Business & Finance Ohio (OH) Rank #38 of 50

Economist Salary in Ohio

The median economist salary in Ohio is $102,546 per year, which is 10% below the national median of $113,940.

Median Salary
$102,546
vs National
$-11,394
State Rank
#38 of 50
Cost of Living
90%

Economist Salary Overview in Ohio (2026)

Ohio ranks #38 out of 50 states for economist compensation. Economist salaries in Ohio are below the national median, though the lower cost of living can offset the difference. At $102,546 per year, economists in Ohio earn $11,394 less than the national median of $113,940.

A key advantage of working in Ohio is its below-average cost of living (90% of the national index). This means the $102,546 salary has the purchasing power of roughly $113,940 in an average-cost area.

The salary spread in Ohio is significant: economists at the 10th percentile earn $55,800, while those at the 90th percentile bring home $178,200 — a $122,400 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Ohio for this role is Columbus, where the median reaches $108,243.

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 Ohio by Experience

In Ohio, an entry-level economist earns around $58,500, while experienced professionals earn up to $166,500 per year. The cost of living index in Ohio is 90% of the national average.

Entry Level (0-2 yrs)
$58,500
$-6,500 vs national
Mid Level (3-7 yrs)
$103,500
$-11,500 vs national
Senior Level (8+ yrs)
$166,500
$-18,500 vs national

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Salary Percentiles in Ohio

Percentile OH Salary
10th Percentile $55,800
25th Percentile $73,800
Median (50th) $102,546
75th Percentile $139,500
90th Percentile $178,200

Economist Salary by City in Ohio

The largest employment areas for economists in Ohio include Columbus, Cleveland, Cincinnati, and Toledo. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in Ohio

Education

Most economist positions require a master's degree. Ohio has several accredited institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Ohio

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Ohio's demand may vary based on local industry trends.

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Frequently Asked Questions: Economist Salary in Ohio

How much does a Economist make in Ohio? ▼
The median economist salary in Ohio is $102,546 per year, which is 10% below the national median of $113,940. Salaries range from $55,800 (10th percentile) to $178,200 (90th percentile).
How much does a Economist make per hour in Ohio? ▼
Based on the median annual salary of $102,546, a economist in Ohio earns approximately $49 per hour assuming a standard 2,080-hour work year.
Is Ohio a good state for economists? ▼
Ohio ranks #38 out of 50 states for economist pay. The cost of living index is 90% of the national average. Entry-level economists earn $58,500, while senior professionals earn $166,500.
How does Ohio compare to other states for economist salary? ▼
The highest paying state for economists is Hawaii at $193,698. Ohio's median of $102,546 ranks #38 nationally. Nearby-ranked states include Michigan ($102,546) and North Dakota ($102,546).
What is the entry-level economist salary in Ohio? ▼
An entry-level economist in Ohio earns approximately $58,500 per year. With 3-7 years of experience, pay increases to around $103,500. Senior-level professionals with 8+ years earn up to $166,500.
What city in Ohio pays economists the most? ▼
Columbus is the highest paying city in Ohio for economists, with a median salary of $108,243. Other cities include Cleveland and Cincinnati.