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Economist Salary in Black Mountain, NC

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

Median Salary
$82,552
per year in Black Mountain
Entry Level
$48,920
Starting salary
Senior Level
$113,127
Experienced professionals
Cost of Living
102
2% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$48,920$82,552$113,127
Monthly$4,077$6,879$9,427
Biweekly$1,882$3,175$4,351
Weekly$941$1,588$2,176
Hourly$24$40$54

Black Mountain vs National Average

How Black Mountain's economist salaries compare to national figures.

Black Mountain Salary
$82,552
COL Index: 102
National Average
$91,970
COL Index: 100
Difference
-$9,418
Lower in Black Mountain

Cost of Living in Black Mountain

1-Bedroom Rent
$1,200
per month
Median Income
$48,234
per year
Population
8,620
residents
Rent % of Income
29.9%
median household
Cost of Living Index: 102 — A score of 100 represents the U.S. average. Salaries in Black Mountain 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
+105%
Los Angeles, CA
$118,190
+43%
Chicago, IL
$123,140
+49%
Houston, TX
$131,160
+59%
Phoenix, AZ
$104,010
+26%

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Economist Salary in Black Mountain, NC — Complete Guide

Median Salary Overview

The median salary for a economist in Black Mountain, NC is $82,552 per year, adjusted for the local cost of living index of 102. This figure reflects typical earnings for experienced professionals in this role, considering Black Mountain's unique economic conditions.

Salary Range and Experience Levels

Entry-level economist professionals in Black Mountain can expect to earn around $48,920 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $113,127 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Black Mountain's cost of living index of 102 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Black Mountain 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 Black Mountain typically goes toward housing. With a 1-bedroom apartment averaging $1,200 per month, housing represents about 17.4% 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 Black Mountain, 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.