The salary statistics of economists in the industry sector of professional, scientific, and technical services are shown in Table 1. In Table 2 we compare economists salaries in different industries within the professional, scientific, and technical services sector.
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage||$59,810|
|25th Percentile Wage||$80,400|
|50th Percentile Wage||$108,780|
|75th Percentile Wage||$152,210|
|90th Percentile Wage||$205,470|
Table 1 shows the average annual salary for economists in the industry sector of professional, scientific, and technical services. 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 $205,470. The median annual salary (50th percentile) is $108,780. The average annual salary for the bottom 10 percent paid economists is $59,810.
The table and chart below show the trend of the median salary of economists in the industry sector of professional, scientific, and technical services from 2012 to 2017.
|Year||Median Salary||Yearly Growth||5-Year Growth|
The average salaries of economists in ten industries in the professional, scientific, and technical services 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 legal services industry with an annual salary $152,100. The lowest paying industry is the other professional, scientific, and technical services industry (annual salary $100,080). For detailed economists salary information in a particular industry, use the links provided below.
|Industry Name||Median Annual Salary|
|Legal Services|| |
|Research and Development in the Physical, Engineering, and Life Sciences|| |
|Architectural, Engineering, and Related Services|| |
|Engineering Services|| |
|Computer Systems Design and Related Services|| |
|Scientific Research and Development Services|| |
|Professional, Scientific, and Technical Services|| |
|Management, Scientific, and Technical Consulting Services|| |
|Research and Development in the Social Sciences and Humanities|| |
|Other Professional, Scientific, and Technical Services|| |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 .