Actuary Hourly Pay in Peoria, AZ: $64.93 (2026)
Quick Answer:Hourly pay for a actuary working in Peoria, AZ runs $64.93 at the median for 2026 — annualizing to $135,055 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Peoria's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $65.92 nationally would. A 24-hour part-time schedule grosses $81,037 per year.
Based on BLS state-level estimates · View source
In Peoria, Arizona, actuaries earn a median hourly rate of $64.93, slightly above the national median of $64.50. This figure reflects the potential for part-time roles, allowing actuaries to work three days a week and earn a competitive wage while maintaining flexibility. Typical settings for actuaries, including insurance company actuarial pricing departments and consulting firm client engagements, often accommodate such arrangements. For those considering entry-level positions, hourly rates start around $37.66, while more experienced actuaries can earn as much as $100.64 per hour. It’s worth noting that these hourly rates are estimated based on projected annual salary data, which provides a useful framework for understanding potential earnings in diverse work environments across Peoria.
About the Peoria Market
Salary estimated from Arizona average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $37.66 | $301.26 |
| Lower Range (P25) | $46.99 | $375.90 |
| Median (P50) | $64.93 | $519.47 |
| Upper Range (P75) | $83.11 | $664.86 |
| Top Earners (P90) | $100.64 | $805.13 |
Estimated Annual Income by Work Schedule in Peoria
Based on $64.93/hr median hourly rate · 2026 est.
At $64.93/hr, a actuary working full-time (40 hr/wk) in Peoria, AZ can expect to earn approximately $135,062 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $77,920. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Peoria.
Hourly Rate Calculator
Schedule Comparison in Peoria
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,597.34 | $11,255 | $135,062 |
| Part-Time (24 hrs) | $1,558.40 | $6,753 | $81,037 |
| Per Diem (16 hrs) | $1,038.94 | $4,502 | $54,025 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Peoria) | $64.93 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Peoria, AZ earn a median of $135,055 per year (2026 est.), which is 0.67% higher than the national median of $134,160 and 2.20% above the Arizona state average of $132,147.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $64.93/hr = $81,037/year (purchasing power: $82,271).
Working 40h/week (full-time) = $135,062/year (purchasing power: $137,118).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$52.44/hr
2025 BLS Actual
$62.92/hr
2026 Current Est.
$64.93/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Peoria (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $52.44/hr | Actual |
| 2020 | $53.74/hr | Actual |
| 2021 | $51.26/hr | Actual |
| 2022 | $55.17/hr | Actual |
| 2023 | $58.08/hr | Actual |
| 2024 | $55.66/hr | Actual |
| 2025 | $62.92/hr | Actual |
| 2026(current) | $64.93/hr | Estimated |
| 2027 | $67.01/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Peoria grew 20.0% from $52.44/hr (2019) to $62.92/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $67.01/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 Peoria 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 Peoria
For part-time actuaries working 24 hours a week, the annual income can reach substantial figures compared to full-time counterparts, demonstrating the viability of this schedule. Per-diem or consulting work is less common at junior levels but can pay well for experienced professionals, with potential billing rates of $250 to $500 per hour for FSA or FCAS consultants. Additionally, expert witness engagements in insurance or pension cases can command rates between $400 and $800 per hour. Different employer types in Peoria, such as life and health insurance companies or property and casualty firms, may also offer varying hourly rates. While some actuaries may accept lower remuneration for the benefits associated with full-time roles, negotiating for higher hourly pay without benefits can be lucrative. Understanding the local market and demanding skills in predictive analytics or data science can provide leverage in negotiations for actuary hourly pay in Peoria, AZ.
More salary data for Peoria, AZ:
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 Peoria. 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 Peoria 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