134,960 |
| 90th Percentile Wage | $172,530 |
Table 1 shows the average annual salary for actuaries in Des Moines-West Des Moines, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $172,530. The median (50th percentile) annual salary is $104,580. The average annual salary for the bottom 10 percent earners is $64,900.
The table and chart below show the trend of the median salary of actuaries from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $104,580 | 5.01% | 19.11% |
| 2021 | $99,340 | -6.77% | - |
| 2020 | $106,070 | 6.90% | - |
| 2019 | $98,750 | 3.95% | - |
| 2018 | $94,850 | 2.35% | - |
| 2017 | $92,620 | 3.34% | - |
| 2016 | $89,530 | -0.89% | - |
| 2015 | $90,330 | 3.73% | - |
| 2014 | $86,960 | 5.27% | - |
| 2013 | $82,380 | -2.68% | - |
| 2012 | $84,590 | - | - |
From Table 3 we note that with a median annual salary of $104,580, Des Moines-West Des Moines is the second highest paying city for actuaries in state of Iowa, following the highest paying city Davenport-Moline-Rock Island (median annual salary of $110,850). Compared with Davenport-Moline-Rock Island, the median annual salary of actuaries in Des Moines-West Des Moines is 5.7 percent (5.7%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Davenport-Moline-Rock Island | |
| Des Moines-West Des Moines | |
| Cedar Rapids |