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Economist Salary in Beaverton, OR

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

Median Salary
$116,880
per year in Beaverton
Entry Level
$69,263
Starting salary
Senior Level
$160,169
Experienced professionals
Cost of Living
122
22% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$69,263$116,880$160,169
Monthly$5,772$9,740$13,347
Biweekly$2,664$4,495$6,160
Weekly$1,332$2,248$3,080
Hourly$33$56$77

Beaverton vs National Average

How Beaverton's economist salaries compare to national figures.

Beaverton Salary
$116,880
COL Index: 122
National Average
$91,970
COL Index: 100
Difference
+$24,910
Higher in Beaverton

Cost of Living in Beaverton

1-Bedroom Rent
$1,550
per month
Median Income
$62,340
per year
Population
97,590
residents
Rent % of Income
29.8%
median household
Cost of Living Index: 122 — A score of 100 represents the U.S. average. Salaries in Beaverton 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
+44%
Los Angeles, CA
$118,190
+1%
Chicago, IL
$123,140
+5%
Houston, TX
$131,160
+12%
Phoenix, AZ
$104,010
-11%

Financial Tools to Explore

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Economist Salary in Beaverton, OR — Complete Guide

Median Salary Overview

The median salary for a economist in Beaverton, OR is $116,880 per year, adjusted for the local cost of living index of 122. This figure reflects typical earnings for experienced professionals in this role, considering Beaverton's unique economic conditions.

Salary Range and Experience Levels

Entry-level economist professionals in Beaverton can expect to earn around $69,263 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $160,169 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Beaverton's cost of living index of 122 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Beaverton 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 Beaverton typically goes toward housing. With a 1-bedroom apartment averaging $1,550 per month, housing represents about 15.9% 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 Beaverton, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. 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.