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Professional Economists

Home >> Careers & Education

Professional Economists

Professional Economists


Training and Education

A master’s degree is often required to work in this field. Survey data provided by the government shows that 100% of employees have a bachelor’s degree or higher.


Part-Time Work and Self-Employment

Of those working as employees, 3% work fewer than 40 hours per week. Around 7% of professional economists are independent contractors.


Area Job Conditions

On a per capita basis, there are more jobs for professional economists in Washington (District of Columbia), Little Rock (Arkansas), and Tallahassee (Florida), and fewer jobs in St. Louis (Missouri), Santa Ana (California), and Tampa (Florida).

Compensation for workers is the most in Bethesda (Maryland), Washington (District of Columbia), and New York (New York), and the lowest in Fort Worth (Texas), San Diego (California), and Little Rock (Arkansas).


Video Overview

Recaps economist careers. Produced for the US Dept. of Labor.


Salaries by City

See typical salaries and ranges for this career below*. Shift click to sort by more than one column — for example first shift-click on state and then shift-click on salary to find best and worst salaries in each state.

State City / Region Typical Salary Salary Range Job Count % of All Jobs
AK Anchorage $84,630 $65K – $110K 60 0.04%
AR Little Rock – North Little Rock – Conway $73,880 $43K – $170K 50 0.02%
AZ Tucson $61,420 $48K – N/A N/A N/A
CA Bakersfield – Delano $65,030 $40K – $96K N/A N/A
CA Los Angeles – Long Beach – Glendale (Metro Area) $101,960 $54K – N/A 780 0.02%
CA Oakland – Fremont – Hayward (Metro Area) $89,660 $59K – $138K 400 0.04%
CA Riverside – San Bernardino – Ontario $61,080 $39K – $102K 150 0.01%
CA Sacramento – Arden – Arcade – Roseville $78,560 $60K – $153K 190 0.02%
CA San Diego – Carlsbad – San Marcos $88,670 $45K – $184K 220 0.02%
CA San Francisco – San Mateo – Redwood City (Metro Area) $106,560 $68K – $174K 510 0.05%
CA San Jose – Sunnyvale – Santa Clara $97,570 $51K – $136K N/A N/A
CA Santa Ana – Anaheim – Irvine (Metro Area) $95,150 $78K – $155K N/A N/A
CA Santa Barbara – Santa Maria – Goleta $85,200 $54K – $130K N/A N/A
CO Boulder $92,570 $59K – $136K 40 0.03%
CO Denver – Aurora – Broomfield $91,080 $52K – $127K 140 0.01%
CT Hartford – West Hartford – East Hartford $89,730 $66K – $117K 160 0.03%
DC Washington – Arlington – Alexandria (Metro Area) $112,220 $62K – $156K 4,970 0.21%
FL Orlando – Kissimmee – Sanford $78,370 $43K – $94K N/A N/A
FL Tampa – St. Petersburg – Clearwater $87,300 $62K – $133K 30 0.00%
GA Atlanta – Sandy Springs – Marietta $94,040 $63K – $134K 230 0.01%
HI Honolulu $65,200 $45K – $99K 30 0.01%
IA Des Moines – West Des Moines $62,450 $43K – $91K N/A N/A
ID Boise City – Nampa $46,740 $40K – $88K 40 0.01%
IL Chicago – Joliet – Naperville (Metro Area) $95,190 $63K – $166K 300 0.01%
IN Indianapolis – Carmel $90,420 $67K – $118K N/A N/A
MA Boston – Cambridge – Quincy (Metro Area) $87,050 $51K – $164K 750 0.04%
MD Baltimore – Towson $95,240 $60K – $144K 130 0.01%
MD Bethesda – Rockville – Frederick (Metro Area) $126,250 $81K – $155K 150 0.03%
MI Detroit – Livonia – Dearborn (Metro Area) $70,950 $56K – $97K 70 0.01%
MI Lansing – East Lansing $72,070 $47K – $85K 30 0.02%
MI Warren – Troy – Farmington Hills (Metro Area) $92,840 $67K – $145K 30 0.00%
MN Minneapolis – St. Paul – Bloomington $59,650 $41K – $102K 190 0.01%
MO Kansas City $84,860 $40K – $132K 120 0.01%
MO St. Louis $87,000 $53K – N/A 60 0.01%
NC Charlotte – Gastonia – Rock Hill $73,660 $48K – $134K 40 0.00%
NC Durham – Chapel Hill $94,120 $45K – $151K 60 0.02%
NC Raleigh – Cary $58,330 $42K – $134K N/A N/A
NJ Edison – New Brunswick (Metro Area) $87,430 $44K – $160K N/A N/A
NM Albuquerque $56,250 $43K – $88K 40 0.01%
NY Albany – Schenectady – Troy $83,010 $47K – $129K 80 0.02%
NY Buffalo – Niagara Falls $103,400 $59K – $158K 30 0.01%
NY New York – White Plains – Wayne (Metro Area) $108,450 $55K – N/A 360 0.01%
OK Oklahoma City $60,650 $43K – $86K N/A N/A
OK Tulsa $68,330 $47K – $87K 40 0.01%
OR Portland – Vancouver – Hillsboro $85,500 $58K – $119K 90 0.01%
PA Philadelphia (Metro Area) $90,530 $61K – $134K 250 0.01%
PA Pittsburgh $91,950 $57K – $144K 50 0.00%
PR San Juan – Caguas – Guaynabo $33,860 $21K – $57K 90 0.01%
SC Columbia $60,140 $43K – $89K 60 0.02%
TX Austin – Round Rock – San Marcos $47,450 $40K – $85K 80 0.01%
TX College Station – Bryan $44,920 $38K – N/A 70 0.08%
TX Dallas – Plano – Irving (Metro Area) $99,140 $69K – N/A 270 0.01%
TX Fort Worth – Arlington (Metro Area) $58,010 $49K – $113K N/A N/A
TX Houston – Sugar Land – Baytown $112,680 $79K – $154K 190 0.01%
VA Richmond N/A N/A – N/A 70 0.01%
WA Olympia $68,420 $56K – $87K 60 0.06%
WA Seattle – Bellevue – Everett (Metro Area) $80,310 $59K – $117K 130 0.01%
WI Milwaukee – Waukesha – West Allis $83,050 $51K – $117K 30 0.00%

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