The salary statistics and trend of economists in the industry of business, professional, labor, political, and similar organizations are shown in the following tables and chart. In Table 3 we compare economists salaries in different industries within the other services (except federal, state, and local government) sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $63,760 |
| 25th Percentile Wage | $78,620 |
| 50th Percentile Wage | $103,290 |
| 75th Percentile Wage | $125,560 |
| 90th Percentile Wage | $155,970 |
Table 1 shows the average annual salaries for economists in the industry of business, professional, labor, political, and similar organizations. 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 $155,970. The median annual salary (50th percentile) is $103,290. The average annual salary for the bottom 10 percent economists is $63,760.
The table and chart below show the trend of the median salary of economists in the industry of Business, Professional, Labor, Political, and Similar Organizations from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $103,290 | 5.03% | 7.78% |
| 2016 | $98,090 | 1.85% | - |
| 2015 | $96,280 | 5.30% | - |
| 2014 | $91,180 | -2.39% | - |
| 2013 | $93,360 | -2.02% | - |
| 2012 | $95,250 | - | - |
The average salaries of economists in five industries within the other services (except federal, state, and local government) 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 |
|---|---|
| Labor Unions and Similar Labor Organizations | |
| Business, Professional, Labor, Political, and Similar Organizations | |
| Religious, Grantmaking, Civic, Professional, and Similar Organizations | |
| Social Advocacy Organizations | |
| Grantmaking and Giving Services | |