Actuary Hourly Pay in St. Clair Shores, MI: $59.76 (2026)
Quick Answer:Hourly pay for a actuary working in St. Clair Shores, MI runs $59.76 at the median for 2026 — annualizing to $124,297 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against St. Clair Shores's regional price level (BEA RPP 93.2, 7% below national), each hour of work buys what $64.12 nationally would. A 24-hour part-time schedule grosses $74,584 per year.
Based on BLS state-level estimates · View source
Actuaries working in St. Clair Shores earn a median hourly pay of $59.76, which falls below the national median of $64.50. This hourly wage offers a lucrative opportunity for both part-time professionals and those engaged in per-diem work within settings like insurance company actuarial pricing departments and consulting firm client engagements. With an hourly range from $37.13 for entry-level positions to $92.62 for seasoned experts, there is significant potential for actuaries to adapt their working hours based on needs, especially in roles that allow remote or hybrid modeling. The variation in hourly rates reflects the experience levels of actuaries in the area, which can span from junior analysts to those holding advanced certifications like FSA or FCAS, who often command higher rates.
About the St. Clair Shores Market
Salary estimated from Michigan average ($120,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $37.13 | $297.05 |
| Lower Range (P25) | $45.40 | $363.18 |
| Median (P50) | $59.76 | $478.10 |
| Upper Range (P75) | $76.49 | $611.93 |
| Top Earners (P90) | $92.62 | $740.98 |
Estimated Annual Income by Work Schedule in St. Clair Shores
Based on $59.76/hr median hourly rate · 2026 est.
At $59.76/hr, a actuary working full-time (40 hr/wk) in St. Clair Shores, MI can expect to earn approximately $124,307 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $71,716. With a cost-of-living index of 93.20 (below the national average), these earnings stretch further in St. Clair Shores.
Hourly Rate Calculator
Schedule Comparison in St. Clair Shores
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,390.52 | $10,359 | $124,307 |
| Part-Time (24 hrs) | $1,434.31 | $6,215 | $74,584 |
| Per Diem (16 hrs) | $956.21 | $4,144 | $49,723 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (St. Clair Shores) | $59.76 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in St. Clair Shores, MI earn a median of $124,297 per year (2026 est.), which is 7.35% lower than the national median of $134,160 and 0.60% below the Michigan state average of $125,047.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $59.76/hr = $74,584/year (purchasing power: $80,026).
Working 40h/week (full-time) = $124,307/year (purchasing power: $133,377).
CoL index: 93.2 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$48.27/hr
2025 BLS Actual
$57.91/hr
2026 Current Est.
$59.76/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in St. Clair Shores (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.27/hr | Actual |
| 2020 | $49.46/hr | Actual |
| 2021 | $47.17/hr | Actual |
| 2022 | $50.78/hr | Actual |
| 2023 | $53.46/hr | Actual |
| 2024 | $53.45/hr | Actual |
| 2025 | $57.91/hr | Actual |
| 2026(current) | $59.76/hr | Estimated |
| 2027 | $61.68/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in St. Clair Shores grew 20.0% from $48.27/hr (2019) to $57.91/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $61.68/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 St. Clair Shores 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 St. Clair Shores
For those considering part-time work, the financials can vary greatly. An actuary working three days a week, approximately 24 hours, could expect to take home around $74,996 annually, which reflects a solid earning potential while allowing for flexibility. Interestingly, per-diem or freelance work is not common among junior actuaries, as most lack the credentials to bill at higher rates. However, seasoned professionals billing as independent consultants can receive anywhere from $250 to $500 per hour for specialized engagements, such as FSA consultations or expert witness testimonies in insurance or pension litigation, which can range from $400 to $800 per hour. Depending on the employer type—where health insurance firms may offer lower pay but dependable benefits and consulting firms may provide higher hourly rates—professionals need to weigh the trade-offs of benefits versus hourly compensation. For those navigating the local market, negotiating for a higher pay rate in St. Clair Shores can hinge on showcasing skills in predictive analytics or data science, especially as those competencies become increasingly sought after in the profession.
More salary data for St. Clair Shores, MI:
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 St. Clair Shores. 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 St. Clair Shores 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