Actuary Hourly Pay in Hobart, IN: $56.55 (2026)
Quick Answer:Hourly pay for a actuary working in Hobart, IN runs $56.55 at the median for 2026 — annualizing to $117,630 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Hobart's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $61.94 nationally would. A 24-hour part-time schedule grosses $70,579 per year.
Based on BLS state-level estimates · View source
Actuaries in Hobart, Indiana, enjoy a median hourly rate of $56.55, which falls below the national median of $64.50. This rate reflects the nature of actuarial work that often revolves around insurance pricing, risk assessment, and client consulting. For those working part-time, such as on a three-day workweek, this translates to a manageable income that can be both attractive and viable for experienced professionals seeking flexibility. Entry-level professionals may expect to earn around $36.62, while top earners can command up to $87.66 per hour. The figures presented for the hourly pay in Hobart are derived from annual salary data, illustrating the potential for diverse work arrangements, including flexible schedules and per-diem opportunities, which are crucial for balancing work-life demands in this field.
About the Hobart Market
Salary estimated from Indiana average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $36.62 | $292.92 |
| Lower Range (P25) | $42.65 | $341.22 |
| Median (P50) | $56.55 | $452.43 |
| Upper Range (P75) | $72.38 | $579.08 |
| Top Earners (P90) | $87.66 | $701.26 |
Estimated Annual Income by Work Schedule in Hobart
Based on $56.55/hr median hourly rate · 2026 est.
At $56.55/hr, a actuary working full-time (40 hr/wk) in Hobart, IN can expect to earn approximately $117,631 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $67,864. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Hobart.
Hourly Rate Calculator
Schedule Comparison in Hobart
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,262.14 | $9,803 | $117,631 |
| Part-Time (24 hrs) | $1,357.29 | $5,882 | $70,579 |
| Per Diem (16 hrs) | $904.86 | $3,921 | $47,053 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Hobart) | $56.55 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Hobart, IN earn a median of $117,630 per year (2026 est.), which is 12.32% lower than the national median of $134,160 and 4.00% below the Indiana state average of $122,532.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $56.55/hr = $70,579/year (purchasing power: $77,304).
Working 40h/week (full-time) = $117,631/year (purchasing power: $128,841).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$45.67/hr
2025 BLS Actual
$54.80/hr
2026 Current Est.
$56.55/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Hobart (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.67/hr | Actual |
| 2020 | $46.80/hr | Actual |
| 2021 | $44.64/hr | Actual |
| 2022 | $48.05/hr | Actual |
| 2023 | $50.58/hr | Actual |
| 2024 | $48.48/hr | Actual |
| 2025 | $54.80/hr | Actual |
| 2026(current) | $56.55/hr | Estimated |
| 2027 | $58.36/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Hobart grew 20.0% from $45.67/hr (2019) to $54.80/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $58.36/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 Hobart 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 Hobart
Focusing on part-time earnings, an actuary working three days a week—totaling 24 hours—would pocket roughly $70,000 annually compared to their full-time counterparts, effectively providing a balanced earning potential while preserving time for personal pursuits. In consulting, per diem actuary pay in Hobart can vary significantly; seasoned professionals with FSA or FCAS credentials can bill $250-$500 per hour on engagements that necessitate in-depth analysis and risk assessment. Additionally, expert witness roles demand even higher compensation, ranging from $400 to $800 per hour. Different employer types, including life insurers, health insurance providers, and consulting firms, contribute to variations in hourly rates. Actuaries often face decisions between accepting lower hourly rates with robust benefits or higher pay without such advantages. When negotiating compensation, it is prudent to highlight specialized skills and ongoing professional development that enhance one's value in the competitive actuarial job market in IN.
More salary data for Hobart, IN:
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 Hobart. 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 Hobart 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