Economists Salary in U.S.
SOC 19-3011 · National · 2024 BLS OEWS
The median salary for a Economists in U.S. is $115,440 per year as of 2024. That works out to roughly $55.50 per hour. 15,880 people work as Economists in U.S.. Wages have grown 21% since 2014, when the median was $95,710.
Median Annual Salary
$115,440
Mean Annual
$130,910
Median Hourly
$55.50
Total Employed
15,880
Salary Distribution
$62k
10th
$82k
25th
$115k
Median
$166k
75th
$213k
90th
Salary by Industry
| Industry | Median Annual |
|---|---|
| Oil and Gas Extraction | $222,980 |
| Mining, Quarrying, and Oil and Gas Extraction | $222,980 |
| Oil and Gas Extraction | $222,980 |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services | $213,290 |
| Monetary Authorities-Central Bank | $200,980 |
| Monetary Authorities-Central Bank | $200,980 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities | $200,660 |
| Credit Intermediation and Related Activities (5221 and 5223 only) | $184,380 |
| Credit Intermediation and Related Activities | $173,600 |
| Finance and Insurance | $165,960 |
| Computer Systems Design and Related Services | $149,980 |
| Nondepository Credit Intermediation | $142,840 |
| Other Nondepository Credit Intermediation | $142,840 |
| Federal Government, including the U.S. Postal Service (OEWS Designation) | $141,590 |
| Federal Executive Branch (OEWS Designation) | $141,590 |
| Transportation and Warehousing | $141,190 |
| Postal Service (Federal Government) | $138,510 |
| Postal Service (Federal Government) | $138,510 |
| Research and Development in the Physical, Engineering, and Life Sciences | $136,680 |
| Manufacturing | $135,180 |
| Management of Companies and Enterprises | $135,100 |
| Management of Companies and Enterprises | $135,100 |
| Management of Companies and Enterprises | $135,100 |
| Utilities | $130,400 |
| Utilities | $130,400 |
| Electric Power Generation, Transmission and Distribution | $130,400 |
| Scientific Research and Development Services | $129,430 |
| Research and Development in the Social Sciences and Humanities | $129,280 |
| Cross-industry, Private Ownership only | $121,820 |
| Wholesale Trade | $121,530 |
| Employment Services | $120,470 |
| Professional, Scientific, and Technical Services | $113,300 |
| Professional, Scientific, and Technical Services | $113,300 |
| Federal, State, and Local Government, excluding State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $113,030 |
| Federal, State, and Local Government, excluding State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $113,030 |
| Federal, State, and Local Government, including State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $112,360 |
| Business, Professional, Labor, Political, and Similar Organizations | $108,540 |
| Offices of Physicians | $107,780 |
| Ambulatory Health Care Services | $107,780 |
| Health Care and Social Assistance | $107,780 |
| Colleges, Universities, and Professional Schools | $107,290 |
| Other Professional, Scientific, and Technical Services | $105,040 |
| Management, Scientific, and Technical Consulting Services | $102,450 |
| Insurance Carriers and Related Activities | $102,180 |
| Insurance Carriers | $102,180 |
| Direct Health and Medical Insurance Carriers | $101,290 |
| Other Services (except Public Administration) | $100,900 |
| Religious, Grantmaking, Civic, Professional, and Similar Organizations | $100,900 |
| Grantmaking and Giving Services | $97,250 |
| Educational Services | $93,580 |
| Local Government, excluding Schools and Hospitals (OEWS Designation) | $92,440 |
| Engineering Services | $92,270 |
| Architectural, Engineering, and Related Services | $92,270 |
| Local Government, including Schools and Hospitals (OEWS Designation) | $91,970 |
| Social Assistance | $90,590 |
| Administrative and Support Services | $90,460 |
| Administrative and Support and Waste Management and Remediation Services | $90,460 |
| Social Advocacy Organizations | $89,900 |
| Information | $87,040 |
| Educational Services | $87,020 |
| Office Administrative Services | $82,680 |
| State Government, including Schools and Hospitals (OEWS Designation) | $75,710 |
| State Government, excluding Schools and Hospitals (OEWS Designation) | $74,520 |
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $115,440 |
| 2023 | $115,730 |
| 2022 | $113,940 |
| 2021 | $105,630 |
| 2020 | $108,350 |
| 2019 | $105,020 |
| 2018 | $104,340 |
| 2017 | $102,490 |
| 2016 | $101,050 |
| 2015 | $99,180 |
| 2014 | $95,710 |
Related Life, Physical, and Social Science Occupations Jobs in U.S.
Other occupations in the same group, sorted by salary.
| Physicists | $166,290 |
| Political Scientists | $139,380 |
| Astronomers | $132,170 |
| Physical Scientists, All Other | $117,960 |
| Psychologists, All Other | $117,580 |
| Industrial-Organizational Psychologists | $109,840 |