$99k $99k
21k 21k
5.7% 5.7%
3.2/5 3.2/5
Ph.D. Doctorate

How much does an Economist make in Maryland?

Average Economist Hourly Wage in Maryland

Economists earn a median hourly wage of $56.75. Hourly wages typically start from $33.18 and go up to $75.68.

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

Average Economist Yearly Salary in Maryland

Economists earn a median salary of $118,040 per year. Salaries typically start from $69,020 and go up to $157,420.

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

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.

Employment Type Mix

78%
Full-Time
22%
Part-Time

Source: Sokanu user data. View more Economist demographics

Salary Satisfaction

3.3
SCORE
347
RATINGS
Economists average a score of 3.3 out of 5 on our salary satisfaction scale. This places Economists in the 72th percentile of salary satisfaction.

Source: Sokanu user data. View more Economist satisfaction

How to Become an Economist

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Economist Earnings by Seniority

Top End Economist Earnings

The highest earning Economists in Maryland earn:

$75.68
an hour
$157,420
per year
Senior Economist Earnings

Senior Economists in Maryland earn:

$67.07
an hour
$139,510
per year
Experienced Economist Earnings

Experienced Economists in Maryland earn:

$56.75
an hour
$118,040
per year
Junior Economist Earnings

Junior Economists in Maryland earn:

$45.13
an hour
$93,870
per year
Starting Economist Earnings

Starting Economists in Maryland earn:

$33.18
an hour
$69,020
per year

Approximate values based on highest and lowest earning segments.

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Economist salary comparison

Economists earn more than 87% percent of Science careers in Maryland. Economist salaries are in the top 91% of all careers in Maryland.

Nanotechnology Engineer Salary in Maryland $122k
Economist Salary $118k
Chemist Salary in Maryland $106k
Hydrologist Salary in Maryland $95k
Animal Scientist Salary in Maryland $81k
Clinical Psychologist Salary in Maryland $72k
Archivist Salary in Maryland $63k
Food Safety And Quality Technician Salary in Maryland $56k
Humanitarian Salary in Maryland $30k
Source:

Historical salary for Economists in Maryland

Source: U.S. Department of Labor Bureau of Labor Statistics
  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. Jobs in your area
    • Loading jobs...
    View all jobs →