Median pay for Economists with Statistical Analysis skills lies in the neighborhood of $79K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. The majority of workers are highly satisfied with their job. Male Economists with Statistical Analysis skills are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. The information for this snapshot was generated by responses to the PayScale salary survey.

$45,108 - $142,276
(Median)
$45K
$79K
$140K
MEDIAN: $79,061
10%
50%
90%

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$25.21 - $32.89
(Median)
$
$30
$
MEDIAN: $29.00
50%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$45,108 - $142,276  
   
Bonus
$582 - $29,361  
Profit Sharing
$13,000  
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).
)
$45,669 - $152,270  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 191
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30$60$90
Hourly Rate
$29.65  
   
Overtime
$27.04  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Bonus
$582 - $29,361  
   
Profit Sharing
$13,000  
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).
)
$45,669 - $152,270  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 6
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Pay by Experience Level for Economist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Economists with Statistical Analysis skills with a lot of experience tend to enjoy higher earnings. Survey participants with less than five years' experience pocket $65K on average, but those with five to 10 years of experience enjoy a much bigger median of $93K. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $105K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $123K on average.

Pay Difference by Location

National Average: $79,229

Larger city markers indicate a job is popular in that location.

Economists with Statistical Analysis skills will find that Washington offers an impressive pay rate, one which exceeds the national average by 31 percent. Economists with Statistical Analysis skills will also find cushy salaries in San Francisco (+27 percent) and New York (+3 percent). The smallest paychecks in the market, 20 percent south of the national average, can be found in Chicago.

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Experience Affects Economist Salaries

Late-Career
up arrow 55%

Experienced
up arrow 33%

Mid-Career
up arrow 17%

National Average
$79,000

Entry-Level
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

Less than 1 year
17%
1-4 years
38%
5-9 years
21%
10-19 years
19%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 75%
medical benefits
Vision: 65%
dental benefits
None: 8%
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