Economists pay range in Albany
New workers and the lowest-paid 10% earn about $64,990 a year or less, while the top 10% make $127,820 or more. The middle half of economists in Albany earn between $76,150 and $118,320.
- $65K10th
- $76K25th
- $99KMedian
- $118K75th
- $128K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $101,340 | $8,445 | $48.72 |
| Median | $99,200 | $8,267 | $47.69 |
| Entry level (25th percentile) | $76,150 | $6,346 | $36.61 |
| Experienced (75th percentile) | $118,320 | $9,860 | $56.88 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Economists pay in Albany vs. New York and the U.S.
Economists in Albany earn 40% less than the New York average ($168,580) and 29% less than the U.S. average ($142,130). At the median the gap is -20% against the U.S. median of $124,720.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Albany | $101,340 | $99,200 | $64,990 | $127,820 | 90 |
| New York | $168,580 | $136,660 | $82,130 | $292,850 | 910 |
| United States | $142,130 | $124,720 | $67,360 | $238,060 | 17,790 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Economists salary after taxes in Albany
On the average salary of $101,340, a single filer in Albany takes home about $75,091 a year, or $6,258 a month and $2,888 every two weeks. Taxes take 26% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). New York City (up to 3.876%) and Yonkers income taxes are not included.
Is Albany a good place for economists? Pay vs. cost of living
Prices in the Albany area are in line with the U.S. average (BEA price parity 99.6), so the average $101,340 buys what about $101,782 would buy in a typical U.S. metro. This job pays 1.7 times the median wage of all jobs in Albany ($58,460). A typical home costs $370,533, or 3.7 years of this average salary before tax.
Economists salary in other New York cities
Albany ranks 2nd of 2 New York metro areas for this job; New York pays the most ($184,860).
- New York$184,860
- Albany$101,340
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 Albany: questions
How much do economists make an hour in Albany?
$48.72 an hour on average, and $47.69 at the median (BLS, May 2025).
What is the entry-level economists salary in Albany?
The lowest-paid 10% earn about $64,990 a year and the 25th percentile is $76,150, a fair guide to starting pay.
What is the economists take-home pay in Albany?
About $75,091 a year ($6,258 a month) for a single filer on the average salary of $101,340. New York City (up to 3.876%) and Yonkers income taxes are not included.
Do economists earn more in Albany than elsewhere?
The average here is 29% less than the U.S. average for this job ($142,130).
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 Albany-Schenectady-Troy, NY (10580). Relative standard error of the mean wage: 1.9%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- 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 (2025 rules). New York City (up to 3.876%) and Yonkers income taxes are not included.
- Job concentration: location quotient 1.67, this job is 1.7 times as concentrated as in the U.S. overall.
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