The annual salary statistics of economists in Los Angeles-Long Beach-Anaheim, California is shown in Table 1. The wage statistics of economists in Los Angeles-Long Beach-Anaheim is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $66,440 |
| 25th Percentile Wage | $78,920 |
| 50th Percentile Wage | $137,820 |
| 75th Percentile Wage | $185,030 |
| 90th Percentile Wage | $225,720 |
Table 1 shows the average annual salary for economists in Los Angeles-Long Beach-Anaheim, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $225,720. The median (50th percentile) annual salary is $137,820. The average annual salary for the bottom 10 percent earners is $66,440.
The table and chart below show the trend of the median salary of economists from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $137,820 | 5.38% | 6.43% |
| 2021 | $130,400 | 0.69% | - |
| 2020 | $129,500 | 2.63% | - |
| 2019 | $126,100 | 4.04% | - |
| 2018 | $121,010 | -7.02% | - |
| 2017 | $129,500 | 0.42% | - |
| 2016 | $128,960 | 6.65% | - |
| 2015 | $120,380 | -7.13% | - |
| 2012 | $128,960 | - | - |
From Table 3 we note that the median annual salary of $137,820 in Los Angeles-Long Beach-Anaheim is in the middle of salary range for economists in state of California. In comparison, the annual salary of economists in Los Angeles-Long Beach-Anaheim is 8.5 percent (8.5%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 46.4 percent (46.4%) higher than that in the lowest paying Santa Barbara-Santa Maria-Goleta.