Economist Salary in Omaha, NE
How much does a economist make in Omaha? Explore median, entry-level, and senior salaries adjusted for Omaha's cost of living.
Salary Breakdown by Experience Level
See how economist salaries break down across different pay periods in Omaha.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $42,456 | $71,645 | $98,180 |
| Monthly | $3,538 | $5,970 | $8,182 |
| Biweekly | $1,633 | $2,756 | $3,776 |
| Weekly | $816 | $1,378 | $1,888 |
| Hourly | $20 | $34 | $47 |
Omaha vs National Average
How Omaha's economist salaries compare to national figures.
Cost of Living in Omaha
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
Compare Cities: Economist Salary
See Economist salaries in other top cities.
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Economist Salary in Omaha, NE — Complete Guide
Median Salary Overview
The median salary for a economist in Omaha, NE is $71,645 per year, adjusted for the local cost of living index of 95. This figure reflects typical earnings for experienced professionals in this role, considering Omaha's unique economic conditions.
Salary Range and Experience Levels
Entry-level economist professionals in Omaha can expect to earn around $42,456 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $98,180 per year. This represents a 131% increase from entry to senior level.
Cost of Living Adjustment
Omaha's cost of living index of 95 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Omaha 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 Omaha typically goes toward housing. With a 1-bedroom apartment averaging $1,250 per month, housing represents about 20.9% 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 Omaha, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.