Economists Pay Range in Maryland
Pay distribution across experience levels
- 10th Percentile — Entry Level$93,710
- 25th Percentile — Junior$118,460
- 50th Percentile — Median$144,680
- 75th Percentile — Senior$178,780
- 90th Percentile — Top Earners$195,190
Half of Economists in Maryland earn more than $144,680. The top 10% make $195,190 or more, while entry-level workers start around $93,710.
Economists in Maryland: Key Facts
Source: BLS OEWS May 2025
- Maryland ranks 6th of 40 states for Economists pay, at $146,600 per year (3.1% above the U.S. average of $142,130).
- 1,130 people work as Economists in Maryland — 6.4% of all U.S. Economists jobs.
- Location quotient 3.56: Economists jobs are more concentrated in Maryland than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $93,710; the top 10% earn over $195,190.
- Hourly equivalent: $70.48 per hour (2,080 hours/year).
- The highest-paying state is District of Columbia at $175,100.
- Among science jobs in Maryland, Physicists pays the most ($166,770).
Economists Job Market in Maryland
Key factors affecting compensation
Maryland's key industries are Government, Healthcare, Technology, and its job market is rated strong. Economists here earn $146,600 on average, placing the state 6th nationally.
With a cost-of-living index of 1.15 (U.S. = 1.00), a Maryland salary of $146,600 is roughly equivalent to $127,478 at the national average cost of living.
Compared with nearby states in the pay ranking, New York ($168,580), New Jersey ($161,990), Kansas ($150,950) are the closest alternatives for Economists weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Science Jobs in Maryland
Related career salary benchmarks
- Physicists $166,770/yr Maryland +13.8% vs this role
- Hydrologists $145,970/yr Maryland 0.4% vs this role
- Chemists $139,100/yr Maryland 5.1% vs this role
- Atmospheric and Space Scientists $127,180/yr Maryland 13.2% vs this role
- Medical Scientists $115,930/yr Maryland 20.9% vs this role
- Microbiologists $114,990/yr Maryland 21.6% vs this role
- Geoscientists $114,240/yr Maryland 22.1% vs this role
- Materials Scientists $113,450/yr Maryland 22.6% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Economists salary in Maryland?
The average Economists salary in Maryland is $146,600 per year (median $144,680), which is 3.1% above the national average of $142,130.
How does Maryland rank for Economists pay?
Maryland ranks 6th out of 40 states. The highest-paying state is District of Columbia ($175,100/yr).
How much do entry-level Economists make in Maryland?
The lowest-paid 10% of Economists in Maryland earn about $93,710 per year and the 25th percentile is $118,460.
How much do Economists make per hour in Maryland?
About $70.48 per hour, based on the $146,600 annual average and 2,080 working hours per year.
How many Economists work in Maryland?
BLS counts 1,130 Economists jobs in Maryland (OEWS May 2025).
Related Salary Pages
Explore more salary data