Actuary Hourly Pay in Auburn, ME: $60.37 (2026)
Quick Answer:Hourly pay for a actuary working in Auburn, ME runs $60.37 at the median for 2026 — annualizing to $125,571 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Auburn's regional price level (BEA RPP 99.6, 0% above national), each hour of work buys what $60.61 nationally would. A 24-hour part-time schedule grosses $75,344 per year.
Based on BLS state-level estimates · View source
In Auburn, ME, actuaries earn a median hourly rate of $60.37, which is slightly lower than the national average of $64.50 per hour. This rate facilitates a decent lifestyle for those working part-time, such as on a three-day workweek schedule, and supports independent contractors seeking per-diem opportunities in various environments, including consulting firms and insurance companies. For entry-level positions, hourly earnings start at approximately $36.39, while seasoned professionals can command rates up to $91.59. These hourly estimates are derived from overall annual salary data, which reflects the strong demand for actuaries, especially in specialized roles involving actuarial pricing, pension planning, and remote modeling work.
About the Auburn Market
Salary estimated from Maine average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $36.39 | $291.11 |
| Lower Range (P25) | $48.34 | $386.71 |
| Median (P50) | $60.37 | $482.98 |
| Upper Range (P75) | $75.80 | $606.40 |
| Top Earners (P90) | $91.59 | $732.72 |
Estimated Annual Income by Work Schedule in Auburn
Based on $60.37/hr median hourly rate · 2026 est.
At $60.37/hr, a actuary working full-time (40 hr/wk) in Auburn, ME can expect to earn approximately $125,574 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $72,446. With a cost-of-living index of 99.60 (below the national average), these earnings stretch further in Auburn.
Hourly Rate Calculator
Schedule Comparison in Auburn
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,414.88 | $10,464 | $125,574 |
| Part-Time (24 hrs) | $1,448.93 | $6,279 | $75,344 |
| Per Diem (16 hrs) | $965.95 | $4,186 | $50,230 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Auburn) | $60.37 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Auburn, ME earn a median of $125,571 per year (2026 est.), which is 6.40% lower than the national median of $134,160 and 6.00% below the Maine state average of $133,586.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $60.37/hr = $75,344/year (purchasing power: $75,647).
Working 40h/week (full-time) = $125,574/year (purchasing power: $126,078).
CoL index: 99.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$48.76/hr
2025 BLS Actual
$58.50/hr
2026 Current Est.
$60.37/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Auburn (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.76/hr | Actual |
| 2020 | $49.96/hr | Actual |
| 2021 | $47.66/hr | Actual |
| 2022 | $51.30/hr | Actual |
| 2023 | $54.00/hr | Actual |
| 2024 | $51.75/hr | Actual |
| 2025 | $58.50/hr | Actual |
| 2026(current) | $60.37/hr | Estimated |
| 2027 | $62.30/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Auburn grew 20.0% from $48.76/hr (2019) to $58.50/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $62.30/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 Auburn 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 Auburn
For actuaries contemplating part-time work, a typical three-day week (24 hours) would yield an annual income of roughly $75,000, significant when considering full-time salaries. Per-diem or freelance work is less common at junior levels; however, established FSAs and FCAS consultants can charge between $250 and $500 per hour, with expert testimony in litigation cases commanding even higher rates, often between $400 and $800. Hourly rates may vary widely based on employer type, with life insurance companies typically offering lower rates compared to healthcare firms or consulting groups. Some actuaries choose lower-paying positions in exchange for comprehensive benefits such as health insurance. For negotiating hourly rates effectively in Auburn, it can be beneficial to highlight specialized skills in predictive analytics or relevant certifications and experience gained through the SOA or CAS pathways.
More salary data for Auburn, ME:
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 Auburn. 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 Auburn 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