Actuary Hourly Pay in North Kingstown, RI: $62.17 (2026)
Quick Answer:Hourly pay for a actuary working in North Kingstown, RI runs $62.17 at the median for 2026 — annualizing to $129,316 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against North Kingstown's regional price level (BEA RPP 100.5, 1% above national), each hour of work buys what $61.86 nationally would. A 24-hour part-time schedule grosses $77,585 per year.
Based on BLS state-level estimates · View source
Actuaries in North Kingstown, RI, earn a median hourly rate of $62.17, slightly below the national median of $64.50. This rate offers a solid financial foundation for those considering part-time work, especially in roles typical for actuaries, such as insurance pricing departments or consulting firm engagements. With hourly rates ranging from $40.32 for entry-level positions to $96.37 for top earners, actuaries have a clear pathway to financial growth as they progress in their careers. Additionally, these figures are estimates derived from annual salary data and highlight the potential for flexible work arrangements, including per-diem roles in various settings, which are increasingly common as the demand for actuaries continues to rise.
About the North Kingstown Market
Salary estimated from Rhode Island average ($120,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $40.32 | $322.56 |
| Lower Range (P25) | $48.17 | $385.39 |
| Median (P50) | $62.17 | $497.34 |
| Upper Range (P75) | $79.58 | $636.62 |
| Top Earners (P90) | $96.37 | $770.95 |
Estimated Annual Income by Work Schedule in North Kingstown
Based on $62.17/hr median hourly rate · 2026 est.
At $62.17/hr, a actuary working full-time (40 hr/wk) in North Kingstown, RI can expect to earn approximately $129,309 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,601. With a cost-of-living index of 100.50 (above the national average), these earnings may be offset by higher expenses in North Kingstown.
Hourly Rate Calculator
Schedule Comparison in North Kingstown
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,486.71 | $10,776 | $129,309 |
| Part-Time (24 hrs) | $1,492.02 | $6,465 | $77,585 |
| Per Diem (16 hrs) | $994.68 | $4,310 | $51,724 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (North Kingstown) | $62.17 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in North Kingstown, RI earn a median of $129,316 per year (2026 est.), which is 3.61% lower than the national median of $134,160 and 4.10% below the Rhode Island state average of $134,844.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $62.17/hr = $77,585/year (purchasing power: $77,199).
Working 40h/week (full-time) = $129,309/year (purchasing power: $128,665).
CoL index: 100.5 (100 = national average).
2019 BLS Actual
$50.21/hr
2025 BLS Actual
$60.24/hr
2026 Current Est.
$62.17/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in North Kingstown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.21/hr | Actual |
| 2020 | $51.45/hr | Actual |
| 2021 | $49.07/hr | Actual |
| 2022 | $52.82/hr | Actual |
| 2023 | $55.61/hr | Actual |
| 2024 | $55.61/hr | Actual |
| 2025 | $60.24/hr | Actual |
| 2026(current) | $62.17/hr | Estimated |
| 2027 | $64.16/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in North Kingstown grew 20.0% from $50.21/hr (2019) to $60.24/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $64.16/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 North Kingstown 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 North Kingstown
Part-time actuaries working three days a week, totaling 24 hours, can expect to bring home approximately $77,847 annually. This figure contrasts with full-time actuaries, who enjoy greater earning potential but also typically shoulder more responsibilities. Per-diem actuary pay in North Kingstown varies widely, with expert consultants commanding rates between $250 and $500 per hour, and those providing expert witness testimony earning upwards of $400 to $800 per hour. Hourly rates also fluctuate based on employer type; actuaries in life insurance firms may earn different rates than those in property and casualty insurance or consultancy roles. While some may opt for roles that offer higher hourly wages without benefits, factors such as health insurance coverage and job security often influence their choices. For those in North Kingstown, negotiating hourly rates can involve highlighting specialized skills gained through SOA exam progression, which further increases earning capacity in this competitive market.
More salary data for North Kingstown, RI:
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 North Kingstown. 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 North Kingstown 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