Business & Finance Arkansas (AR) Rank #48 of 50

Economist Salary in Arkansas

The median economist salary in Arkansas is $95,710 per year, which is 16% below the national median of $113,940.

Median Salary
$95,710
vs National
$-18,230
State Rank
#48 of 50
Cost of Living
84%

Economist Salary Overview in Arkansas (2026)

Arkansas ranks #48 out of 50 states for economist compensation. Economist salaries in Arkansas are below the national median, though the lower cost of living can offset the difference. At $95,710 per year, economists in Arkansas earn $18,230 less than the national median of $113,940.

A key advantage of working in Arkansas is its below-average cost of living (84% of the national index). This means the $95,710 salary has the purchasing power of roughly $113,940 in an average-cost area.

The salary spread in Arkansas is significant: economists at the 10th percentile earn $52,080, while those at the 90th percentile bring home $166,320 — a $114,240 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Arkansas for this role is Fayetteville, where the median reaches $100,267.

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 Arkansas by Experience

In Arkansas, an entry-level economist earns around $54,600, while experienced professionals earn up to $155,400 per year. The cost of living index in Arkansas is 84% of the national average.

Entry Level (0-2 yrs)
$54,600
$-10,400 vs national
Mid Level (3-7 yrs)
$96,600
$-18,400 vs national
Senior Level (8+ yrs)
$155,400
$-29,600 vs national

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Salary Percentiles in Arkansas

Percentile AR Salary
10th Percentile $52,080
25th Percentile $68,880
Median (50th) $95,710
75th Percentile $130,200
90th Percentile $166,320

Economist Salary by City in Arkansas

The largest employment areas for economists in Arkansas include Little Rock, Fort Smith, Fayetteville, and Springdale. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in Arkansas

Education

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

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Arkansas

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

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Frequently Asked Questions: Economist Salary in Arkansas

How much does a Economist make in Arkansas? ▼
The median economist salary in Arkansas is $95,710 per year, which is 16% below the national median of $113,940. Salaries range from $52,080 (10th percentile) to $166,320 (90th percentile).
How much does a Economist make per hour in Arkansas? ▼
Based on the median annual salary of $95,710, a economist in Arkansas earns approximately $46 per hour assuming a standard 2,080-hour work year.
Is Arkansas a good state for economists? ▼
Arkansas ranks #48 out of 50 states for economist pay. The cost of living index is 84% of the national average. Entry-level economists earn $54,600, while senior professionals earn $155,400.
How does Arkansas compare to other states for economist salary? ▼
The highest paying state for economists is Hawaii at $193,698. Arkansas's median of $95,710 ranks #48 nationally. Nearby-ranked states include Kentucky ($99,128) and Oklahoma ($97,988).
What is the entry-level economist salary in Arkansas? ▼
An entry-level economist in Arkansas earns approximately $54,600 per year. With 3-7 years of experience, pay increases to around $96,600. Senior-level professionals with 8+ years earn up to $155,400.
What city in Arkansas pays economists the most? ▼
Fayetteville is the highest paying city in Arkansas for economists, with a median salary of $100,267. Other cities include Little Rock and Fort Smith.