Economist - Federal Salaries of 2018

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $121,837.32* *Based on the 2018 average.
4,270 EMPLOYEES
$519.27M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 62nd most popular job in the U.S. Government in 2018, with 4,270 employed. The most common payscale was the general schedule payscale.

In 2018, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $100,553.

Government Economist jobs are classified under the General Schedule (GS) payscale. The minimum paygrade for a Economist job is GS-6, and the highest paygrade that can be attained within this job series is GS-15. Remember that the starting and maximum yearly pay listed above reflect base pay only - your actual salary will be higher based on the Locality Pay Adjustment for the area in which you work.

Job Description

This occupation includes positions that require application of a professional knowledge of economics in the performance of duties that include: research into economic phenomena, analysis of economic data, and the preparation of interpretive reports; advice and consultation on economic matters to governmental officials and private organizations or citizens; and the performance of other professional work in economics including supervision and the direction of economists engaged in the various economics programs of the Federal Government.

Science, technology, engineering, and mathematics (STEM) professions fall under this job category. Due to the growing focus of them STEM fields, individuals in this job category tend to advance more quickly than employees in the other job categories. Jobs in this category are being added quickly and many organizations have trouble finding qualified individuals. Individuals in this job category typically recieve pormotions of 2 grade increases at a time until they reach GS-12.

Agencies that have hired an Economist

Agency Employees Hired Average Salary
Bureau of Labor Statistics 1,148 $100,553.22
Bureau of Economic Analysis 291 $114,866.64
Internal Revenue Service 210 $125,425.16
Departmental Offices 207 $138,247.32
Economic Research Service 191 $125,094.23
Environmental Protection Agency 165 $117,936.62
Securities and Exchange Commission 101 $195,324.24
Office of Comptroller of Currency 99 $178,188.51
Department of Energy 93 $114,188.02
Federal Trade Commission 80 $154,067.26
Federal Energy Regulatory Commission 77 $104,802.10
Federal Deposit Insurance Corporation 72 $144,307.17
Bureau of the Census 67 $121,238.97
Centers for Disease Control and Prevention 65 $113,373.48
National Oceanic and Atmospheric Administration 61 $125,961.97
Federal Communications Commission 57 $150,336.67
Foreign Agricultural Service 57 $111,717.18
Offices, Boards and Divisions 54 $153,450.24
Bureau of Citizenshp and Immigratn Services 50 $125,844.90
Food and Drug Administration 48 $122,607.19
U.S. International Trade Commission 46 $115,007.89
Bureau of Consumer Financial Protection 44 $140,940.25
Social Security Administration 43 $124,663.40
Agency for International Development 42 $125,463.64
Federal Housing Finance Agency 37 $175,462.32
Office of Secretary of Transportation 33 $99,219.48
International Trade Administration 30 $121,589.47
Forest Service 29 $117,509.41
Natural Resources Conservation Service 29 $118,357.31
Commodity Futures Trading Commission 29 $173,749.86
Centers for Medicare & Medicaid Services 27 $128,824.96
Agricultural Marketing Service 26 $110,696.15
Federal Aviation Administration 26 $140,755.85
Office of the Chief Economist 26 $148,370.27
Animal and Plant Health Inspection Service 24 $114,012.54
Geological Survey 21 $113,219.19
Farm Service Agency 21 $141,368.90
Assistant Secretary for Policy Development and Resolution 20 $142,379.20
Bureau of Reclamation 20 $99,409.15
Agency for Healthcare Research and Quality 19 $148,721.37
U.S. Coast Guard 18 $117,024.61
Risk Management Agency 16 $99,003.69
Occupational Safety and Health Administration 15 $127,803.07
Office Secretary Health and Human Services 15 $101,106.47
National Institute of Standards and Technology 14 $122,117.07
Economics and Statistics Administration 14 $144,007.86
Office of the Secretary of the Interior 13 $117,616.23
Employee Benefits Security Administration 13 $128,838.15
Millennium Challenge Corporation 12 $132,998.92
Department of State 12 $145,483.17
Federal Railroad Administration 12 $116,499.83
Bureau of Ocean Energy Management 11 $120,689.64
Patent and Trademark Office 10 $124,776.60
Council of Economic Advisers 10 $87,430.00
Overseas Private Investment Corporation 9 $119,118.33
National Institutes of Health 9 $93,716.11
Federal Maritime Commission 9 $120,893.78
Food Safety and Inspection Service 9 $121,442.22
Office of Management and Budget 9 $153,296.67
Bureau of Transportation Statistics 8 $135,782.00
U.S. Fish and Wildlife Service 8 $125,430.00
Consumer Product Safety Commission 8 $124,688.50
Rural Business-Cooperative Service 8 $118,054.13
Bureau of International Labor Affairs 8 $134,300.50
Bureau of Land Management 7 $101,512.71
Grain Inspection, Packers & Stockyards Administration 7 $119,090.86
Office of Assistant Secretary for Policy 7 $151,860.00
Surface Transportation Board 7 $142,275.57
Bureau of the Fiscal Service 7 $112,534.29
Equal Employment Opportunity Commission 7 $132,684.71
Transportation Security Administration 7 $99,316.29
Office of Senior Coordinator for Pacific/Hawaii 6 $82,120.00
Nuclear Regulatory Commission 6 $134,089.33
Small Business Administration 6 $134,136.67
Export-Import Bank of the United States 6 $116,177.83
Office of Senior Coordinator for Midwest 6 $101,107.50
Federal Emergency Management Agency 5 $115,016.40
Office of Senior Coordinator for Mid-Atlantic 5 $86,578.40
Assistant Secretary for Housing-Federal Housing Commissioner 5 $135,914.20
Office of Senior Coordinator for Southwest 5 $95,994.80
National Park Service 5 $100,816.60
National Science Foundation 5 $160,153.60
National Credit Union Administration 5 $1,066.67
Mine Safety and Health Administration 5 $130,847.80
Office of Inspector General (Department of Transportation) 5 $113,133.80
Maritime Administration 5 $136,186.60
Department of Homeland Security Headquarters 5 $133,880.20
National Protection and Programs Directorate 5 $127,705.80
Farm Credit Administration 4 $190,580.50
Office of Senior Coordinator for Northwest/Alaska 4 $99,608.00
Office of Federal Contract Compliance Programs 4 $123,924.25
Federal Motor Carrier Safety Administration 4 $138,153.75
Veterans Health Administration 4 $144,065.75
Office of Senior Coordinator for Southeast/Caribbean 3 $98,715.67
Office of Senior Coordinator for Rocky Mountains 3 $87,022.67
Food and Nutrition Service 3 $114,736.33
Employment and Training Administration 3 $90,819.67
Federal Highway Administration 3 $128,869.00
Institute of Education Sciences 3 $149,278.67
Bureau of Customs and Border Protection 3 $116,837.33
Pension Benefit Guaranty Corporation 2 $129,574.50
National Telecommunications and Information Administration 2 $158,185.00
Office of Workers' Compensation Programs 2 $109,765.00
Agricultural Research Service 2 $101,967.50
National Highway Traffic Safety Administration 2 $93,326.00
Office of the U.S. Trade Representative 2 $149,030.00
Government National Mortgage Association 2 $154,394.00
Office of Surface Mining, Reclamation and Enforcement 2 $115,332.00
Office of Personnel Management 2 $123,267.00
Railroad Retirement Board 2 $97,873.00
Bureau of Immigration & Customs Enforcement 2 $110,015.00
Rural Utilities Service 1 $161,900.00
Civil Rights 1 $77,593.00
Alcohol, Tobacco, Firearms, & Explosives 1 $112,021.00
Office Assistant Secretary Administration and Management 1 $118,240.00
Women's Bureau 1 $123,223.00
Office of Postsecondary Education 1 $97,956.00
Rural Housing Service 1 $186,951.00
Office of Inspector General (Department of Health and Human Services) 1 $171,608.00
Assistant Secretary for Fair Housing and Equal Opportunity 1 $159,123.00
Substance Abuse & Mental Health Service Administration 1 $113,755.00
Federal Transit Administration 1 $144,945.00
U.S. Mint 1 $140,510.00
Immediate Office of Assistant Secretary for Policy & Planning 1 $0.00

Economist Pay Distribution

The average pay for an Economist is $121,837.32. The highest paid Economist made $268,306 in 2018.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 3,166
ZP - Scientific And Engineering Professional 350
NB - Ofc Of Comptroller Of The Currency Only 99
SK - Sec Emp Formerly Under Gs, Gm, And Ez 96
ES - Senior Executive Service 79
CG - Corporate Graded 68
EF - Consultant (5 U.s.c. 3109) 46
CN - Bur Of (cfpb) An Indep Ag Within Frs 44
EL - Non-executive Positions At Fhfa 35
CT - Commodity Futures Trading Commission Pos 29
FV - Faa Core Compensation Plan 26
RG - Code For Use By Hhs Only. 24
AD - Administratively Determined Rates, Not E 23
GM - Emp Covered By Pmrs Termination Provisns 21
OR - Employees Of The Ofr, Treasury 20
SL - Senior Level Positions 17
IR - Irs Broadband Class And Pay System Pos 16
FO - Foreign Service Officers 16
ED - Expert (5 U.s.c. 3109) 13
MC - Emp Of Millennium Challenge Corporation 12
GG - Grades Similar To General Schedule 12
EI - Advisory Committee Member (other) 10
FP - Foreign Service Personnel 8
SV - Trans Security Admin Emp Other Than Exec 7
CU - Credit Union Employees 4
ST - Scientific And Professional 4
EH - Advisory Committee Member (5 U.s.c. 3109 4
VH - Professional, Admin., And Managerial 4
RF - Code Is For Use By Hhs Only. 3
CM - Fdic Suprv And Mangr Pos Below Exec Lev 3
SO - Sec Emp Formerly Under Es Pay Plan 3
RS - Senior Biomedical Research Service 2
LL - Executives At Federal Housing Finance Ag 2
EX - Executive Pay 1
SS - Senior Staff Positions 1
EM - Fdic Executive-level Positions Only 1
ZA - Administrative 1

Starting Paygrade: $32,716.00 / year base pay at paygrade GS-6, Step 1
Maximum Paygrade: $138,572.00 / year base pay at paygrade GS-15, Step 10
Category: Professional and Scientific
Occupation Family: 0100 SOCIAL SCIENCE, PSYCHOLOGY, AND WELFARE GROUP

Other Jobs at the GS-6 Paygrade

GS-6 is the starting paygrade for Economist jobs. Here are some other Federal Government jobs that can be held by employees at the GS-6 paygrade.

Occupation Occupation Category Starting Paygrade Maximum Paygrade
Cargo SchedulingTechnical and Medical SupportGS-1GS-9
Equal Employment OpportunityAdministrative and ManagementGS-4GS-15
Military PayClerical and Administrative SupportGS-1GS-9
Soil ScienceProfessional and ScientificGS-6GS-15
Educational TherapistProfessional and ScientificGS-6GS-15

Average Economist Pay Trend from 2004 to 2018

In 2004, the average pay for an Economist was $87,989. Since then, the average pay has increased to $121,837 in 2018.


Data Sources

The information provided on these pages is sourced from the Office of Personnel Management (OPM) Enterprise Human Resources Integration (EHRI) dataset. Postal Service data is managed exclusively by the USPS . All information is displayed unmodified and as provided by the source agency.

Federal employee salaries are public information under open government laws (5 U.S.C. § 552). FederalPay provides this data in the interest of government transparency — employee data may not be used for commercial soliciting or vending of any kind. Learn more about the FederalPay Employees Dataset here.

The series code of this occupation is 0110.

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/employees/occupations/economist