The annual salary statistics of economists in Los Angeles-Long Beach-Glendale, California is shown in Table 1. The wage data of economists in Los Angeles-Long Beach-Glendale 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 | $60,260 |
| 25th Percentile Wage | $97,690 |
| 50th Percentile Wage | $134,150 |
| 75th Percentile Wage | $187,320 |
| 90th Percentile Wage | $176,340 |
Table 1 shows the average annual salary for economists in Los Angeles-Long Beach-Glendale, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $176,340. The median (50th percentile) annual salary is $134,150. The average annual salary for the bottom 10 percent earners is $60,260.
The table and chart below show the trend of the median salary of economists from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $134,150 | -1.58% | 24.00% |
| 2016 | $136,270 | 0.81% | - |
| 2015 | $135,170 | 24.97% | - |
| 2014 | $101,420 | -7.24% | - |
| 2013 | $108,760 | 6.25% | - |
| 2012 | $101,960 | - | - |
From Table 3 we note that the median annual salary of $134,150 in Los Angeles-Long Beach-Glendale 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-Glendale is 11.0 percent (11.0%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 45.0 percent (45.0%) higher than that in the lowest paying Santa Barbara-Santa Maria-Goleta.