Actuary Hourly Pay in Dundalk, MD: $68.09 (2026)
Quick Answer:Hourly pay for a actuary working in Dundalk, MD runs $68.09 at the median for 2026 — annualizing to $141,634 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Dundalk's regional price level (BEA RPP 109.3, 9% above national), each hour of work buys what $62.30 nationally would. A 24-hour part-time schedule grosses $84,978 per year.
Based on BLS state-level estimates · View source
In Dundalk, Maryland, the actuary hourly pay is projected to reach $68.09 by 2026, surpassing the national hourly median of $64.50. This favorable rate suggests attractive opportunities for part-time actuaries or per-diem professionals, especially in settings like insurance companies, consulting firms, and remote actuarial modeling. Part-time actuaries working three days a week can expect to earn significantly while maintaining work-life balance. The hourly wage range in Dundalk spans from $41.48 at entry-level positions to $105.54 for top earners, reflecting the value of experience and specialization in various actuarial domains. These numbers are derived from annual salary estimates, providing prospective professionals with a solid understanding of their potential earnings in the local job market.
About the Dundalk 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) | $41.48 | $331.81 |
| Lower Range (P25) | $50.89 | $407.10 |
| Median (P50) | $68.09 | $544.73 |
| Upper Range (P75) | $87.16 | $697.30 |
| Top Earners (P90) | $105.54 | $844.34 |
Estimated Annual Income by Work Schedule in Dundalk
Based on $68.09/hr median hourly rate · 2026 est.
At $68.09/hr, a actuary working full-time (40 hr/wk) in Dundalk, MD can expect to earn approximately $141,630 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $81,710. With a cost-of-living index of 109.30 (above the national average), these earnings may be offset by higher expenses in Dundalk.
Hourly Rate Calculator
Schedule Comparison in Dundalk
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,723.65 | $11,803 | $141,630 |
| Part-Time (24 hrs) | $1,634.19 | $7,082 | $84,978 |
| Per Diem (16 hrs) | $1,089.46 | $4,721 | $56,652 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Dundalk) | $68.09 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Dundalk, MD earn a median of $141,634 per year (2026 est.), which is 5.57% higher than the national median of $134,160 and 3.40% below the Maryland state average of $146,619.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $68.09/hr = $84,978/year (purchasing power: $77,747).
Working 40h/week (full-time) = $141,630/year (purchasing power: $129,579).
CoL index: 109.3 (100 = national average).
2019 BLS Actual
$54.99/hr
2025 BLS Actual
$65.98/hr
2026 Current Est.
$68.09/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Dundalk (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $54.99/hr | Actual |
| 2020 | $56.35/hr | Actual |
| 2021 | $53.75/hr | Actual |
| 2022 | $57.85/hr | Actual |
| 2023 | $60.90/hr | Actual |
| 2024 | $65.98/hr | Actual |
| 2025 | $65.98/hr | Actual |
| 2026(current) | $68.09/hr | Estimated |
| 2027 | $70.27/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Dundalk grew 20.0% from $54.99/hr (2019) to $65.98/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $70.27/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 Dundalk 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 Dundalk
Evaluating the earnings potential for part-time actuaries reveals meaningful differences in income compared to full-time roles. A part-time actuary working 24 hours a week would bring in approximately $84,474 annually, which might not match the full-time salary yet still enables a comfortable lifestyle in Dundalk. Per-diem actuaries, particularly at the FSA or FCAS level, can command highly lucrative rates, billing anywhere from $250 to $500 per hour for consulting engagements, with expert witness testimony sometimes reaching $800 per hour. Hourly rates also vary significantly depending on the employer type; for instance, life insurance companies may pay differently than reinsurance firms or health insurers. Some professionals might opt for lower hourly compensation in exchange for health benefits, a consideration that can shift the hiring landscape. When negotiating, it’s wise for hourly workers to emphasize both their unique skill set and credentials, as passing each actuarial exam can translate into higher rates due to market demand for specialized knowledge.
More salary data for Dundalk, MD:
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 Dundalk. 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 Dundalk 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