Actuary Hourly Pay in Lancaster, PA: $61.30 (2026)
Quick Answer:Hourly pay for a actuary working in Lancaster, PA runs $61.30 at the median for 2026 — annualizing to $127,508 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Lancaster's regional price level (BEA RPP 97.4, 3% below national), each hour of work buys what $62.94 nationally would. A 24-hour part-time schedule grosses $76,503 per year.
Based on BLS state-level estimates · View source
In Lancaster, Pennsylvania, actuaries earn a median hourly pay of $61.30, which reflects a slight variance from the national hourly median of $64.50. This rate suggests that actuaries seeking part-time opportunities, such as working three days a week, can find substantial earning potential while balancing work-life commitments. The hourly pay range in Lancaster extends from $38.32 for entry-level positions to $95.02 for highly experienced professionals. Typical settings for actuaries include insurance company actuarial pricing departments and consulting firm environments, where remote and hybrid work options are becoming prominent. It's important to note that these hourly rates are derived from the estimated annual salary data, which provides a framework for understanding how compensation translates to different working arrangements.
About the Lancaster Market
Salary estimated from Pennsylvania average ($128,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $38.32 | $306.55 |
| Lower Range (P25) | $45.21 | $361.70 |
| Median (P50) | $61.30 | $490.41 |
| Upper Range (P75) | $78.46 | $627.70 |
| Top Earners (P90) | $95.02 | $760.13 |
Estimated Annual Income by Work Schedule in Lancaster
Based on $61.30/hr median hourly rate · 2026 est.
At $61.30/hr, a actuary working full-time (40 hr/wk) in Lancaster, PA can expect to earn approximately $127,506 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $73,561. With a cost-of-living index of 97.40 (below the national average), these earnings stretch further in Lancaster.
Hourly Rate Calculator
Schedule Comparison in Lancaster
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,452.03 | $10,625 | $127,506 |
| Part-Time (24 hrs) | $1,471.22 | $6,375 | $76,503 |
| Per Diem (16 hrs) | $980.81 | $4,250 | $51,002 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Lancaster) | $61.30 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Lancaster, PA earn a median of $127,508 per year (2026 est.), which is 4.96% lower than the national median of $134,160 and 2.40% below the Pennsylvania state average of $130,643.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $61.30/hr = $76,503/year (purchasing power: $78,546).
Working 40h/week (full-time) = $127,506/year (purchasing power: $130,909).
CoL index: 97.4 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$49.51/hr
2025 BLS Actual
$59.40/hr
2026 Current Est.
$61.30/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Lancaster (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.51/hr | Actual |
| 2020 | $50.73/hr | Actual |
| 2021 | $48.39/hr | Actual |
| 2022 | $52.08/hr | Actual |
| 2023 | $54.83/hr | Actual |
| 2024 | $58.49/hr | Actual |
| 2025 | $59.40/hr | Actual |
| 2026(current) | $61.30/hr | Estimated |
| 2027 | $63.26/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Lancaster grew 20.0% from $49.51/hr (2019) to $59.40/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $63.26/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 Lancaster 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 Lancaster
Actuaries working part-time, specifically at 24 hours per week, can anticipate an annual income of approximately $76,464, significantly less than a full-time salary but still attractive in its own right. Moreover, per-diem or contract roles for senior actuaries, particularly at the FSA or FCAS level, can yield higher hourly configurations, with consulting engagements often billing between $250 and $500 per hour. Yet, opportunities for entry-level actuaries in per-diem roles are rare, as these typically demand more experience and credentials. In Lancaster, the actuarial field sees varying pay scales depending on the type of employer; for instance, life and health insurance companies may offer different compensation experiences compared to property and casualty insurers or consulting firms. Some actuaries might be tempted to accept lower hourly rates to gain valuable health insurance benefits or other perks, while others might prioritize maximizing their hourly earnings without benefits. Effectively negotiating pay in this landscape can substantially impact one's overall financial outlook in an evolving job market.
More salary data for Lancaster, PA:
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 Lancaster. 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 Lancaster 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