Business & Finance Louisiana (LA) Rank #34 of 50

Economist Salary in Louisiana

The median economist salary in Louisiana is $103,685 per year, which is 9% below the national median of $113,940.

Median Salary
$103,685
vs National
$-10,255
State Rank
#34 of 50
Cost of Living
91%

Economist Salary Overview in Louisiana (2026)

Louisiana ranks #34 out of 50 states for economist compensation. Economist salaries in Louisiana are below the national median, though the lower cost of living can offset the difference. At $103,685 per year, economists in Louisiana earn $10,255 less than the national median of $113,940.

A key advantage of working in Louisiana is its below-average cost of living (91% of the national index). This means the $103,685 salary has the purchasing power of roughly $113,940 in an average-cost area.

The salary spread in Louisiana is significant: economists at the 10th percentile earn $56,420, while those at the 90th percentile bring home $180,180 — a $123,760 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Louisiana for this role is New Orleans, where the median reaches $111,661.

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 Louisiana by Experience

In Louisiana, an entry-level economist earns around $59,150, while experienced professionals earn up to $168,350 per year. The cost of living index in Louisiana is 91% of the national average.

Entry Level (0-2 yrs)
$59,150
$-5,850 vs national
Mid Level (3-7 yrs)
$104,650
$-10,350 vs national
Senior Level (8+ yrs)
$168,350
$-16,650 vs national

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Salary Percentiles in Louisiana

Percentile LA Salary
10th Percentile $56,420
25th Percentile $74,620
Median (50th) $103,685
75th Percentile $141,050
90th Percentile $180,180

Economist Salary by City in Louisiana

The largest employment areas for economists in Louisiana include New Orleans, Baton Rouge, Shreveport, and Lafayette. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in Louisiana

Education

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

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Louisiana

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

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Frequently Asked Questions: Economist Salary in Louisiana

How much does a Economist make in Louisiana? ▼
The median economist salary in Louisiana is $103,685 per year, which is 9% below the national median of $113,940. Salaries range from $56,420 (10th percentile) to $180,180 (90th percentile).
How much does a Economist make per hour in Louisiana? ▼
Based on the median annual salary of $103,685, a economist in Louisiana earns approximately $50 per hour assuming a standard 2,080-hour work year.
Is Louisiana a good state for economists? ▼
Louisiana ranks #34 out of 50 states for economist pay. The cost of living index is 91% of the national average. Entry-level economists earn $59,150, while senior professionals earn $168,350.
How does Louisiana compare to other states for economist salary? ▼
The highest paying state for economists is Hawaii at $193,698. Louisiana's median of $103,685 ranks #34 nationally. Nearby-ranked states include Wisconsin ($104,825) and Wyoming ($104,825).
What is the entry-level economist salary in Louisiana? ▼
An entry-level economist in Louisiana earns approximately $59,150 per year. With 3-7 years of experience, pay increases to around $104,650. Senior-level professionals with 8+ years earn up to $168,350.
What city in Louisiana pays economists the most? ▼
New Orleans is the highest paying city in Louisiana for economists, with a median salary of $111,661. Other cities include Baton Rouge and Shreveport.