Actuary Hourly Pay in Pittsfield, MA: $69.03 (2026)
Quick Answer:Hourly pay for a actuary working in Pittsfield, MA runs $69.03 at the median for 2026 — annualizing to $143,575 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Pittsfield's regional price level (BEA RPP 108.5, 9% above national), each hour of work buys what $63.62 nationally would. A 24-hour part-time schedule grosses $86,150 per year.
Based on BLS state-level estimates · View source
In Pittsfield, Massachusetts, actuaries enjoy a competitive hourly pay of $69.03, significantly higher than the national median of $64.50. This advantageous rate provides ample opportunities for those considering part-time or per-diem work, which is less common at the junior levels but can be lucrative for experienced professionals. Actuaries can often engage in various settings, ranging from pricing departments in insurance companies to remote actuarial modeling roles. The hourly pay range here spans from $42.34 for entry-level positions to $106.99 for top earners, reflecting the profession's diverse career paths and the value placed on experience and expertise.
About the Pittsfield 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) | $42.34 | $338.74 |
| Lower Range (P25) | $54.31 | $434.51 |
| Median (P50) | $69.03 | $552.24 |
| Upper Range (P75) | $88.03 | $704.24 |
| Top Earners (P90) | $106.99 | $855.90 |
Estimated Annual Income by Work Schedule in Pittsfield
Based on $69.03/hr median hourly rate · 2026 est.
At $69.03/hr, a actuary working full-time (40 hr/wk) in Pittsfield, MA can expect to earn approximately $143,583 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $82,837. With a cost-of-living index of 108.50 (above the national average), these earnings may be offset by higher expenses in Pittsfield.
Hourly Rate Calculator
Schedule Comparison in Pittsfield
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,761.22 | $11,965 | $143,583 |
| Part-Time (24 hrs) | $1,656.73 | $7,179 | $86,150 |
| Per Diem (16 hrs) | $1,104.49 | $4,786 | $57,433 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Pittsfield) | $69.03 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Pittsfield, MA earn a median of $143,575 per year (2026 est.), which is 7.02% higher than the national median of $134,160 and 1.40% below the Massachusetts state average of $145,614.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $69.03/hr = $86,150/year (purchasing power: $79,401).
Working 40h/week (full-time) = $143,583/year (purchasing power: $132,335).
CoL index: 108.5 (100 = national average).
2019 BLS Actual
$55.75/hr
2025 BLS Actual
$66.89/hr
2026 Current Est.
$69.03/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Pittsfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $55.75/hr | Actual |
| 2020 | $57.13/hr | Actual |
| 2021 | $54.49/hr | Actual |
| 2022 | $58.65/hr | Actual |
| 2023 | $61.74/hr | Actual |
| 2024 | $73.06/hr | Actual |
| 2025 | $66.89/hr | Actual |
| 2026(current) | $69.03/hr | Estimated |
| 2027 | $71.24/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Pittsfield grew 20.0% from $55.75/hr (2019) to $66.89/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $71.24/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 Pittsfield 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 Pittsfield
When examining the earning potential for part-time actuaries working three days a week, the net take-home can significantly differ from that of full-time colleagues. A 24-hour work week translates to approximately $77,000 annually, which can be appealing for balancing work-life dynamics. Additionally, those involved in per-diem actuarial roles can charge $250 to $500 per hour for consulting engagements if they hold advanced credentials such as Fellowship of the Society of Actuaries (FSA) or Fellow of the Casualty Actuarial Society (FCAS). Notably, the hourly rates can vary dramatically depending on employer types in Pittsfield—life insurance firms like Prudential and health insurers such as UnitedHealth may offer more stable compensation, including benefits, while consulting firms like Aon and Milliman might provide higher pay rates without benefits. This trade-off merits consideration during negotiations, especially as candidates balance between health insurance allowances and the potential for increased hourly compensation by opting for freelance work or short-term contracts.
More salary data for Pittsfield, 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 Pittsfield. 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 Pittsfield 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