Actuary Hourly Pay in South Valley, NM: $50.40 (2026)
Quick Answer:Hourly pay for a actuary working in South Valley, NM runs $50.40 at the median for 2026 — annualizing to $104,837 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against South Valley's regional price level (BEA RPP 94.4, 6% below national), each hour of work buys what $53.39 nationally would. A 24-hour part-time schedule grosses $62,903 per year.
Based on BLS state-level estimates · View source
For those considering a career in actuary work in South Valley, NM, the projected hourly pay stands at $50.40. This figure is significantly lower than the national median hourly rate of $64.50, indicating a regional pay discrepancy. Actuaries typically work in a range of professional settings, such as insurance company actuarial pricing departments or consulting firms, where part-time and per-diem arrangements may exist. For instance, a part-time actuary working three days a week might find this hourly rate appealing, especially when juxtaposed with the potential to command a higher salary in other locations. The hourly pay range in South Valley extends from approximately $29.38 for entry-level positions to $78.12 for experienced professionals, providing a clear pathway for growth based on skill level and experience.
About the South Valley Market
Salary estimated from New Mexico average ($108,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $29.38 | $235.05 |
| Lower Range (P25) | $39.64 | $317.11 |
| Median (P50) | $50.40 | $403.22 |
| Upper Range (P75) | $64.51 | $516.08 |
| Top Earners (P90) | $78.12 | $624.98 |
Estimated Annual Income by Work Schedule in South Valley
Based on $50.40/hr median hourly rate · 2026 est.
At $50.40/hr, a actuary working full-time (40 hr/wk) in South Valley, NM can expect to earn approximately $104,838 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $60,483. With a cost-of-living index of 94.40 (below the national average), these earnings stretch further in South Valley.
Hourly Rate Calculator
Schedule Comparison in South Valley
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,016.12 | $8,736 | $104,838 |
| Part-Time (24 hrs) | $1,209.67 | $5,242 | $62,903 |
| Per Diem (16 hrs) | $806.45 | $3,495 | $41,935 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (South Valley) | $50.40 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in South Valley, NM earn a median of $104,837 per year (2026 est.), which is 21.86% lower than the national median of $134,160 and 3.20% below the New Mexico state average of $108,302.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $50.40/hr = $62,903/year (purchasing power: $66,634).
Working 40h/week (full-time) = $104,838/year (purchasing power: $111,057).
CoL index: 94.4 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$40.71/hr
2025 BLS Actual
$48.84/hr
2026 Current Est.
$50.40/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in South Valley (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $40.71/hr | Actual |
| 2020 | $41.71/hr | Actual |
| 2021 | $39.79/hr | Actual |
| 2022 | $42.83/hr | Actual |
| 2023 | $45.08/hr | Actual |
| 2024 | $47.47/hr | Actual |
| 2025 | $48.84/hr | Actual |
| 2026(current) | $50.40/hr | Estimated |
| 2027 | $52.02/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in South Valley grew 20.0% from $40.71/hr (2019) to $48.84/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $52.02/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 South Valley 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 South Valley
Analyzing the financial outlook for part-time actuaries in South Valley reveals interesting dynamics. A part-time actuary working 24 hours a week would take home about $62,000 annually, compared to full-time colleagues who could surpass $104,000. In the realm of consulting engagements, particularly for experienced actuaries holding Fellowship credentials, per diem actuary pay in South Valley can rise significantly, with billable hours reaching $250-$500 for FSA/FCAS professionals. Specialty work, such as expert witness testimony in litigation, can elevate rates up to $400-$800 per hour. However, the variance in hourly rates across employer types—be it life insurance, health management, or consulting—highlights the trade-offs actuaries face. Those prioritizing benefits such as health insurance may accept lower hourly wages, while those seeking to maximize their pay may opt for higher compensation with fewer benefits. As negotiations unfold for hourly work in South Valley, emphasizing unique skills in predictive analytics and data science can provide leverage for achieving better pay.
More salary data for South Valley, NM:
Frequently Asked Questions
What is the hourly rate for actuaries in South Valley in 2026?
How much do part-time actuaries make in South Valley?
Are actuaries in South Valley paid hourly or salary?
How much does a full-time actuary make per year in South Valley?
Do actuaries earn more per hour working part-time in South Valley?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in New Mexico
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 South Valley. 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 South Valley 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