Bar chart showing Economists salary percentiles in Idaho: 10th percentile $39,540, 25th percentile $41,890, median $78,770, 75th percentile $117,360, 90th percentile $136,400. Source: Bureau of Labor Statistics.
Entry-level economists (10th percentile) start around $40K. Mid-career wages sit at $79K. Top earners bring in $136K or more, a $97K spread from bottom to top.
The median is $78,770 a year, that works out to about $38 an hour. But the range is wide: entry-level workers start around $39,540, and experienced economists can clear $136,400. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $79K enough to live in Idaho?▼
On that salary, you'd take home roughly $5,025/month after taxes. A 2-bedroom here rents for about $1,136/month, which eats 22.6% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a economists salary go in Idaho?▼
Idaho has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median economists salary is worth about $83,905 in national-average purchasing power.
Where do economists get paid the most?▼
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.
