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 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.