Actuary Hourly Pay in Davis, CA: $60.53 (2026)
Quick Answer:Hourly pay for a actuary working in Davis, CA runs $60.53 at the median for 2026 — annualizing to $125,898 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Davis's regional price level (BEA RPP 113.1, 13% above national), each hour of work buys what $53.52 nationally would. A 24-hour part-time schedule grosses $75,537 per year.
Based on BLS state-level estimates · View source
In 2026, the actuary hourly pay in Davis, California is projected to be $60.53, positioning it slightly below the national median of $64.50. This rate reflects the earnings landscape for part-time professionals working three days a week or those engaged in per-diem work, commonly found in settings such as insurance company actuarial pricing departments and consulting firm client meetings. The hourly pay range for actuaries in Davis varies significantly, with entry-level positions starting around $36.99 and experienced earners reaching as much as $93.82 per hour. These figures underscore the potential for both stable income and substantial earnings based on experience, specialization, and the specific nature of engagements in these actuarial roles.
About the Davis Market
Salary estimated from California average ($148,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $36.99 | $295.90 |
| Lower Range (P25) | $45.38 | $363.02 |
| Median (P50) | $60.53 | $484.21 |
| Upper Range (P75) | $77.47 | $619.78 |
| Top Earners (P90) | $93.82 | $750.55 |
Estimated Annual Income by Work Schedule in Davis
Based on $60.53/hr median hourly rate · 2026 est.
At $60.53/hr, a actuary working full-time (40 hr/wk) in Davis, CA can expect to earn approximately $125,896 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $72,632. With a cost-of-living index of 113.10 (above the national average), these earnings may be offset by higher expenses in Davis.
Hourly Rate Calculator
Schedule Comparison in Davis
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,421.07 | $10,491 | $125,896 |
| Part-Time (24 hrs) | $1,452.64 | $6,295 | $75,537 |
| Per Diem (16 hrs) | $968.43 | $4,197 | $50,358 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Davis) | $60.53 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Davis, CA earn a median of $125,898 per year (2026 est.), which is 6.16% lower than the national median of $134,160 and 3.20% below the California state average of $130,060.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $60.53/hr = $75,537/year (purchasing power: $66,788).
Working 40h/week (full-time) = $125,896/year (purchasing power: $111,314).
CoL index: 113.1 (100 = national average).
2019 BLS Actual
$48.88/hr
2025 BLS Actual
$58.65/hr
2026 Current Est.
$60.53/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Davis (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.88/hr | Actual |
| 2020 | $50.09/hr | Actual |
| 2021 | $47.78/hr | Actual |
| 2022 | $51.43/hr | Actual |
| 2023 | $54.14/hr | Actual |
| 2024 | $77.88/hr | Actual |
| 2025 | $58.65/hr | Actual |
| 2026(current) | $60.53/hr | Estimated |
| 2027 | $62.46/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Davis grew 20.0% from $48.88/hr (2019) to $58.65/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $62.46/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 Davis 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 Davis
When examining part-time earnings, a 24-hour workweek translates to nearly $75,336 annually for an actuary in Davis, which is a solid income but distinctly lower than full-time potential. For those considering per-diem positions, junior actuaries may not typically see this arrangement, however, seasoned professionals in consulting roles can command much higher rates, billing $250 to $500 per hour for their expertise. This can escalate to $400 to $800 per hour for niche roles, such as expert testimony in insurance or pension disputes. Rates can vary widely among employers in Davis, from established life insurance firms like Prudential and MetLife to health insurance giants like UnitedHealth and Cigna. While some actuaries may opt for lower hourly rates with benefits in larger firms, others may pursue higher rates without benefits in consulting environments. For those negotiating hourly pay, understanding the actuarial market in Davis can help maximize earnings while considering benefits and employment type.
More salary data for Davis, CA:
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 Davis. 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 Davis 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