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Economist Salary in Fort Lauderdale, FL

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

Median Salary
$104,960
per year in Fort Lauderdale
Entry Level
$62,199
Starting salary
Senior Level
$143,834
Experienced professionals
Cost of Living
128
28% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$62,199$104,960$143,834
Monthly$5,183$8,747$11,986
Biweekly$2,392$4,037$5,532
Weekly$1,196$2,018$2,766
Hourly$30$50$69

Fort Lauderdale vs National Average

How Fort Lauderdale's economist salaries compare to national figures.

Fort Lauderdale Salary
$104,960
COL Index: 128
National Average
$91,970
COL Index: 100
Difference
+$12,990
Higher in Fort Lauderdale

Cost of Living in Fort Lauderdale

1-Bedroom Rent
$1,900
per month
Median Income
$56,210
per year
Population
182,760
residents
Rent % of Income
40.6%
median household
Cost of Living Index: 128 — A score of 100 represents the U.S. average. Salaries in Fort Lauderdale 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
+61%
Los Angeles, CA
$118,190
+13%
Chicago, IL
$123,140
+17%
Houston, TX
$131,160
+25%
Phoenix, AZ
$104,010
-1%

Financial Tools to Explore

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Economist Salary in Fort Lauderdale, FL — Complete Guide

Median Salary Overview

The median salary for a economist in Fort Lauderdale, FL is $104,960 per year, adjusted for the local cost of living index of 128. This figure reflects typical earnings for experienced professionals in this role, considering Fort Lauderdale's unique economic conditions.

Salary Range and Experience Levels

Entry-level economist professionals in Fort Lauderdale can expect to earn around $62,199 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $143,834 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Fort Lauderdale's cost of living index of 128 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Fort Lauderdale 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 Fort Lauderdale typically goes toward housing. With a 1-bedroom apartment averaging $1,900 per month, housing represents about 21.7% 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 Fort Lauderdale, 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.