Business & Finance Baltimore, MD Pop. 585,708

Economist Salary in Baltimore, Maryland

The median economist salary in Baltimore, MD is $128,752 per year, which is 13.0% above the national median and 1.7% below the Maryland state average.

City Median
$128,752
vs State Avg
$-2,279
vs National
+$14,812
Cost of Living
108%

Economist Salary in Baltimore by Experience

In Baltimore, an entry-level economist earns around $73,450, while experienced professionals earn up to $209,050 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$73,450
+$8,450 vs national
Mid Level (3-7 yrs)
$129,950
+$14,950 vs national
Senior Level (8+ yrs)
$209,050
+$24,050 vs national

Salary Percentiles in Baltimore, MD

Percentile Baltimore
10th Percentile $70,060
25th Percentile $92,660
Median (50th) $128,752
75th Percentile $175,150
90th Percentile $223,740

Economist Salary in Other Maryland Cities

Silver Spring, MD
$144,704
Pop. 81,015
Columbia, MD
$140,146
Pop. 104,681
Germantown, MD
$136,728
Pop. 90,676
Waldorf, MD
$125,334
Pop. 77,000

How to Become a Economist in Baltimore

Education

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