Actuary Hourly Pay in Key West, FL: $61.43 (2026)
Quick Answer:Hourly pay for a actuary working in Key West, FL runs $61.43 at the median for 2026 — annualizing to $127,788 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Key West's regional price level (BEA RPP 100.8, 1% above national), each hour of work buys what $60.95 nationally would. A 24-hour part-time schedule grosses $76,671 per year.
Based on BLS state-level estimates · View source
In Key West, Florida, actuaries earn a median hourly pay of $61.43, which falls below the national hourly median of $64.50. This means that part-time actuaries working three days a week can still capture a decent wage while balancing their professional and personal life. With hourly rates varying from $37.32 at the entry level to $95.22 for high earners, those in this role have flexibility, especially in settings like insurance company actuarial pricing departments and remote consulting work. Such competitive compensation allows for potential per-diem opportunities, where actuaries are often involved in client engagements or modeling projects without committing to a full-time position, thus tapping into the growing gig economy within the actuarial domain.
About the Key West Market
Salary estimated from Florida average ($118,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $37.32 | $298.54 |
| Lower Range (P25) | $45.88 | $367.06 |
| Median (P50) | $61.43 | $491.48 |
| Upper Range (P75) | $78.64 | $629.11 |
| Top Earners (P90) | $95.22 | $761.78 |
Estimated Annual Income by Work Schedule in Key West
Based on $61.43/hr median hourly rate · 2026 est.
At $61.43/hr, a actuary working full-time (40 hr/wk) in Key West, FL can expect to earn approximately $127,785 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $73,722. With a cost-of-living index of 100.80 (above the national average), these earnings may be offset by higher expenses in Key West.
Hourly Rate Calculator
Schedule Comparison in Key West
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,457.40 | $10,649 | $127,785 |
| Part-Time (24 hrs) | $1,474.44 | $6,389 | $76,671 |
| Per Diem (16 hrs) | $982.96 | $4,259 | $51,114 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Key West) | $61.43 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Key West, FL earn a median of $127,788 per year (2026 est.), which is 4.75% lower than the national median of $134,160 and 1.50% below the Florida state average of $129,734.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $61.43/hr = $76,671/year (purchasing power: $76,062).
Working 40h/week (full-time) = $127,785/year (purchasing power: $126,771).
CoL index: 100.8 (100 = national average).
2019 BLS Actual
$49.62/hr
2025 BLS Actual
$59.53/hr
2026 Current Est.
$61.43/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Key West (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.62/hr | Actual |
| 2020 | $50.84/hr | Actual |
| 2021 | $48.49/hr | Actual |
| 2022 | $52.20/hr | Actual |
| 2023 | $54.95/hr | Actual |
| 2024 | $56.35/hr | Actual |
| 2025 | $59.53/hr | Actual |
| 2026(current) | $61.43/hr | Estimated |
| 2027 | $63.40/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Key West grew 20.0% from $49.62/hr (2019) to $59.53/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $63.40/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 Key West 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 Key West
The earning potential for part-time actuaries in Key West showcases an interesting dynamic. By working just 24 hours a week, a part-time actuary could gross around $77,197 annually, significantly less than their full-time counterparts but still providing a comfortable lifestyle in the vibrant locale. Many actuaries in specialized roles can capitalize on high hourly rates, especially those with FSA or FCAS credentials which can give rise to per-diem actuary pay in Key West ranging from $250 to $500 for consulting projects. Positions within life insurance companies, health insurance, and consulting firms may differ in hourly rates offered, balancing between those with benefits versus higher rates without. The choice often boils down to personal priorities, as actuaries negotiate their contracts—opt for a firm willing to provide health benefits at a slightly lower hourly rate, or seek out consulting opportunities that bring in higher pay but lack such perks. As the market evolves, actuaries should consider their negotiation strategies to align their hourly pay with both their skills and the demands of the local job market.
More salary data for Key West, FL:
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 Key West. 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 Key West 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