Business & Finance Salem, OR Pop. 175,535

Economist Salary in Salem, Oregon

The median economist salary in Salem, OR is $116,219 per year, which is 2.0% above the national median and 7.3% below the Oregon state average.

City Median
$116,219
vs State Avg
$-9,115
vs National
+$2,279
Cost of Living
102%

Economist Pay in Salem: What to Expect (2026)

Salem offers a median economist salary of $116,219, which is $9,115 below the Oregon state average of $125,334. Compared to the national median of $113,940, Salem pays above average for this role.

Salem's cost of living is 102% 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 Salem spans from $63,240 at the 10th percentile to $201,960 at the 90th percentile — a $138,720 spread. Entry-level professionals start around $66,300, while senior economists with 8+ years of experience can earn up to $188,700. With a population of 175,535, Salem is a mid-sized metro with a growing job market.

Economist Salary in Salem by Experience

In Salem, an entry-level economist earns around $66,300, while experienced professionals earn up to $188,700 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$66,300
+$1,300 vs national
Mid Level (3-7 yrs)
$117,300
+$2,300 vs national
Senior Level (8+ yrs)
$188,700
+$3,700 vs national

Salary Percentiles in Salem, OR

Percentile Salem
10th Percentile $63,240
25th Percentile $83,640
Median (50th) $116,219
75th Percentile $158,100
90th Percentile $201,960

Economist Salary in Other Oregon Cities

How to Become a Economist in Salem

Education

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

Find Economist Jobs in Salem

Browse open economist positions in Salem, OR:

Frequently Asked Questions: Economist Salary in Salem

How much does a Economist make in Salem, OR? ▼
The median economist salary in Salem, Oregon is $116,219 per year, which is 2.0% above the national median of $113,940. Salaries range from $63,240 (10th percentile) to $201,960 (90th percentile).
How much does a Economist make per hour in Salem? ▼
Based on the median annual salary of $116,219, a economist in Salem earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Salem compare to the Oregon state average for economist pay? ▼
Salem's median economist salary of $116,219 is 7.3% below the Oregon state average of $125,334. The local cost of living index is 102% of the national average.
What is the cost of living in Salem, OR? ▼
Salem has a cost of living index of 102% compared to the national average. This means a economist salary of $116,219 in Salem has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Salem? ▼
Most economist positions in Salem 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.