Business & Finance Kentucky (KY) Rank #46 of 50

Economist Salary in Kentucky

The median economist salary in Kentucky is $99,128 per year, which is 13% below the national median of $113,940.

Median Salary
$99,128
vs National
$-14,812
State Rank
#46 of 50
Cost of Living
87%

Economist Salary Overview in Kentucky (2026)

Kentucky ranks #46 out of 50 states for economist compensation. Economist salaries in Kentucky are below the national median, though the lower cost of living can offset the difference. At $99,128 per year, economists in Kentucky earn $14,812 less than the national median of $113,940.

A key advantage of working in Kentucky is its below-average cost of living (87% of the national index). This means the $99,128 salary has the purchasing power of roughly $113,940 in an average-cost area.

The salary spread in Kentucky is significant: economists at the 10th percentile earn $53,940, while those at the 90th percentile bring home $172,260 — a $118,320 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Kentucky for this role is Lexington, where the median reaches $105,964.

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 Kentucky by Experience

In Kentucky, an entry-level economist earns around $56,550, while experienced professionals earn up to $160,950 per year. The cost of living index in Kentucky is 87% of the national average.

Entry Level (0-2 yrs)
$56,550
$-8,450 vs national
Mid Level (3-7 yrs)
$100,050
$-14,950 vs national
Senior Level (8+ yrs)
$160,950
$-24,050 vs national

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Salary Percentiles in Kentucky

Percentile KY Salary
10th Percentile $53,940
25th Percentile $71,340
Median (50th) $99,128
75th Percentile $134,850
90th Percentile $172,260

Economist Salary by City in Kentucky

The largest employment areas for economists in Kentucky include Louisville, Lexington, Bowling Green, and Owensboro. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in Kentucky

Education

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

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Kentucky

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

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Frequently Asked Questions: Economist Salary in Kentucky

How much does a Economist make in Kentucky? ▼
The median economist salary in Kentucky is $99,128 per year, which is 13% below the national median of $113,940. Salaries range from $53,940 (10th percentile) to $172,260 (90th percentile).
How much does a Economist make per hour in Kentucky? ▼
Based on the median annual salary of $99,128, a economist in Kentucky earns approximately $48 per hour assuming a standard 2,080-hour work year.
Is Kentucky a good state for economists? ▼
Kentucky ranks #46 out of 50 states for economist pay. The cost of living index is 87% of the national average. Entry-level economists earn $56,550, while senior professionals earn $160,950.
How does Kentucky compare to other states for economist salary? ▼
The highest paying state for economists is Hawaii at $193,698. Kentucky's median of $99,128 ranks #46 nationally. Nearby-ranked states include Alabama ($99,128) and Kansas ($99,128).
What is the entry-level economist salary in Kentucky? ▼
An entry-level economist in Kentucky earns approximately $56,550 per year. With 3-7 years of experience, pay increases to around $100,050. Senior-level professionals with 8+ years earn up to $160,950.
What city in Kentucky pays economists the most? ▼
Lexington is the highest paying city in Kentucky for economists, with a median salary of $105,964. Other cities include Louisville and Bowling Green.