Actuary Hourly Pay in Rancho Cordova, CA: $62.03 (2026)
Quick Answer:Hourly pay for a actuary working in Rancho Cordova, CA runs $62.03 at the median for 2026 — annualizing to $129,020 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Rancho Cordova's regional price level (BEA RPP 113.1, 13% above national), each hour of work buys what $54.85 nationally would. A 24-hour part-time schedule grosses $77,418 per year.
Based on BLS state-level estimates · View source
In Rancho Cordova, the actuary hourly pay stands at a median of $62.03, slightly trailing the national hourly median of $64.50. This figure highlights the earning potential for actuaries who work part-time, such as those engaging in three-day workweeks, potentially accruing a significant income while maintaining flexibility. In terms of opportunities, the range spans from $35.98 for entry-level positions to $96.14 for the industry's highest earners. These hourly rates, derived from projected annual salary data, reflect the compensatory dynamics within various actuarial settings, whether in insurance company pricing departments, consulting firms, or remote actuarial roles. The field is competitive, and skilled professionals can expect a robust range of hourly wages that align with their experience and industry nuances.
About the Rancho Cordova 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) | $35.98 | $287.80 |
| Lower Range (P25) | $48.31 | $386.46 |
| Median (P50) | $62.03 | $496.27 |
| Upper Range (P75) | $79.39 | $635.13 |
| Top Earners (P90) | $96.14 | $769.13 |
Estimated Annual Income by Work Schedule in Rancho Cordova
Based on $62.03/hr median hourly rate · 2026 est.
At $62.03/hr, a actuary working full-time (40 hr/wk) in Rancho Cordova, CA can expect to earn approximately $129,030 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,440. With a cost-of-living index of 113.10 (above the national average), these earnings may be offset by higher expenses in Rancho Cordova.
Hourly Rate Calculator
Schedule Comparison in Rancho Cordova
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,481.34 | $10,752 | $129,030 |
| Part-Time (24 hrs) | $1,488.80 | $6,451 | $77,418 |
| Per Diem (16 hrs) | $992.54 | $4,301 | $51,612 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Rancho Cordova) | $62.03 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Rancho Cordova, CA earn a median of $129,020 per year (2026 est.), which is 3.83% lower than the national median of $134,160 and 0.80% below the California state average of $130,060.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $62.03/hr = $77,418/year (purchasing power: $68,451).
Working 40h/week (full-time) = $129,030/year (purchasing power: $114,085).
CoL index: 113.1 (100 = national average).
2019 BLS Actual
$50.10/hr
2025 BLS Actual
$60.11/hr
2026 Current Est.
$62.03/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Rancho Cordova (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.10/hr | Actual |
| 2020 | $51.34/hr | Actual |
| 2021 | $48.97/hr | Actual |
| 2022 | $52.71/hr | Actual |
| 2023 | $55.49/hr | Actual |
| 2024 | $79.81/hr | Actual |
| 2025 | $60.11/hr | Actual |
| 2026(current) | $62.03/hr | Estimated |
| 2027 | $64.02/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Rancho Cordova grew 20.0% from $50.10/hr (2019) to $60.11/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $64.02/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 Rancho Cordova 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 Rancho Cordova
Many actuaries in Rancho Cordova considering part-time roles could realize a substantial annual income, even while working just 24 hours a week. This setup allows for a balance between work and personal commitments, but a full-time position generally offers higher financial stability. While the concept of per-diem actuary work, often associated with independent or agency contracts, is not commonplace at entry levels, seasoned actuaries in consulting and litigation capacities can charge premium rates, often between $250 and $800 per hour, depending on their expertise and the client's needs. Actuaries in specific sectors, such as life insurance or consulting firms, may experience variance in hourly compensation, with some accepting lower pay for benefits like health insurance in exchange for the security that comes with employer-provided packages. Negotiating hourly contracts in Rancho Cordova often requires showcasing relevant skills, particularly in predictive analytics and data science, which are increasingly valued in the field.
More salary data for Rancho Cordova, 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 Rancho Cordova. 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 Rancho Cordova 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