Congress has passed a retro-active 1.4% pay raise for 2019 in addition to a locality increase and 6 new localities.

Economist - Federal Salaries of 2012

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $112,353.80* *Based on the 2012 average.
4,258 EMPLOYEES
$476.27M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 67th most popular job in the U.S. Government in 2012, with 4,258 employed. The most common payscale was the general schedule payscale.

In 2012, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $94,605.

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 1,190 $94,604.88
Bureau of Economic Analysis 276 $107,735.53
Internal Revenue Service 265 $109,351.14
Departmental Offices 219 $130,341.72
Economic Research Service 204 $122,524.57
Environmental Protection Agency 163 $115,230.72
Department of Energy 100 $111,222.46
Federal Trade Commission 82 $141,724.54
Federal Deposit Insurance Corporation 81 $121,128.84
Agency for International Development 76 $100,549.54
Centers for Disease Control and Prevention 72 $99,559.31
Office of Comptroller of Currency 70 $171,496.73
National Oceanic and Atmospheric Administration 68 $116,406.15
Commodity Futures Trading Commission 62 $138,067.10
Foreign Agricultural Service 60 $99,277.48
Securities and Exchange Commission 59 $168,145.76
Bureau of the Census 56 $106,854.00
Federal Energy Regulatory Commission 56 $102,779.55
Federal Communications Commission 55 $146,514.76
Offices, Boards and Divisions 51 $146,289.94
International Trade Administration 45 $117,033.64
Natural Resources Conservation Service 40 $101,604.58
Food and Drug Administration 37 $112,692.73
U.S. International Trade Commission 37 $112,691.05
Social Security Administration 35 $125,745.91
Centers for Medicare & Medicaid Services 31 $116,576.55
Federal Housing Finance Agency 31 $143,797.55
Federal Aviation Administration 30 $123,326.73
Assistant Secretary for Policy Development and Resolution 27 $116,305.44
Farm Service Agency 27 $133,594.26
Agricultural Marketing Service 24 $106,685.00
Animal and Plant Health Inspection Service 23 $113,117.26
Forest Service 23 $102,327.22
Geological Survey 23 $102,742.83
Office of the Chief Economist 22 $150,256.50
Department of State 21 $126,468.38
Bureau of Reclamation 20 $89,063.10
Office of the Secretary, Research and Technology 18 $101,035.22
Agency for Healthcare Research and Quality 17 $141,841.29
Office of Management and Budget 17 $144,103.53
Bureau of Consumer Financial Protection 16 $3,850.00
Economics and Statistics Administration 16 $131,219.75
Risk Management Agency 15 $101,164.73
U.S. Coast Guard 15 $112,781.40
Occupational Safety and Health Administration 15 $107,430.20
Employee Benefits Security Administration 12 $106,911.67
Federal Railroad Administration 11 $123,837.55
Rural Business-Cooperative Service 11 $112,333.27
Grain Inspection, Packers & Stockyards Administration 11 $106,269.64
National Institute of Standards and Technology 11 $126,968.18
Office of Assistant Secretary for Policy 11 $139,506.36
Surface Transportation Board 10 $130,597.10
Office of the Secretary of the Interior 10 $111,966.70
Bureau of Ocean Energy Management 10 $112,273.40
Office Secretary Health and Human Services 9 $133,038.33
National Institutes of Health 9 $122,875.11
Assistant Secretary for Housing-Federal Housing Commissioner 9 $108,811.33
Bureau of International Labor Affairs 9 $124,584.00
Small Business Administration 9 $132,816.56
Consumer Product Safety Commission 9 $119,538.00
Veterans Health Administration 9 $124,039.33
Patent and Trademark Office 8 $108,961.75
Mine Safety and Health Administration 8 $114,561.25
U.S. Fish and Wildlife Service 7 $114,157.29
National Science Foundation 7 $143,035.57
Equal Employment Opportunity Commission 7 $125,062.14
Food Safety and Inspection Service 7 $124,774.14
Export-Import Bank of the United States 7 $105,777.14
Office of Senior Coordinator for Southwest 7 $84,307.71
Office of Senior Coordinator for Mid-Atlantic 6 $85,409.33
Office of Senior Coordinator for Southeast/Caribbean 6 $80,170.33
Federal Maritime Commission 6 $119,884.17
Overseas Private Investment Corporation 6 $106,358.00
Department of Homeland Security Headquarters 6 $135,972.83
Financial Management Service 6 $92,681.50
Bureau of Land Management 5 $100,809.80
Nuclear Regulatory Commission 5 $115,204.60
Office of Inspector General (Department of Transportation) 5 $99,148.00
Maritime Administration 5 $127,196.20
Millennium Challenge Corporation 4 $118,864.50
Bureau of Citizenshp and Immigratn Services 4 $104,370.50
Transportation Security Administration 4 $79,049.25
Bureau of Customs and Border Protection 4 $98,941.75
National Credit Union Administration 4 $148,986.00
Office of Senior Coordinator for Pacific/Hawaii 4 $94,685.75
Office of Senior Coordinator for Northwest/Alaska 4 $78,142.25
Farm Credit Administration 3 $163,607.33
Federal Emergency Management Agency 3 $108,375.33
Railroad Retirement Board 3 $96,346.67
Employment and Training Administration 3 $86,133.67
Institute of Education Sciences 3 $142,247.33
Office of Secretary of Transportation 3 $143,014.00
Federal Motor Carrier Safety Administration 3 $104,406.67
Office of Surface Mining, Reclamation and Enforcement 2 $87,736.50
Civil Rights 2 $42,912.50
Office of Personnel Management 2 $108,717.00
Rural Housing Service 2 $130,361.00
Office of the Chief Financial Officer (General Services Administration) 2 $76,120.00
Assistant Secretary for Fair Housing and Equal Opportunity 2 $136,534.00
Food and Nutrition Service 2 $104,261.00
Pension Benefit Guaranty Corporation 2 $132,511.00
Council of Economic Advisers 2 $137,650.00
Federal Highway Administration 2 $121,241.00
Government National Mortgage Association 2 $119,237.50
Federal Transit Administration 2 $129,686.00
Office of Senior Coordinator for New England 2 $78,982.50
National Highway Traffic Safety Administration 2 $120,991.00
Office of Senior Coordinator for Rocky Mountains 2 $77,426.00
Office of the U.S. Trade Representative 2 $147,879.50
Office of Senior Coordinator for New York/New Jersey 1 $92,259.00
National Park Service 1 $99,523.00
Office of Inspector General (Federal Housing Finance Agency) 1 $200,000.00
Agricultural Research Service 1 $82,570.00
Bureau of Immigration & Customs Enforcement 1 $105,211.00
National Telecommunications and Information Administration 1 $155,500.00
Assistant Secretary for Public and Indian Housing 1 $106,839.00
Office of Secretary of Labor 1 $165,300.00
Office of Workers' Compensation Programs 1 $97,333.00
Women's Bureau 1 $116,042.00
Bureau of Transportation Statistics 1 $92,001.00
U.S. Mint 1 $126,601.00
Deputy Assistant Secretary for Program & Data Analysis 1 $136,771.00

Economist Pay Distribution

The average pay for an Economist is $112,353.80. The highest paid Economist made $250,000 in 2012.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 3,156
ZP - Scientific And Engineering Professional 341
CG - Corporate Graded 79
ES - Senior Executive Service 77
NB - Ofc Of Comptroller Of The Currency Only 70
AD - Administratively Determined Rates, Not E 63
CT - Commodity Futures Trading Commission Pos 62
GM - Emp Covered By Pmrs Termination Provisns 61
SK - Sec Emp Formerly Under Gs, Gm, And Ez 58
FP - Foreign Service Personnel 52
EF - Consultant (5 U.s.c. 3109) 43
FV - Faa Core Compensation Plan 30
EL - Non-executive Positions At Fhfa 28
ED - Expert (5 U.s.c. 3109) 27
SL - Senior Level Positions 17
CN - Bur Of (cfpb) An Indep Ag Within Frs 16
IR - Irs Broadband Class And Pay System Pos 13
OR - Employees Of The Ofr, Treasury 11
GG - Grades Similar To General Schedule 9
AP - Admin, Profess, & Scientific Career Path 7
FO - Foreign Service Officers 7
LL - Executives At Federal Housing Finance Ag 4
SV - Trans Security Admin Emp Other Than Exec 4
MC - Emp Of Millennium Challenge Corporation 4
VH - Professional, Admin., And Managerial 3
CU - Credit Union Employees 3
EI - Advisory Committee Member (other) 3
ST - Scientific And Professional 2
RS - Senior Biomedical Research Service 1
EG - Consultant (other) 1
SS - Senior Staff Positions 1
EH - Advisory Committee Member (5 U.s.c. 3109 1
FE - Senior Foreign Service 1
EM - Fdic Executive-level Positions Only 1
CM - Fdic Suprv And Mangr Pos Below Exec Lev 1
SO - Sec Emp Formerly Under Es Pay Plan 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/2012