SOC 19-3011 · Boston-Cambridge, MA · BLS OEWS May 2024
The median salary for Economists in Boston-Cambridge is $144,300 per year ($69.38/hr). This is 25% higher than the national median of $115,440. The middle 50% earn between $102,830 and $207,532 annually. Top earners at the 90th percentile reach $265,902.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $37.46 | $77,922 | +25.0% |
| P25 | $49.44 | $102,830 | +25.0% |
| P50MEDIAN | $69.38 | $144,300 | +25.0% |
| P75 | $99.77 | $207,532 | +25.0% |
| P90 | $127.84 | $265,902 | +25.0% |
Professional & Business Services was the only sector with openings growth (+64K) in February. Quit rates eased to 2.6%. Active hiring continues for specialized roles, particularly at senior levels.
The median (P50) annual salary for Economists in Boston-Cambridge is approximately $144,300, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 25% higher than the national median of $115,440.
Entry-level Economists (10th percentile) in Boston-Cambridge earn approximately $77,922 per year. The 25th percentile is $102,830. Top earners (90th percentile) reach $265,902.
Boston-Cambridge pays 25% higher than the national average. The national P50 is $115,440 vs $144,300 in Boston-Cambridge. Based on BLS national data adjusted for regional cost factors.
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