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Economists in Maryland

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Economists in Maryland

Get the information you need to know about working as an Economist.

5.1% Jobs Projection
$116,380 Median Salary
30 Job Openings

You’re in luck! Jobs for Economists in Maryland are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Economists in Maryland is growing faster than average.

  • Economists in Maryland earn higher salaries than the typical U.S. wage earner.

How Many Economists Work in Maryland?

700 people worked as Economists in 2018 in this state.

There were 640 Economists employed in this state in 2017.

That’s growth of 60 jobs between 2017 and 2018.


The typical state has 145 Economists working in it, which means Maryland has more Economists than average.


Job Projections for Maryland

Jobs for Economists in this state are growing at a rate of 5.1% which is slower than the nationwide estimated projection of 6.1%.


Maryland Annual Job Openings

The BLS estimates 30 annual job openings, and a total of 410 jobs for Maryland Economists in 2026.

Nationwide, the prediction is 1,600 annual jobs and 22,600 total jobs in 2026.

What do Economists Make in Maryland?

In 2018 wages for Economists ranged from $68,020 to $164,200 with $116,380 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $32.7 to $78.94. The median hourly rate was $55.95.

In 2017 the median pay for this field was $54.69 an hour.

The hourly rate grew by $1.26.

The median salary in Maryland is higher than the nationwide median salary.


Top Maryland Metros for Economists

The table below shows some of the metros in this state with the most Economists.

Metro Number Employed Annual Median Salary
Washington-Arlington-Alexandria, DC-VA-MD-WV 7,950 $123,940
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 260 $100,370
Baltimore-Columbia-Towson, MD 130 $116,370

Top States for Economists Employment

View the list below to see where most Economists work.

State Number Employed Annual Median Salary
District of Columbia 6,380 $122,930
California 1,430 $114,660
Virginia 1,230 $122,230
Massachusetts 1,150 $107,580
Texas 830 $99,740
New York 750 $101,740
Maryland 700 $116,380
Pennsylvania 610 $84,520
Washington 400 $91,940
Illinois 380 $104,230
Georgia 330 $104,200
Minnesota 250 $68,050
Michigan 250 $80,990
Missouri 250 $91,350
Wisconsin 240 $69,060
Florida 240 $90,490
North Carolina 230 $80,400
Colorado 220 $101,670
Oregon 220 $88,330
New Jersey 180 $87,590

Below are the states where Economists get paid the most:

State Annual Median Salary
District of Columbia $122,930
Virginia $122,230
Maryland $116,380
California $114,660
Ohio $108,800
Massachusetts $107,580
Illinois $104,230
Georgia $104,200
New York $101,740
Colorado $101,670

What Major Will Prepare You For an Economist Career?


More about our data sources and methodologies.

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