Actuary Hourly Pay in Holyoke, MA: $68.36 (2026)
Quick Answer:Hourly pay for a actuary working in Holyoke, MA runs $68.36 at the median for 2026 — annualizing to $142,196 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Holyoke's regional price level (BEA RPP 108.5, 9% above national), each hour of work buys what $63.00 nationally would. A 24-hour part-time schedule grosses $85,313 per year.
Based on BLS state-level estimates · View source
Actuaries in Holyoke, Massachusetts earn a median hourly wage of $68.36, which surpasses the national average of $64.50. This hourly rate provides a solid foundation for both part-time and per-diem workers in the profession. With their typical work environments ranging from insurance company pricing departments to consulting firms, actuaries who work three days a week can benefit significantly from this pay structure. The hourly rates for actuaries in Holyoke span widely, from $40.84 at the entry level to $105.97 for the most experienced professionals. It's important to remember that these hourly rates are derived from projected annual salaries, offering a clear picture of the compensation landscape for those in the field.
About the Holyoke Market
Salary estimated from Massachusetts average ($142,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $40.84 | $326.69 |
| Lower Range (P25) | $50.33 | $402.65 |
| Median (P50) | $68.36 | $546.88 |
| Upper Range (P75) | $87.50 | $700.03 |
| Top Earners (P90) | $105.97 | $847.73 |
Estimated Annual Income by Work Schedule in Holyoke
Based on $68.36/hr median hourly rate · 2026 est.
At $68.36/hr, a actuary working full-time (40 hr/wk) in Holyoke, MA can expect to earn approximately $142,188 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $82,032. With a cost-of-living index of 108.50 (above the national average), these earnings may be offset by higher expenses in Holyoke.
Hourly Rate Calculator
Schedule Comparison in Holyoke
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,734.39 | $11,849 | $142,188 |
| Part-Time (24 hrs) | $1,640.63 | $7,109 | $85,313 |
| Per Diem (16 hrs) | $1,093.75 | $4,740 | $56,875 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Holyoke) | $68.36 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Holyoke, MA earn a median of $142,196 per year (2026 est.), which is 5.99% higher than the national median of $134,160 and 2.30% below the Massachusetts state average of $145,544.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $68.36/hr = $85,313/year (purchasing power: $78,629).
Working 40h/week (full-time) = $142,188/year (purchasing power: $131,049).
CoL index: 108.5 (100 = national average).
2019 BLS Actual
$55.21/hr
2025 BLS Actual
$66.24/hr
2026 Current Est.
$68.36/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Holyoke (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $55.21/hr | Actual |
| 2020 | $56.57/hr | Actual |
| 2021 | $53.96/hr | Actual |
| 2022 | $58.08/hr | Actual |
| 2023 | $61.14/hr | Actual |
| 2024 | $72.36/hr | Actual |
| 2025 | $66.24/hr | Actual |
| 2026(current) | $68.36/hr | Estimated |
| 2027 | $70.55/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Holyoke grew 20.0% from $55.21/hr (2019) to $66.24/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $70.55/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 Holyoke 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 Holyoke
The earning potential for part-time actuaries can vary widely depending on their work schedule. For instance, a professional working 24 hours a week at the median hourly rate would bring home approximately $84,053 annually, illustrating the appeal of part-time arrangements. Although per diem or agency work is less common for junior actuaries, those with advanced certifications like the FSA or FCAS can command rates between $250 and $500 per hour, particularly in consulting engagements. Additionally, expert witnesses in litigation can demand between $400 and $800 per hour. In Holyoke, actuaries employed by life insurance firms like Prudential or health insurance companies like UnitedHealth might experience varying compensation based on employer type, with some actuaries preferring higher hourly rates without benefits over more consistent pay with health coverage. When negotiating, it’s crucial for hour-based workers to be aware of market rates and employer expectations, allowing them to advocate for their worth effectively.
More salary data for Holyoke, MA:
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 Holyoke. 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 Holyoke 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