Actuary Hourly Pay in East Orange, NJ: $75.33 (2026)
Quick Answer:Hourly pay for a actuary working in East Orange, NJ runs $75.33 at the median for 2026 — annualizing to $156,685 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against East Orange's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $65.39 nationally would. A 24-hour part-time schedule grosses $94,006 per year.
Based on BLS state-level estimates · View source
In East Orange, NJ, actuaries earn a median hourly rate of $75.33, which significantly exceeds the national median of $64.50. This elevated hourly rate suggests a rewarding opportunity for both full-time professionals and part-time workers in common settings such as insurance companies, consulting firms, and reinsurance teams. For those considering part-time roles at three days a week, the compensation can still be lucrative, allowing for a balanced work-life approach. Entry-level actuaries may see hourly pay starting around $45.69, while seasoned experts might command rates as high as $116.76. The range of earnings reflects an industry where demand is strong and skill development is incentivized through professional exams and credentials, making this field particularly appealing for individuals seeking both financial stability and intellectual challenge in 2026.
About the East Orange Market
Salary estimated from New Jersey average ($142,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $45.69 | $365.49 |
| Lower Range (P25) | $54.51 | $436.08 |
| Median (P50) | $75.33 | $602.61 |
| Upper Range (P75) | $96.42 | $771.36 |
| Top Earners (P90) | $116.76 | $934.08 |
Estimated Annual Income by Work Schedule in East Orange
Based on $75.33/hr median hourly rate · 2026 est.
At $75.33/hr, a actuary working full-time (40 hr/wk) in East Orange, NJ can expect to earn approximately $156,677 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $90,391. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in East Orange.
Hourly Rate Calculator
Schedule Comparison in East Orange
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $3,013.03 | $13,056 | $156,677 |
| Part-Time (24 hrs) | $1,807.82 | $7,834 | $94,006 |
| Per Diem (16 hrs) | $1,205.21 | $5,223 | $62,671 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (East Orange) | $75.33 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in East Orange, NJ earn a median of $156,685 per year (2026 est.), which is 16.79% higher than the national median of $134,160 and 1.40% above the New Jersey state average of $154,522.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $75.33/hr = $94,006/year (purchasing power: $81,603).
Working 40h/week (full-time) = $156,677/year (purchasing power: $136,005).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$60.83/hr
2025 BLS Actual
$72.99/hr
2026 Current Est.
$75.33/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in East Orange (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $60.83/hr | Actual |
| 2020 | $62.34/hr | Actual |
| 2021 | $59.46/hr | Actual |
| 2022 | $64.00/hr | Actual |
| 2023 | $67.38/hr | Actual |
| 2024 | $79.73/hr | Actual |
| 2025 | $72.99/hr | Actual |
| 2026(current) | $75.33/hr | Estimated |
| 2027 | $77.74/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in East Orange grew 20.0% from $60.83/hr (2019) to $72.99/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $77.74/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 East Orange 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 East Orange
In East Orange, actuaries who choose to work part-time can expect to earn substantial income. By working a 24-hour week, an actuary could bring home around $93,500 annually, demonstrating that even in a reduced schedule, the profession remains financially rewarding. Per-diem or agency work, while rare at the entry level, becomes more prevalent among Fellows of the Society of Actuaries (FSA) or Fellow of the Casualty Actuarial Society (FCAS), with consulting positions often billing at rates between $250 to $500 per hour. The type of employer can heavily influence hourly pay; firms in life insurance, managed healthcare, or property and casualty insurance will each have their own compensation structures. Some actuaries may find value in accepting slightly lower hourly rates in exchange for benefits like health insurance, which can be crucial for long-term financial planning. Negotiating for hourly rates in East Orange can prove advantageous, especially when demonstrating specialized qualifications or in-demand skills such as data analytics, which are becoming increasingly required for elevated roles.
More salary data for East Orange, NJ:
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 East Orange. 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 East Orange 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