Economist Salary in Bryn Mawr, PA
How much does a economist make in Bryn Mawr? Explore median, entry-level, and senior salaries adjusted for Bryn Mawr's cost of living.
Salary Breakdown by Experience Level
See how economist salaries break down across different pay periods in Bryn Mawr.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $64,720 | $109,214 | $149,664 |
| Monthly | $5,393 | $9,101 | $12,472 |
| Biweekly | $2,489 | $4,201 | $5,756 |
| Weekly | $1,245 | $2,100 | $2,878 |
| Hourly | $31 | $53 | $72 |
Bryn Mawr vs National Average
How Bryn Mawr's economist salaries compare to national figures.
Cost of Living in Bryn Mawr
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
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Economist Salary in Bryn Mawr, PA — Complete Guide
Median Salary Overview
The median salary for a economist in Bryn Mawr, PA is $109,214 per year, adjusted for the local cost of living index of 125. This figure reflects typical earnings for experienced professionals in this role, considering Bryn Mawr's unique economic conditions.
Salary Range and Experience Levels
Entry-level economist professionals in Bryn Mawr can expect to earn around $64,720 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $149,664 per year. This represents a 131% increase from entry to senior level.
Cost of Living Adjustment
Bryn Mawr's cost of living index of 125 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Bryn Mawr 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 Bryn Mawr typically goes toward housing. With a 1-bedroom apartment averaging $1,600 per month, housing represents about 17.6% 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 Bryn Mawr, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.