Business & Finance Austin, TX Pop. 978,908

Economist Salary in Austin, Texas

The median economist salary in Austin, TX is $119,637 per year, which is 5.0% above the national median and 14.1% above the Texas state average.

City Median
$119,637
vs State Avg
+$14,812
vs National
+$5,697
Cost of Living
105%

Economist Pay in Austin: What to Expect (2026)

Austin offers a median economist salary of $119,637, which is $14,812 above the Texas state average of $104,825. Compared to the national median of $113,940, Austin pays above average for this role.

Austin's cost of living is 105% 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 Austin spans from $65,100 at the 10th percentile to $207,900 at the 90th percentile — a $142,800 spread. Entry-level professionals start around $68,250, while senior economists with 8+ years of experience can earn up to $194,250. As a major metro area with a population of 978,908, Austin typically offers more job opportunities and employer competition, which can drive salaries higher.

Economist Salary in Austin by Experience

In Austin, an entry-level economist earns around $68,250, while experienced professionals earn up to $194,250 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$68,250
+$3,250 vs national
Mid Level (3-7 yrs)
$120,750
+$5,750 vs national
Senior Level (8+ yrs)
$194,250
+$9,250 vs national

Salary Percentiles in Austin, TX

Percentile Austin
10th Percentile $65,100
25th Percentile $86,100
Median (50th) $119,637
75th Percentile $162,750
90th Percentile $207,900

Economist Salary in Other Texas Cities

How to Become a Economist in Austin

Education

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

Find Economist Jobs in Austin

Browse open economist positions in Austin, TX:

Frequently Asked Questions: Economist Salary in Austin

How much does a Economist make in Austin, TX? ▼
The median economist salary in Austin, Texas is $119,637 per year, which is 5.0% above the national median of $113,940. Salaries range from $65,100 (10th percentile) to $207,900 (90th percentile).
How much does a Economist make per hour in Austin? ▼
Based on the median annual salary of $119,637, a economist in Austin earns approximately $58 per hour assuming a standard 2,080-hour work year.
How does Austin compare to the Texas state average for economist pay? ▼
Austin's median economist salary of $119,637 is 14.1% above the Texas state average of $104,825. The local cost of living index is 105% of the national average.
What is the cost of living in Austin, TX? ▼
Austin has a cost of living index of 105% compared to the national average. This means a economist salary of $119,637 in Austin has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Austin? ▼
Most economist positions in Austin 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.