Economists pay range in Miami
New workers and the lowest-paid 10% earn about $70,600 a year or less, while the top 10% make $220,940 or more. The middle half of economists in Miami earn between $79,080 and $172,330.
- $71K10th
- $79K25th
- $118KMedian
- $172K75th
- $221K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $129,000 | $10,750 | $62.02 |
| Median | $118,030 | $9,836 | $56.75 |
| Entry level (25th percentile) | $79,080 | $6,590 | $38.02 |
| Experienced (75th percentile) | $172,330 | $14,361 | $82.85 |
*Hourly figures assume 2,080 paid hours a year.
Economists salary after taxes in Miami
On the average salary of $129,000, a single filer in Miami takes home about $99,438 a year, or $8,286 a month and $3,825 every two weeks. Taxes take 23% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Miami a good place for economists? Pay vs. cost of living
Prices in the Miami area are 14% above the U.S. average (BEA price parity 114.2), so the average $129,000 buys what about $113,004 would buy in a typical U.S. metro. This job pays 2.4 times the median wage of all jobs in Miami ($48,640). A typical home costs $475,622, or 3.7 years of this average salary before tax.
Economists salary in other Florida cities
Miami ranks 2nd of 5 Florida metro areas for this job; Jacksonville pays the most ($137,760).
- Jacksonville$137,760
- Miami$129,000
- Tampa$111,930
- Orlando$106,870
- Tallahassee$78,740
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 Miami: questions
How much do economists make an hour in Miami?
$62.02 an hour on average, and $56.74 at the median (BLS, May 2025).
What is the entry-level economists salary in Miami?
The lowest-paid 10% earn about $70,600 a year and the 25th percentile is $79,080, a fair guide to starting pay.
What is the economists take-home pay in Miami?
About $99,438 a year ($8,286 a month) for a single filer on the average salary of $129,000. Florida has no state income tax.
Do economists earn more in Miami than elsewhere?
The average here is 12% 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 Miami-Fort Lauderdale-West Palm Beach, FL (33100). Relative standard error of the mean wage: 6.2%.
- 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 no state income tax.
- Job concentration: location quotient 0.35, this job is less common than in the U.S. overall (location quotient 0.35).
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