Actuary Hourly Pay in Perth Amboy, NJ: $72.78 (2026)
Quick Answer:Hourly pay for a actuary working in Perth Amboy, NJ runs $72.78 at the median for 2026 — annualizing to $151,385 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Perth Amboy's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $63.17 nationally would. A 24-hour part-time schedule grosses $90,825 per year.
Based on BLS state-level estimates · View source
Actuaries in Perth Amboy, NJ, earn a median hourly pay of $72.78, significantly higher than the national median hourly rate of $64.50. This competitive hourly compensation allows individuals in the field to effectively balance both part-time and per-diem work opportunities, particularly in typical settings such as insurance company actuarial pricing departments or consulting firm environments. For those choosing to work part-time, such as three days a week, the ability to earn a strong hourly rate provides a reliable income stream. Moreover, lucrative per-diem work can arise in various projects, although this tends to favor those with deeper expertise, with entry-level positions starting at around $45.93 while top earners can achieve much higher rates, extending up to $112.81 per hour. These rates reflect the range and potential dynamism within the actuarial profession, estimated from annual salary data.
About the Perth Amboy 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) | $45.93 | $367.47 |
| Lower Range (P25) | $55.59 | $444.75 |
| Median (P50) | $72.78 | $582.21 |
| Upper Range (P75) | $93.16 | $745.27 |
| Top Earners (P90) | $112.81 | $902.46 |
Estimated Annual Income by Work Schedule in Perth Amboy
Based on $72.78/hr median hourly rate · 2026 est.
At $72.78/hr, a actuary working full-time (40 hr/wk) in Perth Amboy, NJ can expect to earn approximately $151,375 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $87,332. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Perth Amboy.
Hourly Rate Calculator
Schedule Comparison in Perth Amboy
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,911.07 | $12,615 | $151,375 |
| Part-Time (24 hrs) | $1,746.64 | $7,569 | $90,825 |
| Per Diem (16 hrs) | $1,164.43 | $5,046 | $60,550 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Perth Amboy) | $72.78 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Perth Amboy, NJ earn a median of $151,385 per year (2026 est.), which is 12.84% higher than the national median of $134,160 and 2.00% below the New Jersey state average of $154,475.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $72.78/hr = $90,825/year (purchasing power: $78,841).
Working 40h/week (full-time) = $151,375/year (purchasing power: $131,402).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$58.78/hr
2025 BLS Actual
$70.52/hr
2026 Current Est.
$72.78/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Perth Amboy (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $58.78/hr | Actual |
| 2020 | $60.23/hr | Actual |
| 2021 | $57.45/hr | Actual |
| 2022 | $61.84/hr | Actual |
| 2023 | $65.10/hr | Actual |
| 2024 | $77.03/hr | Actual |
| 2025 | $70.52/hr | Actual |
| 2026(current) | $72.78/hr | Estimated |
| 2027 | $75.11/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Perth Amboy grew 20.0% from $58.78/hr (2019) to $70.52/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $75.11/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 Perth Amboy 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 Perth Amboy
Examining part-time earnings, a three-day work schedule translates to 24 hours a week, allowing an actuary to take home approximately $90,680 annually before taxes if they maintain the median hourly rate. In contrast, full-time actuaries can expect to earn significantly more, indicating a notable difference based on hours worked. Per-diem or agency work remains less common for entry-level professionals; however, seasoned actuaries frequently engage in consulting roles where hourly rates can soar to between $250-$500. Furthermore, expert witness testimony in insurance or pension litigation can command rates of $400-$800 per hour, emphasizing the potential for high earnings in specialized roles. The hourly rates can also vary depending on employer type, where actuaries in life insurance companies or consulting firms may find differing pay scales. While some actuaries opt for lower hourly rates that include health benefits, others may prefer higher rates without benefits, creating a trade-off that professionals must consider based on individual circumstances. Those in Perth Amboy should focus on negotiation strategies tailored to their specific employer context to maximize their hourly compensation effectively.
More salary data for Perth Amboy, NJ:
Frequently Asked Questions
What is the hourly rate for actuaries in Perth Amboy in 2026?
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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 Perth Amboy. 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 Perth Amboy 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