Business & Finance Elizabeth, NJ
Pop. 137,298
Economist Salary in Elizabeth, New Jersey
The median economist salary in Elizabeth, NJ is $132,170 per year, which is 16.0% above the national median and 5.7% below the New Jersey state average.
City Median
$132,170
vs State Avg
$-7,976
vs National
+$18,230
Cost of Living
108%
Economist Salary in Elizabeth by Experience
In Elizabeth, an entry-level economist earns around $75,400, while experienced professionals earn up to $214,600 per year. The local cost of living index is 108% of the national average.
Entry Level (0-2 yrs)
$75,400
+$10,400 vs national
Mid Level (3-7 yrs)
$133,400
+$18,400 vs national
Senior Level (8+ yrs)
$214,600
+$29,600 vs national
Salary Percentiles in Elizabeth, NJ
| Percentile | Elizabeth |
|---|---|
| 10th Percentile | $71,920 |
| 25th Percentile | $95,120 |
| Median (50th) | $132,170 |
| 75th Percentile | $179,800 |
| 90th Percentile | $229,680 |
Economist Salary in Other New Jersey Cities
How to Become a Economist in Elizabeth
Education
Most economist positions require a master's degree. Elizabeth 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 Elizabeth may vary based on local industry and population growth.