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SOC 19-3011 · May 2025 · United States

Economists

National figures, with pay broken out by state and metro area

$124,720 /year
$59.96per hour
17,790jobs nationwide
40states with data

The median wage for Economists across the United States is $124,720 per year, measured over 17,790 jobs. The highest state median is in District of Columbia, at $167,590.

National wage distribution · annual

Shaded band holds the middle 50% of earners

10TH$67,36025TH$89,330MEDIAN$124,72075TH$174,72090TH$238,060

Where the pay is highest for Economists

Pay for this occupation varies by 134.7% between the highest and lowest paying states with published data. District of Columbia pays $167,590 and Kentucky pays $71,400.

Top-paying states · median annual wage · May 2025
#StateMedianJobsRelative
1District of Columbia$167,5903,000
2New Jersey$167,550280
3Delaware$159,12070
4Maryland$144,6801,130
5Kansas$138,79080
6Virginia$137,590950
7New York$136,660910
8North Carolina$136,150290
9Idaho$131,270130
10Alabama$129,96040

States with the most Economists jobs

States ranked by employment · May 2025
#StateJobsMedianRelative
1District of Columbia3,000$167,590
2Maryland1,130$144,680
3Massachusetts1,030$106,380
4Virginia950$137,590
5New York910$136,660
6California860$119,410
7Pennsylvania560$115,000
8Texas560$121,420
9Florida500$102,430
10Minnesota500$105,120

Top-paying metro areas

Metro areas ranked by median annual wage
#Metro areaMedianJobs
1New York$176,090850
2Washington$156,7504,570
3Baltimore$152,730110
4Durham$152,130120
5Los Angeles$151,510200
6San Francisco$142,400200
7Philadelphia$139,530220
8Indianapolis$138,26030
9Jacksonville$136,99030
10St. Louis$132,63090

Source and methodology

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.

Economists Salary in the US (2025): $124,720 Median | Salary Explorer