Actuary Hourly Pay in Milwaukie, OR: $60.82 (2026)
Quick Answer:Hourly pay for a actuary working in Milwaukie, OR runs $60.82 at the median for 2026 — annualizing to $126,507 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Milwaukie's regional price level (BEA RPP 102.6, 3% above national), each hour of work buys what $59.27 nationally would. A 24-hour part-time schedule grosses $75,898 per year.
Based on BLS state-level estimates · View source
In Milwaukie, Oregon, actuary hourly pay is projected to reach a median of $60.82 in 2026, which is slightly below the national median of $64.50 per hour. This rate creates an appealing opportunity for part-time professionals, who may work three days a week at approximately 24 hours, adjusting their earnings accordingly. The hourly range for actuaries in this area is from $39.56 for entry-level positions to as much as $94.27 for top earners, showcasing significant growth potential within the profession. Such hourly pay estimates are primarily derived from annual salary data, aligning Milwaukie's market with typical settings in actuarial roles, like insurance pricing departments and consulting firms, where both remote and hybrid work are increasingly common.
About the Milwaukie 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) | $39.56 | $316.45 |
| Lower Range (P25) | $47.04 | $376.31 |
| Median (P50) | $60.82 | $486.53 |
| Upper Range (P75) | $77.85 | $622.83 |
| Top Earners (P90) | $94.27 | $754.19 |
Estimated Annual Income by Work Schedule in Milwaukie
Based on $60.82/hr median hourly rate · 2026 est.
At $60.82/hr, a actuary working full-time (40 hr/wk) in Milwaukie, OR can expect to earn approximately $126,497 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $72,979. With a cost-of-living index of 102.60 (above the national average), these earnings may be offset by higher expenses in Milwaukie.
Hourly Rate Calculator
Schedule Comparison in Milwaukie
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,432.63 | $10,541 | $126,497 |
| Part-Time (24 hrs) | $1,459.58 | $6,325 | $75,898 |
| Per Diem (16 hrs) | $973.05 | $4,217 | $50,599 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Milwaukie) | $60.82 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Milwaukie, OR earn a median of $126,507 per year (2026 est.), which is 5.70% lower than the national median of $134,160 and 8.10% below the Oregon state average of $137,657.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $60.82/hr = $75,898/year (purchasing power: $73,975).
Working 40h/week (full-time) = $126,497/year (purchasing power: $123,291).
CoL index: 102.6 (100 = national average).
2019 BLS Actual
$49.12/hr
2025 BLS Actual
$58.93/hr
2026 Current Est.
$60.82/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Milwaukie (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.12/hr | Actual |
| 2020 | $50.33/hr | Actual |
| 2021 | $48.01/hr | Actual |
| 2022 | $51.67/hr | Actual |
| 2023 | $54.40/hr | Actual |
| 2024 | $55.31/hr | Actual |
| 2025 | $58.93/hr | Actual |
| 2026(current) | $60.82/hr | Estimated |
| 2027 | $62.76/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Milwaukie grew 20.0% from $49.12/hr (2019) to $58.93/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $62.76/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 Milwaukie 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 Milwaukie
A part-time actuary putting in 24 hours a week can anticipate an annual income around $75,000, contrasting starkly with full-time counterparts who generally secure more substantial yearly figures. While per-diem or 1099 work isn't as prevalent for junior actuaries, seasoned professionals can leverage their expertise in high-demand contexts, with consultant engagements billing anywhere from $250 to $500 per hour, and expert witness roles fetching even more, ranging from $400 to $800 per hour. Hourly pay varies significantly based on the type of employer; life insurance giants like Prudential or health insurers like UnitedHealth often provide more stability in exchange for slightly lower hourly wages compared to consulting firms, which might offer higher rates without benefits. Actuaries in Milwaukie should consider these factors during salary negotiations, remembering that the credentials one accumulates through exam progression—typically translating to an increase of $3,000 to $8,000 per passed exam—can heavily influence the overall payment landscape in this dynamic field.
More salary data for Milwaukie, 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 Milwaukie. 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 Milwaukie 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