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 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.