Actuary Hourly Pay in Horn Lake, MS: $54.15 (2026)
Quick Answer:Hourly pay for a actuary working in Horn Lake, MS runs $54.15 at the median for 2026 — annualizing to $112,637 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Horn Lake's regional price level (BEA RPP 85.7, 14% below national), each hour of work buys what $63.18 nationally would. A 24-hour part-time schedule grosses $67,578 per year.
Based on BLS state-level estimates · View source
In Horn Lake, Mississippi, the projected actuary hourly pay in 2026 stands at $54.15, which is notably lower than the national median of $64.50. This translates to various possibilities for actuaries working part-time, such as a schedule of three days a week, allowing a decent income without committing to full-time hours. The hourly range for actuaries in this region spans from $32.55 at the entry-level to $83.93 for the top earners. Such a range indicates that even within part-time roles or those working on a per-diem basis, there are potentially good opportunities to earn a sustainable wage while engaging in typical actuarial functions across insurance companies, consulting firms, and other relevant environments. It's important to understand that these hourly figures are derived from broader annual salary estimates, highlighting the financial prospects for these professionals in Horn Lake.
About the Horn Lake Market
Salary estimated from Mississippi average ($95,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $32.55 | $260.39 |
| Lower Range (P25) | $40.07 | $320.58 |
| Median (P50) | $54.15 | $433.19 |
| Upper Range (P75) | $68.58 | $548.61 |
| Top Earners (P90) | $83.93 | $671.46 |
Estimated Annual Income by Work Schedule in Horn Lake
Based on $54.15/hr median hourly rate · 2026 est.
At $54.15/hr, a actuary working full-time (40 hr/wk) in Horn Lake, MS can expect to earn approximately $112,630 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $64,979. With a cost-of-living index of 85.70 (below the national average), these earnings stretch further in Horn Lake.
Hourly Rate Calculator
Schedule Comparison in Horn Lake
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,165.96 | $9,386 | $112,630 |
| Part-Time (24 hrs) | $1,299.58 | $5,632 | $67,578 |
| Per Diem (16 hrs) | $866.38 | $3,754 | $45,052 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Horn Lake) | $54.15 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Horn Lake, MS earn a median of $112,637 per year (2026 est.), which is 16.04% lower than the national median of $134,160 and 2.00% below the Mississippi state average of $114,935.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $54.15/hr = $67,578/year (purchasing power: $78,854).
Working 40h/week (full-time) = $112,630/year (purchasing power: $131,424).
CoL index: 85.7 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$43.73/hr
2025 BLS Actual
$52.47/hr
2026 Current Est.
$54.15/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Horn Lake (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $43.73/hr | Actual |
| 2020 | $44.81/hr | Actual |
| 2021 | $42.74/hr | Actual |
| 2022 | $46.01/hr | Actual |
| 2023 | $48.43/hr | Actual |
| 2024 | $38.35/hr | Actual |
| 2025 | $52.47/hr | Actual |
| 2026(current) | $54.15/hr | Estimated |
| 2027 | $55.88/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Horn Lake grew 20.0% from $43.73/hr (2019) to $52.47/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $55.88/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 Horn Lake 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 Horn Lake
Turning to the dynamics of part-time and consulting engagements, an actuary working three days per week, totaling about 24 hours, could realistically anticipate income reflective of their hourly rate, though it would be significantly less than that of a full-time counterpart. For those considering per-diem actuary pay in Horn Lake, opportunities are generally less accessible for less experienced roles, with seasoned fellows such as FSA or FCAS often commanding rates between $250 and $500 per hour, particularly in consulting engagements. Expert witness work in insurance or pension litigation can generate even higher fees, reaching up to $800 per hour. It's crucial to note that salaries can fluctuate based on the employer type, whether working for life insurance companies, property and casualty insurers, or consulting firms, with some actuaries accepting lower pay for positions that offer comprehensive benefits. Effective negotiation is vital; understanding the local market rates and being clear on what value one brings can significantly impact earnings and job satisfaction in Horn Lake, MS.
More salary data for Horn Lake, MS:
Frequently Asked Questions
What is the hourly rate for actuaries in Horn Lake in 2026?
How much do part-time actuaries make in Horn Lake?
Are actuaries in Horn Lake paid hourly or salary?
How much does a full-time actuary make per year in Horn Lake?
Do actuaries earn more per hour working part-time in Horn Lake?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Mississippi
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 Horn Lake. 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 Horn Lake 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