Economist Salary in Boston, MA: 2026
Economist salary data for Boston, MA, adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.
The estimated median Economist salary in Boston, MA is $189,574 per year ($15,798/month, $91/hr). This modeled estimate scales Salario's national benchmark (calibrated to the BLS OEWS May 2025 national median) by the local cost of living index of 152, which is 52% above the national average.
All four figures are Salario estimates (national benchmark scaled by Boston's cost-of-living index); BLS does not publish a metro median for this title here.
Economist Take-Home Pay in Boston
Tax Breakdown (Median Salary)
| Gross Annual | $189,574 |
| Federal Tax | -$34,232 |
| State Tax (5.0% eff.) | -$9,479 |
| FICA (SS + Medicare) | -$14,188 |
| Annual Take-Home | $131,676 |
| Monthly Take-Home | $10,973 |
Living Cost Comparison
Economist Requirements
Key Skills
Boston Job Market Overview
Boston, Massachusetts has a population of 675,647 and an unemployment rate of 3.5%. The top industries are Healthcare, Education, Technology. The local job growth rate is 2.0%, and the average commute time is 31minutes. These local figures come from Salario's city dataset; verify current values with BLS Local Area Unemployment Statistics and Census QuickFacts.
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Salary Percentile Breakdown: Economist in Boston
Based on Salario's cost-of-living-adjusted salary tiers for Economist in Boston, MA, here is an estimated percentile breakdown:
| Percentile | Annual Salary | Hourly Equivalent | Career Stage |
|---|---|---|---|
| 10th (lowest) | $114,152 | $55/hr | Entry-level, < 1 yr exp. |
| 25th | $151,863 | $73/hr | Junior, 1-3 yrs exp. |
| 50th (median) | $189,574 | $91/hr | Mid-career, 2-5 years |
| 75th | $272,080 | $131/hr | Senior, 5-10 yrs exp. |
| 90th (top) | $351,120 | $169/hr | Lead/Principal, 10+ yrs |
Percentiles are approximations, not measured local percentiles: P10, P50, P75, and P90 map to Salario's entry, median, senior, and top salary tiers scaled by the local cost-of-living index, and P25 is interpolated halfway between entry and median. Top earners (P90) typically include managers, specialists with rare skills, or those at high-paying employers in Boston's Healthcare sector.
5-Year Salary Trajectory
Salario's national dataset models approximately 12.0% salary growth for Economists over the past 5 years. That national assumption is applied to the Boston estimate below; it is not a measured local trend, and it should be compared with cumulative CPI inflation before treating it as a real-terms gain:
Year-over-year, an average Economist can expect a 15.6% annual increase moving from entry to senior level over 6 years in Boston. Negotiation, certifications (None typically required), and changing employers strategically can accelerate this trajectory.
Boston vs National Average
The national median Economist salary is $124,720 (BLS OEWS May 2025, Economists). In Boston, the cost-of-living-adjusted median of $189,574 is 52.0% above the national figure. This reflects Boston's cost of living index of 152 (higher than the national average of 100).
For Economists, this means: rent typically consumes 25.5% of take-home pay (households spending >30% are considered affordable), and a median home in Boston costs about 5.2× annual take-home. Homeownership in Boston on this salary is challenging, most experts recommend keeping home costs to 3-4× income.
Industry Context: Healthcare in Boston
Boston's economy is anchored by Healthcare, Education, Technology, with 675,647 residents and an unemployment rate of 3.5% in Salario's city dataset. Pay for Economists can differ by sector, so compare Healthcare employers with other local employers. The local job growth rate in Salario's city dataset is 2.0%, and Salario's job dataset lists a 6.0% growth outlook for Economist roles; check the BLS Occupational Outlook Handbook for the official 2024-2034 projection for the closest matching occupation.
Methodology & Data Sources
How we calculate Economist salaries in Boston, MA:
- Base salary model starts with Salario occupation data and public wage references, including BLS OEWS and O*NET when a direct or related occupational crosswalk is available (the national median is calibrated to the BLS OEWS May 2025 median for Economists). For niche titles, we do not treat a broader SOC family as an exact job-title wage.
- Cost-of-living adjustment applied using the Boston index of 152 relative to the national baseline of 100, with local rent, home price, unemployment, and tax inputs stored separately in Salario's city dataset.
- Percentile distribution (P10-P90) estimated from the entry, median, senior, and top compensation tiers in the Salario salary model rather than claimed as exact employer payroll data.
- Take-home pay calculated using 2026 federal tax brackets (10%-37%), MA 2026 state income tax brackets after the standard deduction (top rate 9.0%), and FICA (Social Security 6.2% + Medicare 1.45%).
- Tax brackets and standard deduction ($16,100 single filer for tax year 2026) sourced from IRS Revenue Procedure 2025-32 and updated annually.
Authoritative data sources:
- BLS Occupational Employment and Wage Statistics, national and metro-area salary data
- O*NET OnLine, occupation tasks, alternate job titles, skills, and SOC crosswalks
- BLS Occupational Outlook Handbook, occupation outlook where a matching profile is available
- BLS Consumer Price Index (CPI-U), regional inflation data (CPI measures price changes, not city-to-city price levels)
- U.S. Census Bureau, Boston QuickFacts, population and demographic data
- IRS Revenue Procedure 2025-32 summary, 2026 federal tax brackets and standard deductions
- BLS Local Area Unemployment Statistics, official local unemployment rates to verify the Boston figure above
Last reviewed: 2026. Salario's salary dataset is refreshed periodically, not automatically; check the linked BLS releases for the latest official data. Economist salaries can vary significantly based on employer, sector (Healthcare vs others in Boston), specific skill set (Econometrics, Statistical Modeling, Policy Analysis), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.
Frequently Asked Questions
What is the average Economist salary in Boston, MA?
How much does a Economist take home in Boston after taxes?
Is Boston a good city for Economists?
What skills are needed for a Economist in Boston?
How does Economist salary in Boston compare to the national average?
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Frequently Asked Questions
What is the average Economist salary in Boston, MA?
Salario estimates the median Economist salary in Boston, MA at $189,574 per year for 2026. This is a modeled figure: Salario's national Economist benchmark scaled by the local cost of living index of 152, not a measured local wage survey. The modeled entry-level estimate is around $114,152, and the senior estimate is $272,080 or more.
How much does a Economist take home in Boston after taxes?
A Economist earning the median salary of $189,574 in Boston, MA takes home approximately $131,676 per year ($10,973/month) after federal, state, and local taxes. The effective tax rate is 30.5%.
Is Boston a good city for Economists?
Boston, MA has a cost of living index of 152 (above national average). Economists here earn above the city median. The local unemployment rate is 3.5% and top industries include Healthcare, Education, Technology.
What skills are needed for a Economist in Boston?
Key skills for Economists include Econometrics, Statistical Modeling, Policy Analysis, Data Analysis, Research. Typical education requirement is Master's/Doctorate. Valuable certifications include None typically required.
How does Economist salary in Boston compare to the national average?
Salario's national median benchmark for Economist is $124,720 (calibrated to the BLS OEWS May 2025 national median). In Boston, the cost-of-living-adjusted estimate is $189,574, which is 52.0% higher than the national average, reflecting the local cost of living.