Actuary Hourly Pay in The Colony, TX: $60.57 (2026)
Quick Answer:Hourly pay for a actuary working in The Colony, TX runs $60.57 at the median for 2026 — annualizing to $125,974 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against The Colony's regional price level (BEA RPP 96.0, 4% below national), each hour of work buys what $63.09 nationally would. A 24-hour part-time schedule grosses $75,589 per year.
Based on BLS state-level estimates · View source
In The Colony, TX, the hourly pay for actuaries stands at $60.57, which is slightly below the national median hourly rate of $64.50. This means that actuaries in the area might earn a solid income, particularly if they work part-time or on a per-diem basis, common in settings like consulting firms or insurance companies. For example, an actuary who works three days a week at $60.57 per hour could earn approximately $47,000 annually, allowing for greater flexibility in their professional life. The hourly earnings range from $36.31 for entry-level positions to $93.87 for top earners, indicating ample opportunity for career advancement and specialization in areas like risk assessment or predictive modeling.
About the The Colony Market
Salary estimated from Texas average ($128,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $36.31 | $290.45 |
| Lower Range (P25) | $44.69 | $357.48 |
| Median (P50) | $60.57 | $484.54 |
| Upper Range (P75) | $77.52 | $620.19 |
| Top Earners (P90) | $93.87 | $750.97 |
Estimated Annual Income by Work Schedule in The Colony
Based on $60.57/hr median hourly rate · 2026 est.
At $60.57/hr, a actuary working full-time (40 hr/wk) in The Colony, TX can expect to earn approximately $125,982 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $72,682. With a cost-of-living index of 96.00 (below the national average), these earnings stretch further in The Colony.
Hourly Rate Calculator
Schedule Comparison in The Colony
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,422.72 | $10,498 | $125,982 |
| Part-Time (24 hrs) | $1,453.63 | $6,299 | $75,589 |
| Per Diem (16 hrs) | $969.09 | $4,199 | $50,393 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (The Colony) | $60.57 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in The Colony, TX earn a median of $125,974 per year (2026 est.), which is 6.10% lower than the national median of $134,160 and 2.20% below the Texas state average of $128,808.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $60.57/hr = $75,589/year (purchasing power: $78,739).
Working 40h/week (full-time) = $125,982/year (purchasing power: $131,231).
CoL index: 96 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$48.92/hr
2025 BLS Actual
$58.69/hr
2026 Current Est.
$60.57/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in The Colony (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.92/hr | Actual |
| 2020 | $50.13/hr | Actual |
| 2021 | $47.81/hr | Actual |
| 2022 | $51.46/hr | Actual |
| 2023 | $54.18/hr | Actual |
| 2024 | $57.78/hr | Actual |
| 2025 | $58.69/hr | Actual |
| 2026(current) | $60.57/hr | Estimated |
| 2027 | $62.51/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in The Colony grew 20.0% from $48.92/hr (2019) to $58.69/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $62.51/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 The Colony 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 The Colony
Evaluating part-time work in this field reveals interesting dynamics. A 24-hour weekly schedule results in notable earning potential compared to traditional full-time roles. While junior actuaries may find per-diem work less common, seasoned professionals with credentials like FSA or FCAS often engage in consulting roles, earning as much as $500 per hour, and expert witness work can command rates of $400 to $800 an hour. The variance in hourly pay across different employers in The Colony—for instance, life insurance giants like Prudential or health insurance firms like UnitedHealth—offers actuaries a range of options. Some may choose higher hourly rates that come without benefits, while others accept lower rates to maintain health coverage. Strategic negotiation is key in this market, particularly for hourly workers, emphasizing the value of specialization and additional professional qualifications as leverage for better compensation.
More salary data for The Colony, TX:
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 The Colony. 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 The Colony 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