Actuary Hourly Pay in Germantown, MD: $70.96 (2026)
Quick Answer:Hourly pay for a actuary working in Germantown, MD runs $70.96 at the median for 2026 — annualizing to $147,604 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Germantown's regional price level (BEA RPP 109.3, 9% above national), each hour of work buys what $64.92 nationally would. A 24-hour part-time schedule grosses $88,558 per year.
Based on BLS state-level estimates · View source
The actuary hourly pay in Germantown, Maryland, is projected to reach $70.96 in 2026, surpassing the national hourly median of $64.50 by approximately 10%. This figure indicates a rewarding income for actuaries working part-time or as per-diem professionals, especially in settings like insurance companies, consulting firms, and pension plan meetings. A part-time actuary working three days per week can find opportunities across various pricing and analysis teams, with hourly rates ranging from $42.21 at entry-level positions to a high of $109.99 for top earners. These hourly estimates are drawn from the broader annual salary data, reflecting the competitive nature of the profession in Germantown, where the demand for actuarial skills remains strong.
About the Germantown 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) | $42.21 | $337.67 |
| Lower Range (P25) | $52.28 | $418.25 |
| Median (P50) | $70.96 | $567.68 |
| Upper Range (P75) | $90.84 | $726.69 |
| Top Earners (P90) | $109.99 | $879.92 |
Estimated Annual Income by Work Schedule in Germantown
Based on $70.96/hr median hourly rate · 2026 est.
At $70.96/hr, a actuary working full-time (40 hr/wk) in Germantown, MD can expect to earn approximately $147,597 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $85,152. With a cost-of-living index of 109.30 (above the national average), these earnings may be offset by higher expenses in Germantown.
Hourly Rate Calculator
Schedule Comparison in Germantown
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,838.41 | $12,300 | $147,597 |
| Part-Time (24 hrs) | $1,703.05 | $7,380 | $88,558 |
| Per Diem (16 hrs) | $1,135.37 | $4,920 | $59,039 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Germantown) | $70.96 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Germantown, MD earn a median of $147,604 per year (2026 est.), which is 10.02% higher than the national median of $134,160 and 0.70% above the Maryland state average of $146,578.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $70.96/hr = $88,558/year (purchasing power: $81,023).
Working 40h/week (full-time) = $147,597/year (purchasing power: $135,039).
CoL index: 109.3 (100 = national average).
2019 BLS Actual
$57.31/hr
2025 BLS Actual
$68.76/hr
2026 Current Est.
$70.96/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Germantown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $57.31/hr | Actual |
| 2020 | $58.73/hr | Actual |
| 2021 | $56.01/hr | Actual |
| 2022 | $60.29/hr | Actual |
| 2023 | $63.47/hr | Actual |
| 2024 | $68.76/hr | Actual |
| 2025 | $68.76/hr | Actual |
| 2026(current) | $70.96/hr | Estimated |
| 2027 | $73.23/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Germantown grew 20.0% from $57.31/hr (2019) to $68.76/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $73.23/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 Germantown 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 Germantown
When evaluating the earning potential of a part-time actuary, it's crucial to compare the income against full-time roles. For example, a part-time actuary working 24 hours per week would bring in around $87,732 annually, significantly less than a full-time counterpart's earnings. While per-diem and freelance actuarial work may be less common for those just starting out, more experienced fellows, such as FSA or FCAS holders, can command per diem actuary pay in Germantown that ranges from $250 to $500 per hour for consulting engagements, and up to $800 for expert witness testimony. Hourly rates also vary based on employer type; major life and health insurance providers typically offer different pay scales compared to property and casualty firms or consulting agencies. For many actuaries, opting for lower hourly pay may come with benefits such as health insurance, while others may prioritize higher pay without those perks. Negotiating rates requires understanding the competitive landscape, emphasizing specialty skills such as predictive analytics, which are increasingly desired in the field.
More salary data for Germantown, MD:
Frequently Asked Questions
What is the hourly rate for actuaries in Germantown 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 Germantown. 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 Germantown 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