Actuary Hourly Pay in Midvale, UT: $62.22 (2026)
Quick Answer:Hourly pay for a actuary working in Midvale, UT runs $62.22 at the median for 2026 — annualizing to $129,414 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Midvale's regional price level (BEA RPP 98.1, 2% below national), each hour of work buys what $63.42 nationally would. A 24-hour part-time schedule grosses $77,650 per year.
Based on BLS state-level estimates · View source
Actuaries in Midvale, Utah, can expect a median hourly pay of $62.22 for the year 2026, which reports a slight decrease when compared to the national median of $64.50. This hourly rate makes it feasible for part-time actuaries working three days a week to earn a steady income, particularly in environments such as insurance company actuarial pricing departments and remote actuarial modeling roles. Entry-level actuaries can anticipate hourly wages starting around $37.58, while seasoned professionals may reach up to $96.44 per hour. The estimated hourly rates reflect comprehensive annual salary data, allowing prospective candidates to gauge their earning potential as they progress in their careers within this essential industry.
About the Midvale Market
Salary estimated from Utah average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $37.58 | $300.60 |
| Lower Range (P25) | $46.32 | $370.53 |
| Median (P50) | $62.22 | $497.75 |
| Upper Range (P75) | $79.64 | $637.12 |
| Top Earners (P90) | $96.44 | $771.52 |
Estimated Annual Income by Work Schedule in Midvale
Based on $62.22/hr median hourly rate · 2026 est.
At $62.22/hr, a actuary working full-time (40 hr/wk) in Midvale, UT can expect to earn approximately $129,416 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,663. With a cost-of-living index of 98.10 (below the national average), these earnings stretch further in Midvale.
Hourly Rate Calculator
Schedule Comparison in Midvale
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,488.77 | $10,785 | $129,416 |
| Part-Time (24 hrs) | $1,493.26 | $6,471 | $77,650 |
| Per Diem (16 hrs) | $995.51 | $4,314 | $51,766 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Midvale) | $62.22 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Midvale, UT earn a median of $129,414 per year (2026 est.), which is 3.54% lower than the national median of $134,160 and 1.70% below the Utah state average of $131,652.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $62.22/hr = $77,650/year (purchasing power: $79,154).
Working 40h/week (full-time) = $129,416/year (purchasing power: $131,923).
CoL index: 98.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$50.25/hr
2025 BLS Actual
$60.29/hr
2026 Current Est.
$62.22/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Midvale (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.25/hr | Actual |
| 2020 | $51.49/hr | Actual |
| 2021 | $49.11/hr | Actual |
| 2022 | $52.87/hr | Actual |
| 2023 | $55.65/hr | Actual |
| 2024 | $53.33/hr | Actual |
| 2025 | $60.29/hr | Actual |
| 2026(current) | $62.22/hr | Estimated |
| 2027 | $64.21/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Midvale grew 20.0% from $50.25/hr (2019) to $60.29/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $64.21/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 Midvale 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 Midvale
For actuaries considering part-time opportunities in Midvale, working 24 hours per week can yield a significant return. Earning at the median hourly rate, a part-time actuary can take home approximately $77,822 annually, offering an appealing work-life balance compared to full-time earnings. While per-diem actuary pay in Midvale might be uncommon at junior levels, seasoned professionals such as fellows and consultants can command impressive hourly rates, ranging from $250 to $500 for specialized engagements. Consulting firms like Mercer and Aon often attract highly credentialed actuaries, where billing can reach up to $800 per hour for expert witness testimony. Moreover, while life and health insurance companies may offer lower hourly rates, they often provide comprehensive benefits that can sway some actuaries to accept diminished pay in exchange for job security and health plans. Those negotiating their actuary hourly rate in UT should highlight their exam achievements and relevant skills to higher their earning potential and ensure fair compensation in a competitive market.
More salary data for Midvale, UT:
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 Midvale. 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 Midvale 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