National » Life, Physical, and Social Science » Economists » Federal, State, and Local Government

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
$53,400
25th Percentile Wage
$69,170
50th Percentile Wage
$95,250
75th Percentile Wage
$123,390
90th Percentile Wage
$153,700

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 $153,700. The median annual salary (50th percentile) is $95,250. The average annual salary for the bottom 10 percent paid economists is $53,400.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of economists in the industry sector of federal, state, and local government from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201695,2501.46%5.82%
201593,8602.48%-
201491,5301.38%-
201390,2700.62%-
201289,710--

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 $111,850. The lowest paying industry is the state government, including schools and hospitals industry (annual salary $67,070). For detailed economists salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Federal government, including USPS
$111,850
Federal Executive Branch (OES Designation)
$111,310
Federal, State, and Local Government (OES Designation)
$95,250
Public sector -- Federal, state, and local government, including government owned schools and hospit
$94,190
Local Government, excluding schools and hospitals (OES Designation)
$76,050
Local government, including schools and hospitals
$75,530
State Government, excluding schools and hospitals (OES Designation)
$69,170
State government, including schools and hospitals
$67,070

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].



Related:

Highest paying cities for economists

Highest paying industries for economists.