Business & Finance Independence, MO
Pop. 123,011
Economist Salary in Independence, Missouri
The median economist salary in Independence, MO is $96,849 per year, which is 15% below the national median and 3.4% below the Missouri state average.
City Median
$96,849
vs State Avg
$-3,418
vs National
$-17,091
Cost of Living
85%
Economist Salary in Independence by Experience
In Independence, an entry-level economist earns around $55,250, while experienced professionals earn up to $157,250 per year. The local cost of living index is 85% of the national average.
Entry Level (0-2 yrs)
$55,250
$-9,750 vs national
Mid Level (3-7 yrs)
$97,750
$-17,250 vs national
Senior Level (8+ yrs)
$157,250
$-27,750 vs national
Salary Percentiles in Independence, MO
| Percentile | Independence |
|---|---|
| 10th Percentile | $52,700 |
| 25th Percentile | $69,700 |
| Median (50th) | $96,849 |
| 75th Percentile | $131,750 |
| 90th Percentile | $168,300 |
Economist Salary in Other Missouri Cities
How to Become a Economist in Independence
Education
Most economist positions require a master's degree. Independence and the surrounding Missouri 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 Independence may vary based on local industry and population growth.