Business & Finance Cambridge, MA
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Economist Salary in Cambridge, Massachusetts
The median economist salary in Cambridge, MA is $190,280 per year, which is 67.0% above the national median and 17.6% above the Massachusetts state average.
City Median
$190,280
vs State Avg
+$28,485
vs National
+$76,340
Cost of Living
160%
Economist Salary in Cambridge by Experience
In Cambridge, an entry-level economist earns around $108,550, while experienced professionals earn up to $308,950 per year. The local cost of living index is 160% of the national average.
Entry Level (0-2 yrs)
$108,550
+$43,550 vs national
Mid Level (3-7 yrs)
$192,050
+$77,050 vs national
Senior Level (8+ yrs)
$308,950
+$123,950 vs national
Salary Percentiles in Cambridge, MA
| Percentile | Cambridge |
|---|---|
| 10th Percentile | $103,540 |
| 25th Percentile | $136,940 |
| Median (50th) | $190,280 |
| 75th Percentile | $258,850 |
| 90th Percentile | $330,660 |
Economist Salary in Other Massachusetts Cities
How to Become a Economist in Cambridge
Education
Most economist positions require a master's degree. Cambridge and the surrounding Massachusetts 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 Cambridge may vary based on local industry and population growth.