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Economist - Federal Salaries of 2016

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $117,316.34* *Based on the 2016 average.
4,378 EMPLOYEES
$508.92M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 62nd most popular job in the U.S. Government in 2016, with 4,378 employed. The most common payscale was the general schedule payscale.

In 2016, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $95,998.

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 1,181 $95,998.16
Bureau of Economic Analysis 285 $109,436.60
Departmental Offices 232 $131,921.98
Internal Revenue Service 215 $121,893.26
Economic Research Service 203 $120,150.52
Environmental Protection Agency 168 $116,068.00
Securities and Exchange Commission 117 $186,309.75
Office of Comptroller of Currency 96 $180,963.06
Department of Energy 89 $114,003.45
Federal Energy Regulatory Commission 84 $95,113.87
Federal Trade Commission 81 $150,339.48
Federal Deposit Insurance Corporation 81 $139,172.09
Centers for Disease Control and Prevention 65 $109,484.34
Bureau of the Census 62 $118,047.40
National Oceanic and Atmospheric Administration 61 $125,426.26
Agency for International Development 60 $112,036.48
Foreign Agricultural Service 59 $102,679.80
Federal Communications Commission 59 $144,770.63
Offices, Boards and Divisions 54 $149,056.67
U.S. International Trade Commission 43 $111,772.95
Food and Drug Administration 43 $119,779.47
Bureau of Citizenshp and Immigratn Services 41 $121,804.20
Bureau of Consumer Financial Protection 40 $375.00
Social Security Administration 39 $126,550.72
Federal Housing Finance Agency 37 $165,349.46
International Trade Administration 34 $115,564.32
Office of Secretary of Transportation 33 $105,028.42
Natural Resources Conservation Service 31 $110,321.39
Forest Service 30 $112,469.20
Commodity Futures Trading Commission 30 $151,996.93
Federal Aviation Administration 29 $132,646.90
Centers for Medicare & Medicaid Services 27 $125,405.63
Agricultural Marketing Service 24 $106,278.29
Agency for Healthcare Research and Quality 23 $140,330.17
Farm Service Agency 23 $134,635.26
Animal and Plant Health Inspection Service 22 $113,211.00
Geological Survey 22 $108,787.36
Office of the Chief Economist 22 $152,277.68
Assistant Secretary for Policy Development and Resolution 21 $135,905.14
Bureau of Reclamation 21 $91,289.05
Office Secretary Health and Human Services 18 $104,372.50
Council of Economic Advisers 18 $67,443.78
Department of State 17 $136,329.71
Economics and Statistics Administration 16 $138,933.25
Office of Management and Budget 14 $144,081.07
Occupational Safety and Health Administration 14 $122,395.86
Employee Benefits Security Administration 14 $122,608.14
Risk Management Agency 14 $94,520.86
Federal Railroad Administration 14 $109,123.29
National Institute of Standards and Technology 13 $118,675.38
Food Safety and Inspection Service 10 $125,753.60
Patent and Trademark Office 10 $123,173.60
Overseas Private Investment Corporation 10 $109,785.00
Office of the Secretary of the Interior 10 $115,431.00
Bureau of International Labor Affairs 9 $133,560.22
Export-Import Bank of the United States 9 $114,075.44
Transportation Security Administration 9 $95,066.44
Consumer Product Safety Commission 9 $120,165.11
Office of Assistant Secretary for Policy 9 $149,221.33
Rural Business-Cooperative Service 9 $117,243.56
Bureau of Ocean Energy Management 9 $116,385.33
U.S. Fish and Wildlife Service 8 $121,079.75
Equal Employment Opportunity Commission 8 $123,785.38
Grain Inspection, Packers & Stockyards Administration 8 $112,301.50
National Institutes of Health 8 $95,787.13
Surface Transportation Board 8 $142,126.13
Federal Maritime Commission 7 $114,761.86
National Science Foundation 7 $155,009.86
Bureau of the Fiscal Service 7 $107,369.57
Maritime Administration 7 $125,684.57
Office of Senior Coordinator for Southeast/Caribbean 6 $99,780.83
Federal Emergency Management Agency 6 $112,585.50
Millennium Challenge Corporation 6 $135,718.67
Small Business Administration 6 $135,349.00
Bureau of Land Management 6 $105,593.33
Nuclear Regulatory Commission 5 $123,855.80
Office of Senior Coordinator for Southwest 5 $94,441.80
Bureau of Transportation Statistics 5 $134,213.60
National Park Service 5 $96,631.80
Office of Senior Coordinator for Midwest 5 $90,427.20
National Credit Union Administration 5 $172,155.80
Farm Credit Administration 5 $177,911.20
Department of Homeland Security Headquarters 5 $125,807.20
Mine Safety and Health Administration 5 $126,545.80
Veterans Health Administration 5 $132,658.20
Office of Inspector General (Department of Transportation) 4 $108,824.75
Bureau of Customs and Border Protection 4 $109,004.00
Food and Nutrition Service 4 $106,726.50
Federal Motor Carrier Safety Administration 4 $130,500.00
Office of Senior Coordinator for Pacific/Hawaii 4 $104,366.50
Assistant Secretary for Housing-Federal Housing Commissioner 4 $132,929.00
Federal Highway Administration 3 $123,772.67
Employment and Training Administration 3 $83,332.00
Institute of Education Sciences 3 $146,798.00
Office of Federal Contract Compliance Programs 3 $118,405.00
National Protection and Programs Directorate 3 $137,127.00
National Telecommunications and Information Administration 3 $126,065.33
Government National Mortgage Association 3 $148,236.67
Office of Senior Coordinator for Rocky Mountains 3 $95,218.00
Office of Senior Coordinator for Northwest/Alaska 3 $98,347.67
Railroad Retirement Board 2 $92,986.50
Women's Bureau 2 $101,216.00
Office of Surface Mining, Reclamation and Enforcement 2 $111,314.00
Office of Workers' Compensation Programs 2 $101,361.00
Bureau of Immigration & Customs Enforcement 2 $104,488.00
Agricultural Research Service 2 $98,969.50
Office of Senior Coordinator for Mid-Atlantic 2 $81,534.00
Pension Benefit Guaranty Corporation 2 $122,987.00
Civil Rights 2 $73,075.00
Office of the U.S. Trade Representative 2 $144,191.00
Office of Personnel Management 2 $120,483.50
Agency for Toxic Substances and Disease Regulation 1 $76,736.00
National Highway Traffic Safety Administration 1 $98,289.00
Office of Inspector General (Department of Health and Human Services) 1 $169,918.00
Deputy Assistant Secretary for Program & Data Analysis 1 $141,555.00
Office of Secretary of Labor 1 $142,814.00
Rural Utilities Service 1 $160,300.00
Federal Transit Administration 1 $133,152.00
Substance Abuse & Mental Health Service Administration 1 $110,578.00
Departmental Administration 1 $141,555.00
Rural Housing Service 1 $185,100.00
Office Assistant Secretary Administration and Management 1 $115,867.00
U.S. Mint 1 $136,096.00
Assistant Secretary for Fair Housing and Equal Opportunity 1 $150,432.00
Office of Postsecondary Education 1 $92,145.00
Bureau of Safety & Environmental Enforcement 1 $160,300.00

Economist Pay Distribution

The average pay for an Economist is $117,316.34. The highest paid Economist made $265,000 in 2016.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 3,206
ZP - Scientific And Engineering Professional 346
SK - Sec Emp Formerly Under Gs, Gm, And Ez 106
NB - Ofc Of Comptroller Of The Currency Only 96
ES - Senior Executive Service 84
CG - Corporate Graded 78
EF - Consultant (5 U.s.c. 3109) 47
CN - Bur Of (cfpb) An Indep Ag Within Frs 40
EL - Non-executive Positions At Fhfa 36
AD - Administratively Determined Rates, Not E 32
CT - Commodity Futures Trading Commission Pos 30
GM - Emp Covered By Pmrs Termination Provisns 30
FV - Faa Core Compensation Plan 29
RG - Code For Use By Hhs Only. 28
ED - Expert (5 U.s.c. 3109) 24
FP - Foreign Service Personnel 23
OR - Employees Of The Ofr, Treasury 22
SL - Senior Level Positions 18
FO - Foreign Service Officers 18
IR - Irs Broadband Class And Pay System Pos 17
GG - Grades Similar To General Schedule 9
SV - Trans Security Admin Emp Other Than Exec 9
EI - Advisory Committee Member (other) 9
MC - Emp Of Millennium Challenge Corporation 6
EH - Advisory Committee Member (5 U.s.c. 3109 5
VH - Professional, Admin., And Managerial 5
CU - Credit Union Employees 4
SO - Sec Emp Formerly Under Es Pay Plan 3
RF - Code Is For Use By Hhs Only. 3
ST - Scientific And Professional 3
IC - Federal Emergency Management Agency Use 3
CM - Fdic Suprv And Mangr Pos Below Exec Lev 2
RS - Senior Biomedical Research Service 2
EX - Executive Pay 2
SS - Senior Staff Positions 1
EM - Fdic Executive-level Positions Only 1
LL - Executives At Federal Housing Finance Ag 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/2016