Business & Finance Miami, FL Pop. 442,241

Economist Salary in Miami, Florida

The median economist salary in Miami, FL is $134,449 per year, which is 18.0% above the national median and 20.4% above the Florida state average.

City Median
$134,449
vs State Avg
+$22,788
vs National
+$20,509
Cost of Living
118%

Economist Pay in Miami: What to Expect (2026)

Miami offers a median economist salary of $134,449, which is $22,788 above the Florida state average of $111,661. Compared to the national median of $113,940, Miami pays above average for this role.

However, Miami's cost of living index is 118%, significantly above the national average. After adjusting for local costs, the $134,449 salary has an effective purchasing power of approximately $113,940. Housing, transportation, and food costs in Miami should be factored into any relocation or job-change decision.

The salary range for economists in Miami spans from $73,160 at the 10th percentile to $233,640 at the 90th percentile — a $160,480 spread. Entry-level professionals start around $76,700, while senior economists with 8+ years of experience can earn up to $218,300. With a population of 442,241, Miami is a mid-sized metro with a growing job market.

Economist Salary in Miami by Experience

In Miami, an entry-level economist earns around $76,700, while experienced professionals earn up to $218,300 per year. The local cost of living index is 118% of the national average.

Entry Level (0-2 yrs)
$76,700
+$11,700 vs national
Mid Level (3-7 yrs)
$135,700
+$20,700 vs national
Senior Level (8+ yrs)
$218,300
+$33,300 vs national

Salary Percentiles in Miami, FL

Percentile Miami
10th Percentile $73,160
25th Percentile $96,760
Median (50th) $134,449
75th Percentile $182,900
90th Percentile $233,640

Economist Salary in Other Florida Cities

How to Become a Economist in Miami

Education

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

Find Economist Jobs in Miami

Browse open economist positions in Miami, FL:

Frequently Asked Questions: Economist Salary in Miami

How much does a Economist make in Miami, FL? ▼
The median economist salary in Miami, Florida is $134,449 per year, which is 18.0% above the national median of $113,940. Salaries range from $73,160 (10th percentile) to $233,640 (90th percentile).
How much does a Economist make per hour in Miami? ▼
Based on the median annual salary of $134,449, a economist in Miami earns approximately $65 per hour assuming a standard 2,080-hour work year.
How does Miami compare to the Florida state average for economist pay? ▼
Miami's median economist salary of $134,449 is 20.4% above the Florida state average of $111,661. The local cost of living index is 118% of the national average.
What is the cost of living in Miami, FL? ▼
Miami has a cost of living index of 118% compared to the national average. This means a economist salary of $134,449 in Miami has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Miami? ▼
Most economist positions in Miami 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.