Actuary Hourly Pay in Moorhead, MN: $61.10 (2026)
Quick Answer:Hourly pay for a actuary working in Moorhead, MN runs $61.10 at the median for 2026 — annualizing to $127,091 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Moorhead's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $62.04 nationally would. A 24-hour part-time schedule grosses $76,259 per year.
Based on BLS state-level estimates · View source
Actuaries in Moorhead, Minnesota, earn a median hourly rate of $61.10, which is slightly below the national median of $64.50. For part-time professionals—those working three days a week—this translates to a considerable earning potential while maintaining a balanced lifestyle, especially in sectors such as insurance companies and consulting firms where actuaries typically operate. Entry-level actuaries can expect to earn around $39.96 per hour, while top-tier professionals within the field can reach $94.71 per hour. These hourly rates are derived from annual salary data, reflecting the financial realities for actuaries in the area as they navigate their work in pricing departments, client engagements, and actuarial modeling, whether in-office, hybrid, or fully remote settings.
About the Moorhead 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) | $39.96 | $319.67 |
| Lower Range (P25) | $47.54 | $380.35 |
| Median (P50) | $61.10 | $488.84 |
| Upper Range (P75) | $77.41 | $619.28 |
| Top Earners (P90) | $94.71 | $757.65 |
Estimated Annual Income by Work Schedule in Moorhead
Based on $61.10/hr median hourly rate · 2026 est.
At $61.10/hr, a actuary working full-time (40 hr/wk) in Moorhead, MN can expect to earn approximately $127,098 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $73,326. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Moorhead.
Hourly Rate Calculator
Schedule Comparison in Moorhead
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,444.19 | $10,591 | $127,098 |
| Part-Time (24 hrs) | $1,466.51 | $6,355 | $76,259 |
| Per Diem (16 hrs) | $977.68 | $4,237 | $50,839 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Moorhead) | $61.10 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Moorhead, MN earn a median of $127,091 per year (2026 est.), which is 5.27% lower than the national median of $134,160 and 3.80% below the Minnesota state average of $132,111.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $61.10/hr = $76,259/year (purchasing power: $77,420).
Working 40h/week (full-time) = $127,098/year (purchasing power: $129,033).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$49.35/hr
2025 BLS Actual
$59.21/hr
2026 Current Est.
$61.10/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Moorhead (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.35/hr | Actual |
| 2020 | $50.57/hr | Actual |
| 2021 | $48.23/hr | Actual |
| 2022 | $51.92/hr | Actual |
| 2023 | $54.66/hr | Actual |
| 2024 | $58.30/hr | Actual |
| 2025 | $59.21/hr | Actual |
| 2026(current) | $61.10/hr | Estimated |
| 2027 | $63.06/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Moorhead grew 20.0% from $49.35/hr (2019) to $59.21/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $63.06/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 Moorhead 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 Moorhead
Looking deeper into the earning potential for part-time actuaries in Moorhead, those working 24 hours a week would bring in approximately $76,290 annually, significantly less than their full-time counterparts. Per-diem or 1099 actuarial roles are not commonly pursued at junior levels; however, seasoned professionals—holding credentials like FSA/FCAS—can command significantly higher rates for consulting projects or expert witness testimony, often in the range of $250 to $800 per hour. Factor in the type of employer, and the landscape shifts: life insurers might offer different hourly pay compared to health insurance firms or consulting organizations. Many actuaries accept positions with lower hourly rates when these roles provide health insurance benefits. Understanding the trade-offs within these hourly roles and negotiating effectively for desirable pay is crucial for those in the Moorhead area.
More salary data for Moorhead, MN:
Frequently Asked Questions
What is the hourly rate for actuaries in Moorhead in 2026?
How much do part-time actuaries make in Moorhead?
Are actuaries in Moorhead paid hourly or salary?
How much does a full-time actuary make per year in Moorhead?
Do actuaries earn more per hour working part-time in Moorhead?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Minnesota
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 Moorhead. 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 Moorhead 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