Economists Salary in Ohio
In Ohio, economists earn $117,750 at the median — $56.61 an hour. The range runs from $62K at the entry level to $220K for experienced workers.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $118K get you in Ohio?
About economists
Compensation breakdown
Annual earnings by percentile, Ohio
Entry-level economists (10th percentile) start around $62K. Mid-career wages sit at $118K.Top earners bring in $220K or more - a $158K spread from bottom to top.
Economists pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $163K | +41% | 3,010 |
| Virginia | $148K | +28% | 970 |
| New York | $142K | +23% | 870 |
| Maryland | $138K | +19% | 920 |
| Georgia | $127K | +10% | 340 |
| Ohio | $118K | +2% | 130 |
| Washington | $116K | +1% | 470 |
| Missouri | $116K | +0% | 210 |
| Kansas | $115K | -0% | 110 |
| Pennsylvania | $113K | -2% | 710 |
| Illinois | $113K | -2% | 590 |
| North Carolina | $112K | -3% | 250 |
| Oregon | $112K | -3% | 270 |
| Tennessee | $110K | -4% | N/A |
| Alaska | $109K | -6% | N/A |
Track economists salary changes
BLS updates this data quarterly. We'll email you when Ohio numbers change.
Related careers in Science
Frequently asked questions
How much do economists make in Ohio?
The median is $117,750 a year - that works out to about $56.61 an hour. The range is wide: entry-level workers start around $62,080, and experienced economists can clear $219,590. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $118K enough to live in Ohio?
On that salary, you'd take home roughly $7,378/month after taxes. A 2-bedroom in this state rents for about $1,268/month (median of metro areas), which eats 17.2% 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 Ohio?
Ohio 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 $117,750 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.