Business & Finance Montgomery, AL
Pop. 200,603
Economist Salary in Montgomery, Alabama
The median economist salary in Montgomery, AL is $97,988 per year, which is 14% below the national median and 1.2% below the Alabama state average.
City Median
$97,988
vs State Avg
$-1,140
vs National
$-15,952
Cost of Living
86%
Economist Salary in Montgomery by Experience
In Montgomery, an entry-level economist earns around $55,900, while experienced professionals earn up to $159,100 per year. The local cost of living index is 86% of the national average.
Entry Level (0-2 yrs)
$55,900
$-9,100 vs national
Mid Level (3-7 yrs)
$98,900
$-16,100 vs national
Senior Level (8+ yrs)
$159,100
$-25,900 vs national
Salary Percentiles in Montgomery, AL
| Percentile | Montgomery |
|---|---|
| 10th Percentile | $53,320 |
| 25th Percentile | $70,520 |
| Median (50th) | $97,988 |
| 75th Percentile | $133,300 |
| 90th Percentile | $170,280 |
Economist Salary in Other Alabama Cities
How to Become a Economist in Montgomery
Education
Most economist positions require a master's degree. Montgomery and the surrounding Alabama area have institutions offering relevant programs.
Key Skills
EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis
Job Outlook
Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Demand in Montgomery may vary based on local industry and population growth.