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Economists Salary in Maryland

How much does a Economists make in Maryland?

Last updated: 2024 data from the Bureau of Labor Statistics

$137,610
Median Annual Salary
$138,830
Mean Salary
$137,610
Median Salary
$66.16
Hourly Rate
920 people work as Economists in Maryland

About This Job: Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

Top Skills

Reading Comprehension
4.12
Writing
4.12
Mathematics
4.12
Critical Thinking
4.12
Active Listening
4.0

Key Knowledge Areas

Mathematics
4.67
Economics and Accounting
4.5
English Language
4.3
Computers and Electronics
3.7
Education and Training
3.19
Typical Education: Doctoral Degree (60.9% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Economists in Maryland

Salaries for Economists in Maryland range from $80,970 at the 10th percentile (entry level) to $191,880 at the 90th percentile (experienced). The middle 50% earn between $105,810 and $175,070.

Median $137,610
P10: $80,970 P25: $105,810 P75: $175,070 P90: $191,880
10th
$80,970
25th
$105,810
Median
$137,610
75th
$175,070
90th
$191,880
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $80,970 $38.93 $6,747
25th Percentile $105,810 $50.87 $8,817
Median (50th) $137,610 $66.16 $11,467
75th Percentile $175,070 $84.17 $14,589
90th Percentile (Experienced) $191,880 $92.25 $15,990

Note: The mean (average) salary of $138,830 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Economists salary in Maryland adjusted for cost of living →

Economists Salary by State

Compare Economists pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Economists make in Maryland?
The median annual salary for a Economists in Maryland is $137,610 as of 2024. The average (mean) salary is $138,830.
What is the salary range for a Economists in Maryland?
Salaries for Economists in Maryland range from $80,970 at the 10th percentile to $191,880 at the 90th percentile. The middle 50%% earn between $105,810 and $175,070.
What is the starting salary for a Economists in Maryland?
Entry-level Economists positions in Maryland typically start around $80,970 (10th percentile). With some experience, salaries rise to $105,810 (25th percentile).
How many people work as Economists in Maryland?
According to 2024 BLS data, approximately 920 people are employed as Economists in Maryland.
What is the hourly rate for a Economists in Maryland?
Based on a standard 2,080-hour work year, the median hourly rate for a Economists in Maryland is approximately $66.16 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS