Business & Finance Albany, NY
Pop. 99,224
Economist Salary in Albany, New York
The median economist salary in Albany, NY is $125,334 per year, which is 10.0% above the national median and 17.9% below the New York state average.
City Median
$125,334
vs State Avg
$-27,346
vs National
+$11,394
Cost of Living
98%
Economist Salary in Albany by Experience
In Albany, an entry-level economist earns around $71,500, while experienced professionals earn up to $203,500 per year. The local cost of living index is 98% of the national average.
Entry Level (0-2 yrs)
$71,500
+$6,500 vs national
Mid Level (3-7 yrs)
$126,500
+$11,500 vs national
Senior Level (8+ yrs)
$203,500
+$18,500 vs national
Salary Percentiles in Albany, NY
| Percentile | Albany |
|---|---|
| 10th Percentile | $68,200 |
| 25th Percentile | $90,200 |
| Median (50th) | $125,334 |
| 75th Percentile | $170,500 |
| 90th Percentile | $217,800 |
Economist Salary in Other New York Cities
How to Become a Economist in Albany
Education
Most economist positions require a master's degree. Albany and the surrounding New York 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 Albany may vary based on local industry and population growth.