Business & Finance Lexington, KY Pop. 322,570

Economist Salary in Lexington, Kentucky

The median economist salary in Lexington, KY is $105,964 per year, which is 7% below the national median and 6.9% above the Kentucky state average.

City Median
$105,964
vs State Avg
+$6,836
vs National
$-7,976
Cost of Living
93%

Economist Pay in Lexington: What to Expect (2026)

Lexington offers a median economist salary of $105,964, which is $6,836 above the Kentucky state average of $99,128. Compared to the national median of $113,940, Lexington pays below the national benchmark for this role.

Lexington's cost of living is 93% 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 Lexington spans from $57,660 at the 10th percentile to $184,140 at the 90th percentile — a $126,480 spread. Entry-level professionals start around $60,450, while senior economists with 8+ years of experience can earn up to $172,050. With a population of 322,570, Lexington is a mid-sized metro with a growing job market.

Economist Salary in Lexington by Experience

In Lexington, an entry-level economist earns around $60,450, while experienced professionals earn up to $172,050 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$60,450
$-4,550 vs national
Mid Level (3-7 yrs)
$106,950
$-8,050 vs national
Senior Level (8+ yrs)
$172,050
$-12,950 vs national

Salary Percentiles in Lexington, KY

Percentile Lexington
10th Percentile $57,660
25th Percentile $76,260
Median (50th) $105,964
75th Percentile $144,150
90th Percentile $184,140

Economist Salary in Other Kentucky Cities

How to Become a Economist in Lexington

Education

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

Find Economist Jobs in Lexington

Browse open economist positions in Lexington, KY:

Frequently Asked Questions: Economist Salary in Lexington

How much does a Economist make in Lexington, KY? ▼
The median economist salary in Lexington, Kentucky is $105,964 per year, which is 7% below the national median of $113,940. Salaries range from $57,660 (10th percentile) to $184,140 (90th percentile).
How much does a Economist make per hour in Lexington? ▼
Based on the median annual salary of $105,964, a economist in Lexington earns approximately $51 per hour assuming a standard 2,080-hour work year.
How does Lexington compare to the Kentucky state average for economist pay? ▼
Lexington's median economist salary of $105,964 is 6.9% above the Kentucky state average of $99,128. The local cost of living index is 93% of the national average.
What is the cost of living in Lexington, KY? ▼
Lexington has a cost of living index of 93% compared to the national average. This means a economist salary of $105,964 in Lexington has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Lexington? ▼
Most economist positions in Lexington 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.