Take free career test
$99k $99k
21k 21k
5.7% 5.7%
3.3/5 3.3/5
Ph.D. Doctorate

How much does an Economist make in Alabama?

Average Economist Hourly Wage in Alabama

Economists earn a median hourly wage of $35.64. Hourly wages typically start from $25.42 and go up to $83.67.

Average Economist Yearly Salary in Alabama

Economists earn a median salary of $74,130 per year. Salaries typically start from $52,860 and go up to $174,040.

Learn more about the Economist job market for salaries of real jobs in your area. Alternatively, see what Economists earn in other states.

An economist's salary can become more substantial depending on how many years of experience they have under their belt. Economists in their first five years can expect to earn approximately $63000/yr, but individuals who have been in the workforce for five to 10 years can earn a noticeably bigger sum of $90,000/yr. Six-figure salaries appear after ten to twenty years on the job - reaping approximately $104,000/yr. Individuals who have worked for more than twenty years report bringing in $125,000/yr on average.

Students who earn master's degrees in economics can work as economists, senior data analysts, financial analysts, and research analysts. According to the U.S. Bureau of Labor Statistics (BLS), an economist's mean salary was $109,230 in May 2015. In the same year, economists working for the federal government earned $114,600 on average. Above average economist's salaries are found in San Francisco, Seattle, Washington, Los Angeles, and Atlanta.

How to Become an Economist

Think you might be interested in becoming an Economist? Here are your next steps.

  1. Take the Sokanu Career Test

    Would you make a good economist? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

    Take the free career test
  2. Get the Education

    • Delaware Technical Community College-Terry | Dover, DE
      Offers: Associates
    • Delaware Technical Community College-Stanton/Wilmington | Wilmington, DE
      Offers: Certificate, Associates
    • Delaware State University | Dover, DE
      Offers: Bachelors
    • University of Delaware | Newark, DE
      Offers: Bachelors
    • Goldey-Beacom College | Wilmington, DE
      Offers: Certificate, Associates, Bachelors
  3. Get Hired
    • Loading jobs...
    View all jobs →

Economist Earnings by Seniority

Top End Economist Earnings

The highest earning Economists in Alabama earn:

$83.67
an hour
$174,040
per year
Senior Economist Earnings

Senior Economists in Alabama earn:

$53.20
an hour
$110,660
per year
Experienced Economist Earnings

Experienced Economists in Alabama earn:

$35.64
an hour
$74,130
per year
Junior Economist Earnings

Junior Economists in Alabama earn:

$29.55
an hour
$61,460
per year
Starting Economist Earnings

Starting Economists in Alabama earn:

$25.42
an hour
$52,860
per year

Approximate values based on highest and lowest earning segments.

Find your perfect career

Would you make a good economist? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

Take the free career test

Economist salary comparison

Economists earn more than 72% percent of Science careers in Alabama. Economist salaries are in the top 76% of all careers in Alabama.

Natural Sciences Manager Salary in Alabama $104k
Atmospheric Scientist Salary in Alabama $82k
Economist Salary $74k
Chemist Salary in Alabama $73k
Clinical Psychologist Salary in Alabama $60k
Historian Salary in Alabama $58k
Cytotechnologist Salary in Alabama $53k
Anthropologist Salary in Alabama $43k
Humanitarian Salary in Alabama $23k

Historical salary for Economists in Alabama

Source: U.S. Department of Labor Bureau of Labor Statistics

Should I be an Economist?

Think you might be interested in becoming an Economist? Here are your next steps.

  1. Take the Sokanu Career Test

    Would you make a good economist? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

    Take the free career test
  2. Get the Education

    • Delaware Technical Community College-Terry | Dover, DE
      Offers: Associates
    • Delaware Technical Community College-Stanton/Wilmington | Wilmington, DE
      Offers: Certificate, Associates
    • Delaware State University | Dover, DE
      Offers: Bachelors
    • University of Delaware | Newark, DE
      Offers: Bachelors
    • Goldey-Beacom College | Wilmington, DE
      Offers: Certificate, Associates, Bachelors
  3. Get Hired
    • Loading jobs...
    View all jobs →