Actuary Hourly Pay in Leominster, MA: $66.43 (2026)
Quick Answer:Hourly pay for a actuary working in Leominster, MA runs $66.43 at the median for 2026 — annualizing to $138,164 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Leominster's regional price level (BEA RPP 108.5, 9% above national), each hour of work buys what $61.23 nationally would. A 24-hour part-time schedule grosses $82,904 per year.
Based on BLS state-level estimates · View source
In 2026, the actuary hourly pay in Leominster, Massachusetts is projected to be $66.43, surpassing the national median of $64.50. This competitive rate allows actuaries working part-time—such as those in typical settings like insurance company pricing departments or consulting engagements—to earn a substantial income while maintaining flexible schedules, often working three days a week. With the hourly range for actuaries in Leominster running from $41.95 at the 10th percentile to $102.96 at the 90th percentile, there's a clear disparity based on experience and job functions. These estimates derive from annual salary data, suggesting a well-rounded earning potential for both full-time and per-diem actuaries, who may find opportunities in remote settings or actuarial modeling tasks.
About the Leominster 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) | $41.95 | $335.61 |
| Lower Range (P25) | $49.16 | $393.32 |
| Median (P50) | $66.43 | $531.44 |
| Upper Range (P75) | $85.03 | $680.21 |
| Top Earners (P90) | $102.96 | $823.70 |
Estimated Annual Income by Work Schedule in Leominster
Based on $66.43/hr median hourly rate · 2026 est.
At $66.43/hr, a actuary working full-time (40 hr/wk) in Leominster, MA can expect to earn approximately $138,174 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $79,716. With a cost-of-living index of 108.50 (above the national average), these earnings may be offset by higher expenses in Leominster.
Hourly Rate Calculator
Schedule Comparison in Leominster
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,657.19 | $11,515 | $138,174 |
| Part-Time (24 hrs) | $1,594.32 | $6,909 | $82,904 |
| Per Diem (16 hrs) | $1,062.88 | $4,606 | $55,270 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Leominster) | $66.43 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Leominster, MA earn a median of $138,164 per year (2026 est.), which is 2.98% higher than the national median of $134,160 and 5.10% below the Massachusetts state average of $145,589.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $66.43/hr = $82,904/year (purchasing power: $76,410).
Working 40h/week (full-time) = $138,174/year (purchasing power: $127,349).
CoL index: 108.5 (100 = national average).
2019 BLS Actual
$53.65/hr
2025 BLS Actual
$64.37/hr
2026 Current Est.
$66.43/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Leominster (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $53.65/hr | Actual |
| 2020 | $54.98/hr | Actual |
| 2021 | $52.44/hr | Actual |
| 2022 | $56.44/hr | Actual |
| 2023 | $59.42/hr | Actual |
| 2024 | $70.31/hr | Actual |
| 2025 | $64.37/hr | Actual |
| 2026(current) | $66.43/hr | Estimated |
| 2027 | $68.56/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Leominster grew 20.0% from $53.65/hr (2019) to $64.37/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $68.56/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 Leominster 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 Leominster
Entering the part-time scene can significantly impact earnings for actuaries in Leominster. For example, a typical actuary working 24 hours a week can earn over $83,000 annually, turning it into a viable full-time alternative. Per-diem work is rarer at junior levels; however, seasoned professionals engaging in consulting or expert witness roles can charge $250 to $800 per hour. Different employer types, such as life insurance companies like Prudential and reinsurance firms like Munich Re, offer varied hourly rates based on the complexity of the roles. While some actuaries opt for insurance firms that provide benefits at slightly lower hourly rates, others may prefer higher pay without the perks. For those negotiating their hourly pay, connecting with local actuarial associations can yield insights into the prevailing pay rates and expectations within the MA market, enhancing their leverage in discussions.
More salary data for Leominster, 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 Leominster. 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 Leominster 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