Actuary Hourly Pay in Boone, NC: $57.63 (2026)
Quick Answer:Hourly pay for a actuary working in Boone, NC runs $57.63 at the median for 2026 — annualizing to $119,858 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Boone's regional price level (BEA RPP 93.6, 6% below national), each hour of work buys what $61.57 nationally would. A 24-hour part-time schedule grosses $71,918 per year.
Based on BLS state-level estimates · View source
Actuaries in Boone, NC, can anticipate a median hourly pay of $57.63 in 2026. This figure is slightly lower than the national median hourly rate of $64.50, suggesting that while the local market provides stable compensation, it lags behind broader national trends. For part-time professionals working three days a week in typical settings such as insurance companies or consulting firms, this translates to an approximate gross income of $38,999 annually, which may be attractive to those seeking work-life balance. Hourly pay in Boone varies significantly: the lower range starts at $36.26 for entry-level positions, while top earners can command up to $87.17. These rates are derived from annual salary estimates and reflect the cost of living considerations specific to the region, where the cost of living index is notably 93.6.
About the Boone Market
Salary estimated from North Carolina average ($125,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $36.26 | $290.12 |
| Lower Range (P25) | $43.69 | $349.56 |
| Median (P50) | $57.63 | $461.02 |
| Upper Range (P75) | $72.20 | $577.59 |
| Top Earners (P90) | $87.17 | $697.38 |
Estimated Annual Income by Work Schedule in Boone
Based on $57.63/hr median hourly rate · 2026 est.
At $57.63/hr, a actuary working full-time (40 hr/wk) in Boone, NC can expect to earn approximately $119,864 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $69,152. With a cost-of-living index of 93.60 (below the national average), these earnings stretch further in Boone.
Hourly Rate Calculator
Schedule Comparison in Boone
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,305.08 | $9,989 | $119,864 |
| Part-Time (24 hrs) | $1,383.05 | $5,993 | $71,918 |
| Per Diem (16 hrs) | $922.03 | $3,995 | $47,946 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Boone) | $57.63 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Boone, NC earn a median of $119,858 per year (2026 est.), which is 10.66% lower than the national median of $134,160 and 4.60% below the North Carolina state average of $125,637.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $57.63/hr = $71,918/year (purchasing power: $76,836).
Working 40h/week (full-time) = $119,864/year (purchasing power: $128,060).
CoL index: 93.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$46.54/hr
2025 BLS Actual
$55.84/hr
2026 Current Est.
$57.63/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Boone (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $46.54/hr | Actual |
| 2020 | $47.69/hr | Actual |
| 2021 | $45.49/hr | Actual |
| 2022 | $48.96/hr | Actual |
| 2023 | $51.54/hr | Actual |
| 2024 | $53.69/hr | Actual |
| 2025 | $55.84/hr | Actual |
| 2026(current) | $57.63/hr | Estimated |
| 2027 | $59.47/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Boone grew 20.0% from $46.54/hr (2019) to $55.84/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $59.47/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 Boone 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 Boone
Part-time actuaries aiming for a balanced schedule can find lucrative opportunities, though their earnings differ significantly from full-time colleagues. An actuary working 24 hours a week at the median hourly rate would generate a total of approximately $38,999, a respectable sum for the region. Meanwhile, those engaging in per-diem work might encounter variable rates and unique challenges. While per-diem roles or 1099 engagements are seldom available for junior actuaries, FSA or FCAS-level consultants can bill anywhere from $250 to $500 per hour, placing them in a higher earning bracket. Actuaries employed by life insurance firms like Prudential or health insurers such as UnitedHealth may see varying pay scales, with benefits impacting their overall compensation. Actuaries often need to negotiate their hourly rates systematically in Boone, as the trade-off for lower-paying positions may include employee benefits, whereas higher hourly rates without benefits compromise financial security.
More salary data for Boone, NC:
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 Boone. 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 Boone 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