Economist Salary in Maryland
The median economist salary in Maryland is $131,031 per year, which is 15.0% above the national median of $113,940.
Economist Salary Overview in Maryland (2026)
Maryland ranks #8 out of 50 states for economist compensation. This places Maryland in the top tier nationally, making it one of the best states for economists seeking high pay. At $131,031 per year, economists in Maryland earn $17,091 more than the national median of $113,940.
It's worth noting that Maryland's cost of living is 110% of the national average, which reduces the real purchasing power of the $131,031 salary. After adjusting for cost of living, the effective salary is closer to $119,119.
The salary spread in Maryland is significant: economists at the 10th percentile earn $71,300, while those at the 90th percentile bring home $227,700 — a $156,400 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Maryland for this role is Silver Spring, where the median reaches $144,704.
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 Maryland by Experience
In Maryland, an entry-level economist earns around $74,750, while experienced professionals earn up to $212,750 per year. The cost of living index in Maryland is 110% of the national average.
You May Qualify for Premium Rewards
Professionals earning $131,031+ often qualify for premium rewards cards with $500+ signup bonuses and 2–5% cashback on every purchase.
View Offers You Qualify For →Salary Percentiles in Maryland
| Percentile | MD Salary |
|---|---|
| 10th Percentile | $71,300 |
| 25th Percentile | $94,300 |
| Median (50th) | $131,031 |
| 75th Percentile | $178,250 |
| 90th Percentile | $227,700 |
Economist Salary by City in Maryland
The largest employment areas for economists in Maryland include Baltimore, Columbia, Silver Spring, and Germantown. Salaries vary by city based on local cost of living and demand.
How to Become a Economist in Maryland
Education
Most economist positions require a master's degree. Maryland has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Maryland
Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Maryland's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Economists who negotiate earn 7–15% more. A single negotiation could add $81,719 over your career trajectory.
Get Negotiation Scripts — $197 →Open to Economist Roles in Maryland?
Get matched with recruiters hiring economists in Maryland at competitive salaries.
Or browse positions directly: