Actuary Hourly Pay in Williamsburg, VA: $63.03 (2026)
Quick Answer:Hourly pay for a actuary working in Williamsburg, VA runs $63.03 at the median for 2026 — annualizing to $131,109 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Williamsburg's regional price level (BEA RPP 103.2, 3% above national), each hour of work buys what $61.08 nationally would. A 24-hour part-time schedule grosses $78,667 per year.
Based on BLS state-level estimates · View source
In Williamsburg, Virginia, actuaries earn a median hourly rate of $63.03, which is slightly below the national median of $64.50. This hourly rate reflects the compensation for various roles within this profession, including part-time positions that typically operate on a three-day workweek. Actuaries working in settings such as insurance company actuarial pricing departments, consulting firm client engagement rooms, and remote actuarial modeling can utilize this rate effectively. The hourly range for these professionals spans from $38.89 for entry-level positions to up to $97.70 for those at the top of the pay scale, indicating a generous earning potential as one gains experience and additional qualifications.
About the Williamsburg 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) | $38.89 | $311.09 |
| Lower Range (P25) | $47.17 | $377.38 |
| Median (P50) | $63.03 | $504.28 |
| Upper Range (P75) | $78.44 | $627.54 |
| Top Earners (P90) | $97.70 | $781.60 |
Estimated Annual Income by Work Schedule in Williamsburg
Based on $63.03/hr median hourly rate · 2026 est.
At $63.03/hr, a actuary working full-time (40 hr/wk) in Williamsburg, VA can expect to earn approximately $131,112 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $75,641. With a cost-of-living index of 103.20 (above the national average), these earnings may be offset by higher expenses in Williamsburg.
Hourly Rate Calculator
Schedule Comparison in Williamsburg
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,521.38 | $10,926 | $131,112 |
| Part-Time (24 hrs) | $1,512.83 | $6,556 | $78,667 |
| Per Diem (16 hrs) | $1,008.55 | $4,370 | $52,445 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Williamsburg) | $63.03 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Williamsburg, VA earn a median of $131,109 per year (2026 est.), which is 2.27% lower than the national median of $134,160 and 5.30% below the Virginia state average of $138,447.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $63.03/hr = $78,667/year (purchasing power: $76,228).
Working 40h/week (full-time) = $131,112/year (purchasing power: $127,046).
CoL index: 103.2 (100 = national average).
2019 BLS Actual
$50.91/hr
2025 BLS Actual
$61.08/hr
2026 Current Est.
$63.03/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Williamsburg (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.91/hr | Actual |
| 2020 | $52.17/hr | Actual |
| 2021 | $49.76/hr | Actual |
| 2022 | $53.56/hr | Actual |
| 2023 | $56.38/hr | Actual |
| 2024 | $60.14/hr | Actual |
| 2025 | $61.08/hr | Actual |
| 2026(current) | $63.03/hr | Estimated |
| 2027 | $65.05/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Williamsburg grew 20.0% from $50.91/hr (2019) to $61.08/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $65.05/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 Williamsburg 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 Williamsburg
For those considering part-time work, a schedule of 24 hours per week could yield approximately $78,758 annually, which underscores the considerable earnings that can be achieved without committing to full-time hours. In the realm of per-diem actuarial work, rates vary significantly; while junior level actuaries might not engage in freelance projects, more experienced professionals specializing in consulting can command rates ranging from $250 to $500 per hour, especially when providing expert testimony in litigation cases. Moreover, hourly rates differ across types of employers in Williamsburg, with life insurance companies like Prudential, health insurance entities like Cigna, and consulting firms such as Aon offering competitive compensation structures. Actuaries might accept lower hourly rates in exchange for comprehensive benefits, but negotiating for better pay without benefits can also be advantageous. Building strong negotiation skills and understanding your value in the competitive Williamsburg market can lead to better hourly pay outcomes.
More salary data for Williamsburg, VA:
Frequently Asked Questions
What is the hourly rate for actuaries in Williamsburg in 2026?
How much do part-time actuaries make in Williamsburg?
Are actuaries in Williamsburg paid hourly or salary?
How much does a full-time actuary make per year in Williamsburg?
Do actuaries earn more per hour working part-time in Williamsburg?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Virginia
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 Williamsburg. 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 Williamsburg 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