Actuary Hourly Pay in St. Joseph, MO: $57.96 (2026)
Quick Answer:Hourly pay for a actuary working in St. Joseph, MO runs $57.96 at the median for 2026 — annualizing to $120,552 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against St. Joseph's regional price level (BEA RPP 89.6, 10% below national), each hour of work buys what $64.68 nationally would. A 24-hour part-time schedule grosses $72,330 per year.
Based on BLS state-level estimates · View source
In 2026, actuaries in St. Joseph, Missouri, earn a median hourly rate of $57.96, which is notably lower than the national hourly median of $64.50. This figure reflects the compensation landscape in local settings such as insurance company actuarial pricing departments or consulting firms. For those considering part-time work, such as three days a week, this translates to an annual income of around $45,000, while full-time employment can lead to significantly higher earnings. The hourly pay ranges from $34.07 for entry-level roles to $89.84 for the most experienced professionals, illustrating a diverse earning potential within the field. These estimates are derived from annual salary projections and provide a solid foundation for understanding the compensation structure for actuaries in St. Joseph.
About the St. Joseph 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) | $34.07 | $272.53 |
| Lower Range (P25) | $42.44 | $339.49 |
| Median (P50) | $57.96 | $463.66 |
| Upper Range (P75) | $74.19 | $593.52 |
| Top Earners (P90) | $89.84 | $718.68 |
Estimated Annual Income by Work Schedule in St. Joseph
Based on $57.96/hr median hourly rate · 2026 est.
At $57.96/hr, a actuary working full-time (40 hr/wk) in St. Joseph, MO can expect to earn approximately $120,551 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $69,549. With a cost-of-living index of 89.60 (below the national average), these earnings stretch further in St. Joseph.
Hourly Rate Calculator
Schedule Comparison in St. Joseph
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,318.28 | $10,046 | $120,551 |
| Part-Time (24 hrs) | $1,390.97 | $6,028 | $72,330 |
| Per Diem (16 hrs) | $927.31 | $4,018 | $48,220 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (St. Joseph) | $57.96 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in St. Joseph, MO earn a median of $120,552 per year (2026 est.), which is 10.14% lower than the national median of $134,160 and 0.30% above the Missouri state average of $120,191.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $57.96/hr = $72,330/year (purchasing power: $80,726).
Working 40h/week (full-time) = $120,551/year (purchasing power: $134,543).
CoL index: 89.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$46.81/hr
2025 BLS Actual
$56.16/hr
2026 Current Est.
$57.96/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in St. Joseph (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $46.81/hr | Actual |
| 2020 | $47.96/hr | Actual |
| 2021 | $45.75/hr | Actual |
| 2022 | $49.24/hr | Actual |
| 2023 | $51.84/hr | Actual |
| 2024 | $50.98/hr | Actual |
| 2025 | $56.16/hr | Actual |
| 2026(current) | $57.96/hr | Estimated |
| 2027 | $59.81/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in St. Joseph grew 20.0% from $46.81/hr (2019) to $56.16/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $59.81/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 St. Joseph 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 St. Joseph
The earning potential for part-time actuaries working approximately 24 hours a week could lead to an annual take-home of $45,000, which starkly contrasts the full-time counterparts. Per-diem work is relatively uncommon for entry-level actuaries, but more seasoned professionals, especially those with FSA or FCAS credentials, can command higher fees. Consulting engagements often bill at $250 to $500 per hour, while expert testimony in legal cases can yield $400 to $800 per hour. Employers across various sectors—such as life insurance, health insurers, and reinsurance firms—offer varying rates, often influenced by the benefits they provide. Actuaries may accept lower hourly rates for positions that include health insurance and retirement plans, while some prioritize higher hourly compensation without additional benefits. Those pursuing hourly roles should approach negotiations by emphasizing their credentialed status and expertise, particularly in a city like St. Joseph where the actuarial community is relatively small yet vital.
More salary data for St. Joseph, 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 St. Joseph. 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 St. Joseph 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