Actuary Hourly Pay in Staunton, VA: $63.82 (2026)
Quick Answer:Hourly pay for a actuary working in Staunton, VA runs $63.82 at the median for 2026 — annualizing to $132,747 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Staunton's regional price level (BEA RPP 103.2, 3% above national), each hour of work buys what $61.84 nationally would. A 24-hour part-time schedule grosses $79,646 per year.
Based on BLS state-level estimates · View source
In 2026, the median hourly pay for actuaries in Staunton, Virginia, is projected to be $63.82, which is slightly below the national median hourly rate of $64.50. This rate is indicative of the earning potential available to part-time actuaries, such as those working three days a week, where they could expect a comfortable income for balancing time between work and personal commitments. The projected hourly range reflects a spectrum from $41.42 at entry-level positions to a high-end potential of $98.92 for top earners or those in specialized consulting roles. As actuaries engage in various settings, including insurance company pricing departments, consulting firms, and remote actuarial modeling projects, their earnings can vary significantly based on their experience, qualifications, and the nature of their employment.
About the Staunton Market
Salary estimated from Virginia average ($128,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $41.42 | $331.40 |
| Lower Range (P25) | $49.42 | $395.38 |
| Median (P50) | $63.82 | $510.55 |
| Upper Range (P75) | $81.69 | $653.54 |
| Top Earners (P90) | $98.92 | $791.34 |
Estimated Annual Income by Work Schedule in Staunton
Based on $63.82/hr median hourly rate · 2026 est.
At $63.82/hr, a actuary working full-time (40 hr/wk) in Staunton, VA can expect to earn approximately $132,743 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $76,583. With a cost-of-living index of 103.20 (above the national average), these earnings may be offset by higher expenses in Staunton.
Hourly Rate Calculator
Schedule Comparison in Staunton
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,552.76 | $11,062 | $132,743 |
| Part-Time (24 hrs) | $1,531.65 | $6,637 | $79,646 |
| Per Diem (16 hrs) | $1,021.10 | $4,425 | $53,097 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Staunton) | $63.82 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Staunton, VA earn a median of $132,747 per year (2026 est.), which is 1.05% lower than the national median of $134,160 and 4.10% below the Virginia state average of $138,423.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $63.82/hr = $79,646/year (purchasing power: $77,176).
Working 40h/week (full-time) = $132,743/year (purchasing power: $128,627).
CoL index: 103.2 (100 = national average).
2019 BLS Actual
$51.54/hr
2025 BLS Actual
$61.84/hr
2026 Current Est.
$63.82/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Staunton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $51.54/hr | Actual |
| 2020 | $52.82/hr | Actual |
| 2021 | $50.38/hr | Actual |
| 2022 | $54.22/hr | Actual |
| 2023 | $57.08/hr | Actual |
| 2024 | $60.89/hr | Actual |
| 2025 | $61.84/hr | Actual |
| 2026(current) | $63.82/hr | Estimated |
| 2027 | $65.86/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Staunton grew 20.0% from $51.54/hr (2019) to $61.84/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $65.86/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 Staunton 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 Staunton
Analyzing the hourly earning potential reveals that a part-time actuary working 24 hours per week would bring home around $79,972 annually, which, while less than a full-time counterpart, still provides substantial income. Engaging in per diem work as an actuary is less common at junior levels but becomes more lucrative for seasoned professionals, especially when providing consulting services that command rates between $250 and $500 per hour. Expert witness testimony in specialized fields like insurance litigation might earn between $400 and $800 per hour, showcasing the variation depending on the role and expertise level. In Staunton, actuaries employed by life insurance companies like Prudential or health insurers such as UnitedHealth may find their hourly rates differ due to the benefits offered, which can be a significant factor in compensation discussions. For those negotiating their hourly rates, it is essential to consider not only the pay but also the benefits, aligning with their career goals and personal needs.
More salary data for Staunton, VA:
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 Staunton. 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 Staunton 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