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Economists Salary in Maryland
Last updated: 2025 BLS data · Page refreshed:
How much do Economists make in Maryland?
Last updated: 2025 data from the Bureau of Labor Statistics
$144,680
Median Annual Salary
▲
+5.1% vs 2024
$146,600
Mean Salary
$144,680
Median Salary
$69.56
Hourly Rate
1,130 people work as Economists in Maryland
Economists salary by percentile in Maryland
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Economists in Maryland earn a median salary of $144,680 per year ($12,056/month).
This is 30.0% above the national average of $111,296.
Maryland ranks #4 out of 40 states for Economists pay.
Approximately 1,130 people work in this occupation across Maryland.
Salaries increased by 5.1% compared to 2024.
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)
Salaries for Economists in Maryland range from $93,710 at the 10th percentile (entry level) to $195,190 at the 90th percentile (experienced). The middle 50% earn between $118,460 and $178,780.
The median annual salary for Economists in Maryland is $144,680 as of 2025. The average (mean) salary is $146,600.
What is the salary range for a Economists in Maryland?
Salaries for Economists in Maryland range from $93,710 at the 10th percentile to $195,190 at the 90th percentile. The middle 50% earn between $118,460 and $178,780.
What is the starting salary for a Economists in Maryland?
Entry-level Economists positions in Maryland typically start around $93,710 (10th percentile). With some experience, salaries rise to $118,460 (25th percentile).
How many people work as Economists in Maryland?
According to 2025 BLS data, approximately 1,130 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 $69.56 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 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.
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