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Economist Salary in Charlotte, NC

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

Median Salary
$100,610
per year in Charlotte
Entry Level
$59,621
Starting salary
Senior Level
$137,873
Experienced professionals
Cost of Living
108
8% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$59,621$100,610$137,873
Monthly$4,968$8,384$11,489
Biweekly$2,293$3,870$5,303
Weekly$1,147$1,935$2,651
Hourly$29$48$66

Charlotte vs National Average

How Charlotte's economist salaries compare to national figures.

Charlotte Salary
$100,610
COL Index: 108
National Average
$91,970
COL Index: 100
Difference
+$8,640
Higher in Charlotte

Cost of Living in Charlotte

1-Bedroom Rent
$1,500
per month
Median Income
$61,340
per year
Population
885,708
residents
Rent % of Income
29.3%
median household
Cost of Living Index: 108 — A score of 100 represents the U.S. average. Salaries in Charlotte 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
+68%
Los Angeles, CA
$118,190
+17%
Chicago, IL
$123,140
+22%
Houston, TX
$131,160
+30%
Phoenix, AZ
$104,010
+3%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a economist salary in Charlotte.

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Cost of Living Calculator

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Rent vs Buy Calculator

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Economist Salary in Charlotte, NC — Complete Guide

Median Salary Overview

The median salary for a economist in Charlotte, NC is $100,610 per year, adjusted for the local cost of living index of 108. This figure reflects typical earnings for experienced professionals in this role, considering Charlotte's unique economic conditions.

Salary Range and Experience Levels

Entry-level economist professionals in Charlotte can expect to earn around $59,621 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $137,873 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Charlotte's cost of living index of 108 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Charlotte 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 Charlotte typically goes toward housing. With a 1-bedroom apartment averaging $1,500 per month, housing represents about 17.9% 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 Charlotte, 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.