Business & Finance Idaho Falls, ID Pop. 64,609

Economist Salary in Idaho Falls, Idaho

The median economist salary in Idaho Falls, ID is $100,267 per year, which is 12% below the national median and 6.4% below the Idaho state average.

City Median
$100,267
vs State Avg
$-6,837
vs National
$-13,673
Cost of Living
88%

Economist Pay in Idaho Falls: What to Expect (2026)

Idaho Falls offers a median economist salary of $100,267, which is $6,837 below the Idaho state average of $107,104. Compared to the national median of $113,940, Idaho Falls pays below the national benchmark for this role.

One of Idaho Falls's biggest advantages is its low cost of living at 88% of the national average. This means the $100,267 salary stretches further here — equivalent to roughly $113,940 in an average-cost city. This makes Idaho Falls an attractive option for economists seeking strong real-dollar compensation.

The salary range for economists in Idaho Falls spans from $54,560 at the 10th percentile to $174,240 at the 90th percentile — a $119,680 spread. Entry-level professionals start around $57,200, while senior economists with 8+ years of experience can earn up to $162,800. Idaho Falls is a smaller market (pop. 64,609), which may mean fewer openings but also less competition for available positions.

Economist Salary in Idaho Falls by Experience

In Idaho Falls, an entry-level economist earns around $57,200, while experienced professionals earn up to $162,800 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$57,200
$-7,800 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$162,800
$-22,200 vs national

Salary Percentiles in Idaho Falls, ID

Percentile Idaho Falls
10th Percentile $54,560
25th Percentile $72,160
Median (50th) $100,267
75th Percentile $136,400
90th Percentile $174,240

Economist Salary in Other Idaho Cities

How to Become a Economist in Idaho Falls

Education

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

Find Economist Jobs in Idaho Falls

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Frequently Asked Questions: Economist Salary in Idaho Falls

How much does a Economist make in Idaho Falls, ID? ▼
The median economist salary in Idaho Falls, Idaho is $100,267 per year, which is 12% below the national median of $113,940. Salaries range from $54,560 (10th percentile) to $174,240 (90th percentile).
How much does a Economist make per hour in Idaho Falls? ▼
Based on the median annual salary of $100,267, a economist in Idaho Falls earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Idaho Falls compare to the Idaho state average for economist pay? ▼
Idaho Falls's median economist salary of $100,267 is 6.4% below the Idaho state average of $107,104. The local cost of living index is 88% of the national average.
What is the cost of living in Idaho Falls, ID? ▼
Idaho Falls has a cost of living index of 88% compared to the national average. This means a economist salary of $100,267 in Idaho Falls has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Idaho Falls? ▼
Most economist positions in Idaho Falls 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.