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Economist - Federal Salaries of 2008

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $104,181.47* *Based on the 2008 average.
4,051 EMPLOYEES
$421.83M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 70th most popular job in the U.S. Government in 2008, with 4,051 employed. The most common payscale was the general schedule payscale.

In 2008, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $87,202.

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 1,208 $87,202.09
Bureau of Economic Analysis 266 $98,072.81
Economic Research Service 225 $113,119.50
Departmental Offices 219 $119,201.36
Internal Revenue Service 193 $97,002.68
Department of Energy 168 $102,977.42
Environmental Protection Agency 163 $111,273.38
Federal Trade Commission 74 $134,513.07
Foreign Agricultural Service 71 $90,096.80
National Oceanic and Atmospheric Administration 64 $103,934.42
Federal Deposit Insurance Corporation 61 $107,224.16
Offices, Boards and Divisions 61 $134,919.41
Office of Comptroller of Currency 56 $151,213.05
International Trade Administration 55 $108,217.64
Federal Communications Commission 54 $142,108.37
Centers for Disease Control and Prevention 49 $93,787.43
Commodity Futures Trading Commission 48 $136,976.56
Natural Resources Conservation Service 43 $92,838.74
U.S. International Trade Commission 39 $113,896.26
Social Security Administration 35 $114,238.43
Bureau of the Census 35 $95,504.09
Securities and Exchange Commission 32 $166,958.06
Centers for Medicare & Medicaid Services 32 $112,067.47
Forest Service 31 $90,400.42
Farm Service Agency 30 $121,268.70
Federal Aviation Administration 30 $107,732.10
Agency for International Development 29 $109,352.76
Bureau of Reclamation 29 $83,099.69
Agricultural Marketing Service 28 $105,492.64
Office of the Chief Economist 26 $139,358.42
Animal and Plant Health Inspection Service 24 $102,530.92
National Institute of Standards and Technology 23 $111,879.87
Assistant Secretary for Policy Development and Resolution 20 $116,914.35
Agency for Healthcare Research and Quality 18 $134,849.33
Food and Drug Administration 18 $113,119.56
Department of State 18 $123,987.17
Economics and Statistics Administration 16 $132,086.38
Geological Survey 16 $106,262.25
Risk Management Agency 16 $90,880.25
Office of the Secretary, Research and Technology 15 $93,654.73
Occupational Safety and Health Administration 15 $112,419.33
National Institutes of Health 15 $95,660.00
Bureau of Ocean Energy Management, Regulation., & Enforcement 14 $109,099.93
Rural Business-Cooperative Service 14 $117,184.00
Bureau of International Labor Affairs 13 $117,167.08
Office of the U.S. Trade Representative 13 $144,920.85
Office of Management and Budget 13 $143,639.92
U.S. Coast Guard 13 $92,583.08
National Science Foundation 12 $134,318.33
Grain Inspection, Packers & Stockyards Administration 11 $92,584.18
Small Business Administration 11 $120,659.64
Federal Railroad Administration 11 $119,719.36
Office of Assistant Secretary for Policy 11 $128,602.36
Federal Housing Finance Board 11 $155,208.36
Bureau of Land Management 10 $86,172.30
Consumer Product Safety Commission 9 $119,481.33
Veterans Health Administration 9 $112,312.22
Overseas Private Investment Corporation 8 $89,320.63
Transportation Security Administration 8 $100,884.88
Office of Senior Coordinator for Southeast/Caribbean 8 $73,708.63
U.S. Fish and Wildlife Service 7 $113,304.29
Office of Secretary of Transportation 7 $130,564.57
Surface Transportation Board 7 $129,013.57
Council of Economic Advisers 7 $87,079.86
Department of Homeland Security Headquarters 7 $125,976.86
Federal Maritime Commission 6 $103,892.17
Maritime Administration 6 $111,646.67
6 $104,230.33
Export-Import Bank of the United States 6 $108,076.00
Office of Senior Coordinator for Mid-Atlantic 6 $68,241.67
Office of the Secretary of the Interior 6 $120,151.00
Office Secretary Health and Human Services 5 $131,540.60
Assistant Secretary for Housing-Federal Housing Commissioner 5 $113,535.20
Millennium Challenge Corporation 4 $132,144.75
Office of Inspector General (Department of Transportation) 4 $83,828.00
Office of Thrift Supervision 4 $181,200.75
Office of Senior Coordinator for Southwest 4 $78,583.50
Food Safety and Inspection Service 4 $110,916.50
Pension Benefit Guaranty Corporation 4 $107,913.75
Food and Nutrition Service 3 $97,266.00
Office of Federal Housing Enterprise Oversight 3 $163,375.00
Office of Senior Coordinator for Midwest 3 $100,821.00
Office of Senior Coordinator for Rocky Mountains 3 $81,650.67
Office of Senior Coordinator for Pacific/Hawaii 3 $116,115.67
Mine Safety and Health Administration 3 $118,728.33
Office of Senior Coordinator for Northwest/Alaska 3 $88,955.33
Institute of Education Sciences 3 $129,182.67
Equal Employment Opportunity Commission 3 $120,691.00
Farm Credit Administration 3 $132,764.00
Nuclear Regulatory Commission 3 $122,708.67
Railroad Retirement Board 3 $88,451.33
Federal Transit Administration 2 $120,304.50
Federal Motor Carrier Safety Administration 2 $98,666.50
Departmental Administration 2 $98,969.00
Office of Budget and Program Analysis 2 $77,525.50
Patent and Trademark Office 2 $95,733.50
Bureau of Customs and Border Protection 2 $114,397.50
National Credit Union Administration 2 $89,257.50
National Park Service 2 $99,779.50
Employment Standards Administration 2 $119,849.00
Office of Surface Mining, Reclamation and Enforcement 2 $98,678.00
Employment and Training Administration 2 $82,020.50
Women's Bureau 2 $111,854.00
Federal Highway Administration 2 $117,641.50
Office of Planning, Evaluation and Policy Development 1 $90,698.00
Rural Utilities Service 1 $115,372.00
National Highway Traffic Safety Administration 1 $111,104.00
African Development Foundation 1 $120,907.00
Bureau of Transportation Statistics 1 $85,727.00
Bureau of Immigration & Customs Enforcement 1 $99,533.00
U.S. Mint 1 $58,206.00
Federal Emergency Management Agency 1 $107,836.00
Domestic Nuclear Detection Office 1 $142,227.00
Assistant Secretary for Fair Housing and Equal Opportunity 1 $119,161.00
Assistant Secretary for Public and Indian Housing 1 $99,557.00
Office of Senior Coordinator for New England 1 $119,216.00
Deputy Assistant Secretary for Program & Data Analysis 1 $124,175.00
Office of Senior Coordinator for New York/New Jersey 1 $102,930.00
Agricultural Research Service 1 $114,372.00
National Telecommunications and Information Administration 1 $149,000.00
Rural Housing Service 1 $80,558.00

Economist Pay Distribution

The average pay for an Economist is $104,181.47. The highest paid Economist made $231,100 in 2008.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 3,053
ZP - Scientific And Engineering Professional 340
GM - Emp Covered By Pmrs Termination Provisns 117
ES - Senior Executive Service 94
CG - Corporate Graded 59
NB - Ofc Of Comptroller Of The Currency Only 56
AD - Administratively Determined Rates, Not E 55
CT - Commodity Futures Trading Commission Pos 48
ED - Expert (5 U.s.c. 3109) 39
SK - Sec Emp Formerly Under Gs, Gm, And Ez 29
EF - Consultant (5 U.s.c. 3109) 28
FG - Similar To The General Schedule 19
FO - Foreign Service Officers 13
SL - Senior Level Positions 11
FV - Faa Core Compensation Plan 11
IR - Irs Broadband Class And Pay System Pos 9
EI - Advisory Committee Member (other) 8
FP - Foreign Service Personnel 8
SV - Trans Security Admin Emp Other Than Exec 8
TM - Federal Housing Finance Board Merit Pay 8
GG - Grades Similar To General Schedule 5
TG - Ofc Of Thrift Supervision Salary Schedul 4
MC - Emp Of Millennium Challenge Corporation 4
TF - Federal Housing Finance Board Executive 3
VH - Professional, Admin., And Managerial 3
SO - Sec Emp Formerly Under Es Pay Plan 3
EJ - Dept Of Energy Org Act Excepted Service 2
EH - Advisory Committee Member (5 U.s.c. 3109 2
OF - Ofc Of Fed Housing Enterprise Oversight 2
EX - Executive Pay 2
CU - Credit Union Employees 2
EE - Expert (other) 1
RS - Senior Biomedical Research Service 1
OE - Exec Of Ofc Fed Housg Enterpri Oversight 1
EM - Fdic Executive-level Positions Only 1
ZA - Administrative 1
CM - Fdic Suprv And Mangr Pos Below Exec Lev 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/2008