Economists Average Salary in USA, 2024

How Much Does Economists Make in the USA?

The average annual salary for Economists in the USA is $101,232.04, equivalent to an hourly rate of $48.67.

What Economists Do in Their Daily Jobs?

Economists are professionals who study and analyze the production, distribution, and consumption of goods and services.

They use their understanding of economic principles to provide insights into how individuals, businesses, and governments make decisions and allocate resources.

Economists also conduct research and develop economic models to forecast trends and evaluate the impact of policies and events on the economy.

Their work helps to inform decision-making in areas such as finance, trade, and public policy, and their expertise is invaluable in understanding and addressing global economic challenges.

Explore Different Salaries by Seniority and Average Percentiles

Gain insights into income distributions with this visualization of average salaries across various states in the United States.

It's essential to acknowledge that the absence of data in certain instances leads to the creation of zero-value buckets, impacting the representation of seniority and percentiles.

Furthermore, variations in average salaries among different states can result in peculiar aggregations. This anomaly is a reflection of the diverse economic conditions, workforce structures, and available data across states.

Salary of Economists in every US state

District of Columbia
$151,860.80
New York
$144,788.80
Illinois
$141,460.80
California
$137,092.80
Massachusetts
$130,457.60
Oregon
$126,276.80
Virginia
$125,923.20
Maryland
$125,278.40
Alabama
$120,536.00
New Hampshire
$118,289.60
Ohio
$112,153.60
Texas
$111,737.60
Connecticut
$108,950.40
Missouri
$106,579.20
Kansas
$103,604.80
Pennsylvania
$102,689.60
Idaho
$102,315.20
Washington
$101,899.20
Montana
$101,795.20
Colorado
$101,587.20
Minnesota
$100,380.80
Oklahoma
$100,152.00
Alaska
$98,030.40
Florida
$96,220.80
New Jersey
$94,161.60
Hawaii
$93,787.20
Indiana
$89,856.00
Arizona
$89,523.20
Utah
$88,732.80
Kentucky
$88,296.00
Tennessee
$82,014.40
South Carolina
$80,537.60
Nevada
$78,769.60
Arkansas
$78,395.20
New Mexico
$77,438.40
North Carolina
$73,611.20
Wisconsin
$72,737.60
Vermont
$72,300.80
Nebraska
$71,364.80
Puerto Rico
$47,694.40