The annual salary statistics of economists in Hartford-West Hartford-East Hartford, Connecticut is shown in Table 1. The wage data of economists in Hartford-West Hartford-East Hartford 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 | $67,700 |
| 25th Percentile Wage | $82,600 |
| 50th Percentile Wage | $97,040 |
| 75th Percentile Wage | $119,450 |
| 90th Percentile Wage | $150,510 |
Table 1 shows the average annual salary for economists in Hartford-West Hartford-East Hartford, Connecticut in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $150,510. The median (50th percentile) annual salary is $97,040. The average annual salary for the bottom 10 percent earners is $67,700.
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 | $97,040 | -8.33% | 7.53% |
| 2021 | $105,120 | 14.36% | - |
| 2020 | $90,020 | 2.16% | - |
| 2019 | $88,080 | -3.54% | - |
| 2018 | $91,200 | -4.82% | - |
| 2017 | $95,600 | 1.80% | - |
| 2016 | $93,880 | 7.25% | - |
| 2015 | $87,070 | 2.60% | - |
| 2014 | $84,810 | -6.00% | - |
| 2013 | $89,900 | 0.19% | - |
| 2012 | $89,730 | - | - |
From Table 3 we note that with a median annual salary of $97,040, Hartford-West Hartford-East Hartford is the lowest paying city for economists in state of Connecticut, following city of Bridgeport-Stamford-Norwalk (median annual salary of $172,980). Also we note that in comparison, the annual salary of economists in Hartford-West Hartford-East Hartford is about 43.9 percent (43.9%) lower than that of the highest paying city Bridgeport-Stamford-Norwalk.
| Cities/Areas | Median Annual Salary |
|---|---|
| Bridgeport-Stamford-Norwalk | |
| New Haven | |
| Hartford-West Hartford-East Hartford |