Actuary Hourly Pay in Winona, MN: $60.21 (2026)
Quick Answer:Hourly pay for a actuary working in Winona, MN runs $60.21 at the median for 2026 — annualizing to $125,235 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Winona's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $61.12 nationally would. A 24-hour part-time schedule grosses $75,138 per year.
Based on BLS state-level estimates · View source
In Winona, Minnesota, actuaries can expect a median hourly pay of $60.21, which falls short of the national median hourly rate of $64.50. This pay scale offers some attractive options for actuaries seeking part-time or per-diem work in environments such as consulting firms, insurance companies, or pension plan meetings. For those working part-time at three days a week, the flexibility allows for a better work-life balance while still earning rates that range from $37.94 for entry-level positions to up to $93.32 per hour for seasoned professionals. However, it’s essential to recognize that these hourly rates are derived from projected annual salaries, detailing a structured career path where experience and qualifications directly influence earnings.
About the Winona Market
Salary estimated from Minnesota average ($128,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $37.94 | $303.49 |
| Lower Range (P25) | $45.79 | $366.32 |
| Median (P50) | $60.21 | $481.66 |
| Upper Range (P75) | $77.07 | $616.56 |
| Top Earners (P90) | $93.32 | $746.59 |
Estimated Annual Income by Work Schedule in Winona
Based on $60.21/hr median hourly rate · 2026 est.
At $60.21/hr, a actuary working full-time (40 hr/wk) in Winona, MN can expect to earn approximately $125,230 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $72,248. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Winona.
Hourly Rate Calculator
Schedule Comparison in Winona
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,408.28 | $10,436 | $125,230 |
| Part-Time (24 hrs) | $1,444.97 | $6,262 | $75,138 |
| Per Diem (16 hrs) | $963.31 | $4,174 | $50,092 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Winona) | $60.21 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Winona, MN earn a median of $125,235 per year (2026 est.), which is 6.65% lower than the national median of $134,160 and 5.20% below the Minnesota state average of $132,105.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $60.21/hr = $75,138/year (purchasing power: $76,282).
Working 40h/week (full-time) = $125,230/year (purchasing power: $127,137).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$48.62/hr
2025 BLS Actual
$58.34/hr
2026 Current Est.
$60.21/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Winona (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.62/hr | Actual |
| 2020 | $49.83/hr | Actual |
| 2021 | $47.52/hr | Actual |
| 2022 | $51.16/hr | Actual |
| 2023 | $53.85/hr | Actual |
| 2024 | $57.44/hr | Actual |
| 2025 | $58.34/hr | Actual |
| 2026(current) | $60.21/hr | Estimated |
| 2027 | $62.13/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Winona grew 20.0% from $48.62/hr (2019) to $58.34/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $62.13/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 Winona 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 Winona
Evaluating the potential for part-time work, a three-day workweek would yield an approximate annual income that significantly contrasts with full-time salaries, creating a viable option for many actuaries in Winona. Per-diem arrangements are somewhat less common at the entry level, though experienced professionals, like those with Fellow credentials, can command impressive rates of $250 to $500 per hour in consulting roles. Companies across various sectors, such as health insurance giants or life insurance entities, contribute to a diverse job market where hourly rates fluctuate. Some actuaries prefer lower hourly compensation in exchange for employer-provided health benefits and job security. It’s advisable for actuarial professionals negotiating their hourly rates in Winona to highlight their qualifications, such as exam progress and relevant experience, to enhance their value proposition.
More salary data for Winona, MN:
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 Winona. 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 Winona 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