Actuary Hourly Pay in Fort Dodge, IA: $53.52 (2026)
Quick Answer:Hourly pay for a actuary working in Fort Dodge, IA runs $53.52 at the median for 2026 — annualizing to $111,327 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Fort Dodge's regional price level (BEA RPP 90.4, 10% below national), each hour of work buys what $59.20 nationally would. A 24-hour part-time schedule grosses $66,792 per year.
Based on BLS state-level estimates · View source
In Fort Dodge, Iowa, actuaries earn a median hourly rate of $53.52, which falls below the national median of $64.50. This difference presents a unique challenge for part-time professionals who work three days a week, as their earnings may not reach the same heights as their counterparts in larger markets. Part-time or per-diem actuaries might find themselves in various settings such as insurance companies or consulting firms, making it essential to consider the typical hourly range, which spans from $34.71 for entry-level positions up to $82.10 for more experienced professionals. Understanding this rate is crucial for those looking to make informed decisions about balancing work hours with their overall compensation.
About the Fort Dodge Market
Salary estimated from Iowa average ($120,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $34.71 | $277.65 |
| Lower Range (P25) | $41.32 | $330.57 |
| Median (P50) | $53.52 | $428.16 |
| Upper Range (P75) | $68.50 | $548.03 |
| Top Earners (P90) | $82.10 | $656.76 |
Estimated Annual Income by Work Schedule in Fort Dodge
Based on $53.52/hr median hourly rate · 2026 est.
At $53.52/hr, a actuary working full-time (40 hr/wk) in Fort Dodge, IA can expect to earn approximately $111,321 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $64,223. With a cost-of-living index of 90.40 (below the national average), these earnings stretch further in Fort Dodge.
Hourly Rate Calculator
Schedule Comparison in Fort Dodge
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,140.78 | $9,277 | $111,321 |
| Part-Time (24 hrs) | $1,284.47 | $5,566 | $66,792 |
| Per Diem (16 hrs) | $856.31 | $3,711 | $44,528 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Fort Dodge) | $53.52 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Fort Dodge, IA earn a median of $111,327 per year (2026 est.), which is 17.02% lower than the national median of $134,160 and 8.20% below the Iowa state average of $121,271.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $53.52/hr = $66,792/year (purchasing power: $73,885).
Working 40h/week (full-time) = $111,321/year (purchasing power: $123,142).
CoL index: 90.4 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$43.22/hr
2025 BLS Actual
$51.86/hr
2026 Current Est.
$53.52/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Fort Dodge (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $43.22/hr | Actual |
| 2020 | $44.29/hr | Actual |
| 2021 | $42.25/hr | Actual |
| 2022 | $45.47/hr | Actual |
| 2023 | $47.87/hr | Actual |
| 2024 | $47.87/hr | Actual |
| 2025 | $51.86/hr | Actual |
| 2026(current) | $53.52/hr | Estimated |
| 2027 | $55.23/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Fort Dodge grew 20.0% from $43.22/hr (2019) to $51.86/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $55.23/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 Fort Dodge 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 Fort Dodge
When it comes to earning potential, part-time actuaries in Fort Dodge working 24 hours a week might bring in significantly less annually compared to their full-time peers, making the decision to pursue part-time work strategic based on personal needs or preferences. Per-diem or contract work in this field is less common for less experienced professionals but can offer substantial reap for Fellows of the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS). Such experts can command rates between $250 and $500 per hour in consulting engagements, with specific expert witness roles fetching between $400 and $800 per hour. The type of employer—whether life insurance companies like Prudential or consulting firms like Mercer—greatly influences hourly pay. Understanding the trade-off between higher hourly rates and the potential benefits offered by a full-time position can guide actuaries at various stages in their career. Finally, negotiation strategies tailored specifically to Fort Dodge's market can help potential candidates secure better-than-average compensation.
More salary data for Fort Dodge, IA:
Frequently Asked Questions
What is the hourly rate for actuaries in Fort Dodge in 2026?
How much do part-time actuaries make in Fort Dodge?
Are actuaries in Fort Dodge paid hourly or salary?
How much does a full-time actuary make per year in Fort Dodge?
Do actuaries earn more per hour working part-time in Fort Dodge?
Related Pages
Compare Salaries
Career Resources
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 Fort Dodge. 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 Fort Dodge 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