Average Economists Salary in Olympia-Lacey-Tumwater, WA
The average salary for Economistss in Olympia-Lacey-Tumwater, WA is $101,530. While this is lower than the national average, the cost of living in Olympia-Lacey-Tumwater, WA may offset the difference, preserving real purchasing power. Notably, Olympia-Lacey-Tumwater, WA is a key hub for this profession, with a job concentration 11.6x higher than average.
Executive Summary
- Average Salary: $101,530 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,670.
- Outlook: The current demand for Economistss is stable, with a local workforce of approximately 150 professionals. This role remains a specialized component of the broader Olympia-Lacey-Tumwater, WA economy.
Salary Overview
The average Economists in Olympia-Lacey-Tumwater, WA earns-30.3%below the national average.
$48.8
$1,953
$8,461
Economists Salary Trends (2020-2024)
Historical trend data for Economists in Olympia-Lacey-Tumwater, WA is limited, but current market signals indicate a stable demand environment.
Economists Salary Distribution in Olympia-Lacey-Tumwater, WA
The earning potential for Economistss in Olympia-Lacey-Tumwater, WA varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $82,050, while highly experienced professionals can command wages upwards of $127,670.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $82,050 | $39.4 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $76,148 | $36.6 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $95,170 | $45.8 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $126,913 | $61 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $127,670 | $61.4 |
Detailed Economists Market Analysis
Relocation Context
Nominal Salary
$101,530
Gross Pay
Real Wage (Purchasing Power)
$101,530
Adjusted for COL (100)
In Olympia-Lacey-Tumwater, WA, the Cost of Living Index is 100. This increases your effective purchasing power from $101,530 to $101,530.
Job Market Context
150
Total Jobs
1.194
Per 1K Jobs
11.6
Location Quotient
Olympia-Lacey-Tumwater, WA has 11.6x the national concentration of Economists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
150 people work as Economists in Olympia-Lacey-Tumwater, WA.
1.194 out of every 1,000 local jobs are Economists positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Economists
| City | Salary | Dist. |
|---|---|---|
| Seattle-Tacoma-Bellevue, WA Economists Salary | $146,040↑ 44% | 47 mi |
Comparing salaries near Olympia-Lacey-Tumwater, WA
Hiring Economistss?
Frequently Asked Questions
How much does a Economists make in Olympia-Lacey-Tumwater, WA?
The median annual salary for a Economists in Olympia-Lacey-Tumwater, WA is $101,530. This typically ranges from $82,050 for entry-level positions to $127,670 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Olympia-Lacey-Tumwater, WA is 30.3% lower than the national median of $145,650.
Is Olympia-Lacey-Tumwater, WA a good place for Economistss?
Yes, Olympia-Lacey-Tumwater, WA is highly recommended due to strong job demand. While salaries are competitive ($101,530), the area is particularly notable for its high job density for Economistss. See distinct detailed breakdown below.
Is Olympia-Lacey-Tumwater, WA a good place to live for Economists?
The Cost of Living Index in Olympia-Lacey-Tumwater, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Olympia-Lacey-Tumwater, WA?
Some top paying nearby cities include Seattle-Tacoma-Bellevue, WA ($146,040) and others.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 150 employees in the Olympia-Lacey-Tumwater, WA area with a job density of 1.194 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Economists • Data source: BLS OEWS 2024 •Jobs in Olympia-Lacey-Tumwater, WA