$

Job Salary Guide ยท 2026

Economist Salary After Tax in Phoenix

Based on BLS OEWS data ยท AZ ยท Single filer

Rent: ComfortableCOL Index: 1.12

Economist Salary Range

25th Percentile

$88,000

Take-home:

$68,094

$5,675/mo

Entry to mid-level

Median

$116,000

Take-home:

$87,092

$7,258/mo

Typical salary

75th Percentile

$152,000

Take-home:

$110,845

$9,237/mo

Senior / specialist

Tax Breakdown

At median salary of $116,000

Gross Salary$116,000
Federal Tax(14.8%)โ€“$17,134
AZ State Taxโ€“$2,900
Social Securityโ€“$7,192
Medicareโ€“$1,682
Annual Take-Home$87,092
$7,258Monthly
$3,350Bi-Weekly
24.92%Effective Rate

Cost of Living in Phoenix

Rent-to-income ratio (1BR)20% โ€” Comfortable

1BR Monthly Rent

$1,450/mo

2BR Monthly Rent

$1,820/mo

COL Index

1.12

Comfortable Rent Max

$1,814/mo

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $7,258 ($87,096/yr)

Needs 50%Wants 30%Savings 20%
Needs50%

$3,629

per month

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

$2,177

per month

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

$1,452

per month

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

Needs / year

$43,548

Wants / year

$26,129

Savings / year

$17,419

Frequently Asked Questions

What is the average Economist salary in Phoenix?

The median Economist salary in Phoenix (AZ) 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 Phoenix?

At the median salary of $116,000, a Economist in AZ takes home approximately $87,092 per year ($7,258/month) after federal and state taxes. The effective tax rate is 24.92%.

Can a Economist afford rent in Phoenix?

The average 1-bedroom rent in Phoenix is $1,450/month. On the median Economist salary, your rent-to-income ratio is 20%, which is "Comfortable". Financial experts recommend keeping rent below 25โ€“30% of take-home pay ($1,814/month at this salary).

How does cost of living affect Economist salaries in Phoenix?

Phoenix has a cost-of-living index of 1.12 (1.00 = national average). Phoenix is 12% more expensive than the US average, which reduces the real purchasing power of the Economist salary.