Actuary Hourly Pay in Oak Ridge, TN: $58.09 (2026)
Quick Answer:Hourly pay for a actuary working in Oak Ridge, TN runs $58.09 at the median for 2026 — annualizing to $120,836 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Oak Ridge's regional price level (BEA RPP 91.8, 8% below national), each hour of work buys what $63.28 nationally would. A 24-hour part-time schedule grosses $72,498 per year.
Based on BLS state-level estimates · View source
Actuaries in Oak Ridge, Tennessee earn a median hourly rate of $58.09, which is notably below the national median of $64.50. This variance may influence individuals considering part-time work options, such as a 24-hour workweek, where they could anticipate an annual earning of about $72,180. The per diem actuary pay in Oak Ridge can extend across a range of settings, including insurance company actuarial teams, pension consulting meetings, and hybrid roles that allow for remote modeling. In this city, entry-level professionals start at approximately $34.87 per hour, while top earners can make as much as $90.04. The hourly rates noted here are derived from estimated annual salary data, reflecting the unique job market within Oak Ridge.
About the Oak Ridge Market
Salary estimated from Tennessee average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $34.87 | $278.97 |
| Lower Range (P25) | $43.09 | $344.69 |
| Median (P50) | $58.09 | $464.73 |
| Upper Range (P75) | $74.36 | $594.84 |
| Top Earners (P90) | $90.04 | $720.34 |
Estimated Annual Income by Work Schedule in Oak Ridge
Based on $58.09/hr median hourly rate · 2026 est.
At $58.09/hr, a actuary working full-time (40 hr/wk) in Oak Ridge, TN can expect to earn approximately $120,830 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $69,710. With a cost-of-living index of 91.80 (below the national average), these earnings stretch further in Oak Ridge.
Hourly Rate Calculator
Schedule Comparison in Oak Ridge
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,323.65 | $10,069 | $120,830 |
| Part-Time (24 hrs) | $1,394.19 | $6,041 | $72,498 |
| Per Diem (16 hrs) | $929.46 | $4,028 | $48,332 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Oak Ridge) | $58.09 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Oak Ridge, TN earn a median of $120,836 per year (2026 est.), which is 9.93% lower than the national median of $134,160 and 1.90% below the Tennessee state average of $123,176.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $58.09/hr = $72,498/year (purchasing power: $78,974).
Working 40h/week (full-time) = $120,830/year (purchasing power: $131,623).
CoL index: 91.8 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$46.92/hr
2025 BLS Actual
$56.29/hr
2026 Current Est.
$58.09/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Oak Ridge (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $46.92/hr | Actual |
| 2020 | $48.08/hr | Actual |
| 2021 | $45.85/hr | Actual |
| 2022 | $49.36/hr | Actual |
| 2023 | $51.96/hr | Actual |
| 2024 | $49.80/hr | Actual |
| 2025 | $56.29/hr | Actual |
| 2026(current) | $58.09/hr | Estimated |
| 2027 | $59.95/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Oak Ridge grew 20.0% from $46.92/hr (2019) to $56.29/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $59.95/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 Oak Ridge 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 Oak Ridge
In exploring part-time earning potential, the compensation for a part-time actuary working three days a week would yield a significantly different financial outlook compared to full-time employment. While per-diem work in actuarial roles is generally less common at junior levels, those with Fellowship credentials such as FSA or FCAS can engage in consulting work that bills between $250 and $500 per hour. Experts offering testimony for legal proceedings can command rates of $400 to $800 per hour, depending on their specialization. Hourly rates across employer types vary, with life insurers like Prudential and health insurance firms such as UnitedHealth compensating differently. Some actuaries might opt for lower hourly rates in exchange for benefits like health insurance, while others prioritize higher pay without these perks. For those negotiating hourly rates in Oak Ridge, emphasizing skills in predictive analytics or specific actuarial certifications can lead to improved compensation terms.
More salary data for Oak Ridge, TN:
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 Oak Ridge. 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 Oak Ridge 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