Business & Finance Waldorf, MD Pop. 77,000

Economist Salary in Waldorf, Maryland

The median economist salary in Waldorf, MD is $125,334 per year, which is 10.0% above the national median and 4.3% below the Maryland state average.

City Median
$125,334
vs State Avg
$-5,697
vs National
+$11,394
Cost of Living
105%

Economist Salary in Waldorf by Experience

In Waldorf, an entry-level economist earns around $71,500, while experienced professionals earn up to $203,500 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$71,500
+$6,500 vs national
Mid Level (3-7 yrs)
$126,500
+$11,500 vs national
Senior Level (8+ yrs)
$203,500
+$18,500 vs national

Salary Percentiles in Waldorf, MD

Percentile Waldorf
10th Percentile $68,200
25th Percentile $90,200
Median (50th) $125,334
75th Percentile $170,500
90th Percentile $217,800

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
Baltimore, MD
$128,752
Pop. 585,708

How to Become a Economist in Waldorf

Education

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