Actuary Hourly Pay in Joplin, MO: $56.03 (2026)
Quick Answer:Hourly pay for a actuary working in Joplin, MO runs $56.03 at the median for 2026 — annualizing to $116,544 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Joplin's regional price level (BEA RPP 89.6, 10% below national), each hour of work buys what $62.53 nationally would. A 24-hour part-time schedule grosses $69,922 per year.
Based on BLS state-level estimates · View source
In Joplin, Missouri, actuaries earn a median hourly rate of $56.03, which falls below the national median of $64.50. This discrepancy highlights the challenges in local markets for those seeking part-time or per-diem roles within actuarial functions. With entry-level positions starting around $34.22 and experienced professionals earning as much as $86.84 per hour, there is a significant range in potential earnings based on experience and expertise. Many actuaries work in settings such as insurance pricing departments, consulting firm client interactions, or remote modeling tasks, where the flexibility of part-time contracts allows for different work-life arrangements and schedules.
About the Joplin Market
Salary estimated from Missouri average ($118,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $34.22 | $273.77 |
| Lower Range (P25) | $42.13 | $337.01 |
| Median (P50) | $56.03 | $448.22 |
| Upper Range (P75) | $71.72 | $573.79 |
| Top Earners (P90) | $86.84 | $694.74 |
Estimated Annual Income by Work Schedule in Joplin
Based on $56.03/hr median hourly rate · 2026 est.
At $56.03/hr, a actuary working full-time (40 hr/wk) in Joplin, MO can expect to earn approximately $116,537 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $67,233. With a cost-of-living index of 89.60 (below the national average), these earnings stretch further in Joplin.
Hourly Rate Calculator
Schedule Comparison in Joplin
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,241.09 | $9,711 | $116,537 |
| Part-Time (24 hrs) | $1,344.65 | $5,827 | $69,922 |
| Per Diem (16 hrs) | $896.44 | $3,885 | $46,615 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Joplin) | $56.03 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Joplin, MO earn a median of $116,544 per year (2026 est.), which is 13.13% lower than the national median of $134,160 and 3.00% below the Missouri state average of $120,148.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $56.03/hr = $69,922/year (purchasing power: $78,038).
Working 40h/week (full-time) = $116,537/year (purchasing power: $130,063).
CoL index: 89.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$45.25/hr
2025 BLS Actual
$54.29/hr
2026 Current Est.
$56.03/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Joplin (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.25/hr | Actual |
| 2020 | $46.37/hr | Actual |
| 2021 | $44.23/hr | Actual |
| 2022 | $47.60/hr | Actual |
| 2023 | $50.11/hr | Actual |
| 2024 | $49.28/hr | Actual |
| 2025 | $54.29/hr | Actual |
| 2026(current) | $56.03/hr | Estimated |
| 2027 | $57.82/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Joplin grew 20.0% from $45.25/hr (2019) to $54.29/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $57.82/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 Joplin 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 Joplin
Examining the earning potential for part-time actuaries in Joplin illustrates a stark contrast between those working three days per week versus full-time counterparts. For example, an actuary working 24 hours per week would generate an annual income of approximately $70,000, significantly below a full-time actuarial salary. The landscape for per diem actuary pay in Joplin is less common at junior levels, though experienced actuaries with FCAS or FSA credentials can command rates of $250 to $500 per hour for consulting roles. Actuaries often find varying pay scales across different sectors, such as life insurance or health care, factoring in both compensation and benefits when negotiating salaries. In Joplin, it’s wise to evaluate the trade-offs between potential hourly rates and the health benefits often associated with permanent positions, tailoring negotiation strategies accordingly.
More salary data for Joplin, MO:
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 Joplin. 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 Joplin 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