Business & Finance Columbia, MD Pop. 104,681

Economist Salary in Columbia, Maryland

The median economist salary in Columbia, MD is $140,146 per year, which is 23.0% above the national median and 7.0% above the Maryland state average.

City Median
$140,146
vs State Avg
+$9,115
vs National
+$26,206
Cost of Living
118%

Economist Salary in Columbia by Experience

In Columbia, an entry-level economist earns around $79,950, while experienced professionals earn up to $227,550 per year. The local cost of living index is 118% of the national average.

Entry Level (0-2 yrs)
$79,950
+$14,950 vs national
Mid Level (3-7 yrs)
$141,450
+$26,450 vs national
Senior Level (8+ yrs)
$227,550
+$42,550 vs national

Salary Percentiles in Columbia, MD

Percentile Columbia
10th Percentile $76,260
25th Percentile $100,860
Median (50th) $140,146
75th Percentile $190,650
90th Percentile $243,540

Economist Salary in Other Maryland Cities

Silver Spring, MD
$144,704
Pop. 81,015
Germantown, MD
$136,728
Pop. 90,676
Baltimore, MD
$128,752
Pop. 585,708
Waldorf, MD
$125,334
Pop. 77,000

How to Become a Economist in Columbia

Education

Most economist positions require a master's degree. Columbia 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 Columbia may vary based on local industry and population growth.