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Economist - Federal Salaries of 2021

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $131,693.24* *Based on the 2021 average.
4,364 EMPLOYEES
$574.18M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 66th most popular job in the U.S. Government in 2021, with 4,364 employed. The most common payscale was the general schedule payscale.

In 2021, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $107,744.

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.

Agencies that have hired an Economist

Agency Employees Hired Average Salary
Bureau of Labor Statistics 1,150 $107,743.85
Bureau of Economic Analysis 283 $132,096.94
Departmental Offices 220 $149,097.35
Internal Revenue Service 198 $133,265.45
Economic Research Service 193 $120,118.17
Environmental Protection Agency 134 $131,323.34
Bureau of the Census 121 $126,663.11
Department of Energy 110 $123,850.65
Office of Comptroller of Currency 104 $198,614.35
Securities and Exchange Commission 103 $207,545.48
Federal Deposit Insurance Corporation 82 $169,116.72
Federal Trade Commission 77 $163,328.08
Centers for Disease Control and Prevention 75 $124,041.76
National Oceanic and Atmospheric Administration 71 $136,733.58
Federal Energy Regulatory Commission 65 $116,760.15
Federal Communications Commission 61 $152,704.85
Food and Drug Administration 57 $135,761.16
U.S. International Trade Commission 55 $133,634.56
Federal Housing Finance Agency 54 $177,393.91
Offices, Boards and Divisions 53 $164,704.06
Bureau of Consumer Financial Protection 51 $161,096.49
U.S. Agency for International Development 50 $133,802.28
Citizenship and Immigration Services 42 $145,800.60
Office of Secretary of Transportation 42 $116,128.57
Centers for Medicare & Medicaid Services 41 $129,046.39
Federal Aviation Administration 40 $152,264.15
Foreign Agricultural Service 38 $116,029.34
International Trade Administration 38 $121,708.05
Forest Service 32 $113,930.47
Commodity Futures Trading Commission 32 $204,672.00
Office of the Chief Economist 30 $160,891.47
Social Security Administration 29 $142,390.90
Agricultural Marketing Service 29 $128,998.03
Assistant Secretary for Policy Development and Resolution 24 $145,416.88
Geological Survey 23 $123,514.52
Fpac Business Center 22 $155,759.68
Natural Resources Conservation Service 21 $92,975.33
U.S. Coast Guard 19 $119,585.16
Bureau of Reclamation 17 $100,770.65
Office Secretary Health and Human Services 16 $126,330.50
Agency for Healthcare Research and Quality 16 $161,684.13
Risk Management Agency 15 $105,352.87
Occupational Safety and Health Administration 14 $143,906.36
Federal Railroad Administration 14 $136,410.86
Millennium Challenge Corporation 14 $159,277.57
Animal and Plant Health Inspection Service 14 $131,587.00
Patent and Trademark Office 14 $129,289.93
Employee Benefits Security Administration 12 $131,856.92
Department of State 11 $138,572.45
Office of Management and Budget 11 $150,547.55
Bureau of Ocean Energy Management 11 $129,718.27
Office of the Secretary of the Interior 10 $124,571.10
Federal Maritime Commission 10 $126,963.20
Small Business Administration 10 $142,206.00
Council of Economic Advisers 10 $84,949.90
Food Safety and Inspection Service 8 $143,493.00
National Institute of Standards and Technology 8 $149,131.38
Office of Assistant Secretary for Policy 8 $160,859.00
Export-Import Bank of the United States 8 $125,491.00
Consumer Product Safety Commission 8 $128,417.38
Pipeline/Hazardous Materials Safety Administration 8 $134,525.88
Federal Emergency Management Agency 8 $128,303.50
Overseas Private Investment Corporation 7 $120,139.00
7 $139,264.00
Transportation Security Administration 7 $115,382.29
Nuclear Regulatory Commission 6 $152,142.83
Office of Inspector General (Department of Transportation) 6 $134,566.33
National Credit Union Administration 6 $1,110.83
Office of Senior Coordinator for Mid-Atlantic 6 $100,992.33
Bureau of Land Management 6 $109,365.17
U.S. Fish and Wildlife Service 6 $155,495.67
Bureau of International Labor Affairs 6 $150,306.83
Employment and Training Administration 6 $114,213.33
Farm Credit Administration 6 $72,059.25
Department of Homeland Security Headquarters 6 $167,042.83
Customs and Border Protection 6 $121,772.17
Office of Senior Coordinator for Southwest 5 $104,537.80
Office of Senior Coordinator for Pacific/Hawaii 5 $113,257.20
National Park Service 5 $110,207.00
National Science Foundation 5 $179,742.60
Federal Highway Administration 5 $121,730.20
Maritime Administration 5 $109,560.80
Federal Motor Carrier Safety Administration 5 $133,798.20
National Institutes of Health 5 $76,240.00
National Protection and Programs Directorate 5 $159,704.00
Equal Employment Opportunity Commission 5 $131,106.80
Office of Federal Contract Compliance Programs 4 $144,732.50
National Highway Traffic Safety Administration 4 $117,391.50
Bureau of the Fiscal Service 4 $126,240.50
Office of Senior Coordinator for Rocky Mountains 4 $91,663.00
Government National Mortgage Association 4 $141,956.25
Health Resources and Services Administration 4 $127,146.00
Food and Nutrition Service 4 $124,129.75
Rural Housing Service 3 $133,379.00
Veterans Health Administration 3 $147,270.33
Mine Safety and Health Administration 3 $125,335.33
Office of Personnel Management 3 $136,598.67
Office of the U.S. Trade Representative 3 $150,470.00
Office of Senior Coordinator for Midwest 3 $111,124.00
Office of Senior Coordinator for Northwest/Alaska 3 $106,211.00
Office of Senior Coordinator for Southeast/Caribbean 2 $76,229.50
Office of Surface Mining, Reclamation and Enforcement 2 $129,181.50
Office of Disability Employment Policy 2 $128,806.00
Office of Workers' Compensation Programs 2 $125,487.00
Agricultural Research Service 2 $78,861.50
Pension Benefit Guaranty Corporation 2 $145,523.50
Immigration and Customs Enforcement 2 $138,095.00
Railroad Retirement Board 2 $114,849.50
Federal Transit Administration 2 $132,285.00
General Counsel (Department of Veterans Affairs) 1 $92,143.00
Immediate Office of Assistant Secretary for Policy & Planning 1 $153,109.00
Veterans Benefits Administration 1 $131,898.00
Alcohol, Tobacco, Firearms, & Explosives 1 $135,282.00
Office of Secretary of Labor 1 $161,730.00
Office Assistant Secretary Administration and Management 1 $127,835.00
Women's Bureau 1 $147,034.00
Science and Technology Directorate 1 $148,932.00
Assistant Secretary for Fair Housing and Equal Opportunity 1 $143,547.00
Assistant Secretary for Housing-Federal Housing Commissioner 1 $144,450.00
International Joint Commission: U.S. & Canada 1 $119,562.00
Office of Inspector General (Department of Health and Human Services) 1 $181,048.00
Administration for Children and Families 1 $72,750.00
Office of the Secretary of Agriculture 1 $166,595.00
Economic Development Administration 1 $74,158.00
Minority Business Development Agency 1 $131,341.00

Economist Pay Distribution

The average pay for an Economist is $131,693.24. The highest paid Economist made $288,610 in 2021.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 3,252
ZP - Scientific And Engineering Professional 351
NB - Office Of The Comptroller Of The Currency Only 104
SK - Non-supervisorty Postions Employed By The Securities And Exchange Commission (sec) And Formerly Under Gs Pay 100
CG - Corporate Graded 78
ES - Senior Executive Service 75
CN - Bureau Of Consumer Financial Protect(cfpb) Independent Agcy Within The Fed Res Syst(use By Cfpb Only) 51
EL - Non-executive Positions At The Federal Housing Finance Agency 51
FV - Federal Aviation Administration Core Compensation Plan 40
AD - Administratively Determined Rates, Not Elsewhere Specified 34
CT - Commodity Futures Trading Commission Positions Previously Defined Under Pay Plan Codes Ad, Es, Gm, And Gs 32
FP - Foreign Service Personnel 21
SL - Senior Level Positions 21
RG - Scientists Appointed As Fellows And Compensated Under 42 U.s.c. 209(g). Includes Non-citizens Whose Employment 21
EF - Consultant (5 U.s.c. 3109) 20
GG - Grades Similar To General Schedule 16
MC - Employees Of The Millennium Challenge Corporation Appointed Under Public Law 108-199 Only. 14
FO - Foreign Service Officers 11
OR - Employees Of The Office Of Financial Research (ofr) Within The Department Of The Treasury 9
IR - Internal Revenue Service Broadband Classification And Pay System Positions Only 7
SV - Transportation Security Administration Employees Other Than Executives 7
VH - Professional, Administrative, And Managerial 6
EI - Advisory Committee Member (other) 6
CU - Credit Union Employees 5
RF - Employees Appointed And Compensated As Special Consultants Under 42 U.s.c. 209(f). Includes Non-citizens Whose 4
GM - Employees Covered By The Performance Management And Recognition System (pmrs) Termination Provisions 3
RA - Department Of Agriculture Positions In The Senior Scientific Research Service 3
LL - Executives At The Federal Housing Finance Agency 3
EH - Advisory Committee Member (5 U.s.c. 3109) 3
ED - Expert (5 U.s.c. 3109) 3
RS - Senior Biomedical Research Service 2
CM - Fdic Supervisory And Managerial Positions Below The Executive Level Only 2
CX - Senior Expert Positions In The Federal Deposit Insurance Corporation 2
SO - Executive Positions Employed By The Securities And Exchange Commission (sec) And Formerly Under The Es Pay Pla 2
ST - Scientific And Professional 2
EJ - The Department Of Energy Organization Act Excepted Service 1
EX - Executive Pay 1
SS - Senior Staff Positions 1

Starting Paygrade: $34,649.00 / year base pay at paygrade GS-6, Step 1
Maximum Paygrade: $146,757.00 / 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
Motor Carrier SafetyAdministrative and ManagementGS-4GS-15
Human Resources ManagementAdministrative and ManagementGS-4GS-15
Tax SpecialistAdministrative and ManagementGS-4GS-15
GeneticsProfessional and ScientificGS-6GS-15
Respiratory TherapistTechnical and Medical SupportGS-1GS-9

Average Economist Pay Trend from 2004 to 2021

In 2004, the average pay for an Economist was $87,989. Since then, the average pay has increased to $131,693 in 2021.


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.

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Source: www.federalpay.org/employees/occupations/economist