Actuary Hourly Pay in Reading, PA: $61.94 (2026)
Quick Answer:Hourly pay for a actuary working in Reading, PA runs $61.94 at the median for 2026 — annualizing to $128,832 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Reading's regional price level (BEA RPP 97.4, 3% below national), each hour of work buys what $63.59 nationally would. A 24-hour part-time schedule grosses $77,302 per year.
Based on BLS state-level estimates · View source
In Reading, Pennsylvania, actuaries are anticipated to earn a median hourly rate of $61.94 in 2026, slightly below the national median of $64.50. This figure provides insight into the compensation landscape for both full-time and part-time actuaries. For those considering a part-time schedule of three days a week, the hourly pay translates to a meaningful income while allowing a degree of flexibility. In practice, actuaries in roles such as insurance company actuarial pricing departments or consulting firm engagements can expect a range from $37.93 for entry-level positions to $96.01 for top earners. These rates are derived from annual salary estimates but reflect the profession's breadth, spanning remote and hybrid actuarial modeling work to per-diem opportunities often found in specialized client meetings.
About the Reading 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) | $37.93 | $303.41 |
| Lower Range (P25) | $46.44 | $371.52 |
| Median (P50) | $61.94 | $495.53 |
| Upper Range (P75) | $79.28 | $634.23 |
| Top Earners (P90) | $96.01 | $768.06 |
Estimated Annual Income by Work Schedule in Reading
Based on $61.94/hr median hourly rate · 2026 est.
At $61.94/hr, a actuary working full-time (40 hr/wk) in Reading, PA can expect to earn approximately $128,837 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,329. With a cost-of-living index of 97.40 (below the national average), these earnings stretch further in Reading.
Hourly Rate Calculator
Schedule Comparison in Reading
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,477.63 | $10,736 | $128,837 |
| Part-Time (24 hrs) | $1,486.58 | $6,442 | $77,302 |
| Per Diem (16 hrs) | $991.05 | $4,295 | $51,535 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Reading) | $61.94 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Reading, PA earn a median of $128,832 per year (2026 est.), which is 3.97% lower than the national median of $134,160 and 1.40% below the Pennsylvania state average of $130,661.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $61.94/hr = $77,302/year (purchasing power: $79,365).
Working 40h/week (full-time) = $128,837/year (purchasing power: $132,276).
CoL index: 97.4 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$50.02/hr
2025 BLS Actual
$60.02/hr
2026 Current Est.
$61.94/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Reading (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.02/hr | Actual |
| 2020 | $51.26/hr | Actual |
| 2021 | $48.89/hr | Actual |
| 2022 | $52.63/hr | Actual |
| 2023 | $55.40/hr | Actual |
| 2024 | $59.09/hr | Actual |
| 2025 | $60.02/hr | Actual |
| 2026(current) | $61.94/hr | Estimated |
| 2027 | $63.92/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Reading grew 20.0% from $50.02/hr (2019) to $60.02/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $63.92/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 Reading 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 Reading
Looking at the bigger picture in Reading, actuaries working part-time, say 24 hours a week, would realize significant earnings while enjoying a balanced lifestyle. This schedule would yield an estimated annual income significantly less than a full-time actuary but still offer competitive compensation in line with local expectations. For those pursuing per-diem work, while junior-level positions may lean towards salaried roles, seasoned actuaries with designations like FSA or FCAS can command impressive rates as consultants, billing between $250 and $500 per hour. Demand varies based on employer type; life insurance firms, health insurance companies, and consulting organizations may present different pay scales. While the allure of higher hourly rates exists in consulting, many actuaries opt for positions with health benefits, creating a trade-off that impacts overall compensation satisfaction in Reading. Negotiation skills are crucial in this environment, where securing a fair rate can hinge on understanding the value of your expertise within different organizational frameworks.
More salary data for Reading, 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 Reading. 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 Reading 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