National » Economists » New Jersey

Economists Salary Information in New Jersey

The average annual and hourly salaries for economists in the state of New Jersey are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of economists among New Jersey areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Economists in New Jersey

Percentile BracketAverage Annual Salary
10th Percentile Wage
$57,760
25th Percentile Wage
$71,010
50th Percentile Wage
$91,000
75th Percentile Wage
$112,810
90th Percentile Wage
$173,220

Table 1 shows the average annual salary for economists in New Jersey in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $173,220. The median (50th percentile) annual salary is $91,000. The average annual salary for the bottom 10 percent is $57,760.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of economists from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$91,000
0.37% -4.29%
2016
$90,660
1.05% -
2015
$89,710
3.51% -
2014
$86,560
-10.54% -
2013
$95,680
0.82% -
2012
$94,900
- -

Table 3. Median Annual Salary of Economists in New Jersey Cities

Table 3 shows the median annual salary of economists in some New Jersey cities and metropolitan areas. We note that the median annual salary of economists in state of New Jersey ranges from $78,150 to $88,220. The highest paying area for economists in New Jersey is Edison-New Brunswick with a median annual salary of $88,220. The lowest paying area is Trenton-Ewing with a median annual salary of $78,150.

Cities/Areas Median Annual Salary
Edison-New Brunswick
$88,220
Trenton-Ewing
$78,150




Related:

💰 Highest paying cities for economists

💰 Highest paying industries for economists.