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Economist Salary in Poughkeepsie, NY

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

Median Salary
$120,711
per year in Poughkeepsie
Entry Level
$71,533
Starting salary
Senior Level
$165,418
Experienced professionals
Cost of Living
105
5% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$71,533$120,711$165,418
Monthly$5,961$10,059$13,785
Biweekly$2,751$4,643$6,362
Weekly$1,376$2,321$3,181
Hourly$34$58$80

Poughkeepsie vs National Average

How Poughkeepsie's economist salaries compare to national figures.

Poughkeepsie Salary
$120,711
COL Index: 105
National Average
$91,970
COL Index: 100
Difference
+$28,741
Higher in Poughkeepsie

Cost of Living in Poughkeepsie

1-Bedroom Rent
$1,200
per month
Median Income
$42,234
per year
Population
32,736
residents
Rent % of Income
34.1%
median household
Cost of Living Index: 105 — A score of 100 represents the U.S. average. Salaries in Poughkeepsie 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
+40%
Los Angeles, CA
$118,190
-2%
Chicago, IL
$123,140
+2%
Houston, TX
$131,160
+9%
Phoenix, AZ
$104,010
-14%

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Economist Salary in Poughkeepsie, NY — Complete Guide

Median Salary Overview

The median salary for a economist in Poughkeepsie, NY is $120,711 per year, adjusted for the local cost of living index of 105. This figure reflects typical earnings for experienced professionals in this role, considering Poughkeepsie's unique economic conditions.

Salary Range and Experience Levels

Entry-level economist professionals in Poughkeepsie can expect to earn around $71,533 annually. As professionals gain experience, salaries typically increase, with senior-level economists earning approximately $165,418 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

Poughkeepsie's cost of living index of 105 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Poughkeepsie 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 Poughkeepsie typically goes toward housing. With a 1-bedroom apartment averaging $1,200 per month, housing represents about 11.9% 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 Poughkeepsie, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. 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.