Actuary Hourly Pay in Falls Church, VA: $61.37 (2026)
Quick Answer:Hourly pay for a actuary working in Falls Church, VA runs $61.37 at the median for 2026 — annualizing to $127,663 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Falls Church's regional price level (BEA RPP 103.2, 3% above national), each hour of work buys what $59.47 nationally would. A 24-hour part-time schedule grosses $76,594 per year.
Based on BLS state-level estimates · View source
In Falls Church, Virginia, actuaries can expect a median hourly rate of $61.37, which is slightly lower than the national median of $64.50. This rate opens various opportunities, particularly for those seeking to work part-time or on a per-diem basis within this profession. Actuaries typically find employment in settings such as insurance company actuarial pricing departments and consulting firms, roles that often accommodate flexible schedules. The hourly range for this occupation spans from $40.32 for entry-level positions to $94.80 for high earners, illustrating a significant potential for earnings growth as professionals progress in their careers. It's important to note that these hourly rates are derived from estimated annual salary data, emphasizing the various earning patterns within the profession.
About the Falls Church Market
Salary estimated from Virginia average ($128,000) 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) | $47.72 | $381.76 |
| Median (P50) | $61.37 | $490.98 |
| Upper Range (P75) | $77.97 | $623.74 |
| Top Earners (P90) | $94.80 | $758.40 |
Estimated Annual Income by Work Schedule in Falls Church
Based on $61.37/hr median hourly rate · 2026 est.
At $61.37/hr, a actuary working full-time (40 hr/wk) in Falls Church, VA can expect to earn approximately $127,656 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $73,648. With a cost-of-living index of 103.20 (above the national average), these earnings may be offset by higher expenses in Falls Church.
Hourly Rate Calculator
Schedule Comparison in Falls Church
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,454.92 | $10,638 | $127,656 |
| Part-Time (24 hrs) | $1,472.95 | $6,383 | $76,594 |
| Per Diem (16 hrs) | $981.97 | $4,255 | $51,062 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Falls Church) | $61.37 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Falls Church, VA earn a median of $127,663 per year (2026 est.), which is 4.84% lower than the national median of $134,160 and 7.80% below the Virginia state average of $138,463.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $61.37/hr = $76,594/year (purchasing power: $74,219).
Working 40h/week (full-time) = $127,656/year (purchasing power: $123,698).
CoL index: 103.2 (100 = national average).
2019 BLS Actual
$49.57/hr
2025 BLS Actual
$59.47/hr
2026 Current Est.
$61.37/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Falls Church (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.57/hr | Actual |
| 2020 | $50.79/hr | Actual |
| 2021 | $48.45/hr | Actual |
| 2022 | $52.15/hr | Actual |
| 2023 | $54.90/hr | Actual |
| 2024 | $58.56/hr | Actual |
| 2025 | $59.47/hr | Actual |
| 2026(current) | $61.37/hr | Estimated |
| 2027 | $63.34/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Falls Church grew 20.0% from $49.57/hr (2019) to $59.47/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $63.34/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 Falls Church 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 Falls Church
For part-time actuaries working three days a week, which totals around 24 hours, the annual earnings can still be a substantial income, although less than full-time counterparts. Actuaries engaged in per-diem or consultative roles may encounter varying pay rates; however, opportunities for junior-level professionals in these areas are more limited. Field experts, particularly those with an FSA or FCAS designation, can command billing rates ranging from $250 to $500 per hour for consulting engagements, with expert witness testimony potentially fetching $400 to $800 per hour. The type of employer can also influence hourly compensation significantly: life insurance firms like Prudential and MetLife may offer steady roles, while consulting organizations such as Mercer or Aon often present higher hourly rates at the trade-off of fewer benefits. When negotiating, consider the value of health benefits against the potential for a higher hourly pay without them, as this can be a significant factor in career decisions for actuaries in Falls Church.
More salary data for Falls Church, VA:
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 Falls Church. 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 Falls Church 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