Business & Finance Memphis, TN
Pop. 633,104
Economist Salary in Memphis, Tennessee
The median economist salary in Memphis, TN is $97,988 per year, which is 14% below the national median and 3.4% below the Tennessee state average.
City Median
$97,988
vs State Avg
$-3,419
vs National
$-15,952
Cost of Living
86%
Economist Salary in Memphis by Experience
In Memphis, an entry-level economist earns around $55,900, while experienced professionals earn up to $159,100 per year. The local cost of living index is 86% of the national average.
Entry Level (0-2 yrs)
$55,900
$-9,100 vs national
Mid Level (3-7 yrs)
$98,900
$-16,100 vs national
Senior Level (8+ yrs)
$159,100
$-25,900 vs national
Salary Percentiles in Memphis, TN
| Percentile | Memphis |
|---|---|
| 10th Percentile | $53,320 |
| 25th Percentile | $70,520 |
| Median (50th) | $97,988 |
| 75th Percentile | $133,300 |
| 90th Percentile | $170,280 |
Economist Salary in Other Tennessee Cities
How to Become a Economist in Memphis
Education
Most economist positions require a master's degree. Memphis and the surrounding Tennessee 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 Memphis may vary based on local industry and population growth.