Actuary Hourly Pay in Springfield, OR: $64.67 (2026)
Quick Answer:Hourly pay for a actuary working in Springfield, OR runs $64.67 at the median for 2026 — annualizing to $134,511 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Springfield's regional price level (BEA RPP 102.6, 3% above national), each hour of work buys what $63.03 nationally would. A 24-hour part-time schedule grosses $80,702 per year.
Based on BLS state-level estimates · View source
In Springfield, Oregon, the median hourly pay for actuaries is projected to be $64.67 in 2026, slightly above the national median of $64.50. This hourly rate offers attractive earning potential for both full-time and part-time professionals. For actuaries working three days a week, translating approximately 24 hours of work, the annual income can significantly benefit from the high per-hour rate, especially in roles typically found in insurance company actuarial pricing departments or consulting firms. The hourly compensation for those at entry-level positions starts at $40.57, while the top earners in this field can command up to $100.24 per hour, reflecting the experience level and skill set required in different actuarial roles throughout Springfield.
About the Springfield 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) | $40.57 | $324.54 |
| Lower Range (P25) | $49.23 | $393.81 |
| Median (P50) | $64.67 | $517.32 |
| Upper Range (P75) | $82.78 | $662.21 |
| Top Earners (P90) | $100.24 | $801.91 |
Estimated Annual Income by Work Schedule in Springfield
Based on $64.67/hr median hourly rate · 2026 est.
At $64.67/hr, a actuary working full-time (40 hr/wk) in Springfield, OR can expect to earn approximately $134,503 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $77,598. With a cost-of-living index of 102.60 (above the national average), these earnings may be offset by higher expenses in Springfield.
Hourly Rate Calculator
Schedule Comparison in Springfield
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,586.60 | $11,209 | $134,503 |
| Part-Time (24 hrs) | $1,551.96 | $6,725 | $80,702 |
| Per Diem (16 hrs) | $1,034.64 | $4,483 | $53,801 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Springfield) | $64.67 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Springfield, OR earn a median of $134,511 per year (2026 est.), which is 0.26% higher than the national median of $134,160 and 2.30% below the Oregon state average of $137,677.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $64.67/hr = $80,702/year (purchasing power: $78,657).
Working 40h/week (full-time) = $134,503/year (purchasing power: $131,095).
CoL index: 102.6 (100 = national average).
2019 BLS Actual
$52.22/hr
2025 BLS Actual
$62.66/hr
2026 Current Est.
$64.67/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Springfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $52.22/hr | Actual |
| 2020 | $53.52/hr | Actual |
| 2021 | $51.04/hr | Actual |
| 2022 | $54.94/hr | Actual |
| 2023 | $57.84/hr | Actual |
| 2024 | $58.81/hr | Actual |
| 2025 | $62.66/hr | Actual |
| 2026(current) | $64.67/hr | Estimated |
| 2027 | $66.73/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Springfield grew 20.0% from $52.22/hr (2019) to $62.66/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $66.73/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 Springfield 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 Springfield
When considering part-time employment in Springfield, actuaries working 24 hours a week could earn around $75,000 annually, a substantial income compared to various entry-level jobs. However, per-diem actuarial work, while less common at junior levels, can lead to lucrative opportunities for more experienced professionals. For instance, those engaged in FSA or FCAS consulting can charge between $250 and $500 per hour, and expert witnesses in litigation can see rates soar to $400-$800 per hour. Hourly earnings also vary depending on the sector; life insurance firms often provide benefits with lower hourly rates, while consulting firms may offer higher pay but without those perks, affecting decisions based on individual needs. Neglecting to ask about compensation can lead to missed opportunities, so actuaries in Springfield should approach negotiations with confidence, highlighting relevant credentials and experience to leverage a better pay rate.
More salary data for Springfield, OR:
Frequently Asked Questions
What is the hourly rate for actuaries in Springfield 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 Springfield. 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 Springfield 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