Actuary Hourly Pay in Elko, NV: $59.33 (2026)
Quick Answer:Hourly pay for a actuary working in Elko, NV runs $59.33 at the median for 2026 — annualizing to $123,396 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Elko's regional price level (BEA RPP 98.3, 2% below national), each hour of work buys what $60.36 nationally would. A 24-hour part-time schedule grosses $74,043 per year.
Based on BLS state-level estimates · View source
Actuaries in Elko, Nevada, earn a median hourly rate of $59.33, which is lower than the national median of $64.50. This wage provides a reasonable lifestyle for those considering part-time roles, such as working three days a week, where they can anticipate a stable income from engaging with various actuarial tasks, including those in insurance and pension plan meetings or remote actuarial modeling. The hourly compensation spans a range from $40.18 for entry-level positions to a high of $89.70 for seasoned professionals, offering solid earning potential across different levels of experience within the field. As these figures are derived from projected annual salaries, they are indicative of the expected remuneration that actuaries can anticipate as they grow within their careers in Elko.
About the Elko Market
Salary estimated from Nevada average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $40.18 | $321.41 |
| Lower Range (P25) | $47.18 | $377.46 |
| Median (P50) | $59.33 | $474.64 |
| Upper Range (P75) | $74.17 | $593.36 |
| Top Earners (P90) | $89.70 | $717.61 |
Estimated Annual Income by Work Schedule in Elko
Based on $59.33/hr median hourly rate · 2026 est.
At $59.33/hr, a actuary working full-time (40 hr/wk) in Elko, NV can expect to earn approximately $123,406 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $71,196. With a cost-of-living index of 98.30 (below the national average), these earnings stretch further in Elko.
Hourly Rate Calculator
Schedule Comparison in Elko
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,373.19 | $10,284 | $123,406 |
| Part-Time (24 hrs) | $1,423.91 | $6,170 | $74,043 |
| Per Diem (16 hrs) | $949.27 | $4,114 | $49,362 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Elko) | $59.33 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Elko, NV earn a median of $123,396 per year (2026 est.), which is 8.02% lower than the national median of $134,160 and 6.40% below the Nevada state average of $131,834.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $59.33/hr = $74,043/year (purchasing power: $75,324).
Working 40h/week (full-time) = $123,406/year (purchasing power: $125,540).
CoL index: 98.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$47.92/hr
2025 BLS Actual
$57.49/hr
2026 Current Est.
$59.33/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Elko (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $47.92/hr | Actual |
| 2020 | $49.10/hr | Actual |
| 2021 | $46.83/hr | Actual |
| 2022 | $50.41/hr | Actual |
| 2023 | $53.07/hr | Actual |
| 2024 | $50.85/hr | Actual |
| 2025 | $57.49/hr | Actual |
| 2026(current) | $59.33/hr | Estimated |
| 2027 | $61.23/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Elko grew 20.0% from $47.92/hr (2019) to $57.49/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $61.23/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 Elko 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 Elko
For actuaries contemplating part-time work, a typical schedule of 24 hours per week translates to an annual take-home that may significantly differ when compared to full-time positions, emphasizing the choice between flexibility and financial security. Although per-diem actuarial work is less common for junior actuaries, experienced actuaries, particularly those with FSA or FCAS credentials, can bill anywhere from $250 to $500 per hour for consulting projects, while expert witnesses in litigation can earn between $400 and $800 per hour. The hourly rates often vary based on employer type: actuaries employed at life insurance companies like Prudential or MetLife may settle for less than those at consulting firms such as Mercer or Aon, where premium pay is offered for higher certification levels. Many professionals weigh the trade-offs between higher hourly pay without benefits against the more stable positions that provide health coverage and retirement benefits. When negotiating positions, those looking at hourly roles in Elko should emphasize their experience, passed exams, and any additional skills that align with evolving industry demands, especially in predictive analytics and data science.
More salary data for Elko, NV:
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 Elko. 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 Elko 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