BLS Official Data · OEWS May 2025

Economists in Florida

$113,290 / year · average (mean) annual wage
$54.47 per hour

▼ 20.3% below U.S. average25th of 40 states

Source: U.S. Bureau of Labor Statistics Dataset: OEWS May 2025 Published: May 2026 Coverage: All 50 States + DC
Average$113,290per year
Median$102,430per year
Hourly$54.47per hour
10th – 90th percentile$65,850 – $174,900per year

Economists Pay Range in Florida

Pay distribution across experience levels

  • 10th Percentile — Entry Level$65,850
  • 25th Percentile — Junior$72,880
  • 50th Percentile — Median$102,430
  • 75th Percentile — Senior$134,180
  • 90th Percentile — Top Earners$174,900

Half of Economists in Florida earn more than $102,430. The top 10% make $174,900 or more, while entry-level workers start around $65,850.

Economists in Florida: Key Facts

Source: BLS OEWS May 2025

  • Florida ranks 25th of 40 states for Economists pay, at $113,290 per year (20.3% below the U.S. average of $142,130).
  • 500 people work as Economists in Florida — 2.8% of all U.S. Economists jobs.
  • Location quotient 0.44: Economists jobs are less concentrated in Florida than in the U.S. overall.
  • Pay range: the lowest-paid 10% earn under $65,850; the top 10% earn over $174,900.
  • Hourly equivalent: $54.47 per hour (2,080 hours/year).
  • The highest-paying state is District of Columbia at $175,100.
  • Among science jobs in Florida, Physicists pays the most ($219,910).

Economists Job Market in Florida

Key factors affecting compensation

Florida's key industries are Tourism, Healthcare, Real Estate, and its job market is rated strong. Economists here earn $113,290 on average, placing the state 25th nationally.

With a cost-of-living index of 0.98 (U.S. = 1.00), a Florida salary of $113,290 is roughly equivalent to $115,602 at the national average cost of living.

Compared with nearby states in the pay ranking, Michigan ($117,980), Minnesota ($117,980), Pennsylvania ($117,370) are the closest alternatives for Economists weighing a move.

U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025

Related career salary benchmarks

Frequently Asked Questions

Common questions about this salary

What is the average Economists salary in Florida?

The average Economists salary in Florida is $113,290 per year (median $102,430), which is 20.3% below the national average of $142,130.

How does Florida rank for Economists pay?

Florida ranks 25th out of 40 states. The highest-paying state is District of Columbia ($175,100/yr).

How much do entry-level Economists make in Florida?

The lowest-paid 10% of Economists in Florida earn about $65,850 per year and the 25th percentile is $72,880.

How much do Economists make per hour in Florida?

About $54.47 per hour, based on the $113,290 annual average and 2,080 working hours per year.

How many Economists work in Florida?

BLS counts 500 Economists jobs in Florida (OEWS May 2025).

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