Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2024 estimates

Economists

Illustration of a laboratory bench with beakers, a microscope, and scientific charts

SOC code 19-3011 · Life, Physical, and Social Science Occupations

National employment
17,790
Mean annual wage
$142,130
Mean hourly wage
$68.33
Median annual wage
$124,720
Median hourly wage
$59.96

Wage percentiles

PercentileAnnual wageHourly wage
10th percentile$67,360$32.38
25th percentile$89,330$42.95
50th percentile (median)$124,720$59.96
75th percentile$174,720$84.00
90th percentile$238,060$114.45

See where a wage ranks

Estimate only, based on linear interpolation between this occupation's BLS OEWS reported percentiles above.

Wages by state (May 2024)

State-level employment and wage estimates for Economists (SOC 19-3011), from the U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) State estimates, May 2024. Data available for 42 of 51 states/DC for this occupation.

StateEmploymentMean annualMedian annual10th pctl annual25th pctl annual75th pctl annual90th pctl annual
Alabama40$114,850$103,400$59,950$83,810$136,200$161,110
Alaska—$123,410$108,960$64,830$87,330$133,190$174,970
Arizona—$98,750$96,390$65,000$75,380$119,790$127,520
Arkansas60——————
California1,400$125,570$100,510$71,260$84,580$157,970$193,500
Colorado230$112,980$111,540$66,260$80,660$138,360$169,210
Connecticut200$113,300$103,200$72,910$84,460$133,250$163,220
District of Columbia3,010$163,820$162,610$84,390$117,960$191,880—
Florida460$109,420$89,250$55,390$72,170$132,160$170,850
Georgia340$141,820$127,220$81,630$109,260$167,860$222,120
Hawaii60$94,810$81,740$63,130$72,810$109,740$149,760
Idaho110$83,550$78,770$39,540$41,890$117,360$136,400
Illinois590$128,330$112,790$66,930$82,210$150,900$225,440
Indiana60$104,400$95,830$54,350$64,470$138,440$162,980
Iowa70$101,090$92,750$52,700$61,450$133,130$137,590
Kansas110$114,280$115,100$67,580$103,680$131,910$150,690
Kentucky160$73,910$65,470$41,040$51,210$78,820$120,640
Louisiana70$110,960$89,010$56,540$64,970$132,270$208,330
Maine60$88,250$80,670$62,110$66,110$100,240$127,240
Maryland920$138,830$137,610$80,970$105,810$175,070$191,880
Massachusetts770$142,140$103,170$66,300$81,950$167,770—
Michigan280$147,280$94,850$64,240$77,700$128,430$232,850
Minnesota210$112,460$107,470$71,380$89,810$131,850$149,690
Missouri210$129,370$115,520$70,990$92,160$165,440$201,360
Montana70$104,200$95,990$63,440$79,650$142,240$142,240
Nebraska90$77,180$66,690$44,120$53,930$86,680$118,420
Nevada90$87,360$84,540$63,070$69,740$101,650$118,140
New Jersey110$110,270$102,350$61,450$74,470$130,080$187,280
New Mexico—$91,570$82,490$62,590$62,590$103,670$126,890
New York870$169,520$142,300$77,740$99,030$212,180—
North Carolina250$122,470$111,770$68,190$85,210$141,930$186,640
Ohio130$130,850$117,750$62,080$87,040$165,990$219,590
Oklahoma—$97,250$82,330$46,180$67,860$126,260$163,770
Oregon270$109,360$111,660$78,040$86,100$124,190$144,600
Pennsylvania710$110,740$113,300$63,920$84,240$122,910$151,590
South Carolina660$61,730$51,980$50,390$50,390$61,790$73,670
Tennessee—$110,010$110,320$72,810$82,750$132,170$142,480
Texas620$122,400$106,200$63,070$79,460$160,950$215,370
Utah70——————
Virginia970$149,770$148,010$79,100$100,920$188,390$218,880
Washington470$128,120$116,390$79,750$94,990$130,940$181,420
Wisconsin330$79,240$76,940$50,450$60,040$89,190$113,730

Hourly by-state wages are in the source dataset but not rendered here (annual only, to keep this table a manageable width); see the source link below for the full file. BLS suppresses some state-level figures for reliability: an em dash (—) means BLS did not publish that figure for this state and occupation. Per BLS’s own field definitions: "*" = a wage estimate is not available; "**" = an employment estimate is not available; "#" = a wage equal to or greater than $115.00 per hour or $239,200 per year (all three are shown here as —, not guessed). Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), State occupational employment and wage estimates, May 2024.

Similar-paying occupations in Life, Physical, and Social Science Occupations

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2024 estimates. Wage figures are BLS OEWS estimates and may not reflect current pay.