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Economists Salary in Sector of Other Services (except Federal, State, and Local Government)

The salary statistics of economists in the industry sector of other services (except federal, state, and local government) are shown in Table 1. In Table 2 we compare economists salaries in different industries within the other services (except federal, state, and local government) sector.

Average Annual Salary of Economists

Percentile BracketAverage Annual Salary
10th Percentile Wage
$57,490
25th Percentile Wage
$72,970
50th Percentile Wage
$97,490
75th Percentile Wage
$126,180
90th Percentile Wage
$161,930

Table 1 shows the average annual salary for economists in the industry sector of other services (except federal, state, and local government). 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 $161,930. The median annual salary (50th percentile) is $97,490. The average annual salary for the bottom 10 percent paid economists is $57,490.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of economists in the industry sector of other services (except federal, state, and local government) from 2012 to 2017. Note that there is no salary data for some years between 2012 and 2017.

YearMedian Salary Growth5-Year Growth
2017
$97,490
-1.68% 16.90%
2016
$99,130
-8.23% -
2015
$107,290
24.49% -
2012
$81,010
- -

Compare Economists Salary in Different Industries within the Other Services (except Federal, State, and Local Government) Sector

The average salaries of economists in five industries in the other services (except federal, state, and local government) 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 labor unions and similar labor organizations industry with an annual salary $109,250. The lowest paying industry is the grantmaking and giving services industry (annual salary $93,090). For detailed economists salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Labor Unions and Similar Labor Organizations
$109,250
Business, Professional, Labor, Political, and Similar Organizations
$103,290
Religious, Grantmaking, Civic, Professional, and Similar Organizations
$97,490
Social Advocacy Organizations
$95,550
Grantmaking and Giving Services
$93,090

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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