Economist - Federal Salaries of 2014

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $115,162.17* *Based on the 2014 average.
4,204 EMPLOYEES
$479.42M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 87th most popular job in the U.S. Government in 2014, with 4,204 employed. The most common payscale was the general schedule payscale.

In 2014, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $96,277.

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 1,155 $96,277.01
Bureau of Economic Analysis 266 $111,221.31
Internal Revenue Service 241 $114,459.87
Departmental Offices 222 $131,080.44
Economic Research Service 201 $121,686.72
Environmental Protection Agency 149 $116,854.60
Department of Energy 93 $115,564.87
Federal Trade Commission 83 $143,614.49
Securities and Exchange Commission 82 $180,738.23
Federal Deposit Insurance Corporation 81 $127,761.67
Office of Comptroller of Currency 78 $178,836.54
Centers for Disease Control and Prevention 72 $103,798.24
Agency for International Development 71 $105,930.40
Federal Energy Regulatory Commission 67 $95,592.69
National Oceanic and Atmospheric Administration 65 $120,172.69
Federal Communications Commission 62 $143,206.00
Bureau of the Census 59 $111,716.71
Foreign Agricultural Service 50 $109,388.76
Offices, Boards and Divisions 50 $144,673.48
U.S. International Trade Commission 43 $108,666.33
Food and Drug Administration 38 $113,592.87
Federal Housing Finance Agency 36 $146,412.00
Social Security Administration 35 $128,001.46
Natural Resources Conservation Service 35 $106,476.34
Bureau of Consumer Financial Protection 34 $0.00
International Trade Administration 34 $113,646.62
Federal Aviation Administration 29 $129,610.69
Bureau of Citizenshp and Immigratn Services 29 $116,130.21
Assistant Secretary for Policy Development and Resolution 27 $126,296.22
Centers for Medicare & Medicaid Services 26 $122,998.08
Forest Service 26 $109,628.04
Geological Survey 24 $98,576.75
Commodity Futures Trading Commission 24 $155,393.96
Department of State 24 $129,397.57
Bureau of Reclamation 23 $92,138.35
Farm Service Agency 23 $137,048.35
Agricultural Marketing Service 23 $107,728.96
Office of the Chief Economist 22 $147,470.32
Animal and Plant Health Inspection Service 21 $112,280.62
Office of the Secretary, Research and Technology 20 $99,735.05
U.S. Coast Guard 19 $103,775.16
Agency for Healthcare Research and Quality 18 $144,322.11
Office of Management and Budget 15 $148,951.60
Economics and Statistics Administration 14 $136,756.29
Employee Benefits Security Administration 14 $111,883.29
Office Secretary Health and Human Services 13 $117,826.92
Rural Business-Cooperative Service 12 $117,591.00
Food Safety and Inspection Service 12 $114,688.92
National Institute of Standards and Technology 12 $123,051.50
Office of the Secretary of the Interior 12 $109,693.00
Office of Assistant Secretary for Policy 11 $142,515.18
Bureau of Ocean Energy Management 11 $111,526.00
Occupational Safety and Health Administration 11 $116,253.09
Transportation Security Administration 11 $91,280.55
Surface Transportation Board 10 $137,174.70
Risk Management Agency 10 $101,453.80
Consumer Product Safety Commission 9 $124,630.78
Export-Import Bank of the United States 9 $103,602.11
National Institutes of Health 9 $92,015.22
Grain Inspection, Packers & Stockyards Administration 9 $100,352.33
Council of Economic Advisers 9 $82,231.11
Mine Safety and Health Administration 8 $122,686.50
U.S. Fish and Wildlife Service 8 $113,901.63
Millennium Challenge Corporation 8 $129,732.63
Bureau of International Labor Affairs 8 $130,149.75
Equal Employment Opportunity Commission 7 $124,131.00
Federal Railroad Administration 7 $131,206.86
Patent and Trademark Office 7 $120,586.57
Bureau of the Fiscal Service 6 $101,533.33
Veterans Health Administration 6 $127,280.00
Office of Senior Coordinator for Southeast/Caribbean 6 $86,725.50
Office of Senior Coordinator for Southwest 6 $86,398.50
Bureau of Land Management 6 $102,515.67
National Science Foundation 6 $147,469.67
Overseas Private Investment Corporation 6 $113,729.50
Small Business Administration 6 $132,782.00
Maritime Administration 6 $122,593.17
Assistant Secretary for Housing-Federal Housing Commissioner 5 $123,463.20
Office of Senior Coordinator for Mid-Atlantic 5 $96,509.60
Federal Maritime Commission 5 $127,058.20
National Credit Union Administration 5 $147,108.80
Office of Secretary of Transportation 4 $106,439.75
Office of Inspector General (Department of Transportation) 4 $112,324.00
Department of Homeland Security Headquarters 4 $150,805.00
National Park Service 4 $83,627.75
Institute of Education Sciences 3 $144,542.00
Farm Credit Administration 3 $175,652.33
Federal Transit Administration 3 $127,303.33
Bureau of Transportation Statistics 3 $116,887.33
Bureau of Customs and Border Protection 3 $97,687.00
Office of Senior Coordinator for Pacific/Hawaii 3 $97,981.67
Office of Senior Coordinator for Northwest/Alaska 3 $91,545.67
Nuclear Regulatory Commission 3 $112,146.33
Pension Benefit Guaranty Corporation 3 $121,758.00
Office of the U.S. Trade Representative 2 $131,005.50
Civil Rights 2 $63,091.00
Rural Housing Service 2 $134,670.50
Food and Nutrition Service 2 $105,082.50
National Telecommunications and Information Administration 2 $97,599.00
Employment and Training Administration 2 $87,470.50
Federal Emergency Management Agency 2 $120,873.00
Office of Senior Coordinator for Rocky Mountains 2 $91,690.50
Office of Surface Mining, Reclamation and Enforcement 2 $100,988.50
Railroad Retirement Board 2 $77,509.00
Office of Personnel Management 2 $114,280.50
Federal Highway Administration 2 $124,503.00
Office Assistant Secretary Administration and Management 1 $113,259.00
Assistant Secretary for Fair Housing and Equal Opportunity 1 $145,827.00
Office of Workers' Compensation Programs 1 $98,305.00
Government National Mortgage Association 1 $134,595.00
Office of Postsecondary Education 1 $92,524.00
Office of Senior Coordinator for New England 1 $84,321.00
Substance Abuse & Mental Health Service Administration 1 $101,914.00
National Highway Traffic Safety Administration 1 $127,512.00
Office of Inspector General (Federal Housing Finance Agency) 1 $211,780.00
Federal Motor Carrier Safety Administration 1 $129,161.00
Bureau of Immigration & Customs Enforcement 1 $113,423.00
U.S. Mint 1 $129,787.00
Deputy Assistant Secretary for Program & Data Analysis 1 $138,136.00
Agricultural Research Service 1 $85,711.00
Rural Utilities Service 1 $131,053.00
Office of Secretary of Labor 1 $140,000.00
National Protection and Programs Directorate 1 $142,560.00

Economist Pay Distribution

The average pay for an Economist is $115,162.17. The highest paid Economist made $252,450 in 2014.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 3,103
ZP - Scientific And Engineering Professional 331
SK - Sec Emp Formerly Under Gs, Gm, And Ez 79
NB - Ofc Of Comptroller Of The Currency Only 78
CG - Corporate Graded 78
ES - Senior Executive Service 77
GM - Emp Covered By Pmrs Termination Provisns 47
RG - Code For Use By Hhs Only. 39
FP - Foreign Service Personnel 39
EL - Non-executive Positions At Fhfa 35
CN - Bur Of (cfpb) An Indep Ag Within Frs 34
AD - Administratively Determined Rates, Not E 30
FV - Faa Core Compensation Plan 29
ED - Expert (5 U.s.c. 3109) 29
EF - Consultant (5 U.s.c. 3109) 29
CT - Commodity Futures Trading Commission Pos 24
OR - Employees Of The Ofr, Treasury 22
IR - Irs Broadband Class And Pay System Pos 16
SL - Senior Level Positions 15
SV - Trans Security Admin Emp Other Than Exec 11
FO - Foreign Service Officers 10
MC - Emp Of Millennium Challenge Corporation 8
GG - Grades Similar To General Schedule 6
EI - Advisory Committee Member (other) 5
CU - Credit Union Employees 4
RF - Code Is For Use By Hhs Only. 4
VH - Professional, Admin., And Managerial 3
EX - Executive Pay 3
SO - Sec Emp Formerly Under Es Pay Plan 2
RS - Senior Biomedical Research Service 2
EG - Consultant (other) 2
ST - Scientific And Professional 2
EH - Advisory Committee Member (5 U.s.c. 3109 2
LL - Executives At Federal Housing Finance Ag 2
CM - Fdic Suprv And Mangr Pos Below Exec Lev 2
SS - Senior Staff Positions 1
EM - Fdic Executive-level Positions Only 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 2018

In 2004, the average pay for an Economist was $87,989. Since then, the average pay has increased to $121,837 in 2018.


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/2014