An Economist earns an average salary of $73,495 per year. The skills that increase pay for this job the most are Data Modeling, Statistical Analysis, and Policy Analysis. Most people with this job move on to other positions after 20 years in this field. Experience strongly influences income for this job.
Economist Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$42,779 - $130,422
(Median)
43K
73K
100K
130K
MEDIAN: $73,495
10%
50%
75%
90%
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Economist Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$11.89 - $59.76
(Median)
12
24
32
60
MEDIAN: $24.00
10%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$42,779 - $130,422  
   
Bonus
$0.00 - $19,976  
Profit Sharing
$974 - $9,787  
Commission
$1,000 - $8,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,354 - $140,810  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 921
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$11.89 - $59.76  
   
Overtime
$0.00 - $51.68  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $19,976  
   
Commission
$1,000 - $8,500  
Profit Sharing
$974 - $9,787  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,354 - $140,810  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 921
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Job Description for Economist
Economists analyze government and economic data to predict and forecast economic trends in a region, country, or the entire world. They conduct research on various segments of an area's economy such as commodities, finance, labor, agriculture, and trade. After conducting the research, they use data complied in order to make forecasts and predictions concerning the state of the economy, and how to keep it growning and thriving.
Read More...
Economist Tasks
  • Compile reports and illustrations of research findings.
  • Devise methods for data collection, sampling, and processing in regard to finance, labor, agriculture, commodities, trade, etc.
  • Design and conduct research to identify trends, formulate forecast models.
  • Advise the government, agencies, corporations, and/or banks about the adoption of financial policies.
Read more about: Economists
Popular Skills for Economist
Pay by Experience Level for Economist
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
San Francisco
up arrow 39%
Seattle
up arrow 39%
Los Angeles
up arrow 27%
up arrow 12%
up arrow 2%
Houston
up arrow 2%
National Average
$73,000
Chicago
up arrow 2%
Atlanta
up arrow 3%
Denver
up arrow 11%
Portland
up arrow 25%
Salt Lake City
up arrow 27%
Philadelphia
up arrow 30%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Economist Salaries

National Average
$73,000

Skills That Affect Economist Salaries

Data Modeling
up arrow 15%
SAS
up arrow 6%
National Average
$73,000
Data Analysis
up arrow 1%
Financial Analysis
up arrow 5%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 217 votes.
Gender
Female
24%
female alumni
 
Male
76%
male alumni
Years of Experience
Less than 1 year
13%
1-4 years
44%
5-9 years
20%
10-19 years
13%
20 years or more
10%
Common Health Benefits
medical benefits Medical: 89% dental benefits Dental: 65%
vision benefits Vision: 50% employee benefits None: 9%
Find Out Exactly What You Should Be Paid
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