Actuary Hourly Pay in Raytown, MO: $55.78 (2026)
Quick Answer:Hourly pay for a actuary working in Raytown, MO runs $55.78 at the median for 2026 — annualizing to $116,028 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Raytown's regional price level (BEA RPP 89.6, 10% below national), each hour of work buys what $62.25 nationally would. A 24-hour part-time schedule grosses $69,613 per year.
Based on BLS state-level estimates · View source
In Raytown, Missouri, actuaries earn a median hourly pay of $55.78, which reflects a noticeable gap compared to the national median hourly rate of $64.50. This rate is particularly significant for part-time actuaries working three days a week, offering them a comfortable income while maintaining flexibility. For those in per-diem roles, typically found in settings like consulting firms or health insurance team meetings, the pay can range from $36.76 at entry-level positions to upwards of $86.46 for seasoned professionals. These hourly figures are derived from annual salary estimates and highlight a competitive landscape for both entry-level and top-earning actuaries in the area.
About the Raytown 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) | $36.76 | $294.08 |
| Lower Range (P25) | $43.65 | $349.23 |
| Median (P50) | $55.78 | $446.24 |
| Upper Range (P75) | $71.40 | $571.23 |
| Top Earners (P90) | $86.46 | $691.69 |
Estimated Annual Income by Work Schedule in Raytown
Based on $55.78/hr median hourly rate · 2026 est.
At $55.78/hr, a actuary working full-time (40 hr/wk) in Raytown, MO can expect to earn approximately $116,022 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $66,936. With a cost-of-living index of 89.60 (below the national average), these earnings stretch further in Raytown.
Hourly Rate Calculator
Schedule Comparison in Raytown
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,231.18 | $9,668 | $116,022 |
| Part-Time (24 hrs) | $1,338.71 | $5,801 | $69,613 |
| Per Diem (16 hrs) | $892.47 | $3,867 | $46,409 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Raytown) | $55.78 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Raytown, MO earn a median of $116,028 per year (2026 est.), which is 13.52% lower than the national median of $134,160 and 3.50% below the Missouri state average of $120,236.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $55.78/hr = $69,613/year (purchasing power: $77,693).
Working 40h/week (full-time) = $116,022/year (purchasing power: $129,488).
CoL index: 89.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$45.05/hr
2025 BLS Actual
$54.05/hr
2026 Current Est.
$55.78/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Raytown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.05/hr | Actual |
| 2020 | $46.16/hr | Actual |
| 2021 | $44.03/hr | Actual |
| 2022 | $47.39/hr | Actual |
| 2023 | $49.89/hr | Actual |
| 2024 | $49.06/hr | Actual |
| 2025 | $54.05/hr | Actual |
| 2026(current) | $55.78/hr | Estimated |
| 2027 | $57.56/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Raytown grew 20.0% from $45.05/hr (2019) to $54.05/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $57.56/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 Raytown 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 Raytown
Assessing the part-time earnings potential for actuaries in Raytown reveals intriguing dynamics for those working 24 hours a week. Yearly, these professionals can expect to earn significantly less than their full-time counterparts, but the option for flexible hours remains attractive, especially for ASA or early FSA candidates engaging in professional development. While more junior actuaries may find per-diem work limited, more experienced professionals often bill consulting engagements at rates between $250 and $500 per hour, depending on their expertise. In contrast, expert witness roles in litigation can fetch numbers as high as $800 per hour. Those within large firms, such as Prudential or UnitedHealth, often see varying hourly rates tied to their benefits and the structure of their work. Actuaries considering positions that offer lower hourly rates might weigh those against comprehensive healthcare benefits. To negotiate effectively in Raytown, it’s wise to emphasize relevant credentials and experience, especially as those actively progressing through the SOA or CAS credentialing pathways typically have considerable leverage.
More salary data for Raytown, 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 Raytown. 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 Raytown 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