Economists in Massachusetts
Want to work in Massachusetts as an Economist? Read this first!
- Economists in Massachusetts earn higher salaries than the typical U.S. wage earner.
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How Many Economists Work in Massachusetts?
There were approximately 1,150 workers employed as Economists in this state in 2018.
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.
In 2017 the median pay for this field was $51.28 an hour.
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
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 |
| Michigan | 250 | $80,990 |
| Minnesota | 250 | $68,050 |
| Missouri | 250 | $91,350 |
| Florida | 240 | $90,490 |
| Wisconsin | 240 | $69,060 |
| 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?
- Economics
- Econometrics & Quantitative Economics
- General Economics
- Business/Managerial Economics
- Business Economics
- Development Economics & International Development
- Applied Economics
- International Economics
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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