Actuary Hourly Pay in Niagara Falls, NY: $73.64 (2026)
Quick Answer:Hourly pay for a actuary working in Niagara Falls, NY runs $73.64 at the median for 2026 — annualizing to $153,186 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Niagara Falls's regional price level (BEA RPP 115.9, 16% above national), each hour of work buys what $63.54 nationally would. A 24-hour part-time schedule grosses $91,907 per year.
Based on BLS state-level estimates · View source
In Niagara Falls, actuaries can expect a median hourly pay of $73.64, significantly higher than the national median of $64.50. This favorable hourly rate presents an attractive option for professionals in varying work arrangements, including part-time positions, which may involve a three-day work week in settings such as insurance companies or consulting firms. Actuaries in this region can anticipate an hourly range from $45.03 for entry-level positions to $114.15 for experienced professionals, with these figures derived from their annual compensation projections. For those considering remote or hybrid models, the flexibility can be appealing, allowing them to excel in actuarial modeling while enjoying competitive hourly earnings.
About the Niagara Falls 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) | $45.03 | $360.21 |
| Lower Range (P25) | $55.00 | $439.96 |
| Median (P50) | $73.64 | $589.15 |
| Upper Range (P75) | $93.82 | $750.55 |
| Top Earners (P90) | $114.15 | $913.20 |
Estimated Annual Income by Work Schedule in Niagara Falls
Based on $73.64/hr median hourly rate · 2026 est.
At $73.64/hr, a actuary working full-time (40 hr/wk) in Niagara Falls, NY can expect to earn approximately $153,179 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $88,372. With a cost-of-living index of 115.90 (above the national average), these earnings may be offset by higher expenses in Niagara Falls.
Hourly Rate Calculator
Schedule Comparison in Niagara Falls
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,945.74 | $12,765 | $153,179 |
| Part-Time (24 hrs) | $1,767.44 | $7,659 | $91,907 |
| Per Diem (16 hrs) | $1,178.30 | $5,106 | $61,271 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Niagara Falls) | $73.64 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Niagara Falls, NY earn a median of $153,186 per year (2026 est.), which is 14.18% higher than the national median of $134,160 and 1.50% below the New York state average of $155,519.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $73.64/hr = $91,907/year (purchasing power: $79,299).
Working 40h/week (full-time) = $153,179/year (purchasing power: $132,164).
CoL index: 115.9 (100 = national average).
2019 BLS Actual
$59.48/hr
2025 BLS Actual
$71.36/hr
2026 Current Est.
$73.64/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Niagara Falls (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 | $60.95/hr | Actual |
| 2021 | $58.13/hr | Actual |
| 2022 | $62.57/hr | Actual |
| 2023 | $65.87/hr | Actual |
| 2024 | $83.44/hr | Actual |
| 2025 | $71.36/hr | Actual |
| 2026(current) | $73.64/hr | Estimated |
| 2027 | $76.00/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Niagara Falls grew 20.0% from $59.48/hr (2019) to $71.36/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $76.00/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 Niagara Falls 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 Niagara Falls
Analyzing the prospects for part-time actuaries reveals that working 24 hours a week can yield substantial benefits. For instance, a three-day work schedule would allow them to earn approximately $68,000 annually, providing a comfortable living while balancing work and personal commitments. On the other hand, per diem actuaries in Niagara Falls may often engage in freelance work, but this is typically more common at higher experience levels. Consulting engagements for fully credentialed actuaries often command rates of $250 to $500 per hour, while expert witness roles can offer even more, ranging from $400 to $800 per hour. Variability in hourly rates spans across different employer sectors, such as life insurance firms or pension consulting companies. While some may opt for lower hourly rates in exchange for employee benefits, others might engage in negotiations to maximize per diem actuary pay in Niagara Falls, highlighting the importance of understanding the trade-offs involved in these career choices.
More salary data for Niagara Falls, 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 Niagara Falls. 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 Niagara Falls 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