Actuary Hourly Pay in Eagan, MN: $62.27 (2026)
Quick Answer:Hourly pay for a actuary working in Eagan, MN runs $62.27 at the median for 2026 — annualizing to $129,523 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Eagan's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $63.22 nationally would. A 24-hour part-time schedule grosses $77,714 per year.
Based on BLS state-level estimates · View source
In Eagan, MN, actuaries earn a median hourly pay of $62.27, which is slightly below the national median of $64.50. This rate reflects the evolving landscape for actuary roles across various sectors, including insurance and consulting firms. With a range that spans from $39.36 for entry-level positions up to $96.52 for those at the top of their careers, the hourly compensation offers flexibility for part-time workers, such as those operating on a three-day workweek. For actuaries in roles such as actuarial pricing departments or pension plan consultations, working part-time could result in a significant yet manageable annual income. Most importantly, the hourly figures stem from estimated annual salary data, illustrating the diverse opportunities available in Eagan, where actuaries might even engage in remote modeling work.
About the Eagan 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) | $39.36 | $314.88 |
| Lower Range (P25) | $47.62 | $380.93 |
| Median (P50) | $62.27 | $498.17 |
| Upper Range (P75) | $79.71 | $637.69 |
| Top Earners (P90) | $96.52 | $772.18 |
Estimated Annual Income by Work Schedule in Eagan
Based on $62.27/hr median hourly rate · 2026 est.
At $62.27/hr, a actuary working full-time (40 hr/wk) in Eagan, MN can expect to earn approximately $129,523 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,725. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Eagan.
Hourly Rate Calculator
Schedule Comparison in Eagan
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,490.84 | $10,794 | $129,523 |
| Part-Time (24 hrs) | $1,494.50 | $6,476 | $77,714 |
| Per Diem (16 hrs) | $996.33 | $4,317 | $51,809 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Eagan) | $62.27 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Eagan, MN earn a median of $129,523 per year (2026 est.), which is 3.46% lower than the national median of $134,160 and 2.00% below the Minnesota state average of $132,167.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $62.27/hr = $77,714/year (purchasing power: $78,898).
Working 40h/week (full-time) = $129,523/year (purchasing power: $131,496).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$50.29/hr
2025 BLS Actual
$60.34/hr
2026 Current Est.
$62.27/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Eagan (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.29/hr | Actual |
| 2020 | $51.54/hr | Actual |
| 2021 | $49.15/hr | Actual |
| 2022 | $52.91/hr | Actual |
| 2023 | $55.70/hr | Actual |
| 2024 | $59.41/hr | Actual |
| 2025 | $60.34/hr | Actual |
| 2026(current) | $62.27/hr | Estimated |
| 2027 | $64.26/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Eagan grew 20.0% from $50.29/hr (2019) to $60.34/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $64.26/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 Eagan 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 Eagan
When looking at part-time earning potential, an actuary working three days a week (approximately 24 hours) would take home around $77,612 annually, compared to a full-time counterpart earning close to $129,523. While per-diem actuarial work can be uncommon for junior actuaries, experienced professionals such as Fellows of the Society of Actuaries (FSA) or Fellows of the Casualty Actuarial Society (FCAS) can command substantial consulting fees ranging from $250 to $500 per hour for specialized engagements. Consulting firms in Eagan, like Milliman and Aon, typically offer higher hourly rates for seasoned professionals compared to life and health insurance companies. Some actuaries, however, may opt for lower hourly rates in exchange for benefits such as health insurance, weighing the trade-offs carefully. Practicing effective negotiation is crucial in Eagan’s market, where understanding the differences in compensation across various employer types can empower actuaries to secure better hourly pay that aligns with both their expertise and lifestyle needs.
More salary data for Eagan, 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 Eagan. 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 Eagan 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