The annual salary statistics of economists in West Northwestern Ohio nonmetropolitan area, Ohio is shown in Table 1. The wage information of economists in West Northwestern Ohio nonmetropolitan area 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 | $84,060 |
| 25th Percentile Wage | $87,720 |
| 50th Percentile Wage | $93,820 |
| 75th Percentile Wage | $99,920 |
| 90th Percentile Wage | $103,580 |
Table 1 shows the average annual salary for economists in West Northwestern Ohio nonmetropolitan area, Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $103,580. The median (50th percentile) annual salary is $93,820. The average annual salary for the bottom 10 percent earners is $84,060.
The table and chart below show the trend of the median salary of economists from 2012 to 2020. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 1-Year Growth |
|---|---|---|---|
| 2020 | $93,820 | 1.69% | 1.69% |
| 2019 | $92,230 | - | - |
From Table 3 we note that with a median annual salary of $93,820, West Northwestern Ohio nonmetropolitan area is the lowest paying city for economists in state of Ohio, following city of Columbus (median annual salary of $104,330). In comparison, the median annual salary of economists in West Northwestern Ohio nonmetropolitan area is 10.1 percent (10.1%) lower than that in the highest paying city Columbus.
| Cities/Areas | Median Annual Salary |
|---|---|
| Columbus | |
| Cleveland-Elyria-Mentor | |
| Cincinnati-Middletown | |
| West Northwestern Ohio nonmetropolitan area |