Economists Salary
In Jacksonville, FL, economists earn $136,990 at the median, or about $65.86 an hour. The range runs from $67K at the entry level to $217K for experienced workers. Adjusted for local prices (RPP 99.48), that's roughly $137,706 in purchasing power. Rent on a 2-bedroom averages $1,658/month, or 18.8% of estimated take-home pay.
So what does $137K get you in Jacksonville?
Groceries, utilities, transportation, and healthcare scaled from national averages by Jacksonville’s Regional Price Parity (99.48). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About economists
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What this looks like in Jacksonville
Economists pay in Jacksonville tracks closely to the national median, $137K locally vs. $125K nationwide, a 10% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,658/month, 19.1% of take-home, well inside the 30% guideline. Cost of living (RPP 99.48) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for economists in metros near Jacksonville, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Orlando-Kissimmee-Sanford | $102K | $101K |
| Miami-Fort Lauderdale-West Palm Beach | $118K | $103K |
| Tampa-St. Petersburg-Clearwater | $104K | $103K |
| Tallahassee | $70K | $75K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Jacksonville, FL
Entry-level economists (10th percentile) start around $67K. Mid-career wages sit at $137K. Top earners bring in $217K or more, a $151K spread from bottom to top.
Economists pay across states
Median income ranked highest to lowest, compared to the national figure
View Economists salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $168K | +34% | 3,000 |
| New Jersey | $168K | +34% | 280 |
| Delaware | $159K | +28% | 70 |
| Maryland | $145K | +16% | 1,130 |
| Kansas | $139K | +11% | 80 |
| Virginia | $138K | +10% | 950 |
| New York | $137K | +10% | 910 |
| North Carolina | $136K | +9% | 290 |
| Idaho | $131K | +5% | 130 |
| Alabama | $130K | +4% | 40 |
| Georgia | $123K | -2% | 260 |
| Oregon | $122K | -2% | 320 |
| Texas | $121K | -3% | 560 |
| Colorado | $121K | -3% | 240 |
| Ohio | $120K | -4% | 140 |
| California | $119K | -4% | 860 |
| Tennessee | $118K | -6% | 80 |
| Missouri | $117K | -6% | 280 |
| Pennsylvania | $115K | -8% | 560 |
| Alaska | $111K | -11% | 80 |
| Washington | $109K | -12% | 450 |
| Massachusetts | $106K | -15% | 1,030 |
| Michigan | $106K | -15% | 320 |
| Minnesota | $105K | -16% | 500 |
| Florida | $102K | -18% | 500 |
| Connecticut | $101K | -19% | 210 |
| Iowa | $96K | -23% | 70 |
| Arkansas | $92K | -27% | 50 |
| Maine | $91K | -27% | 70 |
| Nevada | $91K | -27% | 70 |
| Oklahoma | $90K | -28% | 80 |
| Montana | $89K | -28% | 90 |
| New Hampshire | $86K | -31% | 50 |
| Wisconsin | $84K | -33% | 280 |
| Hawaii | $83K | -33% | 50 |
| Indiana | $81K | -35% | 80 |
| Arizona | $80K | -36% | 340 |
| Nebraska | $76K | -39% | 90 |
| Louisiana | $73K | -41% | 140 |
| Kentucky | $71K | -43% | 100 |
Showing 1–10 of 40 states
BLS does not publish data for every state when sample sizes are too small
Track economists salary changes
BLS updates this data quarterly. We'll email you when Jacksonville numbers change.
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Frequently asked questions
Can a economist afford a 2BR apartment alone in Jacksonville?
Yes — at the median salary of $137K, rent takes 19.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,658/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for economists in Jacksonville?
The 10th-percentile wage — what new economists typically earn — is $67K/year. Take-home on that works out to about $3,991/month. At HUD’s $1,658/month FMR, rent would take 42% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is economist a high-paying job in Jacksonville?
Pay here is roughly in line with the national average — $137K locally vs. $125K nationally, a 10% difference.
How does Jacksonville compare to the national average for economists?
Jacksonville pays $137K median vs. the U.S. average of $125K — that’s +10%. After adjusting for local cost of living (RPP 99.48), the purchasing-power equivalent is $138K — still ahead of the national median.
How much do economists make in Jacksonville, FL?
The median is $136,990 a year, that works out to about $66 an hour. But the range is wide: entry-level workers start around $66,510, and experienced economists can clear $217,110. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $137K enough to live in Jacksonville?
On that salary, you'd take home roughly $8,699/month after taxes. A 2-bedroom here rents for about $1,658/month, which eats 19.1% 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 Jacksonville?
Jacksonville has a Regional Price Parity of 99.48 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median economists salary is worth about $137,706 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.