The annual salary statistics of economists in Miami-Fort Lauderdale-Pompano Beach, Florida is shown in Table 1. The wage statistics of economists in Miami-Fort Lauderdale-Pompano Beach is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $74,950 |
| 25th Percentile Wage | $93,000 |
| 50th Percentile Wage | $109,910 |
| 75th Percentile Wage | $149,340 |
| 90th Percentile Wage | $165,370 |
Table 1 shows the average annual salary for economists in Miami-Fort Lauderdale-Pompano Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $165,370. The median (50th percentile) annual salary is $109,910. The average annual salary for the bottom 10 percent earners is $74,950.
The table and chart below show the trend of the median salary of economists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $109,910 | 8.70% | 11.61% |
| 2021 | $100,350 | -1.05% | - |
| 2018 | $101,400 | 5.15% | - |
| 2017 | $96,180 | -1.01% | - |
| 2015 | $97,150 | -6.41% | - |
| 2014 | $103,380 | 5.63% | - |
| 2013 | $97,560 | 0.42% | - |
| 2012 | $97,150 | - | - |
From Table 3 we note that with a median annual salary of $109,910, Miami-Fort Lauderdale-Pompano Beach is the highest paying city for economists in state of Florida, followed by Miami-Miami Beach-Kendall (median annual salary $102,120). In comparison, the median annual salary of economists in Miami-Fort Lauderdale-Pompano Beach is 7.1 percent (7.1%) higher than that in Miami-Miami Beach-Kendall.
| Cities/Areas | Median Annual Salary |
|---|---|
| Miami-Fort Lauderdale-Pompano Beach | |
| Miami-Miami Beach-Kendall | |
| Orlando-Kissimmee-Sanford | |
| Tampa-St Petersburg-Clearwater | |
| Jacksonville | |
| Tallahassee |