Actuary Hourly Pay in Hernando, MS: $52.03 (2026)
Quick Answer:Hourly pay for a actuary working in Hernando, MS runs $52.03 at the median for 2026 — annualizing to $108,236 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Hernando's regional price level (BEA RPP 85.7, 14% below national), each hour of work buys what $60.72 nationally would. A 24-hour part-time schedule grosses $64,938 per year.
Based on BLS state-level estimates · View source
In Hernando, Mississippi, actuaries earn a median hourly wage of $52.03. This rate is significantly lower than the national median of $64.50, highlighting a regional disparity in actuary hourly pay in MS. For those considering part-time roles, such as working three days a week, the potential income could amount to around $41,622 annually, assuming a consistent 24-hour workweek. The hourly range for actuaries in Hernando spans from $31.35 (at the 10th percentile) to $80.66 (at the 90th percentile), allowing entry-level professionals and highly experienced actuaries a clear view of upward mobility within the industry. The hourly figures presented are estimated from projected annual salaries, which can reflect varying demands and responsibilities in environments such as insurance companies, pension firms, and consulting agencies.
About the Hernando Market
Salary estimated from Mississippi average ($95,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $31.35 | $250.82 |
| Lower Range (P25) | $40.60 | $324.79 |
| Median (P50) | $52.03 | $416.27 |
| Upper Range (P75) | $66.61 | $532.84 |
| Top Earners (P90) | $80.66 | $645.29 |
Estimated Annual Income by Work Schedule in Hernando
Based on $52.03/hr median hourly rate · 2026 est.
At $52.03/hr, a actuary working full-time (40 hr/wk) in Hernando, MS can expect to earn approximately $108,230 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $62,440. With a cost-of-living index of 85.70 (below the national average), these earnings stretch further in Hernando.
Hourly Rate Calculator
Schedule Comparison in Hernando
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,081.34 | $9,019 | $108,230 |
| Part-Time (24 hrs) | $1,248.80 | $5,411 | $64,938 |
| Per Diem (16 hrs) | $832.54 | $3,608 | $43,292 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Hernando) | $52.03 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Hernando, MS earn a median of $108,236 per year (2026 est.), which is 19.32% lower than the national median of $134,160 and 5.90% below the Mississippi state average of $115,022.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $52.03/hr = $64,938/year (purchasing power: $75,773).
Working 40h/week (full-time) = $108,230/year (purchasing power: $126,289).
CoL index: 85.7 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$42.02/hr
2025 BLS Actual
$50.42/hr
2026 Current Est.
$52.03/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Hernando (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $42.02/hr | Actual |
| 2020 | $43.06/hr | Actual |
| 2021 | $41.07/hr | Actual |
| 2022 | $44.21/hr | Actual |
| 2023 | $46.54/hr | Actual |
| 2024 | $36.85/hr | Actual |
| 2025 | $50.42/hr | Actual |
| 2026(current) | $52.03/hr | Estimated |
| 2027 | $53.70/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Hernando grew 20.0% from $42.02/hr (2019) to $50.42/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $53.70/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 Hernando 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 Hernando
Assessing part-time compensation reveals compelling insights into the trade-offs actuaries face between stability and higher pay. For an actuarial consultant who works per diem on a 1099 basis, the potential to earn $250 to $500 per hour for advanced consulting engagements is attractive, especially as Full Society of Actuaries (FSA) or Fellow of the Casualty Actuarial Society (FCAS) certifications command higher rates. Specializations, such as expert witness testimony in litigation cases, can fetch between $400 to $800 per hour, which is a stark contrast to the typical hourly rates desiring stability and benefits within organizations such as Prudential and UnitedHealth. Many actuaries choose positions with lower hourly rates to ensure health insurance and retirement benefits, weighing long-term job security against immediate income potential. In Hernando, negotiating hourly pay can be strategic; professionals should emphasize relevant experience and technical skills, especially in emerging fields like predictive analytics and data science, which are increasingly sought after by employers.
More salary data for Hernando, MS:
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 Hernando. 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 Hernando 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