Actuary Hourly Pay in Sanford, NC: $59.53 (2026)
Quick Answer:Hourly pay for a actuary working in Sanford, NC runs $59.53 at the median for 2026 — annualizing to $123,809 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Sanford's regional price level (BEA RPP 93.6, 6% below national), each hour of work buys what $63.60 nationally would. A 24-hour part-time schedule grosses $74,288 per year.
Based on BLS state-level estimates · View source
In Sanford, NC, the actuary hourly pay reaches a median of $59.53, which is slightly below the national hourly median of $64.50. This rate provides a competitive wage for actuaries considering part-time opportunities, such as working three days a week, which can result in a reasonable income while maintaining a flexible schedule. For those seeking per diem engagements, the compensation varies significantly based on experience and employer, with entry-level positions starting from $36.22 and seasoned professionals earning up to $92.26 per hour. The data suggests that even in part-time settings, actuaries can find positions across various sectors, from consulting firms to insurance companies, reflecting the industry's evolving landscape and remote work capabilities.
About the Sanford Market
Salary estimated from North Carolina average ($125,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $36.22 | $289.79 |
| Lower Range (P25) | $44.50 | $356.00 |
| Median (P50) | $59.53 | $476.21 |
| Upper Range (P75) | $76.19 | $609.54 |
| Top Earners (P90) | $92.26 | $738.09 |
Estimated Annual Income by Work Schedule in Sanford
Based on $59.53/hr median hourly rate · 2026 est.
At $59.53/hr, a actuary working full-time (40 hr/wk) in Sanford, NC can expect to earn approximately $123,814 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $71,431. With a cost-of-living index of 93.60 (below the national average), these earnings stretch further in Sanford.
Hourly Rate Calculator
Schedule Comparison in Sanford
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,381.03 | $10,318 | $123,814 |
| Part-Time (24 hrs) | $1,428.62 | $6,191 | $74,288 |
| Per Diem (16 hrs) | $952.41 | $4,127 | $49,525 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Sanford) | $59.53 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Sanford, NC earn a median of $123,809 per year (2026 est.), which is 7.72% lower than the national median of $134,160 and 1.40% below the North Carolina state average of $125,567.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $59.53/hr = $74,288/year (purchasing power: $79,368).
Working 40h/week (full-time) = $123,814/year (purchasing power: $132,279).
CoL index: 93.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$48.07/hr
2025 BLS Actual
$57.68/hr
2026 Current Est.
$59.53/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Sanford (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.07/hr | Actual |
| 2020 | $49.26/hr | Actual |
| 2021 | $46.99/hr | Actual |
| 2022 | $50.58/hr | Actual |
| 2023 | $53.24/hr | Actual |
| 2024 | $55.46/hr | Actual |
| 2025 | $57.68/hr | Actual |
| 2026(current) | $59.53/hr | Estimated |
| 2027 | $61.43/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Sanford grew 20.0% from $48.07/hr (2019) to $57.68/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $61.43/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 Sanford 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 Sanford
When assessing part-time earning potential, a three-day workweek (approximately 24 hours) can yield about $73,148 annually for an actuary in Sanford, a respectable figure compared to full-time earnings. However, many in the profession transition to per-diem or independent contract roles later in their careers, especially in specialized consulting contexts where billing rates can skyrocket to $250-$500 per hour for FSA or FCAS credentials. Opportunities for expert witness testimony in insurance or pension situations command even higher rates, ranging from $400-$800 per hour. Hourly rates may also depend on the type of employer; for instance, life and health insurers might offer lower hourly compensation but provide valuable benefits. Actuaries in Sanford should consider how trading off higher hourly wages for benefits like health insurance can influence overall compensation, especially in a market where exam progression significantly impacts pay. Keeping abreast of employer-specific negotiations can lead to better outcomes for those exploring their hourly pay options in this budding North Carolina market.
More salary data for Sanford, NC:
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 Sanford. 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 Sanford 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