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Economist Salary in Greenville, SC

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

Median Salary
$51,300
per year in Greenville
Entry Level
$30,400
Starting salary
Senior Level
$70,300
Experienced professionals
Cost of Living
111
11% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$30,400$51,300$70,300
Monthly$2,533$4,275$5,858
Biweekly$1,169$1,973$2,704
Weekly$585$987$1,352
Hourly$15$25$34

Greenville vs National Average

How Greenville's economist salaries compare to national figures.

Greenville Salary
$51,300
COL Index: 111
National Average
$91,970
COL Index: 100
Difference
-$40,670
Lower in Greenville

Cost of Living in Greenville

1-Bedroom Rent
$1,600
per month
Median Income
$56,234
per year
Population
70,720
residents
Rent % of Income
34.1%
median household
Cost of Living Index: 111 — A score of 100 represents the U.S. average. Salaries in Greenville 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
+229%
Los Angeles, CA
$118,190
+130%
Chicago, IL
$123,140
+140%
Houston, TX
$131,160
+156%
Phoenix, AZ
$104,010
+103%

Financial Tools to Explore

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Economist Salary in Greenville, SC — Complete Guide

Median Salary Overview

The median salary for a economist in Greenville, SC is $51,300 per year, adjusted for the local cost of living index of 111. This figure reflects typical earnings for experienced professionals in this role, considering Greenville's unique economic conditions.

Salary Range and Experience Levels

Entry-level economist professionals in Greenville can expect to earn around $30,400 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $70,300 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Greenville's cost of living index of 111 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Greenville 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 Greenville typically goes toward housing. With a 1-bedroom apartment averaging $1,600 per month, housing represents about 37.4% 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 Greenville, 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.