Business & Finance Massachusetts (MA) Rank #2 of 50

Economist Salary in Massachusetts

The median economist salary in Massachusetts is $161,795 per year, which is 42.0% above the national median of $113,940.

Median Salary
$161,795
vs National
+$47,855
State Rank
#2 of 50
Cost of Living
135%

Economist Salary in Massachusetts by Experience

In Massachusetts, an entry-level economist earns around $92,300, while experienced professionals earn up to $262,700 per year. The cost of living index in Massachusetts is 135% of the national average.

Entry Level (0-2 yrs)
$92,300
+$27,300 vs national
Mid Level (3-7 yrs)
$163,300
+$48,300 vs national
Senior Level (8+ yrs)
$262,700
+$77,700 vs national

Salary Percentiles in Massachusetts

Percentile MA Salary
10th Percentile $88,040
25th Percentile $116,440
Median (50th) $161,795
75th Percentile $220,100
90th Percentile $281,160

Economist Salary by City in Massachusetts

The largest employment areas for economists in Massachusetts include Boston, Worcester, Springfield, and Cambridge. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in Massachusetts

Education

Most economist positions require a master's degree. Massachusetts has several accredited institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Massachusetts

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Massachusetts's demand may vary based on local industry trends.