Actuary Hourly Pay in Aspen Hill, MD: $71.48 (2026)
Quick Answer:Hourly pay for a actuary working in Aspen Hill, MD runs $71.48 at the median for 2026 — annualizing to $148,672 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Aspen Hill's regional price level (BEA RPP 109.3, 9% above national), each hour of work buys what $65.39 nationally would. A 24-hour part-time schedule grosses $89,202 per year.
Based on BLS state-level estimates · View source
In Aspen Hill, Maryland, actuaries earn a median hourly rate of $71.48, which positions them significantly above the national hourly median of $64.50. This advantageous pay level opens doors for both part-time and per-diem work in various settings, such as insurance company actuarial pricing departments and consulting firms. For a part-time actuary working three days a week, this translates to a solid income, especially with the hourly range starting at $43.07 for entry-level positions and peaking at $110.79 for top earners. The hourly figures are derived from projected annual salaries and highlight the robust earning potential for professionals in the field. As the demand for skilled actuaries grows, particularly in Aspen Hill’s competitive job market, these hourly rates reflect the importance of expertise in areas such as risk management and predictive analytics.
About the Aspen Hill Market
Salary estimated from Maryland average ($130,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $43.07 | $344.52 |
| Lower Range (P25) | $53.29 | $426.34 |
| Median (P50) | $71.48 | $571.81 |
| Upper Range (P75) | $91.49 | $731.89 |
| Top Earners (P90) | $110.79 | $886.28 |
Estimated Annual Income by Work Schedule in Aspen Hill
Based on $71.48/hr median hourly rate · 2026 est.
At $71.48/hr, a actuary working full-time (40 hr/wk) in Aspen Hill, MD can expect to earn approximately $148,671 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $85,772. With a cost-of-living index of 109.30 (above the national average), these earnings may be offset by higher expenses in Aspen Hill.
Hourly Rate Calculator
Schedule Comparison in Aspen Hill
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,859.05 | $12,389 | $148,671 |
| Part-Time (24 hrs) | $1,715.43 | $7,434 | $89,202 |
| Per Diem (16 hrs) | $1,143.62 | $4,956 | $59,468 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Aspen Hill) | $71.48 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Aspen Hill, MD earn a median of $148,672 per year (2026 est.), which is 10.82% higher than the national median of $134,160 and 1.40% above the Maryland state average of $146,619.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $71.48/hr = $89,202/year (purchasing power: $81,612).
Working 40h/week (full-time) = $148,671/year (purchasing power: $136,021).
CoL index: 109.3 (100 = national average).
2019 BLS Actual
$57.73/hr
2025 BLS Actual
$69.26/hr
2026 Current Est.
$71.48/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Aspen Hill (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $57.73/hr | Actual |
| 2020 | $59.15/hr | Actual |
| 2021 | $56.42/hr | Actual |
| 2022 | $60.73/hr | Actual |
| 2023 | $63.93/hr | Actual |
| 2024 | $69.26/hr | Actual |
| 2025 | $69.26/hr | Actual |
| 2026(current) | $71.48/hr | Estimated |
| 2027 | $73.76/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Aspen Hill grew 20.0% from $57.73/hr (2019) to $69.26/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $73.76/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 Aspen Hill 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 Aspen Hill
Consider the implications for those pursuing part-time opportunities. A part-time actuary working 24 hours a week could potentially take home around $89,049 annually, a substantial income compared to many other professions. For individuals engaged in per-diem or agency work, such as consulting with Financial Services Affiliates (FSA or FCAS), rates may vary widely, with some billings topping $500 per hour. While junior actuaries may find 1099 work less common, experienced professionals can command fees ranging from $400 to $800 per hour, particularly when providing expert witness testimony in litigation cases. Hourly compensation also varies by employer type; actuaries at life insurance companies like Prudential may expect different rates than those at health insurance firms such as UnitedHealth. Furthermore, some actuaries may opt for lower hourly wages in exchange for benefits like health insurance, while others might aim for higher hourly pay but without the same perks. When negotiating hourly rates in Aspen Hill, it is wise to highlight specialized skills, certifications, and relevant experience to bolster earning potential in this thriving market.
More salary data for Aspen Hill, MD:
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 Aspen Hill. 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 Aspen Hill 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