Economists Pay Range in Massachusetts
Pay distribution across experience levels
- 10th Percentile — Entry Level$74,080
- 25th Percentile — Junior$91,690
- 50th Percentile — Median$106,380
- 75th Percentile — Senior$155,130
- 90th Percentile — Top Earners$222,610
Half of Economists in Massachusetts earn more than $106,380. The top 10% make $222,610 or more, while entry-level workers start around $74,080.
Economists in Massachusetts: Key Facts
Source: BLS OEWS May 2025
- Massachusetts ranks 12th of 40 states for Economists pay, at $133,270 per year (6.2% below the U.S. average of $142,130).
- 1,030 people work as Economists in Massachusetts — 5.8% of all U.S. Economists jobs.
- Location quotient 2.48: Economists jobs are more concentrated in Massachusetts than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $74,080; the top 10% earn over $222,610.
- Hourly equivalent: $64.07 per hour (2,080 hours/year).
- The highest-paying state is District of Columbia at $175,100.
- Among science jobs in Massachusetts, Biochemists and Biophysicists pays the most ($139,290).
Economists Job Market in Massachusetts
Key factors affecting compensation
Massachusetts's key industries are Healthcare, Education, Technology, and its job market is rated very strong. Economists here earn $133,270 on average, placing the state 12th nationally.
With a cost-of-living index of 1.3 (U.S. = 1.00), a Massachusetts salary of $133,270 is roughly equivalent to $102,515 at the national average cost of living.
Compared with nearby states in the pay ranking, North Carolina ($136,220), Texas ($135,080), Missouri ($134,000) 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 Massachusetts
Related career salary benchmarks
- Biochemists and Biophysicists $139,290/yr Massachusetts +4.5% vs this role
- Geoscientists $133,880/yr Massachusetts +0.5% vs this role
- Medical Scientists $133,550/yr Massachusetts +0.2% vs this role
- Materials Scientists $133,360/yr Massachusetts +0.1% vs this role
- Physicists $130,250/yr Massachusetts 2.3% vs this role
- Chemists $128,930/yr Massachusetts 3.3% vs this role
- Sociologists $123,460/yr Massachusetts 7.4% vs this role
- Hydrologists $119,710/yr Massachusetts 10.2% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Economists salary in Massachusetts?
The average Economists salary in Massachusetts is $133,270 per year (median $106,380), which is 6.2% below the national average of $142,130.
How does Massachusetts rank for Economists pay?
Massachusetts ranks 12th out of 40 states. The highest-paying state is District of Columbia ($175,100/yr).
How much do entry-level Economists make in Massachusetts?
The lowest-paid 10% of Economists in Massachusetts earn about $74,080 per year and the 25th percentile is $91,690.
How much do Economists make per hour in Massachusetts?
About $64.07 per hour, based on the $133,270 annual average and 2,080 working hours per year.
How many Economists work in Massachusetts?
BLS counts 1,030 Economists jobs in Massachusetts (OEWS May 2025).
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