National » Economists » New York-Northern New Jersey-Long Island, NY

Economists Salary in New York-Northern New Jersey-Long Island, New York

The annual salary statistics of economists in New York-Northern New Jersey-Long Island, New York is shown in Table 1. The wage information of economists in New York-Northern New Jersey-Long Island is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].

Table 1. Annual Salary of Economists in New York-Northern New Jersey-Long Island, New York

Percentile Bracket	Average Annual Salary
10th Percentile Wage	$31,280
25th Percentile Wage	$80,380
50th Percentile Wage	$134,140
75th Percentile Wage	$213,700
90th Percentile Wage	No Data

Table 1 shows the average annual salary for economists in New York-Northern New Jersey-Long Island, New York in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $213,700. The median (50th percentile) annual salary is $134,140. The average annual salary for the bottom 10 percent earners is $31,280.

Median salary trend (2012 to 2022)

The table and chart below show the trend of the median salary of economists from 2012 to 2022.

Year	Median Salary	Yearly Growth	10-Year Growth
2022	$134,140	-13.22%	23.74%
2021	$151,880	19.65%	-
2020	$122,040	6.00%	-
2019	$114,720	7.17%	-
2018	$106,490	-3.73%	-
2017	$110,460	-7.75%	-
2016	$119,020	-2.80%	-
2015	$122,350	3.83%	-
2014	$117,670	4.25%	-
2013	$112,670	9.20%	-
2012	$102,300	-	-

Table 2. Compare Economists Salary in New York-Northern New Jersey-Long Island with Other New York Cities

From Table 3 we note that with a median annual salary of $134,140, New York-Northern New Jersey-Long Island is the highest paying city for economists in state of New York, followed by New York-White Plains-Wayne (median annual salary $121,140). In comparison, the median annual salary of economists in New York-Northern New Jersey-Long Island is 9.7 percent (9.7%) higher than that in New York-White Plains-Wayne.

Cities/Areas	Median Annual Salary
New York-Northern New Jersey-Long Island	$134,140
New York-White Plains-Wayne	$121,140
Rochester	$99,180
Buffalo-Niagara Falls	$91,190
Syracuse	$91,060
Albany-Schenectady-Troy	$80,520