Actuary Hourly Pay in Syracuse, NY: $50.33 (2026)
Quick Answer:Hourly pay for a actuary working in Syracuse, NY runs $50.33 at the median for 2026 — annualizing to $104,676 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Syracuse's regional price level (BEA RPP 95.7, 4% below national), each hour of work buys what $52.57 nationally would. A 24-hour part-time schedule grosses $62,813 per year.
Official BLS data · View source
In Syracuse, NY, actuaries earn a median hourly rate of $50.33, which falls significantly below the national median of $64.50. This hourly pay structure allows part-time and per-diem actuaries to work flexibly, especially in roles situated within insurance company actuarial pricing departments and consulting firms. For those engaging a 24-hour workweek, the income becomes an essential component of their financial planning. Entry-level actuaries in Syracuse can anticipate an hourly rate starting around $25.74, while experienced professionals can command rates as high as $104.03. These figures are derived from official BLS projections based on 2025 data, giving concrete insight into the local labor market dynamics.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $25.74 | $205.90 |
| Lower Range (P25) | $31.52 | $252.14 |
| Median (P50) | $50.33 | $402.65 |
| Upper Range (P75) | $79.42 | $635.38 |
| Top Earners (P90) | $104.03 | $832.20 |
Estimated Annual Income by Work Schedule in Syracuse
Based on $50.33/hr median hourly rate · 2026 est.
At $50.33/hr, a actuary working full-time (40 hr/wk) in Syracuse, NY can expect to earn approximately $104,688 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $60,397. With a cost-of-living index of 95.74 (below the national average), these earnings stretch further in Syracuse.
Hourly Rate Calculator
Schedule Comparison in Syracuse
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,013.23 | $8,724 | $104,688 |
| Part-Time (24 hrs) | $1,207.94 | $5,234 | $62,813 |
| Per Diem (16 hrs) | $805.29 | $3,490 | $41,875 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Syracuse) | $50.33 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Syracuse, NY earn a median of $104,676 per year (2026 est.), which is 21.98% lower than the national median of $134,160 and 32.70% below the New York state average of $155,536.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $50.33/hr = $62,813/year (purchasing power: $65,606).
Working 40h/week (full-time) = $104,688/year (purchasing power: $109,344).
CoL index: 95.742 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$49.11/hr
2025 BLS Actual
$48.77/hr
2026 Current Est.
$50.33/hr
2019–2027 Growth
+5.8%
Hourly Rate Trajectory for Actuaries in Syracuse (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.11/hr | Actual |
| 2020 | $32.28/hr | Actual |
| 2021 | $38.60/hr | Actual |
| 2022 | $39.93/hr | Actual |
| 2023 | $48.50/hr | Actual |
| 2024 | $51.28/hr | Actual |
| 2025 | $48.77/hr | Actual |
| 2026(current) | $50.33/hr | Estimated |
| 2027 | $51.94/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Syracuse grew -0.7% from $49.11/hr (2019) to $48.77/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $51.94/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 Syracuse 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 Syracuse
Looking more closely at part-time earning potential, a 24-hour workweek translates to$37,485 annually—a significant contrast to the earnings of full-time peers. For those considering per-diem or agency work, while rare at junior levels, top-tier consulting engagements can yield rates between $250 and $500 per hour. Witness testimony in niche litigation often sees actuaries earning between $400 and $800 per hour, showcasing the high-stakes scenarios that exist within this profession. Different sectors, including life insurance companies and consulting firms, offer varying compensation and benefits, leading some actuaries in Syracuse to accept lower hourly rates for health insurance and stability instead of pursuing higher hourly opportunities without benefits. Negotiation can be advantageous; knowledge of rates and specific employer offerings can make a significant difference in securing more favorable terms.
More salary data for Syracuse, 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 Syracuse. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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