Business & Finance Waterbury, CT Pop. 114,403

Economist Salary in Waterbury, Connecticut

The median economist salary in Waterbury, CT is $120,776 per year, which is 6.0% above the national median and 11.7% below the Connecticut state average.

City Median
$120,776
vs State Avg
$-15,952
vs National
+$6,836
Cost of Living
98%

Economist Pay in Waterbury: What to Expect (2026)

Waterbury offers a median economist salary of $120,776, which is $15,952 below the Connecticut state average of $136,728. Compared to the national median of $113,940, Waterbury pays above average for this role.

Waterbury's cost of living is 98% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for economists in Waterbury spans from $65,720 at the 10th percentile to $209,880 at the 90th percentile — a $144,160 spread. Entry-level professionals start around $68,900, while senior economists with 8+ years of experience can earn up to $196,100. With a population of 114,403, Waterbury is a mid-sized metro with a growing job market.

Economist Salary in Waterbury by Experience

In Waterbury, an entry-level economist earns around $68,900, while experienced professionals earn up to $196,100 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$68,900
+$3,900 vs national
Mid Level (3-7 yrs)
$121,900
+$6,900 vs national
Senior Level (8+ yrs)
$196,100
+$11,100 vs national

Salary Percentiles in Waterbury, CT

Percentile Waterbury
10th Percentile $65,720
25th Percentile $86,920
Median (50th) $120,776
75th Percentile $164,300
90th Percentile $209,880

Economist Salary in Other Connecticut Cities

How to Become a Economist in Waterbury

Education

Most economist positions require a master's degree. Waterbury and the surrounding Connecticut 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 Waterbury may vary based on local industry and population growth.

Find Economist Jobs in Waterbury

Browse open economist positions in Waterbury, CT:

Frequently Asked Questions: Economist Salary in Waterbury

How much does a Economist make in Waterbury, CT? ▼
The median economist salary in Waterbury, Connecticut is $120,776 per year, which is 6.0% above the national median of $113,940. Salaries range from $65,720 (10th percentile) to $209,880 (90th percentile).
How much does a Economist make per hour in Waterbury? ▼
Based on the median annual salary of $120,776, a economist in Waterbury earns approximately $58 per hour assuming a standard 2,080-hour work year.
How does Waterbury compare to the Connecticut state average for economist pay? ▼
Waterbury's median economist salary of $120,776 is 11.7% below the Connecticut state average of $136,728. The local cost of living index is 98% of the national average.
What is the cost of living in Waterbury, CT? ▼
Waterbury has a cost of living index of 98% compared to the national average. This means a economist salary of $120,776 in Waterbury has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Waterbury? ▼
Most economist positions in Waterbury require a master's degree. Key skills include Econometrics, Statistical Analysis, R/Python, Economic Modeling. The job market is projected to grow 6% nationally over the next decade.