Actuary Pay

Actuary Hourly Pay in Urbandale, IA: $55.71 (2026)

Quick Answer:Hourly pay for a actuary working in Urbandale, IA runs $55.71 at the median for 2026 — annualizing to $115,877 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Urbandale's regional price level (BEA RPP 90.4, 10% below national), each hour of work buys what $61.62 nationally would. A 24-hour part-time schedule grosses $69,523 per year.

$115,877
Median Annual Salary
$55.71/hr
Hourly Rate
$74,425
Entry Level (P10)
$179,609
Top Earners (P90)

Based on BLS state-level estimates · View source

Actuary Hourly Rate in Urbandale, IA — 2026 est., based on 2025 BLS
Urbandale, IA actuary hourly rate overview (2026 est., based on 2025 BLS)

In Urbandale, IA, actuaries are projected to earn a median hourly rate of $55.71 in 2026, which is notably lower than the national median of $64.50 per hour. This difference may influence part-time professionals and per-diem workers in areas such as actuarial pricing departments and consulting roles. Considering a part-time schedule of three days a week, the hourly earnings can provide a stable income, especially with a starting range from $35.78 for entry-level positions up to $86.35 for top earners. These hourly rates are derived from the annual salary data, illustrating the potential for actuaries to achieve a favorable work-life balance while still earning a competitive wage in Urbandale.

About the Urbandale Market

Salary estimated from Iowa average ($120,000) adjusted for local cost of living.

Actuary Hourly Wage Breakdown

PercentileHourly RatePer 8hr Shift
Entry Level (P10)$35.78$286.24
Lower Range (P25)$42.91$343.28
Median (P50)$55.71$445.66
Upper Range (P75)$71.31$570.49
Top Earners (P90)$86.35$690.78

Estimated Annual Income by Work Schedule in Urbandale

Based on $55.71/hr median hourly rate · 2026 est.

Horizontal bars showing a actuary in Urbandale earning $55.71/hr would make approximately $66,849 part-time (24 hr/wk) or $115,871 full-time (40 hr/wk).Part-Time (24 hr/wk)$66,849Reduced (32 hr/wk)$89,132Full-Time (40 hr/wk)$115,871

At $55.71/hr, a actuary working full-time (40 hr/wk) in Urbandale, IA can expect to earn approximately $115,871 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $66,849. With a cost-of-living index of 90.40 (below the national average), these earnings stretch further in Urbandale.

Annual estimates assume 5052 working weeks per year. Actual earnings vary by employer, overtime, and benefits.

Hourly Rate Calculator

$445.66
per 8hr shift
$2,228.29
per week
$9,656
per month
$115,871
per year

Schedule Comparison in Urbandale

ScheduleWeeklyMonthlyAnnual
Full-Time (40 hrs)$2,228.29$9,656$115,871
Part-Time (24 hrs)$1,336.98$5,794$69,523
Per Diem (16 hrs)$891.32$3,862$46,349

Compare ASA, FSA Wages With Similar Roles

RoleMedian Hourly
Actuary (Urbandale)$55.71
Statistician (National Avg)$51.53
Mathematician (National Avg)$56.16
Financial Analyst (National Avg)$47.61
Data Scientist (National Avg)$54.40
Horizontal bar chart comparing actuary median salary in Urbandale ($115,877) with Iowa average ($121,337) and the US national median ($134,160).Urbandale$115,877Iowa Avg$121,337-4.50%US National$134,160-13.63%

Actuarys in Urbandale, IA earn a median of $115,877 per year (2026 est.), which is 13.63% lower than the national median of $134,160 and 4.50% below the Iowa state average of $121,337.

Actuary Hourly Pay vs. Cost of Living

Working 24h/week at $55.71/hr = $69,523/year (purchasing power: $76,906).

Working 40h/week (full-time) = $115,871/year (purchasing power: $128,176).

CoL index: 90.4 (100 = national average). Your dollars stretch further here.

2019 BLS Actual

$44.99/hr

2025 BLS Actual

$53.98/hr

2026 Current Est.

$55.71/hr

2019–2027 Growth

+27.8%

Hourly Rate Trajectory for Actuaries in Urbandale (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.

BLS Actual Estimated Projected
Hourly rate trajectory chart for actuaries in Urbandale. Baseline $44.99/hr in 2025, projected to $57.49/hr by 2027.$41$46$51$55$602019202020212022202320242025202620272025 BLS$44.99$46.10$43.97$47.33$49.83$49.83$53.98$55.71$57.49
YearHourly RateStatus
2019$44.99/hrActual
2020$46.10/hrActual
2021$43.97/hrActual
2022$47.33/hrActual
2023$49.83/hrActual
2024$49.83/hrActual
2025$53.98/hrActual
2026(current)$55.71/hrEstimated
2027$57.49/hrProjected

Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Urbandale grew 20.0% from $44.99/hr (2019) to $53.98/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $57.49/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.

Note: Historical values (20192025) are actual BLS OEWS figures for the Urbandale metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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 Urbandale

For those considering part-time roles at a 24-hour workweek, an actuary can expect to earn approximately $43,908 annually, which contrasts with full-time counterparts who take home quite a bit more based on their extensive experience and credentials. While per-diem actuarial work is not common for junior actuaries, higher-level professionals often find agency positions or consult on 1099 arrangements, billing rates that can reach between $250 to $500 per hour, depending on their qualifications. When comparing different employers in Urbandale—life insurance companies, health insurers, and consulting firms—hourly rates can greatly vary, factoring in benefits like health insurance, which may sway some actuaries between choosing lower hourly rates or higher pay without benefits. Negotiating skillfully can help actuaries navigate the local job market, particularly when they can link their exam progressions and credentials to justify higher rates.

Frequently Asked Questions

What is the hourly rate for actuaries in Urbandale in 2026?

The estimated 2026 median hourly rate for actuaries in Urbandale is $55.71/hour, based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). Rates range from $35.78 at entry level (10th percentile) to $86.35 for experienced practitioners (90th percentile). This is 13.6% below the national average. Hourly pay varies based on practice type, patient volume, years of experience, and whether the position includes benefits.

How much do part-time actuaries make in Urbandale?

A part-time actuary working 3 days per week (24 hours) in Urbandale earns approximately $5,794/month, or $69,523/year at the median hourly rate of $55.71. Many actuaries prefer part-time schedules for work-life balance, and some work at multiple practices to maximize earnings. Part-time positions may not include benefits like health insurance or retirement contributions, but typically offer higher hourly rates to compensate.

Are actuaries in Urbandale paid hourly or salary?

The majority of actuaries in Urbandale are paid hourly at a median rate of $55.71/hour. Some full-time positions at larger practices or organizations offer salaried compensation around $115,871/year, often bundled with benefits including health insurance, paid time off, retirement plans, and continuing education allowances. Hourly pay gives flexibility, while salary positions provide income stability.

How much does a full-time actuary make per year in Urbandale?

A full-time actuary working 40 hours per week (2,080 hours/year) in Urbandale earns approximately $115,871/year at the median hourly rate of $55.71. This is 13.6% below the national median. Top earners working full-time can reach $179,603/year at the 90th percentile rate. Overtime and weekend shifts may further increase annual earnings.

Do actuaries earn more per hour working part-time in Urbandale?

Part-time and per diem actuaries in Urbandale sometimes command higher hourly rates — up to $86.35/hour — because practices need flexible coverage for specific days or peak hours. However, part-time positions typically do not include benefits like health insurance, paid time off, or retirement contributions. When factoring in the value of benefits, full-time salaried positions may offer comparable or better total compensation despite a slightly lower hourly rate.

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MC

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.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

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 Urbandale. 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 Urbandale is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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

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