Economists Salary in Philadelphia, PA-NJ-DE-MD

BLS Occupational Employment & Wage Statistics • May 2025 • Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Median annual salary $121,820 +5.5% vs national
Median hourly $58.57
10th percentile $65,980
90th percentile $200,000
Employed locally 230
National median $115,440

Compare Economists salary & buying power

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Economists
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    Salary percentile breakdown

    10th
    $65,980
    25th
    $95,020
    50th (median)
    $121,820
    75th
    $143,300
    90th
    $200,000

    Philadelphia economic context

    Unemployment rate 3.80% 2024 annual avg • BLS LAUS
    Median household income $89,273 2023 • Census ACS
    Economists salary vs area income 136% Median Economists salary is 36% 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
    Houston-Pasadena-The Woodlands, TX $131,160
    Pittsburgh, PA $116,880
    Minneapolis-St. Paul-Bloomington, MN-WI $108,230
    Miami-Fort Lauderdale-West Palm Beach, FL $104,960
    Tampa-St. Petersburg-Clearwater, FL $101,270
    Harrisburg-Carlisle, PA $80,600

    Related occupations in Philadelphia, PA-NJ-DE-MD

    OccupationMedian salary
    Medical Scientists, Except Epidemiologists $100,960
    Chemists $76,620
    Biochemists and Biophysicists $110,460
    Occupational Health and Safety Specialists $85,820
    Clinical and Counseling Psychologists $106,330
    Biological Technicians $56,660

    Frequently asked questions

    How much do Economists make per hour in Philadelphia?

    The median hourly wage for Economists in Philadelphia, PA-NJ-DE-MD is $58.57, based on BLS OEWS 2025 data. Top earners (90th percentile) make $102.88 or more per hour.

    Is Philadelphia above or below average for Economists salaries?

    The median Economists salary in Philadelphia, PA-NJ-DE-MD is 5.5% 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 Philadelphia?

    Entry-level Economists (10th percentile) earn around $65,980 per year in Philadelphia, PA-NJ-DE-MD. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $95,020.