Actuary Hourly Pay in Evesham, NJ: $70.60 (2026)
Quick Answer:Hourly pay for a actuary working in Evesham, NJ runs $70.60 at the median for 2026 — annualizing to $146,852 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Evesham's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $61.28 nationally would. A 24-hour part-time schedule grosses $88,108 per year.
Based on BLS state-level estimates · View source
In Evesham, New Jersey, actuaries earn a median hourly rate of $70.60, which surpasses the national median of $64.50. This higher hourly pay reflects the demand for actuaries in various sectors, including insurance companies and consulting firms, where professionals typically operate in environments such as actuarial pricing departments and client engagement spaces. For part-time actuaries working three days a week, with a 24-hour work schedule, the earnings can still be substantial, offering a competitive edge for those seeking flexibility. The hourly wage range varies significantly — from $44.79 for entry-level positions to as much as $109.43 for experienced professionals, indicating ample opportunities for career growth and specialization.
About the Evesham 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) | $44.79 | $358.31 |
| Lower Range (P25) | $53.91 | $431.29 |
| Median (P50) | $70.60 | $564.79 |
| Upper Range (P75) | $90.37 | $722.98 |
| Top Earners (P90) | $109.43 | $875.47 |
Estimated Annual Income by Work Schedule in Evesham
Based on $70.60/hr median hourly rate · 2026 est.
At $70.60/hr, a actuary working full-time (40 hr/wk) in Evesham, NJ can expect to earn approximately $146,846 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $84,719. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Evesham.
Hourly Rate Calculator
Schedule Comparison in Evesham
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,823.96 | $12,237 | $146,846 |
| Part-Time (24 hrs) | $1,694.38 | $7,342 | $88,108 |
| Per Diem (16 hrs) | $1,129.59 | $4,895 | $58,738 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Evesham) | $70.60 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Evesham, NJ earn a median of $146,852 per year (2026 est.), which is 9.46% higher than the national median of $134,160 and 5.00% below the New Jersey state average of $154,581.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $70.60/hr = $88,108/year (purchasing power: $76,482).
Working 40h/week (full-time) = $146,846/year (purchasing power: $127,471).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$57.02/hr
2025 BLS Actual
$68.41/hr
2026 Current Est.
$70.60/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Evesham (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $57.02/hr | Actual |
| 2020 | $58.43/hr | Actual |
| 2021 | $55.73/hr | Actual |
| 2022 | $59.99/hr | Actual |
| 2023 | $63.15/hr | Actual |
| 2024 | $74.73/hr | Actual |
| 2025 | $68.41/hr | Actual |
| 2026(current) | $70.60/hr | Estimated |
| 2027 | $72.86/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Evesham grew 20.0% from $57.02/hr (2019) to $68.41/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $72.86/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 Evesham 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 Evesham
Considering part-time roles in the actuarial field, working 24 hours a week can yield an approximate annual income of $88,179, which contrasts with a full-time salary. When it comes to per-diem actuary pay in Evesham, opportunities at the consulting level can command rates ranging from $250 to $500 per hour, especially for those holding FSA or FCAS credentials. Additionally, actuaries involved in expert witness testimony may earn even more, with hourly rates reaching between $400 and $800. Across different types of employers, such as life insurance firms like Prudential and health insurers like UnitedHealth, hourly compensation can differ significantly, with larger companies frequently providing added benefits. This creates a notable trade-off for actuaries who might accept a lower hourly rate in exchange for health insurance and retirement benefits. Professionals entering negotiations for hourly work should emphasize their credentials, specialization, and exam progress to justify higher pay rates in a competitive market like Evesham.
More salary data for Evesham, 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 Evesham. 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 Evesham 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