Economists: Entry-Level vs Senior Salary in Maryland (2024)

How does Economists salary grow from entry-level to senior in Maryland? State salary progression based on 2024 BLS data.

128% career growth potential

Data: BLS OEWS 2024 • Maryland salary data • Updated 2026-04-06

Entry-Level (P10)
$80,640
$6,720/mo
Mid-Career (Median)
$134,410
$11,201/mo
Senior (P90)
$183,500
$15,292/mo

Maryland vs National Average

Entry-Level (P10)
$80,640
National: $61,974
+30.1%
Mid-Career (Median)
$134,410
National: $98,241
+36.8%
Senior (P90)
$183,500
National: $153,004
+19.9%

Salary Progression: Entry-Level to Senior

The salary range for Economists in Maryland spans from $80,640 at entry-level to $183,500 at senior level — a difference of $102,860 per year.

P10
$80K
P25
$109K
Median
$134K
P75
$170K
P90
$183K

Career Growth Premium: +128%

Senior Economistss in Maryland earn $102,860 more per year than entry-level professionals.

Annual Difference
+$102,860
Monthly Difference
+$8,572
Hourly Difference
+$49.45
Growth Multiple
2.3x

Detailed Salary Breakdown by Experience Level

Complete percentile breakdown showing how Economists salary increases with experience in Maryland, from entry-level (10th percentile) to senior (90th percentile).

Experience Level Percentile Annual Salary Monthly Hourly
Entry-Level P10 $80,640 $6,720 $38.77
Early Career P25 $109,180 $9,098 $52.49
Mid-Career Median $134,410 $11,201 $64.62
Experienced P75 $170,360 $14,197 $81.90
Senior / Expert P90 $183,500 $15,292 $88.22
Key Insight

Economists in Maryland shows strong salary progression over a career. Entry-level professionals start around $80,640, while senior-level professionals earn $183,500 — a 128% increase. The biggest salary jump typically occurs between mid-career ($134,410) and experienced level ($170,360), suggesting that specialization and leadership responsibilities are the key drivers of higher pay.

How Maryland Compares to Other States

Where does Maryland rank for Economists senior-level salaries? Compare Maryland's P90 pay to other top-paying states.

1
$225,480
Entry: $77K
+192%
2
$225,250
Entry: $52K
+331%
3
$219,240
Entry: $71K
+208%
4
$213,320
Entry: $77K
+177%
5
$212,260
Entry: $60K
+250%
6
$201,650
Entry: $70K
+188%
7
$183,500
Entry: $80K
+128%
8
$175,860
Entry: $56K
+211%
9
$174,250
Entry: $39K
+343%
10
$173,460
Entry: $60K
+186%

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Frequently Asked Questions

What is the entry-level salary for a Economists?

Entry-level Economistss (10th percentile) earn approximately $80,640 per year, or $6,720 per month. Early-career professionals (25th percentile) earn around $109,180. Based on 2024 BLS OEWS data across all U.S. states.

How much does a senior Economists make?

Senior Economistss (90th percentile) earn approximately $183,500 per year. Experienced professionals (75th percentile) earn around $170,360. This represents a career premium of 128% over entry-level pay.

What is the salary growth potential for a Economists?

The career salary growth potential for Economistss is 128%. Entry-level professionals start at $80,640, while senior-level can earn up to $183,500 — a difference of $102,860 per year.

Which state pays the highest salary for senior Economistss?

The highest-paying state for senior Economistss is Maryland, where 90th-percentile salaries reach $183,500 per year. See the full state-by-state comparison above.

How are entry-level and senior Economists salaries determined?

We use BLS Occupational Employment and Wage Statistics (OEWS) 2024 data. The 10th percentile (P10) approximates entry-level pay — the salary that 90% of workers earn more than. The 90th percentile (P90) approximates senior/expert-level pay — only 10% of workers earn above this threshold. National averages are computed across all reporting U.S. states.

Related Salary Pages

About This Data

Salary percentile data for Maryland from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS), May 2024. P10 approximates entry-level compensation; P90 approximates senior/expert-level compensation. State averages differ from national averages due to regional variations in cost of living, demand, and workforce composition. Actual salaries vary based on employer, experience, education, certifications, and specific location within Maryland.

Our Methodology · Data Sources · Source: BLS OEWS

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