Economists in Massachusetts
Considering a career as an Economist in Massachusetts?
- Economists in Massachusetts earn higher salaries than the typical U.S. wage earner.
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How Many Economists Work in Massachusetts?
In 2018, there were 1,150 Economists working in the state.
The typical state has 145 Economists working in it, which means Massachusetts has more Economists than average.
What do Economists Make in Massachusetts?
In 2018 wages for Economists ranged from $66,440 to $183,220 with $107,580 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $31.94 to $88.09. The median hourly rate was $51.72.
Workers in this field were paid a median of $51.28 an hour in 2017.
The hourly rate grew by $0.44.
The median salary in Massachusetts is higher than the nationwide median salary.
Top Massachusetts Metros for Economists
The table below shows some of the metros in this state with the most Economists.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Boston-Cambridge-Nashua, MA-NH | 1,130 | $105,980 |
Top States for Economists Employment
The table below shows the states 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 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By pixabay under License
More about our data sources and methodologies.
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