Business & Finance Tacoma, WA Pop. 219,346

Economist Salary in Tacoma, Washington

The median economist salary in Tacoma, WA is $125,334 per year, which is 10.0% above the national median and 4.3% below the Washington state average.

City Median
$125,334
vs State Avg
$-5,697
vs National
+$11,394
Cost of Living
110%

Economist Pay in Tacoma: What to Expect (2026)

Tacoma offers a median economist salary of $125,334, which is $5,697 below the Washington state average of $131,031. Compared to the national median of $113,940, Tacoma pays above average for this role.

Tacoma's cost of living is 110% 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 Tacoma spans from $68,200 at the 10th percentile to $217,800 at the 90th percentile — a $149,600 spread. Entry-level professionals start around $71,500, while senior economists with 8+ years of experience can earn up to $203,500. With a population of 219,346, Tacoma is a mid-sized metro with a growing job market.

Economist Salary in Tacoma by Experience

In Tacoma, an entry-level economist earns around $71,500, while experienced professionals earn up to $203,500 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$71,500
+$6,500 vs national
Mid Level (3-7 yrs)
$126,500
+$11,500 vs national
Senior Level (8+ yrs)
$203,500
+$18,500 vs national

Salary Percentiles in Tacoma, WA

Percentile Tacoma
10th Percentile $68,200
25th Percentile $90,200
Median (50th) $125,334
75th Percentile $170,500
90th Percentile $217,800

Economist Salary in Other Washington Cities

How to Become a Economist in Tacoma

Education

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

Find Economist Jobs in Tacoma

Browse open economist positions in Tacoma, WA:

Frequently Asked Questions: Economist Salary in Tacoma

How much does a Economist make in Tacoma, WA? ▼
The median economist salary in Tacoma, Washington is $125,334 per year, which is 10.0% above the national median of $113,940. Salaries range from $68,200 (10th percentile) to $217,800 (90th percentile).
How much does a Economist make per hour in Tacoma? ▼
Based on the median annual salary of $125,334, a economist in Tacoma earns approximately $60 per hour assuming a standard 2,080-hour work year.
How does Tacoma compare to the Washington state average for economist pay? ▼
Tacoma's median economist salary of $125,334 is 4.3% below the Washington state average of $131,031. The local cost of living index is 110% of the national average.
What is the cost of living in Tacoma, WA? ▼
Tacoma has a cost of living index of 110% compared to the national average. This means a economist salary of $125,334 in Tacoma has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Tacoma? ▼
Most economist positions in Tacoma 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.