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Economist - Federal Salaries of 2007

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $98,861.96* *Based on the 2007 average.
4,093 EMPLOYEES
$404.44M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 68th most popular job in the U.S. Government in 2007, with 4,093 employed. The most common payscale was the general schedule payscale.

In 2007, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $81,325.

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 1,288 $81,324.71
Bureau of Economic Analysis 252 $94,188.29
Departmental Offices 215 $114,869.53
Economic Research Service 213 $111,111.31
Internal Revenue Service 190 $94,913.23
Department of Energy 173 $97,477.29
Environmental Protection Agency 164 $108,181.49
Foreign Agricultural Service 82 $81,752.18
Federal Trade Commission 77 $127,362.91
National Oceanic and Atmospheric Administration 63 $97,408.89
International Trade Administration 59 $104,305.83
Federal Deposit Insurance Corporation 57 $107,254.37
Offices, Boards and Divisions 56 $131,355.75
Federal Communications Commission 56 $132,632.29
Office of Comptroller of Currency 53 $145,039.21
Centers for Disease Control and Prevention 45 $87,660.51
Natural Resources Conservation Service 43 $85,657.23
Commodity Futures Trading Commission 41 $133,405.51
U.S. International Trade Commission 40 $106,832.05
Social Security Administration 35 $108,905.14
Bureau of the Census 31 $95,695.23
Centers for Medicare & Medicaid Services 31 $103,340.03
Forest Service 31 $90,204.52
Farm Service Agency 30 $113,724.83
Bureau of Reclamation 30 $81,961.63
Federal Aviation Administration 29 $104,370.31
Office of the Chief Economist 28 $131,398.79
Agency for International Development 27 $111,456.26
Animal and Plant Health Inspection Service 26 $93,899.69
Securities and Exchange Commission 26 $156,010.69
Assistant Secretary for Policy Development and Resolution 24 $106,198.04
Agricultural Marketing Service 24 $98,971.17
Department of State 24 $113,824.17
National Institute of Standards and Technology 22 $106,175.77
Agency for Healthcare Research and Quality 19 $127,441.11
Economics and Statistics Administration 17 $120,435.41
Office of the Secretary, Research and Technology 17 $91,648.71
Food and Drug Administration 17 $106,943.41
Office of Management and Budget 16 $138,413.50
Geological Survey 15 $107,598.73
Rural Business-Cooperative Service 14 $111,332.64
National Institutes of Health 14 $93,776.93
National Science Foundation 14 $127,738.79
Risk Management Agency 13 $90,000.08
Bureau of International Labor Affairs 13 $110,389.08
Occupational Safety and Health Administration 13 $109,100.62
Office of the U.S. Trade Representative 13 $137,398.69
Grain Inspection, Packers & Stockyards Administration 12 $92,753.75
Federal Railroad Administration 12 $115,523.25
Bureau of Ocean Energy Management, Regulation., & Enforcement 12 $105,650.75
Office of Assistant Secretary for Policy 11 $122,708.45
Bureau of Land Management 10 $88,338.40
Small Business Administration 9 $113,057.22
Consumer Product Safety Commission 9 $113,615.00
Veterans Health Administration 9 $101,376.44
Federal Housing Finance Board 9 $149,032.22
U.S. Coast Guard 8 $88,330.50
Office of Senior Coordinator for Southeast/Caribbean 8 $81,365.38
U.S. Fish and Wildlife Service 8 $103,753.63
Export-Import Bank of the United States 8 $102,573.50
Overseas Private Investment Corporation 8 $101,009.88
Office of Secretary of Transportation 8 $123,767.38
Office of the Secretary of the Interior 7 $119,053.14
Employee Benefits Security Administration 7 $86,552.29
Maritime Administration 7 $105,711.14
Surface Transportation Board 7 $120,884.57
Office of Thrift Supervision 6 $149,276.17
Office of Senior Coordinator for Midwest 6 $92,661.33
Federal Maritime Commission 6 $103,227.33
Food Safety and Inspection Service 5 $103,591.40
Office of Inspector General (Department of Transportation) 5 $74,387.60
Department of Homeland Security Headquarters 5 $113,314.80
Office of Senior Coordinator for Southwest 5 $85,443.60
Mine Safety and Health Administration 5 $115,635.60
Office Secretary Health and Human Services 5 $125,665.20
Pension Benefit Guaranty Corporation 4 $102,889.00
Council of Economic Advisers 4 $101,520.25
Farm Credit Administration 4 $134,682.75
Nuclear Regulatory Commission 4 $115,984.50
Assistant Secretary for Housing-Federal Housing Commissioner 4 $108,259.00
Office of Senior Coordinator for Pacific/Hawaii 4 $112,095.25
Millennium Challenge Corporation 4 $123,968.00
Office of Senior Coordinator for Rocky Mountains 3 $85,494.00
Office of Senior Coordinator for Northwest/Alaska 3 $83,156.67
Employment and Training Administration 3 $80,523.67
Institute of Education Sciences 3 $123,923.00
Railroad Retirement Board 3 $85,333.00
Food and Nutrition Service 3 $91,249.67
Transportation Security Administration 3 $105,780.33
Bureau of Customs and Border Protection 3 $101,119.67
Office of Senior Coordinator for Mid-Atlantic 3 $87,326.00
Office of Federal Housing Enterprise Oversight 2 $172,291.00
National Park Service 2 $93,984.50
Office of Surface Mining, Reclamation and Enforcement 2 $89,064.00
Employment Standards Administration 2 $115,136.00
Equal Employment Opportunity Commission 2 $132,719.00
Agricultural Research Service 2 $91,724.00
Patent and Trademark Office 2 $84,985.50
National Credit Union Administration 2 $83,478.00
Federal Highway Administration 2 $106,842.50
Federal Transit Administration 2 $115,904.50
Rural Utilities Service 1 $103,204.00
Office of Disability Employment Policy 1 $168,000.00
Office of the Inspector General (Department of Agriculture) 1 $103,204.00
Women's Bureau 1 $103,220.00
Office of Budget and Program Analysis 1 $66,767.00
Office of Planning, Evaluation and Policy Development 1 $86,801.00
African Development Foundation 1 $115,713.00
National Highway Traffic Safety Administration 1 $103,204.00
National Telecommunications and Information Administration 1 $143,471.00
Bureau of Transportation Statistics 1 $79,547.00
Ous for Science and Technology 1 $128,757.00
Federal Motor Carrier Safety Administration 1 $68,993.00
Assistant Secretary for Fair Housing and Equal Opportunity 1 $110,363.00
Financial Crimes Enforcement Network 1 $143,471.00
Assistant Secretary for Public and Indian Housing 1 $92,632.00
Office of Inspector General for Tax Administration 1 $47,576.00
Office of Senior Coordinator for New England 1 $114,845.00
Deputy Assistant Secretary for Program & Data Analysis 1 $118,840.00
Office of Senior Coordinator for New York/New Jersey 1 $99,355.00
Rural Housing Service 1 $78,217.00
Office of Secretary of Labor 1 $132,435.00

Economist Pay Distribution

The average pay for an Economist is $98,861.96. The highest paid Economist made $216,200 in 2007.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 3,128
ZP - Scientific And Engineering Professional 325
GM - Emp Covered By Pmrs Termination Provisns 138
ES - Senior Executive Service 86
AD - Administratively Determined Rates, Not E 55
NB - Ofc Of Comptroller Of The Currency Only 53
CG - Corporate Graded 53
CT - Commodity Futures Trading Commission Pos 41
ED - Expert (5 U.s.c. 3109) 37
EF - Consultant (5 U.s.c. 3109) 29
SK - Sec Emp Formerly Under Gs, Gm, And Ez 24
FG - Similar To The General Schedule 18
IR - Irs Broadband Class And Pay System Pos 12
FV - Faa Core Compensation Plan 11
FO - Foreign Service Officers 10
FP - Foreign Service Personnel 9
SL - Senior Level Positions 8
EI - Advisory Committee Member (other) 7
GG - Grades Similar To General Schedule 7
TG - Ofc Of Thrift Supervision Salary Schedul 6
TM - Federal Housing Finance Board Merit Pay 6
MC - Emp Of Millennium Challenge Corporation 4
VH - Professional, Admin., And Managerial 4
TF - Federal Housing Finance Board Executive 3
SV - Trans Security Admin Emp Other Than Exec 3
CM - Fdic Suprv And Mangr Pos Below Exec Lev 3
CU - Credit Union Employees 2
OF - Ofc Of Fed Housing Enterprise Oversight 2
SO - Sec Emp Formerly Under Es Pay Plan 2
EE - Expert (other) 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
EM - Fdic Executive-level Positions Only 1
ZA - Administrative 1
EX - Executive Pay 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 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/2007