The salary statistics and trend of economists in the industry of colleges, universities, and professional schools are shown in the following tables and chart. In Table 3 we compare economists salaries in different industries within the educational services sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $33,960 |
| 25th Percentile Wage | $46,460 |
| 50th Percentile Wage | $62,380 |
| 75th Percentile Wage | $94,490 |
| 90th Percentile Wage | $140,580 |
Table 1 shows the average annual salaries for economists in the industry of colleges, universities, and professional schools. 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 $140,580. The median annual salary (50th percentile) is $62,380. The average annual salary for the bottom 10 percent economists is $33,960.
The table and chart below show the trend of the median salary of economists in the industry of Colleges, Universities, and Professional Schools from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $62,380 | 0.22% | 4.63% |
| 2016 | $62,240 | -7.90% | - |
| 2015 | $67,160 | 4.06% | - |
| 2014 | $64,430 | 9.02% | - |
| 2013 | $58,620 | -1.48% | - |
| 2012 | $59,490 | - | - |
The average salaries of economists in eleven industries within the educational services sector are shown in Table 3. For salary information of economists in a specific industry, use the links in the table.
Back to: Salary of economists in the industry sector of educational services.