Economists Wages
SOC 19-3011 • Full occupation profile
The median annual wage for Economists is $115,730 nationally (2023 BLS OEWS). The 10th percentile is $62,520 and the 90th percentile is $216,900, showing the wide spread of wages in this occupation.
National Wage Distribution (2023)
Employment
16,420
P10
$62,520
P25
$82,330
Median
$115,730
P75
$166,070
P90
$216,900
National Wage Trend
How national median and mean wages for Economists have moved across BLS OEWS release years.
| Year | Median | Mean | P10 | P90 | Employment | YoY Median |
|---|---|---|---|---|---|---|
| 2023 | $115,730 | $132,650 | $62,520 | $216,900 | 16,420 | — |
| 2022 | $113,940 | $128,180 | $62,480 | $207,230 | 16,370 | -1.55% |
| 2021 | $105,630 | $120,830 | $62,460 | $193,690 | 15,640 | -7.29% |
| 2020 | $108,350 | $120,880 | $59,220 | $198,230 | 17,520 | +2.58% |
Wages by State (2023)
State-level OEWS wage estimates for Economists. The highest median is in District of Columbia at $158,830, 37% above the U.S. median.
| Area | Median Annual | vs National | Mean Annual | Employment |
|---|---|---|---|---|
| District of Columbia | $158,830 | +37.2% | $163,540 | 3,290 |
| Virginia | $141,190 | +22% | $145,070 | 1,080 |
| Massachusetts | $134,750 | +16.4% | $139,720 | 580 |
| Maryland | $134,410 | +16.1% | $136,370 | 900 |
| Oklahoma | $126,160 | +9% | $111,420 | — |
| Texas | $116,870 | +1% | $131,480 | 710 |
| Connecticut | $110,530 | -4.5% | $123,160 | 250 |
| Kansas | $110,390 | -4.6% | $112,450 | 80 |
| Missouri | $109,890 | -5% | $127,900 | 200 |
| Ohio | $108,330 | -6.4% | $117,170 | 200 |
| Iowa | $108,210 | -6.5% | $96,720 | 60 |
| California | $105,950 | -8.5% | $133,790 | 1,570 |
| Washington | $105,790 | -8.6% | $113,280 | 370 |
| Illinois | $105,430 | -8.9% | $119,870 | 670 |
| Colorado | $105,060 | -9.2% | $106,040 | 200 |
| Oregon | $104,530 | -9.7% | $108,110 | 240 |
| Louisiana | $102,150 | -11.7% | $109,520 | 50 |
| Alabama | $100,970 | -12.8% | $108,660 | 40 |
| Alaska | $99,990 | -13.6% | $101,560 | — |
| Arizona | $98,740 | -14.7% | $99,330 | 150 |
| Pennsylvania | $97,860 | -15.4% | $107,510 | 420 |
| New Jersey | $97,760 | -15.5% | $103,550 | 130 |
| Minnesota | $97,020 | -16.2% | $107,440 | 230 |
| North Carolina | $95,360 | -17.6% | $109,770 | — |
| Montana | $93,870 | -18.9% | $99,020 | 60 |
| Utah | $89,270 | -22.9% | $96,060 | 60 |
| Hawaii | $88,540 | -23.5% | $100,850 | 60 |
| Florida | $87,500 | -24.4% | $104,730 | 480 |
| Wisconsin | $82,330 | -28.9% | $79,270 | 630 |
| Tennessee | $81,640 | -29.5% | $93,070 | 160 |
| Maine | $79,290 | -31.5% | $88,040 | 50 |
| New Mexico | $74,800 | -35.4% | $79,220 | 110 |
| Nevada | $72,590 | -37.3% | $80,060 | 50 |
| Arkansas | $72,470 | -37.4% | $79,220 | 90 |
| Kentucky | $70,800 | -38.8% | $82,000 | 170 |
| Nebraska | $65,000 | -43.8% | $72,540 | 80 |
| Idaho | $53,870 | -53.5% | $66,610 | 140 |
| South Carolina | $45,030 | -61.1% | $53,680 | 430 |
| Georgia | — | — | — | 420 |
| Michigan | — | — | — | 500 |