Actuary Hourly Pay in Ithaca, NY: $73.65 (2026)
Quick Answer:Hourly pay for a actuary working in Ithaca, NY runs $73.65 at the median for 2026 — annualizing to $153,210 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Ithaca's regional price level (BEA RPP 115.9, 16% above national), each hour of work buys what $63.55 nationally would. A 24-hour part-time schedule grosses $91,920 per year.
Based on BLS state-level estimates · View source
In Ithaca, New York, actuaries can expect a median hourly pay of $73.65, which is significantly higher than the national median hourly rate of $64.50. This rate suggests a strong demand for actuarial expertise in the area, particularly within sectors like insurance and consulting firms. For those considering part-time opportunities, working three days a week could yield substantial earnings, offering flexibility that aligns with personal or academic commitments. The hourly range from entry-level positions at approximately $45.06 per hour to top earners commanding as much as $114.17 illustrates the profession's potential for financial growth and rewards based on experience and skill. Such rates provide an attractive picture for aspiring actuaries evaluating their career paths and considering remote and hybrid actuarial modeling roles.
About the Ithaca Market
Salary estimated from New York average ($152,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $45.06 | $360.46 |
| Lower Range (P25) | $55.02 | $440.13 |
| Median (P50) | $73.65 | $589.23 |
| Upper Range (P75) | $93.74 | $749.89 |
| Top Earners (P90) | $114.17 | $913.36 |
Estimated Annual Income by Work Schedule in Ithaca
Based on $73.65/hr median hourly rate · 2026 est.
At $73.65/hr, a actuary working full-time (40 hr/wk) in Ithaca, NY can expect to earn approximately $153,200 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $88,385. With a cost-of-living index of 115.90 (above the national average), these earnings may be offset by higher expenses in Ithaca.
Hourly Rate Calculator
Schedule Comparison in Ithaca
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,946.15 | $12,767 | $153,200 |
| Part-Time (24 hrs) | $1,767.69 | $7,660 | $91,920 |
| Per Diem (16 hrs) | $1,178.46 | $5,107 | $61,280 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Ithaca) | $73.65 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Ithaca, NY earn a median of $153,210 per year (2026 est.), which is 14.20% higher than the national median of $134,160 and 1.50% below the New York state average of $155,543.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $73.65/hr = $91,920/year (purchasing power: $79,310).
Working 40h/week (full-time) = $153,200/year (purchasing power: $132,183).
CoL index: 115.9 (100 = national average).
2019 BLS Actual
$59.48/hr
2025 BLS Actual
$71.37/hr
2026 Current Est.
$73.65/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Ithaca (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $59.48/hr | Actual |
| 2020 | $60.96/hr | Actual |
| 2021 | $58.14/hr | Actual |
| 2022 | $62.58/hr | Actual |
| 2023 | $65.88/hr | Actual |
| 2024 | $83.45/hr | Actual |
| 2025 | $71.37/hr | Actual |
| 2026(current) | $73.65/hr | Estimated |
| 2027 | $76.01/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Ithaca grew 20.0% from $59.48/hr (2019) to $71.37/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $76.01/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 Ithaca 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 Ithaca
Part-time actuaries in Ithaca, working a structured 24 hours per week, could take home impressive totals annually, illustrating the viability of part-time roles in this sector. Although per-diem actuarial work is less common for those at junior levels, more experienced actuaries, particularly Fellows of the Society of Actuaries (FSA) or Fellows of the Casualty Actuarial Society (FCAS), can command rates between $250 and $500 per hour in consulting roles. Additionally, expert witness testimony in litigation settings can earn between $400 to $800 per hour, showcasing the high-end earning potential for specialized actuaries. Hourly rates can vary widely depending on the type of employer, with life insurance companies like Prudential and health insurance firms such as UnitedHealth often providing different compensation structures. Many actuaries may choose to accept slightly lower hourly rates in exchange for comprehensive health benefits, suggesting a crucial trade-off in this profession. Those negotiating salaries should emphasize their specific skills and insights into sectors like predictive analytics and data science, which are increasingly valuable in a competitive actuarial market in Ithaca, NY.
More salary data for Ithaca, NY:
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 Ithaca. 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 Ithaca 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