Actuary Hourly Pay in Southaven, MS: $54.38 (2026)
Quick Answer:Hourly pay for a actuary working in Southaven, MS runs $54.38 at the median for 2026 — annualizing to $113,101 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Southaven's regional price level (BEA RPP 85.7, 14% below national), each hour of work buys what $63.45 nationally would. A 24-hour part-time schedule grosses $67,861 per year.
Based on BLS state-level estimates · View source
In Southaven, Mississippi, the projected actuary hourly pay for 2026 stands at $54.38, which falls short of the national average of $64.50. This discrepancy highlights the localized demand for actuaries in the region, as positions typically found in insurance company actuarial pricing departments and consulting firms often attract professionals looking for both full-time and part-time options. The hourly range for actuaries here varies significantly, with entry-level professionals earning around $34.69 per hour and seasoned experts making up to $84.28. For those considering part-time work, such as a three-day-a-week schedule, these figures suggest that actuaries can maintain a sustainable income while enjoying flexibility, making this career path appealing for a diverse audience including fresh graduates and experienced practitioners seeking a better work-life balance.
About the Southaven 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) | $34.69 | $277.48 |
| Lower Range (P25) | $41.82 | $334.53 |
| Median (P50) | $54.38 | $435.01 |
| Upper Range (P75) | $69.60 | $556.78 |
| Top Earners (P90) | $84.28 | $674.27 |
Estimated Annual Income by Work Schedule in Southaven
Based on $54.38/hr median hourly rate · 2026 est.
At $54.38/hr, a actuary working full-time (40 hr/wk) in Southaven, MS can expect to earn approximately $113,102 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $65,251. With a cost-of-living index of 85.70 (below the national average), these earnings stretch further in Southaven.
Hourly Rate Calculator
Schedule Comparison in Southaven
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,175.04 | $9,425 | $113,102 |
| Part-Time (24 hrs) | $1,305.03 | $5,655 | $67,861 |
| Per Diem (16 hrs) | $870.02 | $3,770 | $45,241 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Southaven) | $54.38 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Southaven, MS earn a median of $113,101 per year (2026 est.), which is 15.70% lower than the national median of $134,160 and 1.60% below the Mississippi state average of $114,940.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $54.38/hr = $67,861/year (purchasing power: $79,185).
Working 40h/week (full-time) = $113,102/year (purchasing power: $131,975).
CoL index: 85.7 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$43.92/hr
2025 BLS Actual
$52.69/hr
2026 Current Est.
$54.38/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Southaven (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $43.92/hr | Actual |
| 2020 | $45.00/hr | Actual |
| 2021 | $42.92/hr | Actual |
| 2022 | $46.20/hr | Actual |
| 2023 | $48.64/hr | Actual |
| 2024 | $38.50/hr | Actual |
| 2025 | $52.69/hr | Actual |
| 2026(current) | $54.38/hr | Estimated |
| 2027 | $56.12/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Southaven grew 20.0% from $43.92/hr (2019) to $52.69/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $56.12/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 Southaven 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 Southaven
Exploring the earning potential in Southaven, those working part-time at 24 hours a week can expect a significant annual income, even when compared to a full-time role. The variability in pay structures becomes more evident with per-diem actuary work, where junior-level positions typically do not offer competitive contract rates. However, seasoned professionals, such as those with Fellowship or Associate designations, can command impressive consulting fees ranging from $250 to $500 per hour, especially in specialized areas like pension consulting or expert witness testimony, where rates might reach $800 per hour. The differences in hourly rates can also depend on the employer type. For instance, actuaries at life insurance companies like Prudential and MetLife may see different compensation structures compared to those at property and casualty insurers or consulting firms. Some professionals may opt for lower hourly rates at health organizations in exchange for comprehensive benefits, showcasing the trade-offs in this field. When negotiating hourly pay in Southaven, it's essential to consider both immediate compensation and long-term benefits, reflecting the professional's unique circumstances and career goals.
More salary data for Southaven, MS:
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 Southaven. 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 Southaven 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