Economists pay range in Phoenix
New workers and the lowest-paid 10% earn about $75,000 a year or less, while the top 10% make $169,260 or more. The middle half of economists in Phoenix earn between $88,000 and $137,780.
- $75K10th
- $88K25th
- $125KMedian
- $138K75th
- $169K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $120,630 | $10,052 | $58.00 |
| Median | $125,160 | $10,430 | $60.17 |
| Entry level (25th percentile) | $88,000 | $7,333 | $42.31 |
| Experienced (75th percentile) | $137,780 | $11,482 | $66.24 |
*Hourly figures assume 2,080 paid hours a year.
Economists salary after taxes in Phoenix
On the average salary of $120,630, a single filer in Phoenix takes home about $91,071 a year, or $7,589 a month and $3,503 every two weeks. Taxes take 25% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Phoenix a good place for economists? Pay vs. cost of living
Prices in the Phoenix area are 3% above the U.S. average (BEA price parity 103.3), so the average $120,630 buys what about $116,758 would buy in a typical U.S. metro. This job pays 2.4 times the median wage of all jobs in Phoenix ($51,380). A typical home costs $448,352, or 3.7 years of this average salary before tax.
Economists salary in other Arizona cities
Phoenix ranks 1st of 2 Arizona metro areas for this job, the best-paid in the state.
- Phoenix$120,630
- Tucson$83,420
Highest-paying cities for economists
New York, NY pays this job the most of the metro areas we cover ($184,860).
- New York, NY$184,860
- Washington, DC$166,140
- Durham, NC$159,310
- St. Louis, MO$156,690
- Los Angeles, CA$155,860
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Economists salary in Phoenix: questions
How much do economists make an hour in Phoenix?
$58.00 an hour on average, and $60.17 at the median (BLS, May 2025).
What is the entry-level economists salary in Phoenix?
The lowest-paid 10% earn about $75,000 a year and the 25th percentile is $88,000, a fair guide to starting pay.
What is the economists take-home pay in Phoenix?
About $91,071 a year ($7,589 a month) for a single filer on the average salary of $120,630.
Do economists earn more in Phoenix than elsewhere?
The average here is 17% less than the U.S. metro average for this job ($145,984).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 19-3011; area Phoenix-Mesa-Chandler, AZ (38060). Relative standard error of the mean wage: 6.1%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
- Job concentration: location quotient 0.47, this job is less common than in the U.S. overall (location quotient 0.47).
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