Business & Finance Durham, NC Pop. 283,506

Economist Salary in Durham, North Carolina

The median economist salary in Durham, NC is $111,661 per year, which is 2% below the national median and 3.2% above the North Carolina state average.

City Median
$111,661
vs State Avg
+$3,418
vs National
$-2,279
Cost of Living
95%

Economist Pay in Durham: What to Expect (2026)

Durham offers a median economist salary of $111,661, which is $3,418 above the North Carolina state average of $108,243. Compared to the national median of $113,940, Durham pays below the national benchmark for this role.

Durham's cost of living is 95% 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 Durham spans from $60,760 at the 10th percentile to $194,040 at the 90th percentile — a $133,280 spread. Entry-level professionals start around $63,700, while senior economists with 8+ years of experience can earn up to $181,300. With a population of 283,506, Durham is a mid-sized metro with a growing job market.

Economist Salary in Durham by Experience

In Durham, an entry-level economist earns around $63,700, while experienced professionals earn up to $181,300 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$63,700
$-1,300 vs national
Mid Level (3-7 yrs)
$112,700
$-2,300 vs national
Senior Level (8+ yrs)
$181,300
$-3,700 vs national

Salary Percentiles in Durham, NC

Percentile Durham
10th Percentile $60,760
25th Percentile $80,360
Median (50th) $111,661
75th Percentile $151,900
90th Percentile $194,040

Economist Salary in Other North Carolina Cities

How to Become a Economist in Durham

Education

Most economist positions require a master's degree. Durham and the surrounding North Carolina 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 Durham may vary based on local industry and population growth.

Find Economist Jobs in Durham

Browse open economist positions in Durham, NC:

Frequently Asked Questions: Economist Salary in Durham

How much does a Economist make in Durham, NC? ▼
The median economist salary in Durham, North Carolina is $111,661 per year, which is 2% below the national median of $113,940. Salaries range from $60,760 (10th percentile) to $194,040 (90th percentile).
How much does a Economist make per hour in Durham? ▼
Based on the median annual salary of $111,661, a economist in Durham earns approximately $54 per hour assuming a standard 2,080-hour work year.
How does Durham compare to the North Carolina state average for economist pay? ▼
Durham's median economist salary of $111,661 is 3.2% above the North Carolina state average of $108,243. The local cost of living index is 95% of the national average.
What is the cost of living in Durham, NC? ▼
Durham has a cost of living index of 95% compared to the national average. This means a economist salary of $111,661 in Durham has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Durham? ▼
Most economist positions in Durham require a master's degree. Key skills include Econometrics, Statistical Analysis, R/Python, Economic Modeling. The job market is projected to grow 6% nationally over the next decade.