Economists Salary — US State Breakdown (2025)

BLS OES May 2025 · SOC 19-3011
$124,720
US median (annual)
$142,130
US mean (annual)
$67,360
10th percentile
$238,060
90th percentile

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US Salary Overview

The national median wage for economists in the United States is $124,720 per year (gross, before tax), based on BLS Occupational Employment and Wage Statistics (May 2025). Around 18,000 people are employed in this occupation nationally. UK data is not available for this occupation — the UK's SOC 2020 classification has no direct equivalent. Before interviews, many candidates work through interview preparation guides for this kind of role.

US Salary Percentiles

PercentileAnnual (gross)Notes
10th$67,360Entry level / lowest decile
25th$89,330Early career
50th (median)$124,720Typical pay
75th$174,720Experienced
90th$238,060Senior / highest decile

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Median Salary by State

StateMedian salaryMean salaryEmployment
District of Columbia $167,590 $175,100 3,000
New Jersey $167,550 $161,990 280
Delaware $159,120 $149,020 70
Maryland $144,680 $146,600 1,000
Kansas $138,790 $150,950 80
Virginia $137,590 $144,880 950
New York $136,660 $168,580 910
North Carolina $136,150 $136,220 290
Idaho $131,270 $119,930 130
Alabama $129,960 $127,060 40
Georgia $122,570 $131,680 260
Oregon $122,120 $116,410 320
Texas $121,420 $135,080 560
Colorado $121,410 $127,020 240
Ohio $120,000 $132,380 140
California $119,410 $133,680 860
Tennessee $117,650 $123,810 80
Missouri $117,010 $134,000 280
Pennsylvania $115,000 $117,370 560
Alaska $111,040 $121,300 80
Washington $109,300 $120,550 450
Massachusetts $106,380 $133,270 1,000
Michigan $106,350 $117,980 320
Minnesota $105,120 $117,980 500
Florida $102,430 $113,290 500
Connecticut $101,400 $112,760 210
Iowa $96,310 $102,020 70
Arkansas $91,560 $94,330 50
Maine $91,480 $97,410 70
Nevada $91,340 $96,620 70
Oklahoma $89,980 $111,010 80
Montana $89,340 $97,330 90
New Hampshire $86,130 $98,080 50
Wisconsin $84,000 $91,630 280
Hawaii $83,050 $89,520 50
Indiana $80,750 $96,780 80
Arizona $79,610 $99,420 340
Nebraska $75,880 $86,280 90
Louisiana $73,050 $89,010 140
Kentucky $71,400 $83,920 100
Puerto Rico $70,750 $72,570 100
Salary data is sourced from BLS OES May 2025. Figures represent gross pay before tax. This page is for reference only.

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Negotiating the offer? A salary negotiation guide helps you anchor to the percentiles above.

Data: BLS OES, May 2025 · Page built 2026-07-18