Actuary Hourly Pay in Klamath Falls, OR: $60.96 (2026)
Quick Answer:Hourly pay for a actuary working in Klamath Falls, OR runs $60.96 at the median for 2026 — annualizing to $126,807 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Klamath Falls's regional price level (BEA RPP 102.6, 3% above national), each hour of work buys what $59.42 nationally would. A 24-hour part-time schedule grosses $76,078 per year.
Based on BLS state-level estimates · View source
In Klamath Falls, Oregon, actuaries earn a median hourly rate of $60.96, which falls below the national median of $64.50. This hourly wage reflects the declining disparity in compensation compared to other parts of the country, especially for those in roles typically found in insurance pricing departments, consulting engagements, and reinsurance pricing teams. For part-time actuaries, particularly those working three days a week, this rate allows for considerable earnings while maintaining a flexible schedule. The hourly pay differential ranges from $39.89 for entry-level positions to $94.50 for experienced actuaries at the top of their field, indicating a broad spectrum of earning potential based on expertise and role within the industry.
About the Klamath Falls Market
Salary estimated from Oregon average ($122,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $39.89 | $319.09 |
| Lower Range (P25) | $47.33 | $378.62 |
| Median (P50) | $60.96 | $487.68 |
| Upper Range (P75) | $78.04 | $624.32 |
| Top Earners (P90) | $94.50 | $756.00 |
Estimated Annual Income by Work Schedule in Klamath Falls
Based on $60.96/hr median hourly rate · 2026 est.
At $60.96/hr, a actuary working full-time (40 hr/wk) in Klamath Falls, OR can expect to earn approximately $126,797 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $73,152. With a cost-of-living index of 102.60 (above the national average), these earnings may be offset by higher expenses in Klamath Falls.
Hourly Rate Calculator
Schedule Comparison in Klamath Falls
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,438.41 | $10,566 | $126,797 |
| Part-Time (24 hrs) | $1,463.05 | $6,340 | $76,078 |
| Per Diem (16 hrs) | $975.36 | $4,227 | $50,719 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Klamath Falls) | $60.96 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Klamath Falls, OR earn a median of $126,807 per year (2026 est.), which is 5.48% lower than the national median of $134,160 and 7.90% below the Oregon state average of $137,684.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $60.96/hr = $76,078/year (purchasing power: $74,150).
Working 40h/week (full-time) = $126,797/year (purchasing power: $123,584).
CoL index: 102.6 (100 = national average).
2019 BLS Actual
$49.23/hr
2025 BLS Actual
$59.07/hr
2026 Current Est.
$60.96/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Klamath Falls (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.23/hr | Actual |
| 2020 | $50.45/hr | Actual |
| 2021 | $48.12/hr | Actual |
| 2022 | $51.80/hr | Actual |
| 2023 | $54.53/hr | Actual |
| 2024 | $55.44/hr | Actual |
| 2025 | $59.07/hr | Actual |
| 2026(current) | $60.96/hr | Estimated |
| 2027 | $62.91/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Klamath Falls grew 20.0% from $49.23/hr (2019) to $59.07/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $62.91/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 Klamath Falls 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 Klamath Falls
When considering part-time work in Klamath Falls, actuaries may take home significantly less annually than their full-time counterparts, especially if they work around 24 hours per week, reducing their overall financial stability. Per-diem actuary pay in Klamath Falls is less common for junior staff, but experienced professionals billing on a consulting basis can command rates between $250-$500 per hour and sometimes even higher for specialized tasks such as expert witness testimony, which can fetch $400-$800 hourly. The employer type also affects compensation; for example, life insurance companies typically offer different rates than consulting firms such as Mercer or Aon, likely leading to a benefits trade-off where some actuaries prefer the security of health insurance over higher hourly wages without additional perks. Negotiating an hourly rate in this market may focus on highlighting unique skills like data science expertise, which are increasingly in demand across various actuary sectors.
More salary data for Klamath Falls, OR:
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 Klamath Falls. 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 Klamath Falls 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