Business & Finance Alabama (AL) Rank #44 of 50

Economist Salary in Alabama

The median economist salary in Alabama is $99,128 per year, which is 13% below the national median of $113,940.

Median Salary
$99,128
vs National
$-14,812
State Rank
#44 of 50
Cost of Living
87%

Economist Salary Overview in Alabama (2026)

Alabama ranks #44 out of 50 states for economist compensation. Economist salaries in Alabama are below the national median, though the lower cost of living can offset the difference. At $99,128 per year, economists in Alabama earn $14,812 less than the national median of $113,940.

A key advantage of working in Alabama is its below-average cost of living (87% of the national index). This means the $99,128 salary has the purchasing power of roughly $113,940 in an average-cost area.

The salary spread in Alabama is significant: economists at the 10th percentile earn $53,940, while those at the 90th percentile bring home $172,260 — a $118,320 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Alabama for this role is Huntsville, where the median reaches $104,825.

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). This steady growth indicates stable demand for economists across the country.

Economist Salary in Alabama by Experience

In Alabama, an entry-level economist earns around $56,550, while experienced professionals earn up to $160,950 per year. The cost of living index in Alabama is 87% of the national average.

Entry Level (0-2 yrs)
$56,550
$-8,450 vs national
Mid Level (3-7 yrs)
$100,050
$-14,950 vs national
Senior Level (8+ yrs)
$160,950
$-24,050 vs national

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Salary Percentiles in Alabama

Percentile AL Salary
10th Percentile $53,940
25th Percentile $71,340
Median (50th) $99,128
75th Percentile $134,850
90th Percentile $172,260

Economist Salary by City in Alabama

The largest employment areas for economists in Alabama include Birmingham, Huntsville, Montgomery, and Mobile. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in Alabama

Education

Most economist positions require a master's degree. Alabama has several accredited institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Alabama

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Alabama's demand may vary based on local industry trends.

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Frequently Asked Questions: Economist Salary in Alabama

How much does a Economist make in Alabama? ▼
The median economist salary in Alabama is $99,128 per year, which is 13% below the national median of $113,940. Salaries range from $53,940 (10th percentile) to $172,260 (90th percentile).
How much does a Economist make per hour in Alabama? ▼
Based on the median annual salary of $99,128, a economist in Alabama earns approximately $48 per hour assuming a standard 2,080-hour work year.
Is Alabama a good state for economists? ▼
Alabama ranks #44 out of 50 states for economist pay. The cost of living index is 87% of the national average. Entry-level economists earn $56,550, while senior professionals earn $160,950.
How does Alabama compare to other states for economist salary? ▼
The highest paying state for economists is Hawaii at $193,698. Alabama's median of $99,128 ranks #44 nationally. Nearby-ranked states include Missouri ($100,267) and South Dakota ($100,267).
What is the entry-level economist salary in Alabama? ▼
An entry-level economist in Alabama earns approximately $56,550 per year. With 3-7 years of experience, pay increases to around $100,050. Senior-level professionals with 8+ years earn up to $160,950.
What city in Alabama pays economists the most? ▼
Huntsville is the highest paying city in Alabama for economists, with a median salary of $104,825. Other cities include Birmingham and Montgomery.