Actuary Hourly Pay in El Mirage, AZ: $61.60 (2026)
Quick Answer:Hourly pay for a actuary working in El Mirage, AZ runs $61.60 at the median for 2026 — annualizing to $128,127 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against El Mirage's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $62.54 nationally would. A 24-hour part-time schedule grosses $76,877 per year.
Based on BLS state-level estimates · View source
In El Mirage, Arizona, the actuary hourly pay projects to a median of $61.60, which sits slightly below the national median of $64.50. This hourly figure is pivotal for those considering part-time or per-diem actuarial roles, as it reflects earnings potential across various professional settings such as insurance company actuarial pricing departments or consulting firm engagements. With an hourly range spanning from $36.03 at the entry level to $95.48 for top earners, actuaries can find versatile opportunities, whether they work three days a week or take on project-based contracts. Hourly compensation is derived from annual salary data, indicating that the financial landscape of actuarial work in El Mirage aligns closely with broader trends in Arizona and provides a compelling entry point for aspiring professionals.
About the El Mirage Market
Salary estimated from Arizona average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $36.03 | $288.22 |
| Lower Range (P25) | $48.55 | $388.36 |
| Median (P50) | $61.60 | $492.80 |
| Upper Range (P75) | $78.84 | $630.76 |
| Top Earners (P90) | $95.48 | $763.85 |
Estimated Annual Income by Work Schedule in El Mirage
Based on $61.60/hr median hourly rate · 2026 est.
At $61.60/hr, a actuary working full-time (40 hr/wk) in El Mirage, AZ can expect to earn approximately $128,128 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $73,920. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in El Mirage.
Hourly Rate Calculator
Schedule Comparison in El Mirage
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,464.00 | $10,677 | $128,128 |
| Part-Time (24 hrs) | $1,478.40 | $6,406 | $76,877 |
| Per Diem (16 hrs) | $985.60 | $4,271 | $51,251 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (El Mirage) | $61.60 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in El Mirage, AZ earn a median of $128,127 per year (2026 est.), which is 4.50% lower than the national median of $134,160 and 3.00% below the Arizona state average of $132,090.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $61.60/hr = $76,877/year (purchasing power: $78,048).
Working 40h/week (full-time) = $128,128/year (purchasing power: $130,079).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$49.75/hr
2025 BLS Actual
$59.69/hr
2026 Current Est.
$61.60/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in El Mirage (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.75/hr | Actual |
| 2020 | $50.98/hr | Actual |
| 2021 | $48.62/hr | Actual |
| 2022 | $52.34/hr | Actual |
| 2023 | $55.10/hr | Actual |
| 2024 | $52.80/hr | Actual |
| 2025 | $59.69/hr | Actual |
| 2026(current) | $61.60/hr | Estimated |
| 2027 | $63.57/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in El Mirage grew 20.0% from $49.75/hr (2019) to $59.69/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $63.57/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 El Mirage 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 El Mirage
For actuaries opting for part-time work in El Mirage, completing a typical 24-hour work week results in an annual income significantly lower than what full-time counterparts earn. In contrast to traditional employment models, per-diem or 1099 actuarial opportunities are less common among those newly entering the field, but experienced FSAs and FCAS frequently find themselves billing between $250 and $500 per hour for consulting engagements. Some may even command $400 to $800 per hour as expert witnesses in litigation related to insurance or pensions. Notably, hourly rates can vary widely, with life insurance companies, health insurers, and consulting firms all offering distinct compensation packages that reflect the industry's unique demands. Many actuaries must weigh the benefits of steady employment with health insurance against the allure of higher hourly pay without such perks. For hourly workers in El Mirage, effective negotiation can ensure a rate commensurate with skills and credentials, particularly given that advancing through exam levels can add significant value to their hourly rates.
More salary data for El Mirage, AZ:
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 El Mirage. 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 El Mirage 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