Actuary Hourly Pay in Dothan, AL: $55.51 (2026)
Quick Answer:Hourly pay for a actuary working in Dothan, AL runs $55.51 at the median for 2026 — annualizing to $115,463 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Dothan's regional price level (BEA RPP 87.9, 12% below national), each hour of work buys what $63.15 nationally would. A 24-hour part-time schedule grosses $69,278 per year.
Based on BLS state-level estimates · View source
In Dothan, Alabama, the estimated actuary hourly pay stands at $55.51 for 2026, notably lower than the national median hourly rate of $64.50. This discrepancy implies a unique set of dynamics for actuaries in the region, especially those considering part-time or per-diem opportunities. Actuaries often work in settings such as insurance company actuarial pricing departments and consulting firms, where part-time roles could translate to earnings of around $1,500 weekly for a 24-hour work schedule, making it feasible for professionals seeking flexibility. For those just starting their careers, hourly pay can begin at approximately $33.32, while top earners in the field can command up to $86.04 per hour. Each of these rates is derived from projected annual salaries, reflecting the varied responsibilities and functions of actuaries in Dothan.
About the Dothan Market
Salary estimated from Alabama average ($108,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $33.32 | $266.59 |
| Lower Range (P25) | $41.17 | $329.33 |
| Median (P50) | $55.51 | $444.09 |
| Upper Range (P75) | $71.05 | $568.43 |
| Top Earners (P90) | $86.04 | $688.30 |
Estimated Annual Income by Work Schedule in Dothan
Based on $55.51/hr median hourly rate · 2026 est.
At $55.51/hr, a actuary working full-time (40 hr/wk) in Dothan, AL can expect to earn approximately $115,463 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $66,614. With a cost-of-living index of 87.90 (below the national average), these earnings stretch further in Dothan.
Hourly Rate Calculator
Schedule Comparison in Dothan
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,220.45 | $9,622 | $115,463 |
| Part-Time (24 hrs) | $1,332.27 | $5,773 | $69,278 |
| Per Diem (16 hrs) | $888.18 | $3,849 | $46,185 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Dothan) | $55.51 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Dothan, AL earn a median of $115,463 per year (2026 est.), which is 13.94% lower than the national median of $134,160 and 2.10% below the Alabama state average of $117,940.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $55.51/hr = $69,278/year (purchasing power: $78,815).
Working 40h/week (full-time) = $115,463/year (purchasing power: $131,358).
CoL index: 87.9 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$44.83/hr
2025 BLS Actual
$53.79/hr
2026 Current Est.
$55.51/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Dothan (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $44.83/hr | Actual |
| 2020 | $45.94/hr | Actual |
| 2021 | $43.82/hr | Actual |
| 2022 | $47.17/hr | Actual |
| 2023 | $49.65/hr | Actual |
| 2024 | $44.69/hr | Actual |
| 2025 | $53.79/hr | Actual |
| 2026(current) | $55.51/hr | Estimated |
| 2027 | $57.29/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Dothan grew 20.0% from $44.83/hr (2019) to $53.79/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $57.29/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Dothan 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.
Working as an Hourly Actuary in Dothan
Part-time actuaries operating three days a week can expect substantial variances in their annual earnings compared to full-time colleagues. For example, a part-time actuary working 24 hours a week could potentially take home around $43,000 per year, a fraction of a full-time actuary's income. The per diem actuary pay in Dothan can also differ significantly based on experience. While entry-level positions generally shy away from per-diem or consulting roles, seasoned professionals like FSA or FCAS can engage in high-value contracts that bill at rates from $250 to $500 per hour for consulting work. The hourly rates can shift based on employers; life insurance companies typically offer stable pay, while health insurance firms might provide additional benefits that some actuaries might prefer over higher hourly compensation. Understanding the trade-offs involved, along with adept negotiation skills, can greatly enhance compensation outcomes in Dothan's actuarial market.
More salary data for Dothan, AL:
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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for actuaries in Dothan. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Dothan 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