Economists Pay Range in Tennessee
Pay distribution across experience levels
- 10th Percentile — Entry Level$83,610
- 25th Percentile — Junior$96,170
- 50th Percentile — Median$117,650
- 75th Percentile — Senior$145,220
- 90th Percentile — Top Earners$162,670
Half of Economists in Tennessee earn more than $117,650. The top 10% make $162,670 or more, while entry-level workers start around $83,610.
Economists in Tennessee: Key Facts
Source: BLS OEWS May 2025
- Tennessee ranks 17th of 40 states for Economists pay, at $123,810 per year (12.9% below the U.S. average of $142,130).
- 80 people work as Economists in Tennessee — 0.4% of all U.S. Economists jobs.
- Location quotient 0.21: Economists jobs are less concentrated in Tennessee than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $83,610; the top 10% earn over $162,670.
- Hourly equivalent: $59.52 per hour (2,080 hours/year).
- The highest-paying state is District of Columbia at $175,100.
- Among science jobs in Tennessee, Physicists pays the most ($171,070).
Economists Job Market in Tennessee
Key factors affecting compensation
Tennessee's key industries are Healthcare, Manufacturing, Tourism, and its job market is rated strong. Economists here earn $123,810 on average, placing the state 17th nationally.
With a cost-of-living index of 0.88 (U.S. = 1.00), a Tennessee salary of $123,810 is roughly equivalent to $140,693 at the national average cost of living.
Compared with nearby states in the pay ranking, Ohio ($132,380), Georgia ($131,680), Alabama ($127,060) 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 Tennessee
Related career salary benchmarks
- Physicists $171,070/yr Tennessee +38.2% vs this role
- Biochemists and Biophysicists $150,580/yr Tennessee +21.6% vs this role
- Medical Scientists $108,390/yr Tennessee 12.5% vs this role
- Atmospheric and Space Scientists $104,300/yr Tennessee 15.8% vs this role
- Chemists $88,400/yr Tennessee 28.6% vs this role
- Microbiologists $87,520/yr Tennessee 29.3% vs this role
- Food Scientists and Technologists $84,820/yr Tennessee 31.5% vs this role
- Environmental Scientists and Specialists $84,680/yr Tennessee 31.6% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Economists salary in Tennessee?
The average Economists salary in Tennessee is $123,810 per year (median $117,650), which is 12.9% below the national average of $142,130.
How does Tennessee rank for Economists pay?
Tennessee ranks 17th out of 40 states. The highest-paying state is District of Columbia ($175,100/yr).
How much do entry-level Economists make in Tennessee?
The lowest-paid 10% of Economists in Tennessee earn about $83,610 per year and the 25th percentile is $96,170.
How much do Economists make per hour in Tennessee?
About $59.52 per hour, based on the $123,810 annual average and 2,080 working hours per year.
How many Economists work in Tennessee?
BLS counts 80 Economists jobs in Tennessee (OEWS May 2025).
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