Actuary Hourly Pay in Cape Coral, FL: $62.18 (2026)
Quick Answer:Hourly pay for a actuary working in Cape Coral, FL runs $62.18 at the median for 2026 — annualizing to $129,327 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Cape Coral's regional price level (BEA RPP 100.8, 1% above national), each hour of work buys what $61.68 nationally would. A 24-hour part-time schedule grosses $77,598 per year.
Based on BLS state-level estimates · View source
In Cape Coral, the actuary hourly pay stands at a median of $62.18, which is slightly lower than the national median of $64.50. This competitive rate suggests viable earning potential for both full-time and part-time actuaries. For those choosing a part-time arrangement, such as working three days a week, it reflects an opportunity to balance work and personal life without sacrificing financial stability. The hourly wage range for actuaries here spans from $38.20, typical for entry-level positions, to as high as $96.38, reserved for senior-level professionals and specialists, particularly in high-demand sectors like reinsurance or actuarial consulting. These figures are derived from estimated annual salary data, providing a transparent look into how hourly compensation structures function within the local market.
About the Cape Coral Market
Salary estimated from Florida average ($118,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $38.20 | $305.64 |
| Lower Range (P25) | $46.87 | $374.99 |
| Median (P50) | $62.18 | $497.42 |
| Upper Range (P75) | $79.59 | $636.70 |
| Top Earners (P90) | $96.38 | $771.03 |
Estimated Annual Income by Work Schedule in Cape Coral
Based on $62.18/hr median hourly rate · 2026 est.
At $62.18/hr, a actuary working full-time (40 hr/wk) in Cape Coral, FL can expect to earn approximately $129,330 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,614. With a cost-of-living index of 100.80 (above the national average), these earnings may be offset by higher expenses in Cape Coral.
Hourly Rate Calculator
Schedule Comparison in Cape Coral
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,487.12 | $10,778 | $129,330 |
| Part-Time (24 hrs) | $1,492.27 | $6,467 | $77,598 |
| Per Diem (16 hrs) | $994.85 | $4,311 | $51,732 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Cape Coral) | $62.18 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Cape Coral, FL earn a median of $129,327 per year (2026 est.), which is 3.60% lower than the national median of $134,160 and 0.30% below the Florida state average of $129,716.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $62.18/hr = $77,598/year (purchasing power: $76,982).
Working 40h/week (full-time) = $129,330/year (purchasing power: $128,304).
CoL index: 100.8 (100 = national average).
2019 BLS Actual
$50.22/hr
2025 BLS Actual
$60.25/hr
2026 Current Est.
$62.18/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Cape Coral (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.22/hr | Actual |
| 2020 | $51.46/hr | Actual |
| 2021 | $49.08/hr | Actual |
| 2022 | $52.83/hr | Actual |
| 2023 | $55.62/hr | Actual |
| 2024 | $57.02/hr | Actual |
| 2025 | $60.25/hr | Actual |
| 2026(current) | $62.18/hr | Estimated |
| 2027 | $64.17/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Cape Coral grew 20.0% from $50.22/hr (2019) to $60.25/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $64.17/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 Cape Coral 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 Cape Coral
Unpacking the earning dynamics, a part-time actuary, working 24 hours per week, could expect an annual take-home of approximately $77,000, compared to a full-time salary. The per diem actuary pay in Cape Coral is less common at entry levels but can rise significantly for experienced professionals. Those with FSA or FCAS credentials can command consultancy rates between $250 and $500 per hour for specialized projects, while expert witness roles in litigation can yield $400 to $800 per hour. Hourly rates vary considerably depending on the employer type, including life and health insurance companies, property and casualty insurers, consulting firms, and pension consulting, leading to decisions on trade-offs regarding hourly pay versus benefits, such as health insurance. Negotiating effectively will often hinge on experience and specialization; thus, actuaries should highlight their exam progress and relevant skills when discussing compensation to ensure they receive competitive rates reflective of their qualifications.
More salary data for Cape Coral, FL:
Frequently Asked Questions
What is the hourly rate for actuaries in Cape Coral in 2026?
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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 Cape Coral. 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 Cape Coral 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