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Economist - Federal Salaries of 2005

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $91,384.68* *Based on the 2005 average.
4,742 EMPLOYEES
$432.52M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 61st most popular job in the U.S. Government in 2005, with 4,742 employed. The most common payscale was the general schedule payscale.

In 2005, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $76,665.

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 1,292 $76,665.39
Department of State 577 $82,160.84
Bureau of Economic Analysis 280 $84,675.95
Economic Research Service 221 $104,127.26
Departmental Offices 215 $109,680.73
Internal Revenue Service 189 $88,397.57
Environmental Protection Agency 169 $100,510.47
Department of Energy 163 $98,103.29
Foreign Agricultural Service 89 $79,071.39
Federal Trade Commission 74 $120,619.97
International Trade Administration 68 $95,774.82
National Oceanic and Atmospheric Administration 60 $88,837.00
Offices, Boards and Divisions 58 $124,144.57
Federal Communications Commission 56 $122,494.11
Natural Resources Conservation Service 52 $77,991.27
Federal Deposit Insurance Corporation 51 $104,104.57
Commodity Futures Trading Commission 45 $121,677.62
Centers for Disease Control and Prevention 44 $79,494.61
Office of Comptroller of Currency 43 $131,078.14
U.S. International Trade Commission 41 $100,986.44
Agricultural Marketing Service 38 $82,405.89
Social Security Administration 37 $99,689.57
Forest Service 35 $87,978.16
Bureau of Reclamation 33 $76,826.27
Securities and Exchange Commission 31 $139,367.42
Federal Aviation Administration 31 $99,622.10
Farm Service Agency 30 $106,554.23
Bureau of the Census 27 $98,355.63
Centers for Medicare & Medicaid Services 27 $101,396.89
Agency for International Development 26 $111,555.46
National Institute of Standards and Technology 26 $100,590.69
Office of the Chief Economist 24 $128,298.17
Office of Management and Budget 23 $129,526.78
Animal and Plant Health Inspection Service 22 $88,783.91
Assistant Secretary for Policy Development and Resolution 20 $114,030.65
Agency for Healthcare Research and Quality 20 $114,691.45
Food and Drug Administration 20 $101,222.10
Rural Business-Cooperative Service 19 $101,025.11
Grain Inspection, Packers & Stockyards Administration 19 $84,716.47
Economics and Statistics Administration 17 $112,112.12
Geological Survey 16 $98,632.75
Office of the U.S. Trade Representative 16 $127,673.13
Bureau of Ocean Energy Management, Regulation., & Enforcement 15 $93,302.33
Bureau of International Labor Affairs 15 $101,140.67
Office of the Secretary, Research and Technology 15 $94,849.27
Risk Management Agency 14 $81,195.29
Bureau of Land Management 14 $88,883.14
Occupational Safety and Health Administration 14 $103,756.36
Veterans Health Administration 13 $92,494.31
Federal Railroad Administration 13 $114,702.00
National Science Foundation 13 $116,505.54
Consumer Product Safety Commission 10 $108,557.40
U.S. Fish and Wildlife Service 9 $89,017.11
Office of Assistant Secretary for Policy 9 $121,536.22
Overseas Private Investment Corporation 9 $83,323.78
National Institutes of Health 9 $120,519.29
U.S. Coast Guard 9 $84,246.33
Maritime Administration 9 $81,457.78
Small Business Administration 8 $104,814.00
Office of Secretary of Transportation 8 $117,874.38
Surface Transportation Board 8 $117,127.00
Export-Import Bank of the United States 8 $92,680.50
Substance Abuse & Mental Health Service Administration 7 $91,118.43
Office of Senior Coordinator for Midwest 7 $90,715.00
Office of Senior Coordinator for Southeast/Caribbean 6 $80,000.83
Office of the Secretary of the Interior 6 $110,134.83
Federal Maritime Commission 6 $93,916.00
Council of Economic Advisers 6 $75,883.33
Office Secretary Health and Human Services 6 $114,723.17
Transportation Security Administration 5 $62,882.00
Assistant Secretary for Housing-Federal Housing Commissioner 5 $111,273.20
Office of Senior Coordinator for Southwest 5 $84,212.00
Food Safety and Inspection Service 5 $102,641.60
Mine Safety and Health Administration 5 $99,676.00
Office of Thrift Supervision 4 $125,033.25
Agricultural Research Service 4 $94,816.75
Food and Nutrition Service 4 $92,028.75
Patent and Trademark Office 4 $80,550.25
Office of Senior Coordinator for Mid-Atlantic 4 $76,892.75
Office of Senior Coordinator for Pacific/Hawaii 4 $103,724.75
Employee Benefits Security Administration 4 $98,405.00
Department of Homeland Security Headquarters 4 $105,454.25
Federal Transit Administration 4 $106,494.50
Railroad Retirement Board 3 $78,601.00
Federal Highway Administration 3 $112,359.33
Federal Motor Carrier Safety Administration 3 $89,952.00
Office of Senior Coordinator for New York/New Jersey 3 $87,614.67
Office of Senior Coordinator for Rocky Mountains 3 $79,991.00
Employment and Training Administration 3 $75,837.33
Institute of Education Sciences 3 $113,254.00
Farm Credit Administration 3 $136,814.00
Federal Housing Finance Board 3 $152,993.00
Pension Benefit Guaranty Corporation 3 $112,795.33
Nuclear Regulatory Commission 3 $107,361.67
Women's Bureau 2 $97,213.00
Equal Employment Opportunity Commission 2 $125,009.00
Health Resources and Services Administration 2 $94,720.50
Office of Federal Housing Enterprise Oversight 2 $158,424.00
Assistant Secretary for Public and Indian Housing 2 $88,033.00
Office of Senior Coordinator for Northwest/Alaska 2 $97,419.00
National Park Service 2 $76,179.50
Office of Surface Mining, Reclamation and Enforcement 2 $73,694.00
Bureau of Transportation Statistics 2 $80,700.50
Employment Standards Administration 2 $108,441.50
Civil Rights 1 $106,044.00
Office of Senior Coordinator for New England 1 $105,329.00
Rural Housing Service 1 $72,688.00
Office of Senior Coordinator for Great Plains 1 $97,026.00
African Development Foundation 1 $108,044.00
National Highway Traffic Safety Administration 1 $94,260.00
National Telecommunications and Information Administration 1 $135,136.00
Office of Inspector General (Department of Transportation) 1 $87,444.00
National Credit Union Administration 1 $67,722.00
U.S. Mint 1 $110,690.00
Financial Crimes Enforcement Network 1 $135,136.00
Office of Inspector General (Department of Treasury) 1 $97,206.00
Deputy Assistant Secretary for Program & Data Analysis 1 $108,990.00
Office of the Inspector General (Department of Homeland Security) 1 $97,206.00
Office of Secretary of Labor 1 $117,809.00
Bureau of Customs and Border Protection 1 $97,206.00
Office of Planning, Evaluation and Policy Development 1 $81,747.00
Federal Emergency Management Agency 1 $97,213.00

Economist Pay Distribution

The average pay for an Economist is $91,384.68. The highest paid Economist made $208,100 in 2005.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 3,163
FO - Foreign Service Officers 359
ZP - Scientific And Engineering Professional 338
GM - Emp Covered By Pmrs Termination Provisns 203
FP - Foreign Service Personnel 184
ES - Senior Executive Service 91
AD - Administratively Determined Rates, Not E 62
CG - Corporate Graded 47
CT - Commodity Futures Trading Commission Pos 45
NB - Ofc Of Comptroller Of The Currency Only 43
ED - Expert (5 U.s.c. 3109) 34
SK - Sec Emp Formerly Under Gs, Gm, And Ez 28
EF - Consultant (5 U.s.c. 3109) 27
FE - Senior Foreign Service 22
FG - Similar To The General Schedule 21
MA - Milk Marketing 12
FV - Faa Core Compensation Plan 10
SL - Senior Level Positions 9
GG - Grades Similar To General Schedule 6
IR - Irs Broadband Class And Pay System Pos 5
SV - Trans Security Admin Emp Other Than Exec 5
TG - Ofc Of Thrift Supervision Salary Schedul 4
EI - Advisory Committee Member (other) 3
CM - Fdic Suprv And Mangr Pos Below Exec Lev 3
VH - Professional, Admin., And Managerial 3
EX - Executive Pay 2
TF - Federal Housing Finance Board Executive 2
OF - Ofc Of Fed Housing Enterprise Oversight 2
SO - Sec Emp Formerly Under Es Pay Plan 2
TM - Federal Housing Finance Board Merit Pay 1
ST - Scientific And Professional 1
EE - Expert (other) 1
EJ - Dept Of Energy Org Act Excepted Service 1
RS - Senior Biomedical Research Service 1
EM - Fdic Executive-level Positions Only 1
CU - Credit Union Employees 1

Starting Paygrade: $32,264.00 / year base pay at paygrade GS-6, Step 1
Maximum Paygrade: $136,659.00 / 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 2017

In 2004, the average pay for an Economist was $87,989. Since then, the average pay has increased to $121,424 in 2017.


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/2005