Economist Salary in Paterson, New Jersey
The median economist salary in Paterson, NJ is $128,752 per year, which is 13.0% above the national median and 8.1% below the New Jersey state average.
Economist Pay in Paterson: What to Expect (2026)
Paterson offers a median economist salary of $128,752, which is $11,394 below the New Jersey state average of $140,146. Compared to the national median of $113,940, Paterson pays above average for this role.
Paterson's cost of living is 105% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for economists in Paterson spans from $70,060 at the 10th percentile to $223,740 at the 90th percentile — a $153,680 spread. Entry-level professionals start around $73,450, while senior economists with 8+ years of experience can earn up to $209,050. With a population of 159,732, Paterson is a mid-sized metro with a growing job market.
Economist Salary in Paterson by Experience
In Paterson, an entry-level economist earns around $73,450, while experienced professionals earn up to $209,050 per year. The local cost of living index is 105% of the national average.
Salary Percentiles in Paterson, NJ
| Percentile | Paterson |
|---|---|
| 10th Percentile | $70,060 |
| 25th Percentile | $92,660 |
| Median (50th) | $128,752 |
| 75th Percentile | $175,150 |
| 90th Percentile | $223,740 |
Economist Salary in Other New Jersey Cities
How to Become a Economist in Paterson
Education
Most economist positions require a master's degree. Paterson and the surrounding New Jersey area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Demand in Paterson may vary based on local industry and population growth.
Find Economist Jobs in Paterson
Browse open economist positions in Paterson, NJ: