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Job Salary Guide ยท 2026

Economist Salary After Tax in Birmingham

Based on BLS OEWS data ยท AL ยท Single filer

Rent: ComfortableCOL Index: 0.89

Economist Salary Range

25th Percentile

$88,000

Take-home:

$66,059

$5,505/mo

Entry to mid-level

Median

$116,000

Take-home:

$84,357

$7,030/mo

Typical salary

75th Percentile

$152,000

Take-home:

$107,210

$8,934/mo

Senior / specialist

Tax Breakdown

At median salary of $116,000

Gross Salary$116,000
Federal Tax(14.8%)โ€“$17,134
AL State Taxโ€“$5,635
Social Securityโ€“$7,192
Medicareโ€“$1,682
Annual Take-Home$84,357
$7,030Monthly
$3,245Bi-Weekly
27.28%Effective Rate

Cost of Living in Birmingham

Rent-to-income ratio (1BR)14.5% โ€” Comfortable

1BR Monthly Rent

$1,020/mo

2BR Monthly Rent

$1,280/mo

COL Index

0.89

Comfortable Rent Max

$1,757/mo

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $7,030 ($84,360/yr)

Needs 50%Wants 30%Savings 20%
Needs50%

$3,515

per month

  • โ€บRent / mortgage
  • โ€บGroceries
  • โ€บUtilities
  • โ€บInsurance
  • โ€บMinimum debt payments
  • โ€บTransportation
Wants30%

$2,109

per month

  • โ€บDining out
  • โ€บStreaming services
  • โ€บGym
  • โ€บHobbies
  • โ€บTravel
  • โ€บShopping
Savings20%

$1,406

per month

  • โ€บEmergency fund
  • โ€บ401(k) / IRA
  • โ€บInvestments
  • โ€บDown payment fund
  • โ€บDebt payoff (extra)

Needs / year

$42,180

Wants / year

$25,308

Savings / year

$16,872

Frequently Asked Questions

What is the average Economist salary in Birmingham?

The median Economist salary in Birmingham (AL) is $116,000 per year based on BLS OEWS data. The 25th percentile is $88,000 and the 75th percentile is $152,000.

What is the take-home pay for a Economist in Birmingham?

At the median salary of $116,000, a Economist in AL takes home approximately $84,357 per year ($7,030/month) after federal and state taxes. The effective tax rate is 27.28%.

Can a Economist afford rent in Birmingham?

The average 1-bedroom rent in Birmingham is $1,020/month. On the median Economist salary, your rent-to-income ratio is 14.5%, which is "Comfortable". Financial experts recommend keeping rent below 25โ€“30% of take-home pay ($1,757/month at this salary).

How does cost of living affect Economist salaries in Birmingham?

Birmingham has a cost-of-living index of 0.89 (1.00 = national average). Birmingham is 11% cheaper than the US average, so the Economist salary goes further here than in high-cost metros.