Actuary Hourly Pay in Lake Oswego, OR: $64.78 (2026)
Quick Answer:Hourly pay for a actuary working in Lake Oswego, OR runs $64.78 at the median for 2026 — annualizing to $134,742 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Lake Oswego's regional price level (BEA RPP 102.6, 3% above national), each hour of work buys what $63.14 nationally would. A 24-hour part-time schedule grosses $80,844 per year.
Based on BLS state-level estimates · View source
In Lake Oswego, Oregon, actuaries command substantial pay with a median hourly rate of $64.78, slightly above the national median of $64.50. This compensation structure provides a strong incentive for both full-time and part-time professionals. For part-time workers, such as those engaged three days a week, this hourly rate translates to an attractive income while allowing for a flexible work schedule. Additionally, per-diem roles in settings like insurance companies and consulting firms can be lucrative, although rates may vary. The hourly pay for entry-level actuaries starts at $38.92, while experienced professionals can earn up to $100.41 depending on their specialization and the complexity of their work. These figures, derived from projected estimates based on 2025 BLS data, reflect a dynamic environment for actuaries in Lake Oswego.
About the Lake Oswego 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) | $38.92 | $311.33 |
| Lower Range (P25) | $47.85 | $382.83 |
| Median (P50) | $64.78 | $518.23 |
| Upper Range (P75) | $82.92 | $663.37 |
| Top Earners (P90) | $100.41 | $803.31 |
Estimated Annual Income by Work Schedule in Lake Oswego
Based on $64.78/hr median hourly rate · 2026 est.
At $64.78/hr, a actuary working full-time (40 hr/wk) in Lake Oswego, OR can expect to earn approximately $134,740 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $77,734. With a cost-of-living index of 102.60 (above the national average), these earnings may be offset by higher expenses in Lake Oswego.
Hourly Rate Calculator
Schedule Comparison in Lake Oswego
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,591.15 | $11,228 | $134,740 |
| Part-Time (24 hrs) | $1,554.69 | $6,737 | $80,844 |
| Per Diem (16 hrs) | $1,036.46 | $4,491 | $53,896 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Lake Oswego) | $64.78 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Lake Oswego, OR earn a median of $134,742 per year (2026 est.), which is 0.43% higher than the national median of $134,160 and 2.10% below the Oregon state average of $137,632.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $64.78/hr = $80,844/year (purchasing power: $78,795).
Working 40h/week (full-time) = $134,740/year (purchasing power: $131,325).
CoL index: 102.6 (100 = national average).
2019 BLS Actual
$52.32/hr
2025 BLS Actual
$62.77/hr
2026 Current Est.
$64.78/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Lake Oswego (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $52.32/hr | Actual |
| 2020 | $53.61/hr | Actual |
| 2021 | $51.13/hr | Actual |
| 2022 | $55.04/hr | Actual |
| 2023 | $57.94/hr | Actual |
| 2024 | $58.91/hr | Actual |
| 2025 | $62.77/hr | Actual |
| 2026(current) | $64.78/hr | Estimated |
| 2027 | $66.85/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Lake Oswego grew 20.0% from $52.32/hr (2019) to $62.77/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $66.85/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 Lake Oswego 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 Lake Oswego
Exploring the practical applications of actuary hourly pay in Lake Oswego highlights the diverse earning potentials across various work arrangements. A part-time actuary working 24 hours a week could take home approximately $50,748 annually, significantly less than a full-time counterpart but providing flexibility in balancing personal commitments. The rare per-diem or freelancing roles in this profession typically become available to those who have achieved FSA or FCAS credentials, allowing them to bill significantly higher rates—often between $250 and $500 per hour for consulting engagements. Various employers, including life insurance giants like Prudential and MetLife, as well as consulting firms such as Mercer and Aon, influence the effective hourly rates. Some professionals may prefer lower hourly rates to access robust benefits like health insurance, while others may opt for a higher rate without benefits, weighing the trade-offs carefully. When negotiating hourly pay, actuaries should be prepared to present their credentials, specialized skills, and any additional contributions to ensure they secure the best possible arrangements in the competitive Lake Oswego market.
More salary data for Lake Oswego, OR:
Frequently Asked Questions
What is the hourly rate for actuaries in Lake Oswego in 2026?
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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 Lake Oswego. 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 Lake Oswego 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