Economist Salary in New York
The median economist salary in New York is $152,680 per year, which is 34.0% above the national median of $113,940.
Economist Salary Overview in New York (2026)
New York ranks #4 out of 50 states for economist compensation. This places New York in the top tier nationally, making it one of the best states for economists seeking high pay. At $152,680 per year, economists in New York earn $38,740 more than the national median of $113,940.
It's worth noting that New York's cost of living is 122% of the national average, which reduces the real purchasing power of the $152,680 salary. After adjusting for cost of living, the effective salary is closer to $125,148.
The salary spread in New York is significant: economists at the 10th percentile earn $83,080, while those at the 90th percentile bring home $265,320 — a $182,240 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in New York for this role is New York City, where the median reaches $226,741.
Nationally, economist employment is projected to grow 6% over the next decade (faster than average). This steady growth indicates stable demand for economists across the country.
Economist Salary in New York by Experience
In New York, an entry-level economist earns around $87,100, while experienced professionals earn up to $247,900 per year. The cost of living index in New York is 122% of the national average.
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View Offers You Qualify For →Salary Percentiles in New York
| Percentile | NY Salary |
|---|---|
| 10th Percentile | $83,080 |
| 25th Percentile | $109,880 |
| Median (50th) | $152,680 |
| 75th Percentile | $207,700 |
| 90th Percentile | $265,320 |
Economist Salary by City in New York
The largest employment areas for economists in New York include New York City, Buffalo, Rochester, and Yonkers. Salaries vary by city based on local cost of living and demand.
How to Become a Economist in New York
Education
Most economist positions require a master's degree. New York has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in New York
Nationally, economist employment is projected to grow 6% over the next decade (faster than average). New York's demand may vary based on local industry trends.
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Data shows Economists who negotiate earn 7–15% more. A single negotiation could add $95,220 over your career trajectory.
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