Economist Salary in Dupont Circle, DC
How much does a economist make in Dupont Circle? Explore median, entry-level, and senior salaries adjusted for Dupont Circle's cost of living.
Salary Breakdown by Experience Level
See how economist salaries break down across different pay periods in Dupont Circle.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $145,681 | $245,836 | $336,886 |
| Monthly | $12,140 | $20,486 | $28,074 |
| Biweekly | $5,603 | $9,455 | $12,957 |
| Weekly | $2,802 | $4,728 | $6,479 |
| Hourly | $70 | $118 | $162 |
Dupont Circle vs National Average
How Dupont Circle's economist salaries compare to national figures.
Cost of Living in Dupont Circle
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 Dupont Circle, DC — Complete Guide
Median Salary Overview
The median salary for a economist in Dupont Circle, DC is $245,836 per year, adjusted for the local cost of living index of 198. This figure reflects typical earnings for experienced professionals in this role, considering Dupont Circle's unique economic conditions.
Salary Range and Experience Levels
Entry-level economist professionals in Dupont Circle can expect to earn around $145,681 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $336,886 per year. This represents a 131% increase from entry to senior level.
Cost of Living Adjustment
Dupont Circle's cost of living index of 198 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Dupont Circle 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 Dupont Circle typically goes toward housing. With a 1-bedroom apartment averaging $3,600 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 Dupont Circle, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.