Actuary Hourly Pay in Annapolis, MD: $68.96 (2026)
Quick Answer:Hourly pay for a actuary working in Annapolis, MD runs $68.96 at the median for 2026 — annualizing to $143,427 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Annapolis's regional price level (BEA RPP 109.3, 9% above national), each hour of work buys what $63.09 nationally would. A 24-hour part-time schedule grosses $86,060 per year.
Based on BLS state-level estimates · View source
In Annapolis, Maryland, the projected median hourly pay for actuaries in 2026 is $68.96, surpassing the national median of $64.50 by a notable margin. This competitive pay indicates a positive environment for actuaries working in various settings, including insurance company pricing departments and consulting firms. For part-time actuaries working three days a week, this hourly rate translates into significant earnings—an attractive option for those balancing work with furthering their actuarial credentials or other commitments. With hourly rates ranging from $41.33 for entry-level roles to as high as $106.88 for experienced professionals, actuaries in Annapolis can find numerous opportunities suited to their skill levels and career progressions, whether in hybrid roles, remote modeling work, or direct client engagements.
About the Annapolis Market
Salary estimated from Maryland average ($130,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $41.33 | $330.65 |
| Lower Range (P25) | $50.88 | $407.02 |
| Median (P50) | $68.96 | $551.67 |
| Upper Range (P75) | $87.14 | $697.14 |
| Top Earners (P90) | $106.88 | $855.07 |
Estimated Annual Income by Work Schedule in Annapolis
Based on $68.96/hr median hourly rate · 2026 est.
At $68.96/hr, a actuary working full-time (40 hr/wk) in Annapolis, MD can expect to earn approximately $143,433 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $82,750. With a cost-of-living index of 109.30 (above the national average), these earnings may be offset by higher expenses in Annapolis.
Hourly Rate Calculator
Schedule Comparison in Annapolis
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,758.33 | $11,953 | $143,433 |
| Part-Time (24 hrs) | $1,655.00 | $7,172 | $86,060 |
| Per Diem (16 hrs) | $1,103.33 | $4,781 | $57,373 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Annapolis) | $68.96 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Annapolis, MD earn a median of $143,427 per year (2026 est.), which is 6.91% higher than the national median of $134,160 and 2.20% below the Maryland state average of $146,654.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $68.96/hr = $86,060/year (purchasing power: $78,737).
Working 40h/week (full-time) = $143,433/year (purchasing power: $131,229).
CoL index: 109.3 (100 = national average).
2019 BLS Actual
$55.69/hr
2025 BLS Actual
$66.82/hr
2026 Current Est.
$68.96/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Annapolis (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $55.69/hr | Actual |
| 2020 | $57.07/hr | Actual |
| 2021 | $54.43/hr | Actual |
| 2022 | $58.59/hr | Actual |
| 2023 | $61.68/hr | Actual |
| 2024 | $66.82/hr | Actual |
| 2025 | $66.82/hr | Actual |
| 2026(current) | $68.96/hr | Estimated |
| 2027 | $71.16/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Annapolis grew 20.0% from $55.69/hr (2019) to $66.82/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $71.16/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 Annapolis 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 Annapolis
For those considering part-time work at 24 hours a week, actuaries can expect their annual take-home to be much different than that of full-time counterparts, reflecting the need to navigate potential income fluctuations. While per diem actuary pay in Annapolis is less common at junior levels, seasoned actuaries can command impressively high rates for consulting engagements—billing anywhere from $250-$500 per hour based on their expertise. Expert witness roles also offer lucrative hourly compensation, reaching between $400-$800 per hour. Employers across Annapolis, from major life insurance firms to consulting agencies, may offer varied hourly rates influenced by the breadth of benefits provided. Actuaries may weigh lower pay against comprehensive health benefits when deciding their next career move—consulting firms often pay more but may not provide health insurance. Understanding these dynamics can empower actuaries to negotiate effectively for their desired hourly rate and benefits package while considering the unique market conditions in the Annapolis area.
More salary data for Annapolis, MD:
Frequently Asked Questions
What is the hourly rate for actuaries in Annapolis in 2026?
How much do part-time actuaries make in Annapolis?
Are actuaries in Annapolis paid hourly or salary?
How much does a full-time actuary make per year in Annapolis?
Do actuaries earn more per hour working part-time in Annapolis?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Maryland
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 Annapolis. 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 Annapolis 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