SOC 19-3011 · Life, Physical, and Social Science

Economists Salary by City

Economists earn the most in New York, NY (average $184,860 a year), followed by Washington, DC ($166,140) and Durham, NC ($159,310), among the 62 metro areas we cover. Across all U.S. metro areas the average is $145,984 (May 2025).

$145,984U.S. metro average
$185Khighest: New York, NY
$73Klowest: San Juan, PR
62metro areas
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Top 15 cities for economists by average salary

New York, NY$184,860
Washington, DC$166,140
Durham, NC$159,310
St. Louis, MO$156,690
Los Angeles, CA$155,860
Philadelphia, PA$149,490
Baltimore, MD$147,800
Riverside, CA$145,870
San Francisco, CA$145,630
San Diego, CA$145,410
Kansas City, MO$141,470
Charlotte, NC$141,330
Cleveland, OH$139,600
Jacksonville, FL$137,760
Richmond, VA$137,150
Average annual wage, BLS OEWS May 2025.

Map: Economists salary by metro area

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Map data © OpenStreetMap contributors.

Economists salary by state

StateMetrosHighest averageLowest average
New York2$184,860$101,340
Washington, D.C.1$166,140$166,140
North Carolina3$159,310$116,990
Missouri2$156,690$141,470
California5$155,860$101,690
Pennsylvania3$149,490$82,020
Maryland1$147,800$147,800
Ohio2$139,600$136,130
Florida5$137,760$78,740
Virginia2$137,150$109,300
Massachusetts3$137,090$99,860
Georgia1$132,880$132,880
Texas3$132,100$115,440
Washington2$131,660$107,210
Michigan3$131,430$97,700
Indiana1$130,110$130,110
Alaska1$129,360$129,360
Minnesota1$127,990$127,990
Colorado3$127,170$117,480
Tennessee1$122,610$122,610
Arizona2$120,630$83,420
Oregon2$119,740$118,550
Oklahoma1$116,820$116,820
Iowa1$107,440$107,440
New Mexico1$103,770$103,770
Connecticut1$103,090$103,090
Montana1$101,740$101,740
Nevada1$98,340$98,340
Wisconsin2$97,510$82,420
Louisiana2$97,000$96,400
Arkansas1$90,290$90,290
Nebraska1$73,020$73,020
Puerto Rico1$72,570$72,570
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Economists salary in every city we cover

Sort by any column. Each city links to its pay range, take-home pay and cost of living.

Metro areaAverageMedianHourlyJobs
New York, NY$184,860$176,090$88.87850
Washington, DC$166,140$156,750$79.884,570
Durham, NC$159,310$152,130$76.59120
St. Louis, MO$156,690$132,630$75.3390
Los Angeles, CA$155,860$151,510$74.93200
Philadelphia, PA$149,490$139,530$71.87220
Baltimore, MD$147,800$152,730$71.06110
Riverside, CA$145,870$117,920$70.1340
San Francisco, CA$145,630$142,400$70.02200
San Diego, CA$145,410$122,750$69.9150
Kansas City, MO$141,470$128,520$68.01150
Charlotte, NC$141,330$117,600$67.9580
Cleveland, OH$139,600$105,340$67.1150
Jacksonville, FL$137,760$136,990$66.2330
Richmond, VA$137,150$112,330$65.94120
Boston, MA$137,090$108,140$65.91820
Cincinnati, OH$136,130$120,740$65.4540
Atlanta, GA$132,880$122,570$63.89220
Austin, TX$132,100$87,350$63.5170
Seattle, WA$131,660$126,420$63.30200
Ann Arbor, MI$131,430$128,960$63.1950
Indianapolis, IN$130,110$138,260$62.5530
Anchorage, AK$129,360$109,480$62.1930
Miami, FL$129,000$118,030$62.02110
Pittsburgh, PA$128,880$122,980$61.9690
Minneapolis, MN$127,990$107,030$61.53n/a
Fort Collins, CO$127,170$121,410$61.1440
Denver, CO$126,990$121,410$61.05150
Dallas, TX$123,570$122,170$59.41210
Nashville, TN$122,610$116,990$58.9540
Phoenix, AZ$120,630$125,160$58.00130
Portland, OR$119,740$122,120$57.57n/a
Salem, OR$118,550$124,190$57.0060
Detroit, MI$118,230$106,350$56.84110
Boulder, CO$117,480$107,870$56.4840
Raleigh, NC$116,990$96,030$56.2540
Oklahoma City, OK$116,820$108,620$56.1630
San Antonio, TX$115,440$107,450$55.5050
Tampa, FL$111,930$103,690$53.8180
Virginia Beach, VA$109,300$103,600$52.5550
Amherst, MA$108,010$94,030$51.9340
Des Moines, IA$107,440$96,310$51.6540
Olympia, WA$107,210$103,000$51.55160
Orlando, FL$106,870$102,430$51.38n/a
Albuquerque, NM$103,770$96,870$49.8930
Hartford, CT$103,090$96,720$49.56160
Helena, MT$101,740$89,340$48.9230
Sacramento, CA$101,690$100,410$48.89250
Albany, NY$101,340$99,200$48.7290
Worcester, MA$99,860$99,990$48.0150
Las Vegas, NV$98,340$93,830$47.28n/a
Lansing, MI$97,700$88,320$46.9740
Madison, WI$97,510$88,770$46.88100
New Orleans, LA$97,000$75,510$46.6340
Baton Rouge, LA$96,400$74,580$46.3550
Little Rock, AR$90,290$85,000$43.4140
Tucson, AZ$83,420$79,610$40.11n/a
Milwaukee, WI$82,420$76,900$39.63100
Harrisburg, PA$82,020$80,010$39.43170
Tallahassee, FL$78,740$70,430$37.8650
Lincoln, NE$73,020$70,400$35.1160
San Juan, PR$72,570$70,750$34.89100

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Economists salary: questions

Where do economists make the most money?

In New York, NY, with an average of $184,860 a year, among the 62 metro areas we cover.

What is the average economists salary in the U.S.?

$145,984 a year across all U.S. metro areas, weighted by employment (BLS OEWS, May 2025).

Where is economists pay the lowest?

San Juan, PR, at $72,570 a year on average. Lower pay often comes with lower prices: check the cost of living on each city page.

Sources and how to read this page

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