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Economist Salary in Bakersfield, CA

How much does a economist make in Bakersfield? Explore median, entry-level, and senior salaries adjusted for Bakersfield's cost of living.

Median Salary
$140,089
per year in Bakersfield
Entry Level
$83,016
Starting salary
Senior Level
$191,973
Experienced professionals
Cost of Living
119
19% above national avg

Salary Breakdown by Experience Level

See how economist salaries break down across different pay periods in Bakersfield.

PeriodEntry LevelMedianSenior
Annual$83,016$140,089$191,973
Monthly$6,918$11,674$15,998
Biweekly$3,193$5,388$7,384
Weekly$1,596$2,694$3,692
Hourly$40$67$92

Bakersfield vs National Average

How Bakersfield's economist salaries compare to national figures.

Bakersfield Salary
$140,089
COL Index: 119
National Average
$91,970
COL Index: 100
Difference
+$48,119
Higher in Bakersfield

Cost of Living in Bakersfield

1-Bedroom Rent
$1,650
per month
Median Income
$54,234
per year
Population
403,455
residents
Rent % of Income
36.5%
median household
Cost of Living Index: 119 — A score of 100 represents the U.S. average. Salaries in Bakersfield have been adjusted to account for local cost differences.

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

Economic AnalysisData InterpretationResearchPolicy Analysis

Growth Rate

Expected job growth: +17% over the next decade

Compare Cities: Economist Salary

See Economist salaries in other top cities.

New York, NY
$168,850
+21%
Los Angeles, CA
$118,190
-16%
Chicago, IL
$123,140
-12%
Houston, TX
$131,160
-6%
Phoenix, AZ
$104,010
-26%

Financial Tools to Explore

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Economist Salary in Bakersfield, CA — Complete Guide

Median Salary Overview

The median salary for a economist in Bakersfield, CA is $140,089 per year, adjusted for the local cost of living index of 119. This figure reflects typical earnings for experienced professionals in this role, considering Bakersfield's unique economic conditions.

Salary Range and Experience Levels

Entry-level economist professionals in Bakersfield can expect to earn around $83,016 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $191,973 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Bakersfield's cost of living index of 119 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Bakersfield 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 Bakersfield typically goes toward housing. With a 1-bedroom apartment averaging $1,650 per month, housing represents about 14.1% 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 Bakersfield, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.