How to Become a Economists in Massachusetts
Economists in Massachusetts earn a median salary of $106,380/year, which is 15% below the national average. Massachusetts has a state income tax of ~5.0%. After taxes and rent, a economists takes home approximately $4,825/month. Most positions require Bachelor's degree.
What a economists can afford in Massachusetts
Becoming a economists in Massachusetts
Meet education requirements
Economists positions in Massachusetts typically require Bachelor's degree. Programs are available at colleges and training institutions across Massachusetts. Research accredited programs in your area.
Gain required experience
Many economists positions in Massachusetts require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Massachusetts licensure or certification
Massachusetts may require specific licensing or professional certification for economistss. Requirements vary by state, contact the Massachusetts Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Massachusetts
Massachusetts employs 1,030 economists. The highest concentrations are in Boston-Cambridge-Newton and Worcester.
Economists salary by metro area in Massachusetts
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Boston-Cambridge-Newton | $108K | $51.99/hr | 820 |
| Worcester | $100K | $48.07/hr | 50 |
| Amherst Town-Northampton | $94K | $45.21/hr | 40 |
Economists salary range in Massachusetts
Economists careers in other states
Frequently asked questions
How much does a economists make in Massachusetts?▼
The median economists salary in Massachusetts is $106,380 per year ($51.14/hr). This is 15% below the national median of $124,720. Salaries range from $74,080 to $222,610.
What are the requirements to become a economists in Massachusetts?▼
Economists positions in Massachusetts typically require Bachelor's degree. Massachusetts may have specific licensing or certification requirements. Check with the Massachusetts licensing board or department of labor for current requirements.
Can a economists afford to live in Massachusetts?▼
At the median salary of $106,380, a economists in Massachusetts would take home approximately $6,492/month after taxes. With median 2-bedroom rent at $1,667/month, that's 25.7% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for economists in Massachusetts?▼
The highest paying metro areas for economists in Massachusetts are Boston-Cambridge-Newton ($108,140), Worcester ($99,990), Amherst Town-Northampton ($94,030). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Massachusetts have state income tax for economists?▼
Yes, Massachusetts has a state income tax rate of approximately 5.0%. On a $106,380 salary, this means roughly $5,319/year in state income tax. Use our take-home pay calculator for a detailed breakdown.