Business & Finance Philadelphia, PA
Pop. 1,603,797
Economist Salary in Philadelphia, Pennsylvania
The median economist salary in Philadelphia, PA is $120,776 per year, which is 6.0% above the national median and 6.0% above the Pennsylvania state average.
City Median
$120,776
vs State Avg
+$6,836
vs National
+$6,836
Cost of Living
102%
Economist Salary in Philadelphia by Experience
In Philadelphia, an entry-level economist earns around $68,900, while experienced professionals earn up to $196,100 per year. The local cost of living index is 102% of the national average.
Entry Level (0-2 yrs)
$68,900
+$3,900 vs national
Mid Level (3-7 yrs)
$121,900
+$6,900 vs national
Senior Level (8+ yrs)
$196,100
+$11,100 vs national
Salary Percentiles in Philadelphia, PA
| Percentile | Philadelphia |
|---|---|
| 10th Percentile | $65,720 |
| 25th Percentile | $86,920 |
| Median (50th) | $120,776 |
| 75th Percentile | $164,300 |
| 90th Percentile | $209,880 |
Economist Salary in Other Pennsylvania Cities
How to Become a Economist in Philadelphia
Education
Most economist positions require a master's degree. Philadelphia and the surrounding Pennsylvania 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 Philadelphia may vary based on local industry and population growth.