Economists Salary in Sector of Finance and Insurance

The salary statistics of economists in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare economists salaries in different industries within the finance and insurance sector.

Average Annual Salary of Economists

Percentile BracketAverage Annual Salary
10th Percentile Wage
$66,990
25th Percentile Wage
$88,450
50th Percentile Wage
$121,920
75th Percentile Wage
$160,630
90th Percentile Wage
$197,390

Table 1 shows the average annual salary for economists in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) economists is $197,390. The median annual salary (50th percentile) is $121,920. The average annual salary for the bottom 10 percent paid economists is $66,990.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of economists in the industry sector of finance and insurance from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$121,920
-2.25% 9.30%
2016
$124,660
5.01% -
2015
$118,410
4.52% -
2014
$113,060
5.53% -
2013
$106,810
-3.53% -
2012
$110,580
- -

Compare Economists Salary in Different Industries within the Finance and Insurance Sector

The average salaries of economists in eleven industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for economists occupations is the credit intermediation and related activities industry with an annual salary $137,330. The lowest paying industry is the direct health and medical insurance carriers industry (annual salary $93,650). For detailed economists salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Credit Intermediation and Related Activities
$137,330
Credit Intermediation and Related Activities
$129,420
Other Financial Investment Activities
$125,620
Depository Credit Intermediation
$124,640
Monetary Authorities-Central Bank
$124,300
Monetary Authorities-Central Bank
$124,300
Securities and Commodity Contracts Intermediation and Brokerage
$113,310
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$110,740
Insurance Carriers and Related Activities
$101,920
Insurance Carriers
$96,900
Direct Health and Medical Insurance Carriers
$93,650

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




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Highest paying industries for economists.