Actuary Hourly Pay in Jackson, NJ: $73.85 (2026)
Quick Answer:Hourly pay for a actuary working in Jackson, NJ runs $73.85 at the median for 2026 — annualizing to $153,601 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Jackson's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $64.11 nationally would. A 24-hour part-time schedule grosses $92,165 per year.
Based on BLS state-level estimates · View source
In Jackson, New Jersey, actuaries can expect to earn a median hourly pay of $73.85, which is notably higher than the national hourly median of $64.50. This difference highlights the demand for actuarial expertise within the local market, particularly in traditional environments such as insurance pricing departments, consulting firms, and reinsurance teams. For part-time workers, particularly those choosing to work three days a week, the hourly rate translates into a substantial income, while entry-level positions start at around $42.83, escalating to over $114 for seasoned professionals at the top of the field. It is essential to note that these hourly rates are derived from annual salary projections, illustrating a robust salary range that suits various employment arrangements, including flexible, hybrid roles.
About the Jackson 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) | $42.83 | $342.62 |
| Lower Range (P25) | $57.70 | $461.59 |
| Median (P50) | $73.85 | $590.80 |
| Upper Range (P75) | $94.52 | $756.17 |
| Top Earners (P90) | $114.46 | $915.67 |
Estimated Annual Income by Work Schedule in Jackson
Based on $73.85/hr median hourly rate · 2026 est.
At $73.85/hr, a actuary working full-time (40 hr/wk) in Jackson, NJ can expect to earn approximately $153,608 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $88,620. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Jackson.
Hourly Rate Calculator
Schedule Comparison in Jackson
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,954.00 | $12,801 | $153,608 |
| Part-Time (24 hrs) | $1,772.40 | $7,680 | $92,165 |
| Per Diem (16 hrs) | $1,181.60 | $5,120 | $61,443 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Jackson) | $73.85 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Jackson, NJ earn a median of $153,601 per year (2026 est.), which is 14.49% higher than the national median of $134,160 and 0.60% below the New Jersey state average of $154,528.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $73.85/hr = $92,165/year (purchasing power: $80,004).
Working 40h/week (full-time) = $153,608/year (purchasing power: $133,340).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$59.64/hr
2025 BLS Actual
$71.56/hr
2026 Current Est.
$73.85/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Jackson (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $59.64/hr | Actual |
| 2020 | $61.12/hr | Actual |
| 2021 | $58.29/hr | Actual |
| 2022 | $62.75/hr | Actual |
| 2023 | $66.06/hr | Actual |
| 2024 | $78.16/hr | Actual |
| 2025 | $71.56/hr | Actual |
| 2026(current) | $73.85/hr | Estimated |
| 2027 | $76.21/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Jackson grew 20.0% from $59.64/hr (2019) to $71.56/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $76.21/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 Jackson 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 Jackson
Evaluating the part-time earning potential further illustrates the appeal of actuarial positions in Jackson. For example, an actuary working 24 hours per week at the median hourly rate would take home approximately $57,761 annually, a competitive figure for part-time work. Per-diem or consulting engagements, often reserved for more experienced actuaries, can command impressive rates, typically ranging from $250 to $500 per hour, particularly when engaged in projects tied to expert witness testimony or high-level actuarial consulting work. Due to the variation in hourly rates depending on sector—be it life insurance, health management, or property and casualty firms—actuaries in Jackson must carefully consider the benefits versus hourly pay trade-off, especially when deciding between higher rates without benefits versus lower rates with comprehensive health insurance. Negotiating pay can also significantly impact income; thus, actuaries should be prepared to discuss compensation aligned with the specific demands of the employer type, whether that be a prestigious consulting firm or a local insurance company.
More salary data for Jackson, 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 Jackson. 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 Jackson 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