Business & Finance Worcester, MA Pop. 206,518

Economist Salary in Worcester, Massachusetts

The median economist salary in Worcester, MA is $133,310 per year, which is 17.0% above the national median and 17.6% below the Massachusetts state average.

City Median
$133,310
vs State Avg
$-28,485
vs National
+$19,370
Cost of Living
110%

Economist Pay in Worcester: What to Expect (2026)

Worcester offers a median economist salary of $133,310, which is $28,485 below the Massachusetts state average of $161,795. Compared to the national median of $113,940, Worcester pays above average for this role.

Worcester's cost of living is 110% 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 Worcester spans from $72,540 at the 10th percentile to $231,660 at the 90th percentile — a $159,120 spread. Entry-level professionals start around $76,050, while senior economists with 8+ years of experience can earn up to $216,450. With a population of 206,518, Worcester is a mid-sized metro with a growing job market.

Economist Salary in Worcester by Experience

In Worcester, an entry-level economist earns around $76,050, while experienced professionals earn up to $216,450 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$76,050
+$11,050 vs national
Mid Level (3-7 yrs)
$134,550
+$19,550 vs national
Senior Level (8+ yrs)
$216,450
+$31,450 vs national

Salary Percentiles in Worcester, MA

Percentile Worcester
10th Percentile $72,540
25th Percentile $95,940
Median (50th) $133,310
75th Percentile $181,350
90th Percentile $231,660

Economist Salary in Other Massachusetts Cities

How to Become a Economist in Worcester

Education

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

Find Economist Jobs in Worcester

Browse open economist positions in Worcester, MA:

Frequently Asked Questions: Economist Salary in Worcester

How much does a Economist make in Worcester, MA? ▼
The median economist salary in Worcester, Massachusetts is $133,310 per year, which is 17.0% above the national median of $113,940. Salaries range from $72,540 (10th percentile) to $231,660 (90th percentile).
How much does a Economist make per hour in Worcester? ▼
Based on the median annual salary of $133,310, a economist in Worcester earns approximately $64 per hour assuming a standard 2,080-hour work year.
How does Worcester compare to the Massachusetts state average for economist pay? ▼
Worcester's median economist salary of $133,310 is 17.6% below the Massachusetts state average of $161,795. The local cost of living index is 110% of the national average.
What is the cost of living in Worcester, MA? ▼
Worcester has a cost of living index of 110% compared to the national average. This means a economist salary of $133,310 in Worcester has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Worcester? ▼
Most economist positions in Worcester 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.