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 Pay in Newark: What to Expect (2026)

Newark offers a median economist salary of $121,916, which is $1,140 above the Delaware state average of $120,776. Compared to the national median of $113,940, Newark pays above average for this role.

Newark's cost of living is 102% 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 Newark spans from $66,340 at the 10th percentile to $211,860 at the 90th percentile — a $145,520 spread. Entry-level professionals start around $69,550, while senior economists with 8+ years of experience can earn up to $197,950. Newark is a smaller market (pop. 33,398), which may mean fewer openings but also less competition for available positions.

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

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.

Find Economist Jobs in Newark

Browse open economist positions in Newark, DE:

Frequently Asked Questions: Economist Salary in Newark

How much does a Economist make in Newark, DE? ▼
The median economist salary in Newark, Delaware is $121,916 per year, which is 7.0% above the national median of $113,940. Salaries range from $66,340 (10th percentile) to $211,860 (90th percentile).
How much does a Economist make per hour in Newark? ▼
Based on the median annual salary of $121,916, a economist in Newark earns approximately $59 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the Delaware state average for economist pay? ▼
Newark's median economist salary of $121,916 is 0.9% above the Delaware state average of $120,776. The local cost of living index is 102% of the national average.
What is the cost of living in Newark, DE? ▼
Newark has a cost of living index of 102% compared to the national average. This means a economist salary of $121,916 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Newark? ▼
Most economist positions in Newark 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.