Economists pay in Maryland

In Maryland, the median pay for economists is $69.56 an hour ($144,680 a year). About 1,130 people work in this job there.

$69.56Median hourly pay
$118,460–$178,780Middle half of workers, yearly
1,130People in this job in Maryland

That is 16% higher than the U.S. median ($124,720). Maryland ranks 4th of 40 states and territories for this job’s median pay.

Pay range for economists in Maryland

Earns more thanHourlyYearly
10% of workers$45.05$93,710
25% of workers$56.95$118,460
Half of workers (median)$69.56$144,680
75% of workers$85.95$178,780
90% of workers$93.84$195,190

Economists pay in Maryland metro areas

Metro areaMedian yearly payPeople in this job
Baltimore-Columbia-Towson$152,730110

Maryland unemployment rate: 4.1% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for economists

  • Typical education to start: Master's degree (BLS)
  • Related work experience most have: 1 to 2 years (O*NET)
  • Job outlook: +4.7% over ten years, about as fast as average · about 1,100 openings a year (BLS)

Related jobs in Maryland

JobMedian yearly pay
Social Scientists and Related Workers, All Other$131,810
School Psychologists$109,700
Urban and Regional Planners$88,570
Psychologists, All Other$109,970

Other job titles for this job

Agricultural EconomistBusiness EconomistConsultant EconomistEconometricianEconomic AdvisorEconomic AnalystEconomic ConsultantEconomic Development ManagerEconomic Development SpecialistEconomic Research AnalystEconomic SpecialistEconomist

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.