Actuary Hourly Pay in Waukee, IA: $55.79 (2026)
Quick Answer:Hourly pay for a actuary working in Waukee, IA runs $55.79 at the median for 2026 — annualizing to $116,033 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Waukee's regional price level (BEA RPP 90.4, 10% below national), each hour of work buys what $61.71 nationally would. A 24-hour part-time schedule grosses $69,626 per year.
Based on BLS state-level estimates · View source
In 2026, Waukee, Iowa, offers an actuary hourly rate of $55.79, which is notably lower than the national median of $64.50. This hourly pay reflects the expectations for part-time roles, where an actuary working three days a week can expect to earn significantly less than their full-time counterparts. The hourly range in Waukee varies widely, from $35.16 for entry-level positions to $84.79 for seasoned professionals, indicating a broad spectrum of earning potential depending on experience and the complexity of the work. Actuaries in Waukee typically engage with various financial settings, including insurance company actuarial pricing departments, consulting practices, and remote actuarial modeling tasks, making the hourly rate a critical factor for both full-time and per-diem roles in this market.
About the Waukee 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) | $35.16 | $281.28 |
| Lower Range (P25) | $42.47 | $339.73 |
| Median (P50) | $55.79 | $446.32 |
| Upper Range (P75) | $70.01 | $560.09 |
| Top Earners (P90) | $84.79 | $678.31 |
Estimated Annual Income by Work Schedule in Waukee
Based on $55.79/hr median hourly rate · 2026 est.
At $55.79/hr, a actuary working full-time (40 hr/wk) in Waukee, IA can expect to earn approximately $116,043 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $66,948. With a cost-of-living index of 90.40 (below the national average), these earnings stretch further in Waukee.
Hourly Rate Calculator
Schedule Comparison in Waukee
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,231.60 | $9,670 | $116,043 |
| Part-Time (24 hrs) | $1,338.96 | $5,802 | $69,626 |
| Per Diem (16 hrs) | $892.64 | $3,868 | $46,417 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Waukee) | $55.79 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Waukee, IA earn a median of $116,033 per year (2026 est.), which is 13.51% lower than the national median of $134,160 and 4.30% below the Iowa state average of $121,247.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $55.79/hr = $69,626/year (purchasing power: $77,020).
Working 40h/week (full-time) = $116,043/year (purchasing power: $128,366).
CoL index: 90.4 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$45.06/hr
2025 BLS Actual
$54.06/hr
2026 Current Est.
$55.79/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Waukee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.06/hr | Actual |
| 2020 | $46.17/hr | Actual |
| 2021 | $44.04/hr | Actual |
| 2022 | $47.40/hr | Actual |
| 2023 | $49.90/hr | Actual |
| 2024 | $49.90/hr | Actual |
| 2025 | $54.06/hr | Actual |
| 2026(current) | $55.79/hr | Estimated |
| 2027 | $57.58/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Waukee grew 20.0% from $45.06/hr (2019) to $54.06/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $57.58/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 Waukee 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 Waukee
For those considering part-time work as actuaries in Waukee, the annual earnings of a 24-hour work week amount to a substantial income, although significantly lower than a full-time salary. Per-diem work in this field is generally less common among entry-level actuaries, but for seasoned professionals, consulting engagements can command rates between $250 and $500 per hour. Additionally, expert witness testimony in litigation cases can result in earnings ranging from $400 to $800 per hour, showcasing diverse financial opportunities within specialized domains. The hourly rates can differ based on employer types, with life insurance firms, managed care companies, property and casualty insurers, and consulting agencies offering varying salaries based on their specific needs. Many actuaries may choose a lower hourly rate at organizations that provide health benefits versus seeking higher pay in options without such advantages. For those negotiating their pay in Waukee's actuarial job market, it’s advisable to highlight relevant skills from the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS) exams, as passing additional exams can drive compensation upward substantially.
More salary data for Waukee, IA:
Frequently Asked Questions
What is the hourly rate for actuaries in Waukee in 2026?
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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 Waukee. 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 Waukee 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