SOC 193011

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods. Excludes "Market Research Analysts and Marketing Specialists" (13-1161).

National Median

$115,440

per year

National Salary Overview

Median Annual

$115,440

Entry Level (10th pct)

$62,340

Experienced (90th pct)

$212,710

Total Employed

15,880

Salary Distribution

Salary percentiles show the range from entry-level (10th) to top earners (90th)

Salary by Experience Level

Experience Level	Estimated Salary Range
Entry Level0-2 years experience	$62,340 - $82,260
Mid Career2-8 years experience	$82,260 - $166,030
Senior / Expert8+ years experience	$166,030 - $212,710

Highest Paying Locations for Economists

New York-Newark-Jersey City, NY-NJ

$168,850

+46.3% vs national

District of Columbia

$162,610

+40.9% vs national

Washington-Arlington-Alexandria, DC-VA-MD-WV

$157,980

+36.9% vs national

Virginia

$148,010

+28.2% vs national

New York

$142,300

+23.3% vs national

Economists Salary by Location

Compare salaries across 50 metropolitan areas

Metropolitan Area	Median Salary	Employed
New York-Newark-Jersey City, NY-NJ	$168,850	730
District of Columbia	$162,610	3,010
Washington-Arlington-Alexandria, DC-VA-MD-WV	$157,980	4,300
Virginia	$148,010	970
New York	$142,300	870
Maryland	$137,610	920
San Francisco-Oakland-Fremont, CA	$134,410	440
Houston-Pasadena-The Woodlands, TX	$131,160	160
Seattle-Tacoma-Bellevue, WA	$129,280	250
Georgia	$127,220	340
Atlanta-Sandy Springs-Roswell, GA	$127,220	310
Baltimore-Columbia-Towson, MD	$125,630	200
Virginia Beach-Chesapeake-Norfolk, VA-NC	$124,780	40
Anchorage, AK	$124,590	N/A
Chicago-Naperville-Elgin, IL-IN	$123,140	470
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD	$121,820	230
Cleveland, OH	$121,740	50
Ann Arbor, MI	$120,410	50
Richmond, VA	$118,610	160
Los Angeles-Long Beach-Anaheim, CA	$118,190	300
Ohio	$117,750	130
Cincinnati, OH-KY-IN	$117,750	50
Pittsburgh, PA	$116,880	70
Portland-Vancouver-Hillsboro, OR-WA	$116,880	160
Washington	$116,390	470
Kansas City, MO-KS	$115,520	150
Missouri	$115,520	210
Kansas	$115,100	110
Fort Collins-Loveland, CO	$114,960	30
Indianapolis-Carmel-Greenwood, IN	$114,070	40
Des Moines-West Des Moines, IA	$113,860	40
Salem, OR	$113,350	50
Pennsylvania	$113,300	710
Denver-Aurora-Centennial, CO	$112,990	140
Illinois	$112,790	590
Nashville-Davidson--Murfreesboro--Franklin, TN	$111,830	N/A
North Carolina	$111,770	250
Oregon	$111,660	270
Colorado	$111,540	230
Boston-Cambridge-Newton, MA-NH	$111,320	590
Tennessee	$110,320	N/A
Alaska	$108,960	N/A
Minneapolis-St. Paul-Bloomington, MN-WI	$108,230	150
Durham-Chapel Hill, NC	$108,020	N/A
Minnesota	$107,470	210
Texas	$106,200	620
Riverside-San Bernardino-Ontario, CA	$104,970	70
Miami-Fort Lauderdale-West Palm Beach, FL	$104,960	110
Alaska nonmetropolitan area	$104,900	50
Phoenix-Mesa-Chandler, AZ	$104,010	N/A

Frequently Asked Questions

What is the average salary for a Economists?

The national median annual salary for Economists is $115,440, according to Bureau of Labor Statistics data. This means half of workers in this occupation earn more, and half earn less.

Where do Economistss earn the most?

The highest-paying metro area for Economistss is New York-Newark-Jersey City, NY-NJ, with a median salary of $168,850.

How much can an experienced Economists make?

Top-earning Economistss (90th percentile) make $212,710 or more annually. This typically reflects workers with significant experience, specialized skills, or positions in high-paying regions.