Business & Finance Lafayette, LA Pop. 121,374

Economist Salary in Lafayette, Louisiana

The median economist salary in Lafayette, LA is $100,267 per year, which is 12% below the national median and 3.3% below the Louisiana state average.

City Median
$100,267
vs State Avg
$-3,418
vs National
$-13,673
Cost of Living
88%

Economist Salary in Lafayette by Experience

In Lafayette, 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 Lafayette, LA

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

Economist Salary in Other Louisiana Cities

New Orleans, LA
$111,661
Pop. 383,997
Baton Rouge, LA
$104,825
Pop. 227,470
Lake Charles, LA
$97,988
Pop. 80,000
Shreveport, LA
$96,849
Pop. 187,593

How to Become a Economist in Lafayette

Education

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