Actuary Hourly Pay in Essex Junction, VT: $52.67 (2026)
Quick Answer:Hourly pay for a actuary working in Essex Junction, VT runs $52.67 at the median for 2026 — annualizing to $109,563 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Essex Junction's regional price level (BEA RPP 103.5, 4% above national), each hour of work buys what $50.89 nationally would. A 24-hour part-time schedule grosses $65,736 per year.
Based on BLS state-level estimates · View source
In Essex Junction, Vermont, the actuary hourly pay is estimated to be around $52.67, which reflects a significant gap when compared to the national median hourly rate of $64.50. This discrepancy can influence decisions for actuarial professionals considering part-time or per diem work, especially since roles typically found in insurance company actuarial pricing departments or consulting firms often hinge on flexible scheduling. For three days a week, an actuary could expect to earn a substantial income, while entry-level positions see hourly pay starting at $32.34 and experienced professionals potentially reaching up to $81.64. Understanding these rates helps establish realistic expectations for roles involving remote or hybrid actuarial modeling, pension plan client meetings, and various other settings commonly engaged by actuaries.
About the Essex Junction Market
Salary estimated from Vermont average ($115,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $32.34 | $258.74 |
| Lower Range (P25) | $41.38 | $331.07 |
| Median (P50) | $52.67 | $421.39 |
| Upper Range (P75) | $67.42 | $539.36 |
| Top Earners (P90) | $81.64 | $653.13 |
Estimated Annual Income by Work Schedule in Essex Junction
Based on $52.67/hr median hourly rate · 2026 est.
At $52.67/hr, a actuary working full-time (40 hr/wk) in Essex Junction, VT can expect to earn approximately $109,560 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $63,208. With a cost-of-living index of 103.50 (above the national average), these earnings may be offset by higher expenses in Essex Junction.
Hourly Rate Calculator
Schedule Comparison in Essex Junction
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,106.93 | $9,130 | $109,560 |
| Part-Time (24 hrs) | $1,264.16 | $5,478 | $65,736 |
| Per Diem (16 hrs) | $842.77 | $3,652 | $43,824 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Essex Junction) | $52.67 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Essex Junction, VT earn a median of $109,563 per year (2026 est.), which is 18.33% lower than the national median of $134,160 and 5.50% below the Vermont state average of $115,940.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $52.67/hr = $65,736/year (purchasing power: $63,513).
Working 40h/week (full-time) = $109,560/year (purchasing power: $105,855).
CoL index: 103.5 (100 = national average).
2019 BLS Actual
$42.54/hr
2025 BLS Actual
$51.04/hr
2026 Current Est.
$52.67/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Essex Junction (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $42.54/hr | Actual |
| 2020 | $43.59/hr | Actual |
| 2021 | $41.58/hr | Actual |
| 2022 | $44.75/hr | Actual |
| 2023 | $47.11/hr | Actual |
| 2024 | $54.10/hr | Actual |
| 2025 | $51.04/hr | Actual |
| 2026(current) | $52.67/hr | Estimated |
| 2027 | $54.36/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Essex Junction grew 20.0% from $42.54/hr (2019) to $51.04/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $54.36/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 Essex Junction 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 Essex Junction
When examining the financial implications for part-time actuaries in Essex Junction, those working a 3-day week (approximately 24 hours) could generate just under $40,000 annually before taxes, clearly less than what full-time counterparts would take home. Many opportunities for per diem or 1099 acting work are rarely available at junior levels; instead, experienced actuaries often partake in consulting engagements that can bill from $250 to $500 per hour, especially those with FSA/FCAS credentials. Positions vary widely depending on the employer; actuarial roles within life or health insurance companies might offer lower hourly rates but come with solid benefits. Conversely, consulting firms may allow for higher pay without benefits. Therefore, actuaries must weigh the balance between compensation and financial safety nets, considering how they negotiate their rates in Essex Junction’s unique job market. Establishing a solid professional network and understanding the local market dynamics can significantly enhance earnings potential in this field.
More salary data for Essex Junction, VT:
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 Essex Junction. 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 Essex Junction 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