Business & Finance Edison, NJ Pop. 107,588

Economist Salary in Edison, New Jersey

The median economist salary in Edison, NJ is $140,146 per year, which is 23.0% above the national median and 0.0% above the New Jersey state average.

City Median
$140,146
vs State Avg
+$0
vs National
+$26,206
Cost of Living
115%

Economist Pay in Edison: What to Expect (2026)

Edison offers a median economist salary of $140,146, which is $0 above the New Jersey state average of $140,146. Compared to the national median of $113,940, Edison pays above average for this role.

However, Edison's cost of living index is 115%, significantly above the national average. After adjusting for local costs, the $140,146 salary has an effective purchasing power of approximately $121,866. Housing, transportation, and food costs in Edison should be factored into any relocation or job-change decision.

The salary range for economists in Edison spans from $76,260 at the 10th percentile to $243,540 at the 90th percentile — a $167,280 spread. Entry-level professionals start around $79,950, while senior economists with 8+ years of experience can earn up to $227,550. With a population of 107,588, Edison is a mid-sized metro with a growing job market.

Economist Salary in Edison by Experience

In Edison, an entry-level economist earns around $79,950, while experienced professionals earn up to $227,550 per year. The local cost of living index is 115% of the national average.

Entry Level (0-2 yrs)
$79,950
+$14,950 vs national
Mid Level (3-7 yrs)
$141,450
+$26,450 vs national
Senior Level (8+ yrs)
$227,550
+$42,550 vs national

Salary Percentiles in Edison, NJ

Percentile Edison
10th Percentile $76,260
25th Percentile $100,860
Median (50th) $140,146
75th Percentile $190,650
90th Percentile $243,540

Economist Salary in Other New Jersey Cities

How to Become a Economist in Edison

Education

Most economist positions require a master's degree. Edison and the surrounding New Jersey 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 Edison may vary based on local industry and population growth.

Find Economist Jobs in Edison

Browse open economist positions in Edison, NJ:

Frequently Asked Questions: Economist Salary in Edison

How much does a Economist make in Edison, NJ? ▼
The median economist salary in Edison, New Jersey is $140,146 per year, which is 23.0% above the national median of $113,940. Salaries range from $76,260 (10th percentile) to $243,540 (90th percentile).
How much does a Economist make per hour in Edison? ▼
Based on the median annual salary of $140,146, a economist in Edison earns approximately $67 per hour assuming a standard 2,080-hour work year.
How does Edison compare to the New Jersey state average for economist pay? ▼
Edison's median economist salary of $140,146 is 0.0% above the New Jersey state average of $140,146. The local cost of living index is 115% of the national average.
What is the cost of living in Edison, NJ? ▼
Edison has a cost of living index of 115% compared to the national average. This means a economist salary of $140,146 in Edison has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Edison? ▼
Most economist positions in Edison 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.