Actuary Hourly Pay in Morrisville, NC: $59.49 (2026)
Quick Answer:Hourly pay for a actuary working in Morrisville, NC runs $59.49 at the median for 2026 — annualizing to $123,750 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Morrisville's regional price level (BEA RPP 93.6, 6% below national), each hour of work buys what $63.56 nationally would. A 24-hour part-time schedule grosses $74,250 per year.
Based on BLS state-level estimates · View source
In Morrisville, North Carolina, actuaries can expect a median hourly pay of $59.49, which falls below the national median of $64.50. This compensation is reflective of the local market's dynamics, often influenced by the number of actuaries employed in the area. For part-time actuaries, such as those working three days a week, this translates to approximately $1,450 a week or about $75,000 annually before taxes. Furthermore, entry-level positions might start at $36.35 per hour, while experienced professionals can earn up to around $92.22 per hour. These hourly rates are derived from annual salary estimates and are typical for those working in various settings, such as insurance company pricing departments, consulting firms, and pension plan meetings, including remote and hybrid roles.
About the Morrisville 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) | $36.35 | $290.78 |
| Lower Range (P25) | $44.45 | $355.59 |
| Median (P50) | $59.49 | $475.96 |
| Upper Range (P75) | $75.75 | $605.99 |
| Top Earners (P90) | $92.22 | $737.76 |
Estimated Annual Income by Work Schedule in Morrisville
Based on $59.49/hr median hourly rate · 2026 est.
At $59.49/hr, a actuary working full-time (40 hr/wk) in Morrisville, NC can expect to earn approximately $123,749 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $71,394. With a cost-of-living index of 93.60 (below the national average), these earnings stretch further in Morrisville.
Hourly Rate Calculator
Schedule Comparison in Morrisville
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,379.79 | $10,312 | $123,749 |
| Part-Time (24 hrs) | $1,427.88 | $6,187 | $74,250 |
| Per Diem (16 hrs) | $951.92 | $4,125 | $49,500 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Morrisville) | $59.49 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Morrisville, NC earn a median of $123,750 per year (2026 est.), which is 7.76% lower than the national median of $134,160 and 1.50% below the North Carolina state average of $125,635.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $59.49/hr = $74,250/year (purchasing power: $79,326).
Working 40h/week (full-time) = $123,749/year (purchasing power: $132,211).
CoL index: 93.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$48.05/hr
2025 BLS Actual
$57.65/hr
2026 Current Est.
$59.49/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Morrisville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.05/hr | Actual |
| 2020 | $49.24/hr | Actual |
| 2021 | $46.96/hr | Actual |
| 2022 | $50.55/hr | Actual |
| 2023 | $53.22/hr | Actual |
| 2024 | $55.43/hr | Actual |
| 2025 | $57.65/hr | Actual |
| 2026(current) | $59.49/hr | Estimated |
| 2027 | $61.40/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Morrisville grew 20.0% from $48.05/hr (2019) to $57.65/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $61.40/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 Morrisville 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 Morrisville
Actuaries working part-time in Morrisville can find that a three-day work schedule leads to a significant annual income, although it will naturally be less than their full-time counterparts who typically bring in around $123,750 annually. Shifting focus to per-diem roles or consulting positions, it's common for senior actuaries with credentials such as FSA or FCAS to command billing rates between $250 and $500 per hour. Expert witness roles in litigation can yield even higher rates, from $400 to $800 per hour. The employer type influences pay; actuaries at life insurance companies may have different compensation packages than those at health insurance or consulting firms. Benefits play a crucial role in compensation negotiation; while higher hourly rates may be offered, fewer benefits may also mean actuaries must evaluate their overall compensation preferences carefully. Understanding the specifics of each employer’s compensation structure is key for actuaries navigating the job market in Morrisville, especially to target roles that align with their professional goals and personal needs.
More salary data for Morrisville, NC:
Frequently Asked Questions
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Related Pages
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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 Morrisville. 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 Morrisville 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