SOC 19-3011 · Nashville-Davidson--Murfreesboro--Franklin, TN metro

Economists Salary in Nashville, TN

The average salary for economists in Nashville, Tennessee is $122,610 a year ($58.95 an hour), according to BLS estimates for May 2025. The median is $116,990: half of the 40 people in this job in the Nashville-Davidson--Murfreesboro--Franklin, TN metro area earn more than that, half earn less. That average is 14% less than the U.S. average for this job ($142,130).

$122,610average per year

$58.95 / hourMedian $116,990Take-home ≈ $95,070

  • $75K10th
  • $96K25th
  • $117KMedian
  • $142K75th
  • $160K90th

median average · bar = middle 50% of workers · how to read it

40people in this job
-14%vs U.S. average
96cost of living (U.S. = 100)
Advertisement

Economists pay range in Nashville

New workers and the lowest-paid 10% earn about $74,570 a year or less, while the top 10% make $159,840 or more. The middle half of economists in Nashville earn between $96,170 and $142,480.

  • $75K10th
  • $96K25th
  • $117KMedian
  • $142K75th
  • $160K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$122,610$10,218$58.95
Median$116,990$9,749$56.25
Entry level (25th percentile)$96,170$8,014$46.24
Experienced (75th percentile)$142,480$11,873$68.50

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Economists pay in Nashville vs. Tennessee and the U.S.

Economists in Nashville earn about the same as the Tennessee average ($123,810) and 14% less than the U.S. average ($142,130). At the median the gap is -6% against the U.S. median of $124,720.

AreaAverageMedian10th pct.90th pct.Jobs
Nashville$122,610$116,990$74,570$159,84040
Tennessee$123,810$117,650$83,610$162,67080
United States$142,130$124,720$67,360$238,06017,790

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Economists salary after taxes in Nashville

On the average salary of $122,610, a single filer in Nashville takes home about $95,070 a year, or $7,922 a month and $3,657 every two weeks. Taxes take 22% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.

Tennessee paycheck calculator: try your own salary

Advertisement

Is Nashville a good place for economists? Pay vs. cost of living

Prices in the Nashville area are 4% below the U.S. average (BEA price parity 96.3), so the average $122,610 buys what about $127,271 would buy in a typical U.S. metro. This job pays 2.3 times the median wage of all jobs in Nashville ($50,390). A typical home costs $455,958, or 3.7 years of this average salary before tax.

See what $122,610 is worth in another city

Economists salary in nearby metro areas

Highest-paying cities for economists

New York, NY pays this job the most of the metro areas we cover ($184,860).

Economists salary by city

Advertisement

Does this match what you are paid?

Anonymous, no account. Results update as visitors answer.

Share your pay anonymously

Reviewed before it counts. Economists in Nashville, TN.

Economists salary in Nashville: questions

How much do economists make an hour in Nashville?

$58.95 an hour on average, and $56.25 at the median (BLS, May 2025).

What is the entry-level economists salary in Nashville?

The lowest-paid 10% earn about $74,570 a year and the 25th percentile is $96,170, a fair guide to starting pay.

What is the economists take-home pay in Nashville?

About $95,070 a year ($7,922 a month) for a single filer on the average salary of $122,610. Tennessee has no state income tax.

Do economists earn more in Nashville than elsewhere?

The average here is 14% 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 Nashville-Davidson--Murfreesboro--Franklin, TN (34980). Relative standard error of the mean wage: 1.4%.
  • 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 no state income tax.
  • Job concentration: location quotient 0.34, this job is less common than in the U.S. overall (location quotient 0.34).

Read the full methodology. Spotted an error? Tell us.