Economist salary in Albany-Schenectady-Troy, NY
Economists in the Albany-Schenectady-Troy, NY metro area earn a median of $99,200 a year ($47.69 an hour), based on BLS data for 90 workers.
Pay ranges from $64,990 for the lowest-paid 10% to $127,820 for the top 10%. That is 20% lower than the national median of $124,720. Pay here is 27% lower than the New York statewide median of $136,660. There are 0.19 economists per 1,000 jobs here — the job is 1.7× more common than nationally. The average (mean) salary is $101,340, above the median because a few high earners pull it up.
Pay range for economists in Albany-Schenectady-Troy, NY
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $64,990 | $31.25 |
| 25th percentile | $76,150 | $36.61 |
| Median | $99,200 | $47.69 |
| 75th percentile | $118,320 | $56.89 |
| 90th percentile (top earners) | $127,820 | $61.45 |
| Average (mean) | $101,340 | $48.72 |
Half of economists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $8,266.67 |
| Semi-monthly (24 a year) | $4,133.33 |
| Biweekly (26 a year) | $3,815.38 |
| Weekly | $1,907.69 |
| Hourly | $47.69 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Economist salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $176,090 | 850 |
Highest-paying states for economists
| State | Median salary |
|---|---|
| District of Columbia | $167,590 |
| New Jersey | $167,550 |
| Delaware | $159,120 |
| Maryland | $144,680 |
| Kansas | $138,790 |
| Virginia | $137,590 |
| New York | $136,660 |
| North Carolina | $136,150 |
| Idaho | $131,270 |
| Alabama | $129,960 |
See Economist pay in every state or the New York statewide figures.
Related jobs in Albany-Schenectady-Troy, NY
| Job | Median salary | Hourly |
|---|---|---|
| Clinical and Counseling Psychologists | $106,440 | $51.18 |
| School Psychologist | $82,390 | $39.61 |
| Urban and Regional Planners | $88,190 | $42.40 |
| Social Scientists and Related Workers, All Other | $87,040 | $41.84 |
| Survey Researcher | $86,890 | $41.77 |
| Historian | $48,610 | $23.37 |
| Anthropologists and Archeologists | $46,280 | $22.25 |
| Biological Technician | $60,580 | $29.13 |
| Life, Physical, and Social Science Technicians, All Other | $60,590 | $29.13 |
| Physical Scientists, All Other | $99,460 | $47.82 |
| Occupational Health and Safety Specialists | $93,660 | $45.03 |
| Environmental Scientists and Specialists, Including Health | $79,480 | $38.21 |
| Medical Scientists, Except Epidemiologists | $95,800 | $46.06 |
| Chemist | $110,920 | $53.33 |
More: Life, Physical, and Social Science Occupations · all salaries in Albany-Schenectady-Troy, NY
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 19-3011. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a economist make in Albany-Schenectady-Troy, NY?
The median salary for economists in the Albany-Schenectady-Troy, NY metro area is $99,200 a year, or $47.69 an hour. Pay ranges from $64,990 for the lowest-paid 10% to $127,820 for the top 10%.
How much do the highest-paid economists make in Albany-Schenectady-Troy, NY?
The top 10% of economists in the Albany-Schenectady-Troy, NY metro area earn at least $127,820 a year. The top 25% earn $118,320 or more.
What is the starting pay for economists in Albany-Schenectady-Troy, NY?
Entry-level pay (the 10th percentile) is about $64,990 a year, and a quarter of economists earn $76,150 or less.
How many economists work in Albany-Schenectady-Troy, NY?
About 90 economists are employed in the Albany-Schenectady-Troy, NY metro area, not counting the self-employed.