Actuary Hourly Pay in Shelton, CT: $72.63 (2026)
Quick Answer:Hourly pay for a actuary working in Shelton, CT runs $72.63 at the median for 2026 — annualizing to $151,081 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Shelton's regional price level (BEA RPP 107.9, 8% above national), each hour of work buys what $67.31 nationally would. A 24-hour part-time schedule grosses $90,645 per year.
Based on BLS state-level estimates · View source
In 2026, actuaries in Shelton, Connecticut, can expect a median hourly pay of $72.63, significantly higher than the national median of $64.50. This rate reflects the local demand for these professionals in various settings, including insurance company actuarial pricing departments, consulting firm client engagement rooms, and remote actuarial modeling. For those considering part-time roles, such as working three days a week, the hourly earnings can provide a comfortable living, allowing flexibility for other endeavors. The hourly pay ranges from approximately $45.02 for entry-level positions (10th percentile) to $112.58 for the top earners (90th percentile), indicating a substantial earning potential even within a condensed work schedule. This level of compensation highlights the value placed on actuarial expertise in Shelton's competitive market.
About the Shelton Market
Salary estimated from Connecticut average ($145,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $45.02 | $360.13 |
| Lower Range (P25) | $54.69 | $437.49 |
| Median (P50) | $72.63 | $581.06 |
| Upper Range (P75) | $92.97 | $743.78 |
| Top Earners (P90) | $112.58 | $900.65 |
Estimated Annual Income by Work Schedule in Shelton
Based on $72.63/hr median hourly rate · 2026 est.
At $72.63/hr, a actuary working full-time (40 hr/wk) in Shelton, CT can expect to earn approximately $151,075 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $87,159. With a cost-of-living index of 107.90 (above the national average), these earnings may be offset by higher expenses in Shelton.
Hourly Rate Calculator
Schedule Comparison in Shelton
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,905.29 | $12,590 | $151,075 |
| Part-Time (24 hrs) | $1,743.17 | $7,554 | $90,645 |
| Per Diem (16 hrs) | $1,162.11 | $5,036 | $60,430 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Shelton) | $72.63 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Shelton, CT earn a median of $151,081 per year (2026 est.), which is 12.61% higher than the national median of $134,160 and 4.40% above the Connecticut state average of $144,713.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $72.63/hr = $90,645/year (purchasing power: $84,008).
Working 40h/week (full-time) = $151,075/year (purchasing power: $140,014).
CoL index: 107.9 (100 = national average).
2019 BLS Actual
$58.66/hr
2025 BLS Actual
$70.38/hr
2026 Current Est.
$72.63/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Shelton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $58.66/hr | Actual |
| 2020 | $60.11/hr | Actual |
| 2021 | $57.33/hr | Actual |
| 2022 | $61.71/hr | Actual |
| 2023 | $64.97/hr | Actual |
| 2024 | $74.47/hr | Actual |
| 2025 | $70.38/hr | Actual |
| 2026(current) | $72.63/hr | Estimated |
| 2027 | $74.96/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Shelton grew 20.0% from $58.66/hr (2019) to $70.38/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $74.96/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 Shelton 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 Shelton
For actuaries considering part-time work, the earning potential when working 24 hours a week can still deliver substantial annual income compared to full-time earnings. Per diem work is less common at junior levels but can be lucrative for experienced professionals, with consulting engagements billed at rates ranging from $250 to $500 per hour. Expert witness testimony, particularly in insurance and pension litigation, can command fees between $400 and $800 per hour, demonstrating significant variances in compensation based on specific roles and responsibilities. Moreover, hourly rates fluctuate across employer types, with life insurance companies like Prudential and MetLife typically offering different pay scales compared to health insurers like UnitedHealth. Negotiating higher hourly wages in Shelton may be worth the trade-off for benefits offered by larger firms, as lower hourly rates can sometimes come with more substantial health insurance packages. Actuaries should actively consider their career goals and market conditions when discussing remuneration, particularly in a vibrant job market like CT's.
More salary data for Shelton, CT:
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 Shelton. 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 Shelton 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