How to Become a Economists in New York
Economists in New York earn a median salary of $142,300/year, which is 23% above the national average. New York has a state income tax of ~5.3%. After taxes and rent, a economists takes home approximately $6,965/month. Most positions require Bachelor's degree.
What a economists can afford in New York
Becoming a economists in New York
Meet education requirements
Economists positions in New York typically require Bachelor's degree. Programs are available at colleges and training institutions across New York. Research accredited programs in your area.
Gain required experience
Many economists positions in New York require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain New York licensure or certification
New York may require specific licensing or professional certification for economistss. Requirements vary by state — contact the New York Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in New York
New York employs 870 economists. The highest concentrations are in New York-Newark-Jersey City and Albany-Schenectady-Troy.
Economists salary by metro area in New York
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| New York-Newark-Jersey City | $169K | $81.18/hr | 730 |
| Albany-Schenectady-Troy | $95K | $45.44/hr | 70 |
Economists salary range in New York
Economists careers in other states
Frequently asked questions
How much does a economists make in New York?▼
The median economists salary in New York is $142,300 per year ($68.42/hr). This is 23% above the national median of $115,440. Salaries range from $77,740 to $0.
What are the requirements to become a economists in New York?▼
Economists positions in New York typically require Bachelor's degree. New York may have specific licensing or certification requirements. Check with the New York licensing board or department of labor for current requirements.
Can a economists afford to live in New York?▼
At the median salary of $142,300, a economists in New York would take home approximately $8,377/month after taxes. With median 2-bedroom rent at $1,412/month, that's 16.9% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for economists in New York?▼
The highest paying metro areas for economists in New York are New York-Newark-Jersey City ($168,850), Albany-Schenectady-Troy ($94,520). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does New York have state income tax for economists?▼
Yes, New York has a state income tax rate of approximately 5.3%. On a $142,300 salary, this means roughly $7,490/year in state income tax. Use our take-home pay calculator for a detailed breakdown.