Business & Finance Jersey City, NJ Pop. 292,449

Economist Salary in Jersey City, New Jersey

The median economist salary in Jersey City, NJ is $154,958 per year, which is 36.0% above the national median and 10.6% above the New Jersey state average.

City Median
$154,958
vs State Avg
+$14,812
vs National
+$41,018
Cost of Living
128%

Economist Pay in Jersey City: What to Expect (2026)

Jersey City offers a median economist salary of $154,958, which is $14,812 above the New Jersey state average of $140,146. Compared to the national median of $113,940, Jersey City pays above average for this role.

However, Jersey City's cost of living index is 128%, significantly above the national average. After adjusting for local costs, the $154,958 salary has an effective purchasing power of approximately $121,061. Housing, transportation, and food costs in Jersey City should be factored into any relocation or job-change decision.

The salary range for economists in Jersey City spans from $84,320 at the 10th percentile to $269,280 at the 90th percentile — a $184,960 spread. Entry-level professionals start around $88,400, while senior economists with 8+ years of experience can earn up to $251,600. With a population of 292,449, Jersey City is a mid-sized metro with a growing job market.

Economist Salary in Jersey City by Experience

In Jersey City, an entry-level economist earns around $88,400, while experienced professionals earn up to $251,600 per year. The local cost of living index is 128% of the national average.

Entry Level (0-2 yrs)
$88,400
+$23,400 vs national
Mid Level (3-7 yrs)
$156,400
+$41,400 vs national
Senior Level (8+ yrs)
$251,600
+$66,600 vs national

Salary Percentiles in Jersey City, NJ

Percentile Jersey City
10th Percentile $84,320
25th Percentile $111,520
Median (50th) $154,958
75th Percentile $210,800
90th Percentile $269,280

Economist Salary in Other New Jersey Cities

How to Become a Economist in Jersey City

Education

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

Find Economist Jobs in Jersey City

Browse open economist positions in Jersey City, NJ:

Frequently Asked Questions: Economist Salary in Jersey City

How much does a Economist make in Jersey City, NJ? ▼
The median economist salary in Jersey City, New Jersey is $154,958 per year, which is 36.0% above the national median of $113,940. Salaries range from $84,320 (10th percentile) to $269,280 (90th percentile).
How much does a Economist make per hour in Jersey City? ▼
Based on the median annual salary of $154,958, a economist in Jersey City earns approximately $74 per hour assuming a standard 2,080-hour work year.
How does Jersey City compare to the New Jersey state average for economist pay? ▼
Jersey City's median economist salary of $154,958 is 10.6% above the New Jersey state average of $140,146. The local cost of living index is 128% of the national average.
What is the cost of living in Jersey City, NJ? ▼
Jersey City has a cost of living index of 128% compared to the national average. This means a economist salary of $154,958 in Jersey City has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Jersey City? ▼
Most economist positions in Jersey City 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.