Economists Salary in Baltimore, MD

BLS Occupational Employment & Wage Statistics • May 2025 • Baltimore-Columbia-Towson, MD

Median annual salary $125,630 +8.8% vs national
Median hourly $60.40
10th percentile $71,690
90th percentile $181,210
Employed locally 200
National median $115,440

Compare Economists salary & buying power

Type a city below to see how Baltimore, MD stacks up on salary and cost of living.

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Economists
in
Baltimore, MD
vs

    Salary percentile breakdown

    10th
    $71,690
    25th
    $91,880
    50th (median)
    $125,630
    75th
    $153,340
    90th
    $181,210

    Baltimore economic context

    Unemployment rate 3.10% 2024 annual avg • BLS LAUS
    Median household income $97,300 2023 • Census ACS
    Economists salary vs area income 129% Median Economists salary is 29% above the area median household income

    Top-paying metros for Economists

    Metro areaMedian salary
    New York-Newark-Jersey City, NY-NJ $168,850
    District of Columbia $162,610
    Washington-Arlington-Alexandria, DC-VA-MD-WV $157,980
    Virginia $148,010
    New York $142,300
    Maryland $137,610

    Nearby metros — Economists salary comparison

    Metro areaMedian salary
    Washington-Arlington-Alexandria, DC-VA-MD-WV $157,980
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $121,820

    Related occupations in Baltimore, MD

    OccupationMedian salary
    Biological Technicians $49,110
    Medical Scientists, Except Epidemiologists $94,040
    Life, Physical, and Social Science Technicians, All Other $60,130
    Occupational Health and Safety Specialists $78,220
    Social Scientists and Related Workers, All Other $125,820
    Environmental Scientists and Specialists, Including Health $82,100

    Frequently asked questions

    How much do Economists make per hour in Baltimore?

    The median hourly wage for Economists in Baltimore, MD is $60.40, based on BLS OEWS 2025 data. Top earners (90th percentile) make $93.84 or more per hour.

    Is Baltimore above or below average for Economists salaries?

    The median Economists salary in Baltimore, MD is 8.8% above the national median of $115,440. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Economists in Baltimore?

    Entry-level Economists (10th percentile) earn around $71,690 per year in Baltimore, MD. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $91,880.