Actuary Hourly Pay in Granger, IN: $56.47 (2026)
Quick Answer:Hourly pay for a actuary working in Granger, IN runs $56.47 at the median for 2026 — annualizing to $117,459 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Granger's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $61.85 nationally would. A 24-hour part-time schedule grosses $70,476 per year.
Based on BLS state-level estimates · View source
With a 2026 median hourly rate of $56.47, actuary hourly pay in Granger, IN, falls short of the national median of $64.50. This discrepancy may influence part-time professionals who work three days a week, as well as those seeking per-diem opportunities in traditional settings like insurance pricing departments or consulting firms. For instance, a part-time actuary could expect to earn approximately $38,000 annually, depending on weekly hours, which is substantially lower than a full-time counterpart. The hourly range in Granger stretches from $36.67 at the lower end to $87.53 for top earners, illustrating a varied landscape of compensation that reflects experience and specialization.
About the Granger Market
Salary estimated from Indiana average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $36.67 | $293.34 |
| Lower Range (P25) | $43.75 | $349.97 |
| Median (P50) | $56.47 | $451.77 |
| Upper Range (P75) | $72.28 | $578.25 |
| Top Earners (P90) | $87.53 | $700.27 |
Estimated Annual Income by Work Schedule in Granger
Based on $56.47/hr median hourly rate · 2026 est.
At $56.47/hr, a actuary working full-time (40 hr/wk) in Granger, IN can expect to earn approximately $117,460 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $67,765. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Granger.
Hourly Rate Calculator
Schedule Comparison in Granger
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,258.84 | $9,788 | $117,460 |
| Part-Time (24 hrs) | $1,355.30 | $5,873 | $70,476 |
| Per Diem (16 hrs) | $903.54 | $3,915 | $46,984 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Granger) | $56.47 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Granger, IN earn a median of $117,459 per year (2026 est.), which is 12.45% lower than the national median of $134,160 and 4.10% below the Indiana state average of $122,481.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $56.47/hr = $70,476/year (purchasing power: $77,192).
Working 40h/week (full-time) = $117,460/year (purchasing power: $128,653).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$45.61/hr
2025 BLS Actual
$54.72/hr
2026 Current Est.
$56.47/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Granger (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.61/hr | Actual |
| 2020 | $46.74/hr | Actual |
| 2021 | $44.58/hr | Actual |
| 2022 | $47.98/hr | Actual |
| 2023 | $50.51/hr | Actual |
| 2024 | $48.41/hr | Actual |
| 2025 | $54.72/hr | Actual |
| 2026(current) | $56.47/hr | Estimated |
| 2027 | $58.28/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Granger grew 20.0% from $45.61/hr (2019) to $54.72/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $58.28/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 Granger 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 Granger
Part-time actuaries in Granger can expect their earnings to fluctuate significantly, especially when comparing a 24-hour workweek to full-time salaries. The unique nature of per-diem and consulting work, particularly for those who are not yet credentialed with FSA or FCAS designations, means these opportunities are relatively rare for entry-level candidates. Established professionals often find lucrative engagements as consultants or expert witnesses, with hourly rates ranging from $250 to $800 depending on the complexity of the work. Different employers in the area, such as health insurers, life insurance companies, and consulting firms, offer varying pay scales, leading to a critical trade-off between benefits and hourly compensation. When negotiating wages, those considering actuarial roles in Granger should understand the dynamics of the local market and how their credentials impact pay rates, particularly in comparison to national averages.
More salary data for Granger, IN:
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 Granger. 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 Granger 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