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Economists Salary in the Industry of Scientific Research and Development Services

The salary statistics and trend of economists in the industry of scientific research and development services are shown in the following tables and chart. In Table 3 we compare economists salaries in different industries within the professional, scientific, and technical services sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$59,040
25th Percentile Wage
$78,070
50th Percentile Wage
$109,010
75th Percentile Wage
$150,830
90th Percentile Wage
$196,230

Table 1 shows the average annual salaries for economists in the industry of scientific research and development services. 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 $196,230. The median annual salary (50th percentile) is $109,010. The average annual salary for the bottom 10 percent economists is $59,040.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of economists in the industry of Scientific Research and Development Services from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$109,010
6.43% 13.19%
2016
$102,000
6.17% -
2015
$95,710
3.36% -
2014
$92,490
0.10% -
2013
$92,400
-2.41% -
2012
$94,630
- -

Table 3. Compare Economists Salary in Different Industries within the Professional, Scientific, and Technical Services Sector

The average salaries of economists in ten industries within the professional, scientific, and technical services sector are shown in Table 3. For salary information of economists in a specific industry, use the links in the table.

Industry Median Annual Salary
Legal Services
$152,100
Research and Development in the Physical, Engineering, and Life Sciences
$123,600
Architectural, Engineering, and Related Services
$115,050
Engineering Services
$114,940
Computer Systems Design and Related Services
$109,820
Scientific Research and Development Services
$109,010
Professional, Scientific, and Technical Services
$108,780
Management, Scientific, and Technical Consulting Services
$106,710
Research and Development in the Social Sciences and Humanities
$106,700
Other Professional, Scientific, and Technical Services
$100,080

Back to: Salary of economists in the industry sector of professional, scientific, and technical services.


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