The average salary for an economist in Maryland is around $119,080 per year.
Avg Salary
Economists earn an average yearly salary of $119,080.
Wages typically start from $62,470 and go up to $172,490.
64% above national average Updated in 2021
Economist earnings by seniority
90th percentile
Top-level economist earnings begin at:
$82.93 per hour
$172,490 per year
75th percentile
Senior-level economist earnings begin at:
$75.63 per hour
$157,310 per year
50th percentile
Mid-level economist earnings begin at:
$57.25 per hour
$119,080 per year
25th percentile
Junior-level economist earnings begin at:
$38.75 per hour
$80,600 per year
10th percentile
Starting level economist earnings begin at:
$30.03 per hour
$62,470 per year
Approximate values based on highest and lowest earning segments.
Economist salary by state
| State Name | Average Salary |
|---|---|
| Minnesota | $99,880 |
| Indiana | $99,510 |
| Pennsylvania | $98,400 |
| Texas | $97,930 |
| Michigan | $96,100 |
| New Jersey | $95,480 |
| Louisiana | $93,660 |
| Utah | $90,750 |
| Missouri | $88,710 |
| Oregon | $88,330 |
| Iowa | $82,710 |
| Florida | $82,380 |
| Hawaii | $82,220 |
| Montana | $81,700 |
| Vermont | $81,700 |
| Tennessee | $81,590 |
| Delaware | $81,440 |
| Maine | $81,220 |
| North Carolina | $80,400 |
| Nevada | $79,410 |
| Arizona | $78,150 |
| Idaho | $78,010 |
| South Carolina | $75,380 |
| Wisconsin | $73,350 |
| Wyoming | $72,730 |
| Kentucky | $70,140 |
| New Mexico | $67,700 |
| Kansas | $65,970 |
| Mississippi | $65,410 |
| West Virginia | $65,350 |
| Nebraska | $62,460 |
| Arkansas | $51,850 |
| Puerto Rico | $35,640 |
| New Hampshire | $143,400 |
| District of Columbia | $134,760 |
| Massachusetts | $133,370 |
| New York | $131,720 |
| Oklahoma | $126,040 |
| California | $124,910 |
| Maryland | $119,080 |
| Virginia | $110,590 |
| Illinois | $105,980 |
| Colorado | $105,640 |
| Connecticut | $105,120 |
| Georgia | $105,090 |
| Ohio | $104,730 |
| Alaska | $104,580 |
| Alabama | $104,420 |
| Washington | $103,210 |
How do economist salaries compare to similar careers?
Economists earn about the same as related careers in Maryland. On average, they make less than human resources managers but more than financial analysts.
| Career | Median Salary |
|---|---|
| Human resources manager salary | $127K |
| Investment fund manager salary | $131K |
| Supply chain manager salary | $131K |
| Financial advisor salary | $96K |
| Actuary salary | $102K |
| Economist salary | $119K |
| Operations manager salary | $100K |
| Mathematician salary | $123K |
| Statistician salary | $113K |
| Financial analyst salary | $95K |
Source: CareerExplorer (Aggregated)