Salary by Education Level
What the Data Shows
For Economists positions, filings requiring a Master's degree carried an average declared salary of $122,792 versus $121,529 for those requiring a Bachelor's - a premium of +1%. Across all certified filings with a stated education level, 14.4% accepted a Bachelor's degree as the minimum requirement.
Education vs Salary
| Education Level | Average Salary | Filings | % of Total |
|---|---|---|---|
| Doctorate | $145,923 | 254 | 31.8% |
| Other | $145,833 | 6 | 0.8% |
| Master's | $122,792 | 420 | 52.6% |
| Bachelor's | $121,529 | 115 | 14.4% |
| None | $93,381 | 2 | 0.3% |
| Associate's | $84,000 | 1 | 0.1% |
Education by Top Employer
| Employer | Most Common Minimum | % Bachelor's | % Master's | Median Salary |
|---|---|---|---|---|
| Cornerstone Research, Inc. | Doctorate | 5.7% | 1.4% | $110,000 |
| Analysis Group, Inc. | Master's | 0% | 100% | $135,000 |
| FedEx Corporate Services, Inc. | Master's | 0% | 77.8% | $71,885 |
| Capital One Services, LLC | Master's | 14.6% | 85.4% | $100,901 |
| Capital One, National Association | Master's | 8.5% | 91.5% | $104,000 |
| Board of Governors of the Federal Reserve System | Doctorate | 0% | 0% | $140,000 |
| Macquarie Holdings (USA) Inc. | N/A | N/A | N/A | $159,994 |
| AMAZON.COM SERVICES LLC | Doctorate | 0% | 13.6% | $124,000 |
| CAPITAL ONE SERVICES II LLC | Master's | 16.7% | 83.3% | $93,000 |
| National Economic Research Associates, Inc. | Master's | 16.7% | 66.7% | $102,000 |
| CRA International Inc. | Master's | 18.2% | 45.5% | $95,000 |
| Compass Lexecon LLC | Master's | 30.8% | 46.2% | $107,245 |
| The Brattle Group | Doctorate | 0% | 33.3% | $142,000 |
| Bates White LLC | Doctorate | 0% | 9.1% | $165,000 |
| Federal Reserve Bank of New York | Doctorate | 0% | 0% | $166,000 |
| The University of Chicago | N/A | N/A | N/A | $61,500 |
| Facebook Inc. | Master's | 0% | 100% | $135,000 |
| IMPAQ INTERNATIONAL, LLC | Doctorate | 0% | 25% | $120,000 |
| Moody's Analytics, Inc. | Doctorate | 0% | 50% | $113,120 |
| IHS Global Inc. | Master's | 16.7% | 83.3% | $75,795 |