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Economists Salary in Sector of Federal, State, and Local Government

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

Average Annual Salary of Economists

Percentile BracketAverage Annual Salary
10th Percentile Wage
$54,960
25th Percentile Wage
$70,620
50th Percentile Wage
$97,950
75th Percentile Wage
$126,340
90th Percentile Wage
$158,130

Table 1 shows the average annual salary for economists in the industry sector of 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 $158,130. The median annual salary (50th percentile) is $97,950. The average annual salary for the bottom 10 percent paid economists is $54,960.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of economists in the industry sector of federal, state, and local government from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$97,950
2.76% 8.41%
2016
$95,250
1.46% -
2015
$93,860
2.48% -
2014
$91,530
1.38% -
2013
$90,270
0.62% -
2012
$89,710
- -

Compare Economists Salary in Different Industries within the Federal, State, and Local Government Sector

The average salaries of economists in eight industries in the 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 federal government, including usps industry with an annual salary $114,040. The lowest paying industry is the state government, including schools and hospitals industry (annual salary $68,120). For detailed economists salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Federal government, including USPS
$114,040
Federal Executive Branch (OES Designation)
$113,950
Federal, State, and Local Government (OES Designation)
$97,950
Public sector -- Federal, state, and local government, including government owned schools and hospit
$95,690
Local Government, excluding schools and hospitals (OES Designation)
$78,930
Local government, including schools and hospitals
$78,590
State Government, excluding schools and hospitals (OES Designation)
$70,390
State government, including schools and hospitals
$68,120

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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