Life, Physical, and Social Science Occupations

Economists Salary in the United States

DOL-verified data from 9,206 government filings, with BLS survey comparison.

DOL Median Salary
$99,100
BLS median: $115,440
DOL Median Salary
$99,100
From 9,206 DOL filings
BLS Median Salary
$115,440
BLS OEWS 2024 survey
Total Employers
2,024
Companies with DOL filings
Total Employment
15,880
Estimated US workers (BLS)

DOL Filings vs BLS Survey

What Employers File with DOL

$99,100
DOL-Filed Salary Range
$32,635$75,000$99,100$134,576$1,500,000

This figure comes from 9,206 employer filings with the US Department of Labor under legal obligation. Employers file this salary when sponsoring workers for PERM green cards or H-1B visas.

What BLS Says the Market Pays

$115,440
BLS Survey Salary Range
$62,340$82,260$115,440$166,030$212,710

This figure comes from the BLS Occupational Employment and Wage Statistics survey of 15,880 establishments. This is an independent survey-based estimate of what all workers in this occupation earn.

DOL-filed salaries are 14.2% lower than BLS survey data, which may reflect that sponsored positions concentrate in high-cost locations or experience-intensive roles.

Salary Distribution

Top Paying Employers for Economists

Ranked by median salary from DOL filings
RankEmployerMedian SalaryFilingsvs Market
1Deere & Company$278,00010+140.8%
2Moodys Investors Service, Inc.$226,5506+96.3%
3SILVER LAKE KRAFTWERK MANGEMENT COMPANY, LLC$200,0009+73.3%
4REMATE (USA) INC$200,0005+73.3%
5Federal Reserve Bank of Minneapolis$192,32512+66.6%
6MACQUARIE FUNDING HOLDINGS INC.$185,00025+60.3%
7The Highland Consulting Group, Inc.$180,0005+55.9%
8Peter G. Peterson Institute for International Economics$175,5006+52%
9PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD$175,3305+51.9%
10Credit Suisse Securities (USA) LLC$175,00016+51.6%
11SKYLAR CAPITAL MANAGEMENT LP$175,0006+51.6%
12TD Securities (USA) LLC$175,0005+51.6%
13Federal Reserve Bank of San Francisco$170,00021+47.3%
14Deutsche Bank Securities Inc.$170,0007+47.3%
15Federal Reserve Bank of Cleveland$168,76015+46.2%
16Federal Reserve Bank of New York$166,00057+43.8%
17Bates White LLC$165,00058+42.9%
18Barclays Capital Inc.$165,00024+42.9%
19MERRILL LYNCH$165,00011+42.9%
20Federal Reserve Bank of Atlanta$162,5007+40.8%
21FEDERAL RESERVE BANK OF BOSTON$160,00026+38.6%
22Citigroup Global Markets Inc.$160,00013+38.6%
23FEDERAL RESERVE BANK OF ST. LOUIS$160,0005+38.6%
24Macquarie Holdings (USA) Inc.$159,994124+38.6%
25Wealthfront Corporation$155,0005+34.3%
26CITADEL LLC$155,00025+34.3%
27Novartis Pharmaceuticals Corporation$153,8008+33.2%
28Federal Reserve Bank of Dallas$153,17820+32.7%
29ECODIT LLC$150,8285+30.7%
30MCLARTY ASSOCIATES LLC$150,2185+30.1%
31Becton Dickinson and Company$150,0006+29.9%
32Northwestern University$150,00011+29.9%
33Genentech, Inc.$148,1168+28.3%
34GOOGLE LLC$148,0008+28.2%
35Ocwen Financial Corporation$147,4006+27.7%
36The Federal Reserve Bank of St. Louis$145,00019+25.6%
37National Bureau of Economic Research$142,95331+23.8%
38The Brattle Group$142,00070+23%
39PricewaterhouseCoopers LLP$141,81312+22.9%
40The RAND Corporation$140,04810+21.3%
41Morgan Stanley & Co LLC$140,0005+21.3%
42Board of Governors of the Federal Reserve System$140,000283+21.3%
43Intuit Inc.$140,0009+21.3%
44Nomura Securities International, Inc.$139,0007+20.4%
45Keystone Strategy LLC$138,5286+20%
46The Climate Corporation$137,5006+19.1%
47MPG Operations LLC$135,00012+16.9%
48Facebook Inc.$135,00053+16.9%
49Analysis Group, Inc.$135,000577+16.9%
50NATHAN ASSOCIATES INC$135,0005+16.9%

View all companies hiring Economists

Salary by Metro Area

Metro AreaMedianvs NationalFilingsEmployers
CLEVELAND, OH$160,000+61.5%165
South San Francisco, CA$151,558+52.9%104
San Mateo, CA$149,975+51.3%1411
DALLAS, TX$142,300+43.6%205
New York, NE$136,000+37.2%261123
SANTA MONICA, CA$132,950+34.2%2010
Mountain View, CA$130,000+31.2%1910
Redwood City, CA$130,000+31.2%119
Foster City, CA$129,106+30.3%103
Denver, CO$126,491+27.6%2410
Menlo Park, CA$125,000+26.1%17313
NORTH CHICAGO, IL$125,000+26.1%131
rosemead, CA$120,028+21.1%122
Thousand Oaks, CA$120,000+21.1%231
Emeryville, CA$120,000+21.1%184
New York, NY$120,000+21.1%752238
San Diego, CA$119,001+20.1%2114
San Jose, CA$119,000+20.1%159
Oakland, CA$115,375+16.4%3617
Charlotte, NC$115,000+16%207
Columbia, MD$115,000+16%191
White Plains, NY$115,000+16%214
Houston, TX$113,805+14.8%9449
Palo Alto, CA$113,110+14.1%2113
Detroit, MI$112,475+13.5%143
Sunnyvale, CA$111,592+12.6%159
Seattle, WA$110,500+11.5%17828
San Francisco, CA$110,000+11%341109
Washington, DC$109,866+10.9%474105
Arlington, VA$107,500+8.5%3013

Salary by State

StateMedianvs NationalFilings
Nebraska$122,700+84%319
Rhode Island$121,500N/A4
Washington$110,500-5.1%198
New York$110,000-22.7%844
Oregon$109,200-2.2%11
District of Columbia$106,820-34.3%494
California$105,000+4.5%1,151
Texas$104,000-2.1%291
Maryland$101,750-26.1%56
Connecticut$101,250-1.9%30
Virginia$100,000-32.4%353
Colorado$100,000-10.4%51
New Jersey$100,000-2.3%86
Ohio$93,912-20.2%39
Delaware$90,650N/A28
Massachusetts$90,000-12.8%682
Michigan$90,000-5.1%95
Illinois$85,500-24.2%359
North Carolina$85,000-24%45
Georgia$79,626-37.4%43
Wisconsin$75,000-2.5%15
West Virginia$75,000N/A3
Florida$74,000-17.1%153
Alabama$73,332-29.1%9
Indiana$72,430-24.4%41
Pennsylvania$71,885-36.6%113
Kansas$71,750-37.7%5
Tennessee$71,178-35.5%249
Nevada$70,600-16.5%5
Missouri$67,500-41.6%50
Minnesota$67,000-37.7%37
Utah$65,000N/A15
Louisiana$65,000-27%25
Arizona$64,064-33.5%13
Hawaii$64,000-21.7%11
Alaska$61,693-43.4%1
Iowa$59,405-36%19
Kentucky$58,063-11.3%5
Arkansas$56,046N/A40
New Hampshire$54,933N/A1
Oklahoma$54,833-33.4%14
Idaho$54,267-31.1%5
New Mexico$52,925-35.8%6
Mississippi$51,000N/A1
Wyoming$50,004N/A3
North Dakota$47,500N/A2
South Carolina$45,406-12.7%7

Salary Trend - DOL Data

Education Requirements

From PERM filings

For Economists positions, 14% of PERM filings required a Bachelor's degree, 53% required a Master's degree, and 0% required no formal degree.

Education by Top Employer

Most common minimum education from PERM filings
EmployerMost Common EducationMedian Salary
Cornerstone Research, Inc.Doctorate$110,000
Analysis Group, Inc.Master's$135,000
FedEx Corporate Services, Inc.Master's$71,885
Capital One Services, LLCMaster's$100,901
Capital One, National AssociationMaster's$104,000
Board of Governors of the Federal Reserve SystemDoctorate$140,000
Macquarie Holdings (USA) Inc.Not specified$159,994
AMAZON.COM SERVICES LLCDoctorate$124,000
CAPITAL ONE SERVICES II LLCMaster's$93,000
National Economic Research Associates, Inc.Master's$102,000

Salary by Industry

Same occupation, different industries (NAICS)

The highest-paying industry for Economists is Management of Companies at $132,310. The lowest-paying industry with significant hiring is Educational Services at $70,237.

Frequently Asked Questions

How much does a Economists make?

Based on 9,206 DOL filings, the median salary for a Economists is $99,100, ranging from $75,000 to $134,576.

What is the highest salary for a Economists?

The 90th percentile salary is $212,710 according to BLS data.

Which city pays the most for Economists?

Based on DOL filings, CLEVELAND, OH offers the highest median at $160,000.

Does this data include all Economists salaries or only visa-sponsored workers?

DOL filing data covers positions where the employer filed for PERM green card sponsorship or an H-1B visa. These filings represent a subset of all Economists positions. We compare this data against BLS OEWS data which covers all workers in this occupation.

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Source: US Department of Labor, Office of Foreign Labor Certification (OFLC) public disclosure files (PERM Form ETA-9089 and LCA Form ETA-9035), and US Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS). Salary figures represent employer filings and government survey estimates, not individual worker pay.