Business & Finance Germantown, MD Pop. 90,676

Economist Salary in Germantown, Maryland

The median economist salary in Germantown, MD is $136,728 per year, which is 20.0% above the national median and 4.3% above the Maryland state average.

City Median
$136,728
vs State Avg
+$5,697
vs National
+$22,788
Cost of Living
115%

Economist Pay in Germantown: What to Expect (2026)

Germantown offers a median economist salary of $136,728, which is $5,697 above the Maryland state average of $131,031. Compared to the national median of $113,940, Germantown pays above average for this role.

However, Germantown's cost of living index is 115%, significantly above the national average. After adjusting for local costs, the $136,728 salary has an effective purchasing power of approximately $118,894. Housing, transportation, and food costs in Germantown should be factored into any relocation or job-change decision.

The salary range for economists in Germantown spans from $74,400 at the 10th percentile to $237,600 at the 90th percentile — a $163,200 spread. Entry-level professionals start around $78,000, while senior economists with 8+ years of experience can earn up to $222,000. Germantown is a smaller market (pop. 90,676), which may mean fewer openings but also less competition for available positions.

Economist Salary in Germantown by Experience

In Germantown, an entry-level economist earns around $78,000, while experienced professionals earn up to $222,000 per year. The local cost of living index is 115% of the national average.

Entry Level (0-2 yrs)
$78,000
+$13,000 vs national
Mid Level (3-7 yrs)
$138,000
+$23,000 vs national
Senior Level (8+ yrs)
$222,000
+$37,000 vs national

Salary Percentiles in Germantown, MD

Percentile Germantown
10th Percentile $74,400
25th Percentile $98,400
Median (50th) $136,728
75th Percentile $186,000
90th Percentile $237,600

Economist Salary in Other Maryland Cities

Silver Spring, MD
$144,704
Pop. 81,015
Columbia, MD
$140,146
Pop. 104,681
Baltimore, MD
$128,752
Pop. 585,708
Waldorf, MD
$125,334
Pop. 77,000

How to Become a Economist in Germantown

Education

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

Find Economist Jobs in Germantown

Browse open economist positions in Germantown, MD:

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Frequently Asked Questions: Economist Salary in Germantown

How much does a Economist make in Germantown, MD? ▼
The median economist salary in Germantown, Maryland is $136,728 per year, which is 20.0% above the national median of $113,940. Salaries range from $74,400 (10th percentile) to $237,600 (90th percentile).
How much does a Economist make per hour in Germantown? ▼
Based on the median annual salary of $136,728, a economist in Germantown earns approximately $66 per hour assuming a standard 2,080-hour work year.
How does Germantown compare to the Maryland state average for economist pay? ▼
Germantown's median economist salary of $136,728 is 4.3% above the Maryland state average of $131,031. The local cost of living index is 115% of the national average.
What is the cost of living in Germantown, MD? ▼
Germantown has a cost of living index of 115% compared to the national average. This means a economist salary of $136,728 in Germantown has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Germantown? ▼
Most economist positions in Germantown require a master's degree. Key skills include Econometrics, Statistical Analysis, R/Python, Economic Modeling. The job market is projected to grow 6% nationally over the next decade.