Business & Finance Lowell, MA Pop. 115,554

Economist Salary in Lowell, Massachusetts

The median economist salary in Lowell, MA is $127,613 per year, which is 12.0% above the national median and 21.1% below the Massachusetts state average.

City Median
$127,613
vs State Avg
$-34,182
vs National
+$13,673
Cost of Living
105%

Economist Pay in Lowell: What to Expect (2026)

Lowell offers a median economist salary of $127,613, which is $34,182 below the Massachusetts state average of $161,795. Compared to the national median of $113,940, Lowell pays above average for this role.

Lowell's cost of living is 105% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for economists in Lowell spans from $69,440 at the 10th percentile to $221,760 at the 90th percentile — a $152,320 spread. Entry-level professionals start around $72,800, while senior economists with 8+ years of experience can earn up to $207,200. With a population of 115,554, Lowell is a mid-sized metro with a growing job market.

Economist Salary in Lowell by Experience

In Lowell, an entry-level economist earns around $72,800, while experienced professionals earn up to $207,200 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$72,800
+$7,800 vs national
Mid Level (3-7 yrs)
$128,800
+$13,800 vs national
Senior Level (8+ yrs)
$207,200
+$22,200 vs national

Salary Percentiles in Lowell, MA

Percentile Lowell
10th Percentile $69,440
25th Percentile $91,840
Median (50th) $127,613
75th Percentile $173,600
90th Percentile $221,760

Economist Salary in Other Massachusetts Cities

How to Become a Economist in Lowell

Education

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

Find Economist Jobs in Lowell

Browse open economist positions in Lowell, MA:

Frequently Asked Questions: Economist Salary in Lowell

How much does a Economist make in Lowell, MA? ▼
The median economist salary in Lowell, Massachusetts is $127,613 per year, which is 12.0% above the national median of $113,940. Salaries range from $69,440 (10th percentile) to $221,760 (90th percentile).
How much does a Economist make per hour in Lowell? ▼
Based on the median annual salary of $127,613, a economist in Lowell earns approximately $61 per hour assuming a standard 2,080-hour work year.
How does Lowell compare to the Massachusetts state average for economist pay? ▼
Lowell's median economist salary of $127,613 is 21.1% below the Massachusetts state average of $161,795. The local cost of living index is 105% of the national average.
What is the cost of living in Lowell, MA? ▼
Lowell has a cost of living index of 105% compared to the national average. This means a economist salary of $127,613 in Lowell has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Lowell? ▼
Most economist positions in Lowell 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.