Actuary Hourly Pay in Carrboro, NC: $56.90 (2026)
Quick Answer:Hourly pay for a actuary working in Carrboro, NC runs $56.90 at the median for 2026 — annualizing to $118,356 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Carrboro's regional price level (BEA RPP 93.6, 6% below national), each hour of work buys what $60.80 nationally would. A 24-hour part-time schedule grosses $71,017 per year.
Based on BLS state-level estimates · View source
With a projected hourly rate of $56.90 in Carrboro, NC, actuaries earn slightly less than the national median of $64.50. This difference is significant for professionals considering part-time opportunities or per-diem work, as they can expect to make this hourly wage while fulfilling roles in consulting settings, pension plan meetings, and actuarial modeling tasks. Hourly rates can range from $34.40 for entry-level positions up to $86.82 for experienced professionals in the field, reflecting the varying expertise and responsibilities actuaries hold. The figures provided are based on annual salary estimates and indicate a market standardized across various employer types, including insurance and consulting firms.
About the Carrboro 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) | $34.40 | $275.17 |
| Lower Range (P25) | $45.77 | $366.15 |
| Median (P50) | $56.90 | $455.24 |
| Upper Range (P75) | $71.62 | $572.97 |
| Top Earners (P90) | $86.82 | $694.58 |
Estimated Annual Income by Work Schedule in Carrboro
Based on $56.90/hr median hourly rate · 2026 est.
At $56.90/hr, a actuary working full-time (40 hr/wk) in Carrboro, NC can expect to earn approximately $118,361 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $68,285. With a cost-of-living index of 93.60 (below the national average), these earnings stretch further in Carrboro.
Hourly Rate Calculator
Schedule Comparison in Carrboro
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,276.18 | $9,863 | $118,361 |
| Part-Time (24 hrs) | $1,365.71 | $5,918 | $71,017 |
| Per Diem (16 hrs) | $910.47 | $3,945 | $47,345 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Carrboro) | $56.90 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Carrboro, NC earn a median of $118,356 per year (2026 est.), which is 11.78% lower than the national median of $134,160 and 5.70% below the North Carolina state average of $125,510.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $56.90/hr = $71,017/year (purchasing power: $75,873).
Working 40h/week (full-time) = $118,361/year (purchasing power: $126,454).
CoL index: 93.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$45.96/hr
2025 BLS Actual
$55.14/hr
2026 Current Est.
$56.90/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Carrboro (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.96/hr | Actual |
| 2020 | $47.09/hr | Actual |
| 2021 | $44.92/hr | Actual |
| 2022 | $48.35/hr | Actual |
| 2023 | $50.90/hr | Actual |
| 2024 | $53.02/hr | Actual |
| 2025 | $55.14/hr | Actual |
| 2026(current) | $56.90/hr | Estimated |
| 2027 | $58.73/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Carrboro grew 20.0% from $45.96/hr (2019) to $55.14/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $58.73/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 Carrboro 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 Carrboro
Earning potential for part-time actuaries working three days a week translates to approximately $44,928 per year based on a 24-hour workweek, a stark contrast to full-time earnings. Engaging in per-diem or contract work can be an avenue for higher hourly rates, especially for seasoned professionals. While junior actuaries rarely enter this space, more experienced FSAs or FCAS can command rates as high as $400 to $800 per hour for expert witness services or high-level consulting. The employer type plays a crucial role in determining hourly compensation; life insurance providers, health insurers, and consulting firms like Mercer and Aon often provide different rates due to the varied nature of their work. Some actuaries may opt for lower hourly rates in exchange for comprehensive benefits, such as health insurance, especially within established companies, while seeking higher pay may lead to positions without additional perks. Negotiating effectively in Carrboro requires knowledge of these dynamics, including understanding local market rates and the unique challenges of the actuarial profession.
More salary data for Carrboro, NC:
Frequently Asked Questions
What is the hourly rate for actuaries in Carrboro in 2026?
How much do part-time actuaries make in Carrboro?
Are actuaries in Carrboro paid hourly or salary?
How much does a full-time actuary make per year in Carrboro?
Do actuaries earn more per hour working part-time in Carrboro?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in North Carolina
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 Carrboro. 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 Carrboro 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