Economist Salary in Austin, TX
How much does a economist make in Austin? Explore median, entry-level, and senior salaries adjusted for Austin's cost of living.
Salary Breakdown by Experience Level
See how economist salaries break down across different pay periods in Austin.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $48,824 | $82,390 | $112,905 |
| Monthly | $4,069 | $6,866 | $9,409 |
| Biweekly | $1,878 | $3,169 | $4,343 |
| Weekly | $939 | $1,584 | $2,171 |
| Hourly | $23 | $40 | $54 |
Austin vs National Average
How Austin's economist salaries compare to national figures.
Cost of Living in Austin
About Economist
Overview
Research economic data and trends to inform policy and business decisions.
Education
Bachelor's degree in Economics; Master's or PhD common for research roles
Key Skills
Growth Rate
Expected job growth: +17% over the next decade
Compare Cities: Economist Salary
See Economist salaries in other top cities.
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Economist Salary in Austin, TX — Complete Guide
Median Salary Overview
The median salary for a economist in Austin, TX is $82,390 per year, adjusted for the local cost of living index of 121. This figure reflects typical earnings for experienced professionals in this role, considering Austin's unique economic conditions.
Salary Range and Experience Levels
Entry-level economist professionals in Austin can expect to earn around $48,824 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $112,905 per year. This represents a 131% increase from entry to senior level.
Cost of Living Adjustment
Austin's cost of living index of 121 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Austin are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $91,970, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a economist's salary in Austin typically goes toward housing. With a 1-bedroom apartment averaging $1,700 per month, housing represents about 24.8% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Economists are in growing demand across the United States, with an expected job growth of 17% over the next decade. In Austin, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.