How to Become a Actuaries in Iowa
Actuaries in Iowa earn a median salary of $129,870/year, which is 3% above the national average. Iowa has a state income tax of ~5.4%. After taxes and rent, a actuaries takes home approximately $6,300/month. Most positions require Bachelor's degree.
What a actuaries can afford in Iowa
Becoming a actuaries in Iowa
Meet education requirements
Actuaries positions in Iowa typically require Bachelor's degree. Programs are available at colleges and training institutions across Iowa. Research accredited programs in your area.
Gain required experience
Many actuaries positions in Iowa require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Iowa licensure or certification
Iowa may require specific licensing or professional certification for actuariess. Requirements vary by state — contact the Iowa Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Iowa
Iowa employs 650 actuaries. The highest concentrations are in Des Moines-West Des Moines and Davenport-Moline-Rock Island.
Actuaries salary by metro area in Iowa
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Des Moines-West Des Moines | $131K | $63.2/hr | 520 |
| Davenport-Moline-Rock Island | $120K | $57.46/hr | 30 |
Actuaries salary range in Iowa
Actuaries careers in other states
Frequently asked questions
How much does a actuaries make in Iowa?▼
The median actuaries salary in Iowa is $129,870 per year ($62.44/hr). This is 3% above the national median of $125,770. Salaries range from $79,140 to $184,040.
What are the requirements to become a actuaries in Iowa?▼
Actuaries positions in Iowa typically require Bachelor's degree. Iowa may have specific licensing or certification requirements. Check with the Iowa licensing board or department of labor for current requirements.
Can a actuaries afford to live in Iowa?▼
At the median salary of $129,870, a actuaries in Iowa would take home approximately $7,712/month after taxes. With median 2-bedroom rent at $1,412/month, that's 18.3% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for actuaries in Iowa?▼
The highest paying metro areas for actuaries in Iowa are Des Moines-West Des Moines ($131,460), Davenport-Moline-Rock Island ($119,520). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Iowa have state income tax for actuaries?▼
Yes, Iowa has a state income tax rate of approximately 5.4%. On a $129,870 salary, this means roughly $6,977/year in state income tax. Use our take-home pay calculator for a detailed breakdown.