The salary statistics and trend of economists in the industry of state government, including schools and hospitals are shown in the following tables and chart. In Table 3 we compare economists salaries in different industries within the federal, state, and local government sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $44,490 |
| 25th Percentile Wage | $54,470 |
| 50th Percentile Wage | $68,120 |
| 75th Percentile Wage | $83,380 |
| 90th Percentile Wage | $99,160 |
Table 1 shows the average annual salaries for economists in the industry of state government, including schools and hospitals. 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 $99,160. The median annual salary (50th percentile) is $68,120. The average annual salary for the bottom 10 percent economists is $44,490.
The table and chart below show the trend of the median salary of economists in the industry of State government, including schools and hospitals from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $68,120 | 1.54% | 12.30% |
| 2016 | $67,070 | 3.09% | - |
| 2015 | $65,000 | 3.69% | - |
| 2014 | $62,600 | 1.41% | - |
| 2013 | $61,720 | 3.21% | - |
| 2012 | $59,740 | - | - |
The average salaries of economists in eight industries within the 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.
Back to: Salary of economists in the industry sector of federal, state, and local government.