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Economists Salary in Sector of Federal, State, and Local Government

The salary statistics of economists in the industry sector of federal, state, and local government are shown in Table 1. In Table 2 we compare economists salaries in different industries within the federal, state, and local government sector.

Average Annual Salary of Economists

Percentile BracketAverage Annual Salary
10th Percentile Wage
$56,580
25th Percentile Wage
$74,400
50th Percentile Wage
$100,650
75th Percentile Wage
$129,900
90th Percentile Wage
$161,820

Table 1 shows the average annual salary for economists in the industry sector of federal, state, and local government. 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 $161,820. The median annual salary (50th percentile) is $100,650. The average annual salary for the bottom 10 percent paid economists is $56,580.

Median salary trend (2012 to 2018)

The table and chart below show the trend of the median salary of economists in the industry sector of federal, state, and local government from 2012 to 2018.

YearMedian SalaryYearly Growth6-Year Growth
2018
$100,650
2.68% 10.87%
2017
$97,950
2.76% -
2016
$95,250
1.46% -
2015
$93,860
2.48% -
2014
$91,530
1.38% -
2013
$90,270
0.62% -
2012
$89,710
- -

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].


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