Business & Finance Florida (FL) Rank #20 of 50

Economist Salary in Florida

The median economist salary in Florida is $111,661 per year, which is 2% below the national median of $113,940.

Median Salary
$111,661
vs National
$-2,279
State Rank
#20 of 50
Cost of Living
98%

Economist Salary Overview in Florida (2026)

Florida ranks #20 out of 50 states for economist compensation. Florida falls in the middle of the pack for economist pay, offering salaries near the national average. At $111,661 per year, economists in Florida earn $2,279 less than the national median of $113,940.

Florida's cost of living is near the national average at 98%, meaning economist salaries here translate closely to their face value in purchasing power.

The salary spread in Florida is significant: economists at the 10th percentile earn $60,760, while those at the 90th percentile bring home $194,040 — a $133,280 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Florida for this role is Miami, where the median reaches $134,449.

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 Florida by Experience

In Florida, an entry-level economist earns around $63,700, while experienced professionals earn up to $181,300 per year. The cost of living index in Florida is 98% of the national average.

Entry Level (0-2 yrs)
$63,700
$-1,300 vs national
Mid Level (3-7 yrs)
$112,700
$-2,300 vs national
Senior Level (8+ yrs)
$181,300
$-3,700 vs national

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Salary Percentiles in Florida

Percentile FL Salary
10th Percentile $60,760
25th Percentile $80,360
Median (50th) $111,661
75th Percentile $151,900
90th Percentile $194,040

Economist Salary by City in Florida

The largest employment areas for economists in Florida include Miami, Orlando, Tampa, and Jacksonville. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in Florida

Education

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

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Florida

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

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Frequently Asked Questions: Economist Salary in Florida

How much does a Economist make in Florida? ▼
The median economist salary in Florida is $111,661 per year, which is 2% below the national median of $113,940. Salaries range from $60,760 (10th percentile) to $194,040 (90th percentile).
How much does a Economist make per hour in Florida? ▼
Based on the median annual salary of $111,661, a economist in Florida earns approximately $54 per hour assuming a standard 2,080-hour work year.
Is Florida a good state for economists? ▼
Florida ranks #20 out of 50 states for economist pay. The cost of living index is 98% of the national average. Entry-level economists earn $63,700, while senior professionals earn $181,300.
How does Florida compare to other states for economist salary? ▼
The highest paying state for economists is Hawaii at $193,698. Florida's median of $111,661 ranks #20 nationally. Nearby-ranked states include Pennsylvania ($113,940) and Minnesota ($112,801).
What is the entry-level economist salary in Florida? ▼
An entry-level economist in Florida earns approximately $63,700 per year. With 3-7 years of experience, pay increases to around $112,700. Senior-level professionals with 8+ years earn up to $181,300.
What city in Florida pays economists the most? ▼
Miami is the highest paying city in Florida for economists, with a median salary of $134,449. Other cities include Orlando and Tampa.