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 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.