Business & Finance Newark, DE Pop. 33,398

Economist Salary in Newark, Delaware

The median economist salary in Newark, DE is $121,916 per year, which is 7.0% above the national median and 0.9% above the Delaware state average.

City Median
$121,916
vs State Avg
+$1,140
vs National
+$7,976
Cost of Living
102%

Economist Salary in Newark by Experience

In Newark, an entry-level economist earns around $69,550, while experienced professionals earn up to $197,950 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$69,550
+$4,550 vs national
Mid Level (3-7 yrs)
$123,050
+$8,050 vs national
Senior Level (8+ yrs)
$197,950
+$12,950 vs national

Salary Percentiles in Newark, DE

Percentile Newark
10th Percentile $66,340
25th Percentile $87,740
Median (50th) $121,916
75th Percentile $165,850
90th Percentile $211,860

Economist Salary in Other Delaware Cities

Wilmington, DE
$125,334
Pop. 70,898
Bear, DE
$118,498
Pop. 21,000
Middletown, DE
$117,358
Pop. 22,350
Dover, DE
$115,079
Pop. 39,403

How to Become a Economist in Newark

Education

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