The annual salary statistics of economists in Tallahassee, Florida is shown in Table 1. The wage information of economists in Tallahassee 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 | $50,000 |
| 25th Percentile Wage | $58,720 |
| 50th Percentile Wage | $67,370 |
| 75th Percentile Wage | $98,260 |
| 90th Percentile Wage | $138,440 |
Table 1 shows the average annual salary for economists in Tallahassee, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $138,440. The median (50th percentile) annual salary is $67,370. The average annual salary for the bottom 10 percent earners is $50,000.
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 | $67,370 | 8.15% | 8.53% |
| 2021 | $61,880 | 1.91% | - |
| 2020 | $60,700 | -1.52% | - |
| 2016 | $61,620 | 1.96% | - |
| 2015 | $60,410 | -0.36% | - |
| 2014 | $60,630 | -1.63% | - |
| 2012 | $61,620 | - | - |
From Table 3 we note that with a median annual salary of $67,370, Tallahassee is the lowest paying city for economists in state of Florida, following city of Miami-Fort Lauderdale-Pompano Beach (median annual salary of $109,910). Compared with the highest paying city Miami-Fort Lauderdale-Pompano Beach, the median annual salary of economists in Tallahassee is 38.7 percent (38.7%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Miami-Fort Lauderdale-Pompano Beach | |
| Miami-Miami Beach-Kendall | |
| Orlando-Kissimmee-Sanford | |
| Tampa-St Petersburg-Clearwater | |
| Jacksonville | |
| Tallahassee |