Business & Finance Buffalo, NY
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Economist Salary in Buffalo, New York
The median economist salary in Buffalo, NY is $118,498 per year, which is 4.0% above the national median and 22.4% below the New York state average.
City Median
$118,498
vs State Avg
$-34,182
vs National
+$4,558
Cost of Living
92%
Economist Salary in Buffalo by Experience
In Buffalo, an entry-level economist earns around $67,600, while experienced professionals earn up to $192,400 per year. The local cost of living index is 92% of the national average.
Entry Level (0-2 yrs)
$67,600
+$2,600 vs national
Mid Level (3-7 yrs)
$119,600
+$4,600 vs national
Senior Level (8+ yrs)
$192,400
+$7,400 vs national
Salary Percentiles in Buffalo, NY
| Percentile | Buffalo |
|---|---|
| 10th Percentile | $64,480 |
| 25th Percentile | $85,280 |
| Median (50th) | $118,498 |
| 75th Percentile | $161,200 |
| 90th Percentile | $205,920 |
Economist Salary in Other New York Cities
How to Become a Economist in Buffalo
Education
Most economist positions require a master's degree. Buffalo 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 Buffalo may vary based on local industry and population growth.