Actuary Hourly Pay in Statesville, NC: $59.87 (2026)
Quick Answer:Hourly pay for a actuary working in Statesville, NC runs $59.87 at the median for 2026 — annualizing to $124,530 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Statesville's regional price level (BEA RPP 93.6, 6% below national), each hour of work buys what $63.96 nationally would. A 24-hour part-time schedule grosses $74,713 per year.
Based on BLS state-level estimates · View source
The actuarial profession in Statesville, North Carolina, offers a median hourly rate of $59.87, which is slightly lower than the national median of $64.50. This difference reflects the local market conditions and cost of living, which are below the national average, making it a crucial factor for both full-time and part-time professionals. Actuaries may find themselves working in various settings such as insurance pricing departments or consulting firms, where a part-time schedule, like three days a week, can lead to substantial earnings without the commitment of full-time hours. With an hourly range from $37.27 at the entry level up to $92.80 for top earners, there's a flexibility in work arrangements that allows for various trajectories depending on experience and employer type.
About the Statesville 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) | $37.27 | $298.12 |
| Lower Range (P25) | $45.19 | $361.53 |
| Median (P50) | $59.87 | $478.93 |
| Upper Range (P75) | $76.64 | $613.09 |
| Top Earners (P90) | $92.80 | $742.38 |
Estimated Annual Income by Work Schedule in Statesville
Based on $59.87/hr median hourly rate · 2026 est.
At $59.87/hr, a actuary working full-time (40 hr/wk) in Statesville, NC can expect to earn approximately $124,522 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $71,840. With a cost-of-living index of 93.60 (below the national average), these earnings stretch further in Statesville.
Hourly Rate Calculator
Schedule Comparison in Statesville
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,394.65 | $10,377 | $124,522 |
| Part-Time (24 hrs) | $1,436.79 | $6,226 | $74,713 |
| Per Diem (16 hrs) | $957.86 | $4,151 | $49,809 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Statesville) | $59.87 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Statesville, NC earn a median of $124,530 per year (2026 est.), which is 7.18% lower than the national median of $134,160 and 0.80% below the North Carolina state average of $125,535.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $59.87/hr = $74,713/year (purchasing power: $79,822).
Working 40h/week (full-time) = $124,522/year (purchasing power: $133,036).
CoL index: 93.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$48.35/hr
2025 BLS Actual
$58.01/hr
2026 Current Est.
$59.87/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Statesville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.35/hr | Actual |
| 2020 | $49.55/hr | Actual |
| 2021 | $47.26/hr | Actual |
| 2022 | $50.87/hr | Actual |
| 2023 | $53.55/hr | Actual |
| 2024 | $55.78/hr | Actual |
| 2025 | $58.01/hr | Actual |
| 2026(current) | $59.87/hr | Estimated |
| 2027 | $61.78/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Statesville grew 20.0% from $48.35/hr (2019) to $58.01/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $61.78/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 Statesville 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 Statesville
In Statesville, actuaries working part-time for 24 hours a week can expect to take home around $74,745 annually, which offers a comfortable lifestyle, albeit less than a full-time position. Moreover, per-diem or contract work, while generally not common at junior levels, presents lucrative opportunities for those with advanced credentials such as FSA or FCAS. Experienced consultants can bill between $250 and $500 per hour, while expert testimony on contentious insurance cases can command rates from $400 to $800. Hourly rates might also differ based on the employer; life insurance companies may offer lower rates compared to consulting firms like Milliman or Aon, which tend to pay premium rates for actuaries with specific skill sets. Actuaries weighing their options in Statesville should consider their compensation desires versus the benefits offered by traditional employers, as higher hourly pay often comes with fewer benefits. It’s also beneficial to negotiate hourly rates based on the specific needs each employer can meet, ensuring talent is valued appropriately in this market.
More salary data for Statesville, 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 Statesville. 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 Statesville 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