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Economist - Federal Salaries of 2006

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $95,572.53* *Based on the 2006 average.
4,192 EMPLOYEES
$400.26M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 68th most popular job in the U.S. Government in 2006, with 4,192 employed. The most common payscale was the general schedule payscale.

In 2006, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $78,064.

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 1,317 $78,063.81
Bureau of Economic Analysis 283 $87,738.83
Economic Research Service 216 $108,530.50
Departmental Offices 210 $113,909.40
Internal Revenue Service 190 $92,015.68
Department of Energy 165 $94,867.28
Environmental Protection Agency 162 $105,017.57
Foreign Agricultural Service 81 $84,063.37
Federal Trade Commission 77 $124,154.04
International Trade Administration 67 $97,714.90
National Oceanic and Atmospheric Administration 63 $92,711.90
Federal Deposit Insurance Corporation 61 $100,719.66
Federal Communications Commission 57 $128,236.26
Offices, Boards and Divisions 55 $128,063.04
Office of Comptroller of Currency 50 $137,127.78
Natural Resources Conservation Service 48 $84,095.00
Centers for Disease Control and Prevention 44 $85,243.89
U.S. International Trade Commission 44 $103,146.57
Commodity Futures Trading Commission 44 $127,811.52
Social Security Administration 37 $102,738.57
Agricultural Marketing Service 34 $86,439.44
Federal Aviation Administration 34 $102,961.56
Bureau of Reclamation 32 $81,065.69
Forest Service 32 $89,415.56
Securities and Exchange Commission 30 $149,247.30
Centers for Medicare & Medicaid Services 30 $104,670.70
Agency for International Development 29 $113,764.93
Farm Service Agency 28 $111,619.82
Office of the Chief Economist 27 $128,613.00
Department of State 25 $112,226.40
Animal and Plant Health Inspection Service 25 $88,826.56
National Institute of Standards and Technology 25 $105,245.00
Bureau of the Census 24 $103,660.67
Assistant Secretary for Policy Development and Resolution 21 $104,874.76
Office of Management and Budget 20 $135,068.75
Agency for Healthcare Research and Quality 19 $123,086.84
Food and Drug Administration 18 $104,497.00
Geological Survey 17 $101,983.71
Rural Business-Cooperative Service 17 $109,281.65
Economics and Statistics Administration 16 $118,799.00
Bureau of Ocean Energy Management, Regulation., & Enforcement 15 $100,165.33
Office of the Secretary, Research and Technology 15 $99,482.67
Office of the U.S. Trade Representative 15 $132,589.13
National Science Foundation 14 $122,516.14
Risk Management Agency 14 $87,211.93
Bureau of International Labor Affairs 13 $105,804.31
Occupational Safety and Health Administration 13 $108,440.77
Bureau of Land Management 13 $87,926.15
Grain Inspection, Packers & Stockyards Administration 13 $90,167.00
National Institutes of Health 12 $96,641.92
Federal Railroad Administration 12 $113,575.00
Veterans Health Administration 11 $99,868.36
U.S. Coast Guard 11 $82,451.00
Office of Assistant Secretary for Policy 10 $119,212.00
Federal Housing Finance Board 10 $140,218.80
U.S. Fish and Wildlife Service 9 $95,832.44
Overseas Private Investment Corporation 9 $92,722.89
Consumer Product Safety Commission 9 $115,473.89
Export-Import Bank of the United States 8 $97,573.25
Office of Senior Coordinator for Southeast/Caribbean 8 $75,712.25
Small Business Administration 8 $111,668.50
Office of Secretary of Transportation 8 $122,494.25
Maritime Administration 8 $91,785.50
Surface Transportation Board 7 $119,359.29
Office of the Secretary of the Interior 7 $112,425.86
Assistant Secretary for Housing-Federal Housing Commissioner 6 $110,278.50
Office of Senior Coordinator for Midwest 6 $90,702.00
Federal Maritime Commission 6 $98,171.00
Transportation Security Administration 5 $77,270.00
Nuclear Regulatory Commission 5 $110,112.20
Office of Thrift Supervision 5 $134,655.40
Mine Safety and Health Administration 5 $111,439.20
Office Secretary Health and Human Services 5 $121,872.20
Department of Homeland Security Headquarters 5 $115,271.60
Office of Senior Coordinator for Southwest 4 $85,503.50
Office of Senior Coordinator for Rocky Mountains 4 $71,697.50
Office of Senior Coordinator for Pacific/Hawaii 4 $108,381.75
Millennium Challenge Corporation 4 $125,000.00
Employee Benefits Security Administration 4 $100,802.75
Federal Transit Administration 4 $112,094.25
Office of Inspector General (Department of Transportation) 4 $75,640.75
Food and Nutrition Service 4 $95,191.50
Food Safety and Inspection Service 4 $106,840.50
Office of Senior Coordinator for Mid-Atlantic 4 $73,813.00
Institute of Education Sciences 3 $119,533.33
Farm Credit Administration 3 $116,758.67
Railroad Retirement Board 3 $81,970.00
Federal Highway Administration 3 $107,656.33
Pension Benefit Guaranty Corporation 3 $117,685.00
Council of Economic Advisers 3 $112,398.33
Employment and Training Administration 3 $78,446.67
National Park Service 2 $84,200.00
Agricultural Research Service 2 $88,132.50
Patent and Trademark Office 2 $77,409.50
Federal Motor Carrier Safety Administration 2 $85,598.50
Employment Standards Administration 2 $112,166.50
Equal Employment Opportunity Commission 2 $129,301.00
Substance Abuse & Mental Health Service Administration 2 $74,386.00
Office of Federal Housing Enterprise Oversight 2 $166,191.00
Office of Senior Coordinator for Northwest/Alaska 2 $102,118.00
Office of Planning, Evaluation and Policy Development 1 $84,559.00
Office of Senior Coordinator for New England 1 $112,012.00
Health Resources and Services Administration 1 $100,554.00
Office of Senior Coordinator for New York/New Jersey 1 $97,148.00
Office of Surface Mining, Reclamation and Enforcement 1 $118,828.00
Rural Housing Service 1 $74,747.00
National Highway Traffic Safety Administration 1 $100,547.00
Rural Utilities Service 1 $100,547.00
Bureau of Transportation Statistics 1 $71,552.00
African Development Foundation 1 $112,734.00
Financial Crimes Enforcement Network 1 $139,774.00
National Telecommunications and Information Administration 1 $139,774.00
Deputy Assistant Secretary for Program & Data Analysis 1 $115,781.00
National Credit Union Administration 1 $75,603.00
Bureau of Customs and Border Protection 1 $100,547.00
Office of Secretary of Labor 1 $125,439.00
Federal Emergency Management Agency 1 $100,554.00
Women's Bureau 1 $100,554.00
Assistant Secretary for Public and Indian Housing 1 $90,242.00

Economist Pay Distribution

The average pay for an Economist is $95,572.53. The highest paid Economist made $215,502 in 2006.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 3,173
ZP - Scientific And Engineering Professional 342
GM - Emp Covered By Pmrs Termination Provisns 160
ES - Senior Executive Service 89
CG - Corporate Graded 56
NB - Ofc Of Comptroller Of The Currency Only 50
AD - Administratively Determined Rates, Not E 49
CT - Commodity Futures Trading Commission Pos 44
ED - Expert (5 U.s.c. 3109) 35
EF - Consultant (5 U.s.c. 3109) 28
SK - Sec Emp Formerly Under Gs, Gm, And Ez 28
FG - Similar To The General Schedule 23
IR - Irs Broadband Class And Pay System Pos 12
FV - Faa Core Compensation Plan 11
FP - Foreign Service Personnel 11
MA - Milk Marketing 10
SL - Senior Level Positions 9
GG - Grades Similar To General Schedule 8
TM - Federal Housing Finance Board Merit Pay 7
FO - Foreign Service Officers 6
TG - Ofc Of Thrift Supervision Salary Schedul 5
EI - Advisory Committee Member (other) 5
SV - Trans Security Admin Emp Other Than Exec 5
MC - Emp Of Millennium Challenge Corporation 4
TF - Federal Housing Finance Board Executive 3
CM - Fdic Suprv And Mangr Pos Below Exec Lev 3
VH - Professional, Admin., And Managerial 3
EE - Expert (other) 2
OF - Ofc Of Fed Housing Enterprise Oversight 2
EM - Fdic Executive-level Positions Only 2
SO - Sec Emp Formerly Under Es Pay Plan 2
CU - Credit Union Employees 1
EJ - Dept Of Energy Org Act Excepted Service 1
RS - Senior Biomedical Research Service 1
EH - Advisory Committee Member (5 U.s.c. 3109 1
FE - Senior Foreign Service 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/2006