Actuary Hourly Pay in Cottonwood Heights, UT: $62.22 (2026)
Quick Answer:Hourly pay for a actuary working in Cottonwood Heights, UT runs $62.22 at the median for 2026 — annualizing to $129,414 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Cottonwood Heights's regional price level (BEA RPP 98.1, 2% below national), each hour of work buys what $63.42 nationally would. A 24-hour part-time schedule grosses $77,650 per year.
Based on BLS state-level estimates · View source
Actuaries in Cottonwood Heights, Utah, are projected to earn a median hourly rate of $62.22 in 2026, which is slightly below the national median of $64.50. This hourly rate presents a compelling opportunity for part-time actuaries working three days a week, as well as those engaged in per-diem roles, particularly in settings such as insurance company pricing departments, consulting firm client sessions, and remote modeling projects. The hourly compensation ranges from $37.78 for entry-level positions to $96.44 for seasoned experts, indicating a diverse earning potential based on experience and specialization. These hourly estimates are derived from annual salary projections, reflecting the comprehensive skill set that actuaries provide across various sectors, including insurance and consulting, within the vibrant Cottonwood Heights market.
About the Cottonwood Heights Market
Salary estimated from Utah average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $37.78 | $302.25 |
| Lower Range (P25) | $46.32 | $370.53 |
| Median (P50) | $62.22 | $497.75 |
| Upper Range (P75) | $79.64 | $637.12 |
| Top Earners (P90) | $96.44 | $771.52 |
Estimated Annual Income by Work Schedule in Cottonwood Heights
Based on $62.22/hr median hourly rate · 2026 est.
At $62.22/hr, a actuary working full-time (40 hr/wk) in Cottonwood Heights, UT can expect to earn approximately $129,416 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,663. With a cost-of-living index of 98.10 (below the national average), these earnings stretch further in Cottonwood Heights.
Hourly Rate Calculator
Schedule Comparison in Cottonwood Heights
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,488.77 | $10,785 | $129,416 |
| Part-Time (24 hrs) | $1,493.26 | $6,471 | $77,650 |
| Per Diem (16 hrs) | $995.51 | $4,314 | $51,766 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Cottonwood Heights) | $62.22 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Cottonwood Heights, UT earn a median of $129,414 per year (2026 est.), which is 3.54% lower than the national median of $134,160 and 1.70% below the Utah state average of $131,652.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $62.22/hr = $77,650/year (purchasing power: $79,154).
Working 40h/week (full-time) = $129,416/year (purchasing power: $131,923).
CoL index: 98.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$50.25/hr
2025 BLS Actual
$60.29/hr
2026 Current Est.
$62.22/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Cottonwood Heights (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.25/hr | Actual |
| 2020 | $51.49/hr | Actual |
| 2021 | $49.11/hr | Actual |
| 2022 | $52.87/hr | Actual |
| 2023 | $55.65/hr | Actual |
| 2024 | $53.33/hr | Actual |
| 2025 | $60.29/hr | Actual |
| 2026(current) | $62.22/hr | Estimated |
| 2027 | $64.21/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Cottonwood Heights grew 20.0% from $50.25/hr (2019) to $60.29/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $64.21/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 Cottonwood Heights 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 Cottonwood Heights
As actuaries consider part-time opportunities, the financial implications become clear. Working just three days a week (24 hours) at the current hourly pay results in an annual income substantially lower than that of a full-time counterpart, yet it offers flexibility that many find appealing. While per-diem or contract roles can be less common for those early in their careers, consulting engagements for seasoned FSAs or FCAS can yield impressive billing rates between $250 and $500 per hour, with specialized expert witness testimony commanding rates from $400 to $800 per hour. Employers in Cottonwood Heights, including major players in life and health insurance, as well as consulting firms, exhibit varied compensation structures, favoring higher hourly rates in consulting yet often providing benefits with lower pay in insurance roles. Actuaries given the choice may weigh the trade-offs of lower pay with benefits against the higher hourly rates available in freelancing or consulting roles. For those focused on hourly work, negotiation becomes key — emphasizing skills, certifications, and the value brought to potential employers can enhance overall compensation.
More salary data for Cottonwood Heights, UT:
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 Cottonwood Heights. 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 Cottonwood Heights 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