Business & Finance Pennsylvania (PA) Rank #18 of 50

Economist Salary in Pennsylvania

The median economist salary in Pennsylvania is $113,940 per year, which is 0.0% above the national median of $113,940.

Median Salary
$113,940
vs National
+$0
State Rank
#18 of 50
Cost of Living
96%

Economist Salary Overview in Pennsylvania (2026)

Pennsylvania ranks #18 out of 50 states for economist compensation. Pennsylvania falls in the middle of the pack for economist pay, offering salaries near the national average. At $113,940 per year, economists in Pennsylvania earn $0 more than the national median of $113,940.

Pennsylvania's cost of living is near the national average at 96%, meaning economist salaries here translate closely to their face value in purchasing power.

The salary spread in Pennsylvania is significant: economists at the 10th percentile earn $62,000, while those at the 90th percentile bring home $198,000 — a $136,000 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Pennsylvania for this role is Philadelphia, where the median reaches $120,776.

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 Pennsylvania by Experience

In Pennsylvania, an entry-level economist earns around $65,000, while experienced professionals earn up to $185,000 per year. The cost of living index in Pennsylvania is 96% of the national average.

Entry Level (0-2 yrs)
$65,000
+$0 vs national
Mid Level (3-7 yrs)
$115,000
+$0 vs national
Senior Level (8+ yrs)
$185,000
+$0 vs national

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Salary Percentiles in Pennsylvania

Percentile PA Salary
10th Percentile $62,000
25th Percentile $82,000
Median (50th) $113,940
75th Percentile $155,000
90th Percentile $198,000

Economist Salary by City in Pennsylvania

The largest employment areas for economists in Pennsylvania include Philadelphia, Pittsburgh, Allentown, and Reading. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in Pennsylvania

Education

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

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Pennsylvania

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

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Frequently Asked Questions: Economist Salary in Pennsylvania

How much does a Economist make in Pennsylvania? ▼
The median economist salary in Pennsylvania is $113,940 per year, which is 0.0% above the national median of $113,940. Salaries range from $62,000 (10th percentile) to $198,000 (90th percentile).
How much does a Economist make per hour in Pennsylvania? ▼
Based on the median annual salary of $113,940, a economist in Pennsylvania earns approximately $55 per hour assuming a standard 2,080-hour work year.
Is Pennsylvania a good state for economists? ▼
Pennsylvania ranks #18 out of 50 states for economist pay. The cost of living index is 96% of the national average. Entry-level economists earn $65,000, while senior professionals earn $185,000.
How does Pennsylvania compare to other states for economist salary? ▼
The highest paying state for economists is Hawaii at $193,698. Pennsylvania's median of $113,940 ranks #18 nationally. Nearby-ranked states include Illinois ($115,079) and Vermont ($115,079).
What is the entry-level economist salary in Pennsylvania? ▼
An entry-level economist in Pennsylvania earns approximately $65,000 per year. With 3-7 years of experience, pay increases to around $115,000. Senior-level professionals with 8+ years earn up to $185,000.
What city in Pennsylvania pays economists the most? ▼
Philadelphia is the highest paying city in Pennsylvania for economists, with a median salary of $120,776. Other cities include Pittsburgh and Allentown.