Economists pay in the United States
In the U.S., the median pay for economists is $59.96 an hour ($124,720 a year). About 17,790 people work in this job there.
Pay range for economists in the U.S.
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $32.38 | $67,360 |
| 25% of workers | $42.95 | $89,330 |
| Half of workers (median) | $59.96 | $124,720 |
| 75% of workers | $84.00 | $174,720 |
| 90% of workers | $114.45 | $238,060 |
Best-paying states for economists
| State | Median yearly pay | People in this job |
|---|---|---|
| District of Columbia | $167,590 | 3,000 |
| New Jersey | $167,550 | 280 |
| Delaware | $159,120 | 70 |
| Maryland | $144,680 | 1,130 |
| Kansas | $138,790 | 80 |
| Virginia | $137,590 | 950 |
| New York | $136,660 | 910 |
| North Carolina | $136,150 | 290 |
| Idaho | $131,270 | 130 |
| Alabama | $129,960 | 40 |
Pay by state
- California · $119,410
- District of Columbia · $167,590
- Florida · $102,430
- Maryland · $144,680
- Massachusetts · $106,380
- Minnesota · $105,120
- New York · $136,660
- Pennsylvania · $115,000
- Texas · $121,420
- Virginia · $137,590
Education, experience and outlook for economists
- Typical education to start: Master's degree (BLS)
- Job outlook: +4.7% over ten years, about as fast as average · about 1,100 openings a year (BLS)
Related jobs in the U.S.
| Job | Median yearly pay |
|---|---|
| Clinical and Counseling Psychologists | $100,580 |
| School Psychologists | $95,990 |
| Urban and Regional Planners | $89,320 |
| Social Scientists and Related Workers, All Other | $101,110 |
| Psychologists, All Other | $110,840 |
| Anthropologists and Archeologists | $70,770 |
| Survey Researchers | $69,460 |
| Political Scientists | $142,080 |
Other job titles for this job
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Post a job freeFind jobsCheck pay for any jobSource: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.