Economist Salary in Pompano Beach, FL
How much does a economist make in Pompano Beach? Explore median, entry-level, and senior salaries adjusted for Pompano Beach's cost of living.
Salary Breakdown by Experience Level
See how economist salaries break down across different pay periods in Pompano Beach.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $57,662 | $97,304 | $133,343 |
| Monthly | $4,805 | $8,109 | $11,112 |
| Biweekly | $2,218 | $3,742 | $5,129 |
| Weekly | $1,109 | $1,871 | $2,564 |
| Hourly | $28 | $47 | $64 |
Pompano Beach vs National Average
How Pompano Beach's economist salaries compare to national figures.
Cost of Living in Pompano Beach
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 Pompano Beach, FL — Complete Guide
Median Salary Overview
The median salary for a economist in Pompano Beach, FL is $97,304 per year, adjusted for the local cost of living index of 115. This figure reflects typical earnings for experienced professionals in this role, considering Pompano Beach's unique economic conditions.
Salary Range and Experience Levels
Entry-level economist professionals in Pompano Beach can expect to earn around $57,662 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $133,343 per year. This represents a 131% increase from entry to senior level.
Cost of Living Adjustment
Pompano Beach's cost of living index of 115 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Pompano Beach 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 Pompano Beach typically goes toward housing. With a 1-bedroom apartment averaging $1,600 per month, housing represents about 19.7% 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 Pompano Beach, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.