Actuary Hourly Pay in Midwest City, OK: $56.82 (2026)
Quick Answer:Hourly pay for a actuary working in Midwest City, OK runs $56.82 at the median for 2026 — annualizing to $118,198 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Midwest City's regional price level (BEA RPP 88.9, 11% below national), each hour of work buys what $63.92 nationally would. A 24-hour part-time schedule grosses $70,914 per year.
Based on BLS state-level estimates · View source
In Midwest City, Oklahoma, the actuary hourly pay stands at a median rate of $56.82, notably lower than the national median of $64.50. This hourly wage has significant implications for those who might consider part-time work, such as professionals working three days a week. For instance, on a 24-hour work schedule weekly, part-time actuaries would earn approximately $2,733 monthly before taxes—an attractive option for balancing personal commitments. The hourly compensation varies widely, ranging from $32.96 for entry-level positions to as much as $88.08 for the top earners in the field. Keep in mind that these figures are derived from annual salary data, and the actual take-home pay may fluctuate based on specific roles within insurance companies, consulting firms, or other actuarial services.
About the Midwest City Market
Salary estimated from Oklahoma average ($108,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $32.96 | $263.70 |
| Lower Range (P25) | $44.21 | $353.69 |
| Median (P50) | $56.82 | $454.58 |
| Upper Range (P75) | $72.74 | $581.88 |
| Top Earners (P90) | $88.08 | $704.65 |
Estimated Annual Income by Work Schedule in Midwest City
Based on $56.82/hr median hourly rate · 2026 est.
At $56.82/hr, a actuary working full-time (40 hr/wk) in Midwest City, OK can expect to earn approximately $118,190 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $68,186. With a cost-of-living index of 88.90 (below the national average), these earnings stretch further in Midwest City.
Hourly Rate Calculator
Schedule Comparison in Midwest City
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,272.88 | $9,849 | $118,190 |
| Part-Time (24 hrs) | $1,363.73 | $5,909 | $70,914 |
| Per Diem (16 hrs) | $909.15 | $3,940 | $47,276 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Midwest City) | $56.82 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Midwest City, OK earn a median of $118,198 per year (2026 est.), which is 11.90% lower than the national median of $134,160 and 0.90% below the Oklahoma state average of $119,271.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $56.82/hr = $70,914/year (purchasing power: $79,768).
Working 40h/week (full-time) = $118,190/year (purchasing power: $132,947).
CoL index: 88.9 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$45.89/hr
2025 BLS Actual
$55.06/hr
2026 Current Est.
$56.82/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Midwest City (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.89/hr | Actual |
| 2020 | $47.03/hr | Actual |
| 2021 | $44.85/hr | Actual |
| 2022 | $48.28/hr | Actual |
| 2023 | $50.82/hr | Actual |
| 2024 | $45.75/hr | Actual |
| 2025 | $55.06/hr | Actual |
| 2026(current) | $56.82/hr | Estimated |
| 2027 | $58.64/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Midwest City grew 20.0% from $45.89/hr (2019) to $55.06/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $58.64/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 Midwest City 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 Midwest City
Looking at the earning potential for actuaries who opt for part-time positions, it becomes clear that a deliberate approach to work hours can yield significant benefits. Those working three days a week could take home an annual income of around $32,799 before taxes, compared to a full-time counterpart, which could be over $118,198 if working a standard 40-hour week. Furthermore, per-diem actuarial roles are not as common for entry-level candidates, but seasoned professionals can command premium rates, with consulting engagements billing anywhere from $250 to $500 per hour. Actuaries in Midwest City may find that their hourly rates vary considerably based on their employer—life insurance giants, health and managed care organizations, and consulting firms each present different compensation schemes. Some may choose lower hourly rates with the benefits of steady health insurance while others might pursue higher rates without additional benefits. Negotiating those hourly rates often comes down to the specific skills and credentials one holds, with strong ties to SOA or CAS qualifications adding weight to any discussion around compensation.
More salary data for Midwest City, OK:
Frequently Asked Questions
What is the hourly rate for actuaries in Midwest City in 2026?
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Related Pages
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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 Midwest City. 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 Midwest City 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