The annual salary statistics of economists in Durham-Chapel Hill, North Carolina is shown in Table 1. The wage data of economists in Durham-Chapel Hill 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 | $52,080 |
| 25th Percentile Wage | $64,440 |
| 50th Percentile Wage | $87,900 |
| 75th Percentile Wage | $127,670 |
| 90th Percentile Wage | $129,650 |
Table 1 shows the average annual salary for economists in Durham-Chapel Hill, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $129,650. The median (50th percentile) annual salary is $87,900. The average annual salary for the bottom 10 percent earners is $52,080.
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 | $87,900 | 8.59% | -7.08% |
| 2021 | $80,350 | 10.85% | - |
| 2018 | $71,630 | -19.04% | - |
| 2017 | $85,270 | -0.67% | - |
| 2013 | $85,840 | -9.65% | - |
| 2012 | $94,120 | - | - |
From Table 3 we note that with a median annual salary of $87,900, Durham-Chapel Hill is the highest paying city for economists in state of North Carolina, followed by Raleigh-Cary (median annual salary $82,060). In comparison, the median annual salary of economists in Durham-Chapel Hill is 6.6 percent (6.6%) higher than that in Raleigh-Cary.
| Cities/Areas | Median Annual Salary |
|---|---|
| Durham-Chapel Hill | |
| Raleigh-Cary |