Actuary Hourly Pay in Vernon, CT: $67.18 (2026)
Quick Answer:Hourly pay for a actuary working in Vernon, CT runs $67.18 at the median for 2026 — annualizing to $139,747 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Vernon's regional price level (BEA RPP 107.9, 8% above national), each hour of work buys what $62.26 nationally would. A 24-hour part-time schedule grosses $83,845 per year.
Based on BLS state-level estimates · View source
In Vernon, Connecticut, actuaries earn a competitive median hourly rate of $67.18, which surpasses the national median of $64.50 per hour by approximately 4.16%. This favorable pay structure allows part-time actuaries working three days a week to earn a substantial income, particularly in typical environments like insurance company actuarial pricing departments or consulting firms engaged in client projects. The hourly pay range for actuaries in Vernon spans from $44.28 for entry-level positions up to $104.14 for experienced professionals at the top of the field. These numbers are derived from annual salary estimates, reflecting both the local market demand and the specialized skills that actuaries bring.
About the Vernon Market
Salary estimated from Connecticut average ($145,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $44.28 | $354.26 |
| Lower Range (P25) | $52.59 | $420.73 |
| Median (P50) | $67.18 | $537.47 |
| Upper Range (P75) | $85.37 | $682.94 |
| Top Earners (P90) | $104.14 | $833.11 |
Estimated Annual Income by Work Schedule in Vernon
Based on $67.18/hr median hourly rate · 2026 est.
At $67.18/hr, a actuary working full-time (40 hr/wk) in Vernon, CT can expect to earn approximately $139,741 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $80,620. With a cost-of-living index of 107.90 (above the national average), these earnings may be offset by higher expenses in Vernon.
Hourly Rate Calculator
Schedule Comparison in Vernon
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,687.33 | $11,645 | $139,741 |
| Part-Time (24 hrs) | $1,612.40 | $6,987 | $83,845 |
| Per Diem (16 hrs) | $1,074.93 | $4,658 | $55,896 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Vernon) | $67.18 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Vernon, CT earn a median of $139,747 per year (2026 est.), which is 4.16% higher than the national median of $134,160 and 3.50% below the Connecticut state average of $144,816.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $67.18/hr = $83,845/year (purchasing power: $77,706).
Working 40h/week (full-time) = $139,741/year (purchasing power: $129,510).
CoL index: 107.9 (100 = national average).
2019 BLS Actual
$54.26/hr
2025 BLS Actual
$65.10/hr
2026 Current Est.
$67.18/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Vernon (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $54.26/hr | Actual |
| 2020 | $55.60/hr | Actual |
| 2021 | $53.03/hr | Actual |
| 2022 | $57.08/hr | Actual |
| 2023 | $60.09/hr | Actual |
| 2024 | $72.61/hr | Actual |
| 2025 | $65.10/hr | Actual |
| 2026(current) | $67.18/hr | Estimated |
| 2027 | $69.33/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Vernon grew 20.0% from $54.26/hr (2019) to $65.10/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $69.33/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 Vernon 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 Vernon
For those exploring part-time roles, working only 24 hours a week translates into an annual income of around $83,600, which is significant compared to full-time earnings. Per-diem or contract actuaries, typically more involved in senior roles and engagements, can command hourly rates between $250 and $500, particularly in consulting or expert witness contexts. Employers throughout Vernon offer varying hourly rates; for instance, life insurance companies may provide different compensation than health insurance or pension consulting firms. While a lower hourly pay may be acceptable for positions offering robust benefits, many actuaries prioritize higher hourly rates in consulting roles without additional perks. To effectively negotiate hourly rates, actuaries should emphasize their credentials, exam progress, and specialized skills in analytics to optimize their earning potential in the dynamic CT job market.
More salary data for Vernon, CT:
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 Vernon. 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 Vernon 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