SOC 19-3011 · Massachusetts · BLS OEWS May 2024
The median salary for Economists in Massachusetts is $137,374 per year ($66.05/hr). This is 19% higher than the national median of $115,440. The middle 50% earn between $97,894 and $197,570 annually. Top earners at the 90th percentile reach $253,139.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $35.66 | $74,182 | +19.0% |
| P25 | $47.06 | $97,894 | +19.0% |
| P50MEDIAN | $66.05 | $137,374 | +19.0% |
| P75 | $94.99 | $197,570 | +19.0% |
| P90 | $121.70 | $253,139 | +19.0% |
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 Massachusetts is approximately $137,374, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 19% higher than the national median of $115,440.
Entry-level Economists (10th percentile) in Massachusetts earn approximately $74,182 per year. The 25th percentile is $97,894. Top earners (90th percentile) reach $253,139.
Massachusetts pays 19% higher than the national average. The national P50 is $115,440 vs $137,374 in Massachusetts. Based on BLS national data adjusted for regional cost factors.
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