The average salary for an Economic Analyst is $62,011.
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What Do Economic Analysts Do?
An economic analyst is someone who is hired to research relevant trends in business. The economic analyst then offers forecasts, suggestions, and advice to a company, public body, or elected official. This advice is based upon observed trends and sound analytical principles. Economic analysts can help privately held corporations and financial institutions make decisions about purchasing and investing. An analyst in the public sector can help advise legislators and executives on the best course t…Read more
Economic Analyst Tasks
- Analyze and interpret data and statistics to make recommendations and build predictive models.
- Identify, define, and track key variables for the organization, and explain their importance to key personnel.
- Write, review, and contribute to reports and fact checking.
- Construct and manipulate quality control and document databases.
Job Satisfaction for Economic Analyst
Popular Employer Salaries for Economic Analyst
Economic Analyst Job Listings
What Are Popular Skills for Economic Analysts?
Skills in Data Modeling are correlated to pay that is above average. Skills that pay less than market rate include Research Analysis, Statistical Analysis, Microsoft Excel and Data Analysis.
What is the Pay by Experience Level for Economic Analysts?
An entry-level Economic Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $53,592 based on 43 salaries. An early career Economic Analyst with 1-4 years of experience earns an average total compensation of $60,749 based on 116 salaries. A mid-career Economic Analyst with 5-9 years of experience earns an average total compensation of $76,892 based on 32 salaries. An experienced Economic Analyst with 10-19 years of experience earns an average total compensation of $91,000 based on 16 salaries.
Pay Difference by Location
Employees with Economic Analyst in their job title in Atlanta, Georgia earn an average of 32.8% more than the national average. These job titles also find higher than average salaries in Washington, District of Columbia (15.1% more) and Los Angeles, California (12.9% more). The lowest salaries can be found in Chicago, Illinois (7.4% less) and Boston, Massachusetts (3.4% less).
Years of Experience
This data is based on 207 survey responses.