Actuary Hourly Pay in Brooklyn Park, MN: $62.98 (2026)
Quick Answer:Hourly pay for a actuary working in Brooklyn Park, MN runs $62.98 at the median for 2026 — annualizing to $131,009 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Brooklyn Park's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $63.94 nationally would. A 24-hour part-time schedule grosses $78,603 per year.
Based on BLS state-level estimates · View source
In Brooklyn Park, Minnesota, actuaries earn a median hourly rate of $62.98, which is lower than the national median of $64.50. This rate presents various opportunities for actuaries opting for part-time work, such as those who might work three days a week, allowing them to balance professional duties with other life commitments. Per-diem actuaries can find roles in a variety of settings, including insurance pricing departments and consulting engagements, where they can engage with clients without taking on full-time responsibilities. The hourly range for actuaries in Brooklyn Park extends from $36.53 for entry-level positions up to $97.63 for experienced professionals, demonstrating the diversity in earning potential based on experience and employer.
About the Brooklyn Park Market
Salary estimated from Minnesota average ($128,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $36.53 | $292.26 |
| Lower Range (P25) | $49.02 | $392.16 |
| Median (P50) | $62.98 | $503.86 |
| Upper Range (P75) | $80.62 | $644.96 |
| Top Earners (P90) | $97.63 | $781.02 |
Estimated Annual Income by Work Schedule in Brooklyn Park
Based on $62.98/hr median hourly rate · 2026 est.
At $62.98/hr, a actuary working full-time (40 hr/wk) in Brooklyn Park, MN can expect to earn approximately $131,005 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $75,580. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Brooklyn Park.
Hourly Rate Calculator
Schedule Comparison in Brooklyn Park
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,519.32 | $10,917 | $131,005 |
| Part-Time (24 hrs) | $1,511.59 | $6,550 | $78,603 |
| Per Diem (16 hrs) | $1,007.73 | $4,367 | $52,402 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Brooklyn Park) | $62.98 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Brooklyn Park, MN earn a median of $131,009 per year (2026 est.), which is 2.35% lower than the national median of $134,160 and 0.90% below the Minnesota state average of $132,199.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $62.98/hr = $78,603/year (purchasing power: $79,800).
Working 40h/week (full-time) = $131,005/year (purchasing power: $133,000).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$50.87/hr
2025 BLS Actual
$61.03/hr
2026 Current Est.
$62.98/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Brooklyn Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.87/hr | Actual |
| 2020 | $52.12/hr | Actual |
| 2021 | $49.72/hr | Actual |
| 2022 | $53.51/hr | Actual |
| 2023 | $56.34/hr | Actual |
| 2024 | $60.09/hr | Actual |
| 2025 | $61.03/hr | Actual |
| 2026(current) | $62.98/hr | Estimated |
| 2027 | $65.00/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Brooklyn Park grew 20.0% from $50.87/hr (2019) to $61.03/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $65.00/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 Brooklyn Park 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 Brooklyn Park
For those considering part-time work as an actuary in Brooklyn Park, a 24-hour workweek could lead to an annual income substantially lower than full-time colleagues. At the higher end, per-diem work is more viable for seasoned actuaries who have attained their FSA or FCAS credentials, particularly in consulting roles where they can command rates of $250 to $500 per hour. Such roles often arise in life and health insurance companies, like UnitedHealth and Cigna, as well as consulting firms such as Mercer and Aon. However, new graduates may find limited per-diem opportunities and often begin their careers within structured employer settings, where consistent hourly work provides stability. For many, the decision to work for a lower hourly rate at a firm offering comprehensive benefits can be a strategic choice, aligning career development with long-term job security. In Brooklyn Park, strong negotiation skills can help actuaries secure better rates, especially those with advanced credentials, leveraging the demand for their specialized skills in various insurance and consulting sectors.
More salary data for Brooklyn Park, MN:
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 Brooklyn Park. 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 Brooklyn Park 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