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How to Become a Economists in Delaware

Economists in Delaware earn a median salary of $159,120/year, which is 28% above the national average. Delaware has a state income tax of ~5.8%. After taxes and rent, a economists takes home approximately $7,573/month. Most positions require Bachelor's degree.

$159K
Median salary in Delaware
+28%
vs. national average
5.8%
State income tax
70
Employed in Delaware

What a economists can afford in Delaware

Gross annual salary$159,120
Est. monthly take-home (after fed + 5.8% state tax)$9,188/mo
Median 2BR rent (Delaware)-$1,615/mo
Rent as % of take-home17.6% (within guideline)
Cost-of-living adjusted salary$159,120/yr (RPP: 100)
Monthly remaining after rent$7,573/mo

Becoming a economists in Delaware

1

Meet education requirements

Economists positions in Delaware typically require Bachelor's degree. Programs are available at colleges and training institutions across Delaware. Research accredited programs in your area.

2

Gain required experience

Many economists positions in Delaware require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Delaware licensure or certification

Delaware may require specific licensing or professional certification for economistss. Requirements vary by state, contact the Delaware Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Delaware

Delaware employs 70 economists.

Economists salary range in Delaware

10th percentile (entry)
$75K
25th percentile
$102K
Median (50th)
$159K
75th percentile
$167K
90th percentile (senior)
$214K
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Frequently asked questions

How much does a economists make in Delaware?

The median economists salary in Delaware is $159,120 per year ($76.5/hr). This is 28% above the national median of $124,720. Salaries range from $74,690 to $214,000.

What are the requirements to become a economists in Delaware?

Economists positions in Delaware typically require Bachelor's degree. Delaware may have specific licensing or certification requirements. Check with the Delaware licensing board or department of labor for current requirements.

Can a economists afford to live in Delaware?

At the median salary of $159,120, a economists in Delaware would take home approximately $9,188/month after taxes. With median 2-bedroom rent at $1,615/month, that's 17.6% of take-home pay going to housing. This is within the recommended 30% guideline.

What are the best cities for economists in Delaware?

Check our location hub pages for detailed metro area data within Delaware.

Does Delaware have state income tax for economists?

Yes, Delaware has a state income tax rate of approximately 5.8%. On a $159,120 salary, this means roughly $9,253/year in state income tax. Use our take-home pay calculator for a detailed breakdown.