SalaryNode

Average Economists Salary in Charlotte-Concord-Gastonia, NC-SC

The average salary for Economistss in Charlotte-Concord-Gastonia, NC-SC is $127,810. While this is lower than the national average, the cost of living in Charlotte-Concord-Gastonia, NC-SC may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $127,810 per year.
  • Growth Trend: Salaries have shifted 4.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $220,000.
  • Outlook: The current demand for Economistss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Charlotte-Concord-Gastonia, NC-SC economy.
2024 Market Data

Salary Overview

$127,810

The average Economists in Charlotte-Concord-Gastonia, NC-SC earns-12.2%below the national average.

BreakdownBased on 40h/week
Hourly

$61.5

Weekly

$2,458

Monthly

$10,651

Economists Salary Distribution in Charlotte-Concord-Gastonia, NC-SC

The earning potential for Economistss in Charlotte-Concord-Gastonia, NC-SC varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $50,620, while highly experienced professionals can command wages upwards of $220,000.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$50,620$24.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$95,858$46.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$100,610$48.4
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$159,763$76.8
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$220,000$105.8

Detailed Economists Market Analysis

Relocation Context

Nominal Salary

$127,810

Gross Pay

Real Wage (Purchasing Power)

$127,810

Adjusted for COL (100)

In Charlotte-Concord-Gastonia, NC-SC, the Cost of Living Index is 100. This increases your effective purchasing power from $127,810 to $127,810.

Job Market Context

60

Total Jobs

0.045

Per 1K Jobs

0.44

Location Quotient

Low Concentration

At 0.44x, Charlotte-Concord-Gastonia, NC-SC has a notably lower concentration of Economists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

60 people work as Economists in Charlotte-Concord-Gastonia, NC-SC.

Only 0.045 out of every 1,000 local jobs are Economists roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Economistss?

Frequently Asked Questions

How much does a Economists make in Charlotte-Concord-Gastonia, NC-SC?

The median annual salary for a Economists in Charlotte-Concord-Gastonia, NC-SC is $127,810. This typically ranges from $50,620 for entry-level positions to $220,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Charlotte-Concord-Gastonia, NC-SC is 12.2% lower than the national median of $145,650.

Is Charlotte-Concord-Gastonia, NC-SC a good place for Economistss?

It depends on your priorities. While the average Economists salary in Charlotte-Concord-Gastonia, NC-SC is $127,810 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Charlotte-Concord-Gastonia, NC-SC. See distinct detailed breakdown below.

Is Charlotte-Concord-Gastonia, NC-SC a good place to live for Economists?

The Cost of Living Index in Charlotte-Concord-Gastonia, NC-SC is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Charlotte-Concord-Gastonia, NC-SC area with a job density of 0.045 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.