Economist - Federal Salaries of 2004

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $87,989.18* *Based on the 2004 average.
4,766 EMPLOYEES
$418.21M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 60th most popular job in the U.S. Government in 2004, with 4,766 employed. The most common payscale was the general schedule payscale.

In 2004, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $74,446.

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 1,270 $74,445.54
Department of State 583 $80,664.55
Bureau of Economic Analysis 281 $80,731.47
Economic Research Service 247 $99,388.88
Departmental Offices 220 $103,781.21
Internal Revenue Service 186 $82,488.69
Environmental Protection Agency 163 $96,052.98
Department of Energy 160 $95,600.80
Foreign Agricultural Service 95 $72,272.61
Federal Trade Commission 78 $117,252.79
International Trade Administration 69 $93,794.03
Federal Communications Commission 61 $115,118.57
National Oceanic and Atmospheric Administration 57 $85,899.65
Offices, Boards and Divisions 57 $120,175.61
Natural Resources Conservation Service 54 $73,163.93
Federal Deposit Insurance Corporation 52 $96,430.62
Office of Comptroller of Currency 45 $126,998.22
Commodity Futures Trading Commission 42 $115,630.05
Centers for Disease Control and Prevention 41 $75,878.12
U.S. International Trade Commission 38 $99,713.00
Forest Service 38 $84,774.06
Social Security Administration 34 $94,168.18
Agricultural Marketing Service 34 $77,994.85
Federal Aviation Administration 33 $96,843.88
Bureau of Reclamation 32 $76,251.63
Agency for International Development 32 $100,507.06
Centers for Medicare & Medicaid Services 29 $94,256.17
Farm Service Agency 29 $104,000.03
Securities and Exchange Commission 27 $133,429.81
Bureau of the Census 26 $87,556.27
National Institute of Standards and Technology 25 $99,464.52
Office of the Chief Economist 24 $120,780.54
Assistant Secretary for Policy Development and Resolution 23 $107,154.30
Office of Management and Budget 22 $124,318.00
Rural Business-Cooperative Service 21 $98,416.95
Grain Inspection, Packers & Stockyards Administration 21 $79,258.05
Animal and Plant Health Inspection Service 20 $81,424.75
Agency for Healthcare Research and Quality 20 $110,274.21
Food and Drug Administration 19 $97,262.21
Economics and Statistics Administration 19 $111,481.84
Office of the U.S. Trade Representative 17 $123,347.00
Bureau of International Labor Affairs 17 $100,365.94
Bureau of Ocean Energy Management, Regulation., & Enforcement 16 $85,852.19
Geological Survey 15 $96,792.73
National Science Foundation 15 $112,549.53
Occupational Safety and Health Administration 15 $98,100.27
Federal Railroad Administration 14 $109,576.38
Bureau of Land Management 14 $84,698.14
Risk Management Agency 14 $71,636.21
Veterans Health Administration 13 $88,952.92
Office of Assistant Secretary for Policy 12 $115,325.00
Office of the Secretary, Research and Technology 11 $82,907.09
Office of Secretary of Transportation 10 $114,752.90
Small Business Administration 9 $100,744.78
Consumer Product Safety Commission 9 $103,865.89
Surface Transportation Board 9 $110,118.78
Overseas Private Investment Corporation 9 $74,963.11
National Institutes of Health 9 $97,572.89
Council of Economic Advisers 9 $77,912.22
Maritime Administration 8 $80,684.25
Export-Import Bank of the United States 8 $87,093.50
Office Secretary Health and Human Services 8 $111,257.75
U.S. Fish and Wildlife Service 8 $87,770.38
Substance Abuse & Mental Health Service Administration 7 $87,452.00
U.S. Coast Guard 7 $81,641.14
Federal Housing Finance Board 7 $125,976.29
Office of Senior Coordinator for Midwest 6 $86,138.33
Office of the Secretary of the Interior 6 $118,184.83
Bureau of Transportation Statistics 5 $109,278.40
Office of Senior Coordinator for Southeast/Caribbean 5 $71,514.00
Office of Senior Coordinator for Southwest 5 $78,151.20
Federal Maritime Commission 5 $79,833.60
Food Safety and Inspection Service 5 $93,341.40
Mine Safety and Health Administration 5 $95,632.80
Pension Benefit Guaranty Corporation 4 $98,766.50
Federal Transit Administration 4 $102,688.00
Employee Benefits Security Administration 4 $94,060.50
Department of Homeland Security Headquarters 4 $106,379.75
Transportation Security Administration 4 $74,865.75
Assistant Secretary for Housing-Federal Housing Commissioner 4 $106,425.75
Office of Senior Coordinator for New York/New Jersey 4 $81,320.75
Office of Senior Coordinator for Mid-Atlantic 4 $70,829.25
Office of Senior Coordinator for Pacific/Hawaii 4 $99,553.50
Agricultural Research Service 4 $90,189.00
Food and Nutrition Service 4 $87,634.25
Nuclear Regulatory Commission 4 $107,957.75
Railroad Retirement Board 3 $74,373.00
Federal Highway Administration 3 $108,362.33
Office of Inspector General (Department of Transportation) 3 $77,900.00
Employment and Training Administration 3 $71,891.00
Institute of Education Sciences 3 $106,979.00
Office of Senior Coordinator for Northwest/Alaska 2 $93,961.50
National Park Service 2 $64,194.00
Office of Surface Mining, Reclamation and Enforcement 2 $67,765.50
Patent and Trademark Office 2 $102,672.50
Employment Standards Administration 2 $104,565.50
Women's Bureau 2 $93,742.00
Federal Motor Carrier Safety Administration 2 $99,412.50
Equal Employment Opportunity Commission 2 $121,290.00
Office of Thrift Supervision 2 $128,230.00
Farm Credit Administration 2 $128,640.00
Office of Federal Housing Enterprise Oversight 2 $0.00
Health Resources and Services Administration 2 $91,338.50
Assistant Secretary for Public and Indian Housing 2 $84,887.00
Office of Senior Coordinator for Rocky Mountains 2 $89,286.00
Office of the Inspector General (Department of Homeland Security) 1 $90,891.00
Financial Crimes Enforcement Network 1 $130,305.00
Federal Emergency Management Agency 1 $93,742.00
Office of Inspector General (Department of Treasury) 1 $93,732.00
Office of Senior Coordinator for New England 1 $101,460.00
Deputy Assistant Secretary for Program & Data Analysis 1 $105,094.00
Office of Senior Coordinator for Great Plains 1 $93,969.00
Civil Rights 1 $102,253.00
Rural Housing Service 1 $70,396.00
Minority Business Development Agency 1 $64,680.00
National Telecommunications and Information Administration 1 $126,963.00
Office of the Chief Financial Officer (Department of Labor) 1 $68,722.00
Office of the Deputy Secretary of Education 1 $78,826.00
National Highway Traffic Safety Administration 1 $84,127.00
Advisory Councils and Committees 1 $129,981.00
U.S. Mint 1 $103,953.00

Economist Pay Distribution

The average pay for an Economist is $87,989.18. The highest paid Economist made $190,080 in 2004.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 3,146
FO - Foreign Service Officers 366
ZP - Scientific And Engineering Professional 335
GM - Emp Covered By Pmrs Termination Provisns 245
FP - Foreign Service Personnel 183
ES - Senior Executive Service 88
AD - Administratively Determined Rates, Not E 60
CG - Corporate Graded 50
NB - Ofc Of Comptroller Of The Currency Only 45
CT - Commodity Futures Trading Commission Pos 42
EF - Consultant (5 U.s.c. 3109) 33
ED - Expert (5 U.s.c. 3109) 28
FE - Senior Foreign Service 26
SK - Sec Emp Formerly Under Gs, Gm, And Ez 24
FG - Similar To The General Schedule 23
MA - Milk Marketing 12
SL - Senior Level Positions 11
FV - Faa Core Compensation Plan 10
GG - Grades Similar To General Schedule 6
TM - Federal Housing Finance Board Merit Pay 5
SV - Trans Security Admin Emp Other Than Exec 4
EX - Executive Pay 3
EI - Advisory Committee Member (other) 3
TG - Ofc Of Thrift Supervision Salary Schedul 2
IR - Irs Broadband Class And Pay System Pos 2
** - 2
CM - Fdic Suprv And Mangr Pos Below Exec Lev 2
SO - Sec Emp Formerly Under Es Pay Plan 2
VH - Professional, Admin., And Managerial 2
TF - Federal Housing Finance Board Executive 2
EE - Expert (other) 1
RS - Senior Biomedical Research Service 1
ST - Scientific And Professional 1
EJ - Dept Of Energy Org Act Excepted Service 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/2004