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Economist - Federal Salaries of 2017

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $121,423.56* *Based on the 2017 average.
4,265 EMPLOYEES
$512.65M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 62nd most popular job in the U.S. Government in 2017, with 4,265 employed. The most common payscale was the general schedule payscale.

In 2017, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $100,366.

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 1,151 $100,365.98
Bureau of Economic Analysis 291 $114,648.84
Internal Revenue Service 211 $125,286.13
Departmental Offices 210 $137,658.28
Economic Research Service 190 $125,302.57
Environmental Protection Agency 168 $117,745.97
Securities and Exchange Commission 101 $195,128.90
Office of Comptroller of Currency 99 $179,948.19
Department of Energy 93 $113,907.02
Federal Trade Commission 80 $152,986.13
Federal Energy Regulatory Commission 76 $104,304.09
Federal Deposit Insurance Corporation 72 $143,746.93
Bureau of the Census 67 $120,840.49
Centers for Disease Control and Prevention 67 $112,841.31
National Oceanic and Atmospheric Administration 59 $126,980.49
Foreign Agricultural Service 58 $111,082.53
Federal Communications Commission 57 $150,031.51
Offices, Boards and Divisions 54 $153,450.24
Bureau of Citizenshp and Immigratn Services 49 $124,532.24
U.S. International Trade Commission 47 $115,506.55
Food and Drug Administration 47 $123,060.74
Bureau of Consumer Financial Protection 44 $357.14
Agency for International Development 43 $124,690.51
Social Security Administration 42 $125,059.90
Federal Housing Finance Agency 38 $175,224.89
Office of Secretary of Transportation 32 $100,133.34
International Trade Administration 30 $121,407.47
Forest Service 29 $117,345.83
Natural Resources Conservation Service 29 $118,209.55
Commodity Futures Trading Commission 29 $173,749.86
Federal Aviation Administration 27 $138,410.63
Centers for Medicare & Medicaid Services 27 $128,824.96
Agricultural Marketing Service 26 $110,582.35
Office of the Chief Economist 25 $149,776.24
Animal and Plant Health Inspection Service 24 $113,130.63
Assistant Secretary for Policy Development and Resolution 21 $138,685.90
Bureau of Reclamation 21 $97,908.81
Geological Survey 21 $113,219.19
Farm Service Agency 21 $141,368.90
Agency for Healthcare Research and Quality 20 $144,780.35
Risk Management Agency 16 $98,730.38
Occupational Safety and Health Administration 15 $127,803.07
Office Secretary Health and Human Services 15 $101,106.47
Economics and Statistics Administration 14 $143,782.14
National Institute of Standards and Technology 14 $120,871.71
Office of the Secretary of the Interior 13 $117,616.23
Employee Benefits Security Administration 13 $128,500.31
Department of State 12 $145,483.17
Federal Railroad Administration 12 $116,188.67
Millennium Challenge Corporation 12 $132,998.92
Patent and Trademark Office 10 $122,475.10
Bureau of Ocean Energy Management 10 $119,958.80
Office of Management and Budget 10 $150,289.30
Council of Economic Advisers 10 $87,430.00
Federal Maritime Commission 9 $120,893.78
Overseas Private Investment Corporation 9 $118,065.11
National Institutes of Health 9 $93,716.11
Food Safety and Inspection Service 9 $121,442.22
Rural Business-Cooperative Service 8 $118,054.13
U.S. Fish and Wildlife Service 8 $125,430.00
Bureau of International Labor Affairs 8 $133,905.50
Consumer Product Safety Commission 8 $124,688.50
Bureau of Transportation Statistics 8 $135,782.00
Bureau of the Fiscal Service 7 $112,534.29
Grain Inspection, Packers & Stockyards Administration 7 $119,090.86
Transportation Security Administration 7 $99,261.57
Bureau of Land Management 7 $100,635.71
Office of Assistant Secretary for Policy 7 $151,326.57
Equal Employment Opportunity Commission 7 $132,684.71
Surface Transportation Board 7 $142,275.57
Export-Import Bank of the United States 6 $116,177.83
Small Business Administration 6 $134,136.67
Office of Senior Coordinator for Pacific/Hawaii 6 $82,120.00
Office of Senior Coordinator for Midwest 6 $101,107.50
Nuclear Regulatory Commission 6 $134,089.33
National Credit Union Administration 5 $191,208.40
Mine Safety and Health Administration 5 $130,847.80
Department of Homeland Security Headquarters 5 $133,001.60
National Protection and Programs Directorate 5 $126,071.80
Federal Emergency Management Agency 5 $114,269.60
Office of Senior Coordinator for Southeast/Caribbean 5 $96,580.60
Assistant Secretary for Housing-Federal Housing Commissioner 5 $135,167.40
National Park Service 5 $100,816.60
National Science Foundation 5 $160,153.60
Maritime Administration 5 $136,186.60
Office of Inspector General (Department of Transportation) 5 $112,833.80
Office of Senior Coordinator for Mid-Atlantic 4 $92,018.00
Office of Senior Coordinator for Southwest 4 $94,083.50
Office of Federal Contract Compliance Programs 4 $122,826.25
Farm Credit Administration 4 $190,014.25
Federal Motor Carrier Safety Administration 4 $138,153.75
Veterans Health Administration 4 $144,065.75
Office of Senior Coordinator for Rocky Mountains 3 $87,022.67
Employment and Training Administration 3 $90,819.67
Institute of Education Sciences 3 $149,278.67
Federal Highway Administration 3 $128,869.00
Food and Nutrition Service 3 $114,736.33
National Telecommunications and Information Administration 3 $136,711.67
Bureau of Customs and Border Protection 3 $115,770.33
Office of Senior Coordinator for Northwest/Alaska 3 $104,089.33
Government National Mortgage Association 2 $154,394.00
Office of Surface Mining, Reclamation and Enforcement 2 $115,332.00
Office of Workers' Compensation Programs 2 $108,185.50
Bureau of Immigration & Customs Enforcement 2 $110,015.00
Office of Personnel Management 2 $123,267.00
Railroad Retirement Board 2 $97,873.00
National Highway Traffic Safety Administration 2 $93,326.00
Office of the U.S. Trade Representative 2 $149,030.00
Agricultural Research Service 2 $101,967.50
Pension Benefit Guaranty Corporation 2 $129,574.50
U.S. Coast Guard 2 $101,115.50
Rural Housing Service 1 $186,951.00
Rural Utilities Service 1 $161,900.00
Departmental Administration 1 $145,629.00
Assistant Secretary for Fair Housing and Equal Opportunity 1 $159,123.00
Federal Transit Administration 1 $144,945.00
Women's Bureau 1 $123,223.00
U.S. Mint 1 $139,160.00
Office Assistant Secretary Administration and Management 1 $118,240.00
Immediate Office of Assistant Secretary for Policy & Planning 1 $0.00
Office of Postsecondary Education 1 $97,956.00
Substance Abuse & Mental Health Service Administration 1 $113,755.00
Office of Inspector General (Department of Health and Human Services) 1 $171,608.00
Civil Rights 1 $77,593.00

Economist Pay Distribution

The average pay for an Economist is $121,423.56. The highest paid Economist made $268,000 in 2017.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 3,151
ZP - Scientific And Engineering Professional 349
NB - Ofc Of Comptroller Of The Currency Only 99
SK - Sec Emp Formerly Under Gs, Gm, And Ez 96
ES - Senior Executive Service 79
CG - Corporate Graded 69
EF - Consultant (5 U.s.c. 3109) 46
CN - Bur Of (cfpb) An Indep Ag Within Frs 44
EL - Non-executive Positions At Fhfa 36
CT - Commodity Futures Trading Commission Pos 29
FV - Faa Core Compensation Plan 27
RG - Code For Use By Hhs Only. 26
AD - Administratively Determined Rates, Not E 23
GM - Emp Covered By Pmrs Termination Provisns 21
OR - Employees Of The Ofr, Treasury 21
SL - Senior Level Positions 17
FO - Foreign Service Officers 16
IR - Irs Broadband Class And Pay System Pos 16
ED - Expert (5 U.s.c. 3109) 13
MC - Emp Of Millennium Challenge Corporation 12
GG - Grades Similar To General Schedule 12
EI - Advisory Committee Member (other) 11
FP - Foreign Service Personnel 9
SV - Trans Security Admin Emp Other Than Exec 7
EH - Advisory Committee Member (5 U.s.c. 3109 6
CU - Credit Union Employees 4
ST - Scientific And Professional 4
VH - Professional, Admin., And Managerial 4
SO - Sec Emp Formerly Under Es Pay Plan 3
RF - Code Is For Use By Hhs Only. 3
RS - Senior Biomedical Research Service 2
LL - Executives At Federal Housing Finance Ag 2
CM - Fdic Suprv And Mangr Pos Below Exec Lev 2
IC - Federal Emergency Management Agency Use 2
EX - Executive Pay 1
SS - Senior Staff Positions 1
EM - Fdic Executive-level Positions Only 1
ZA - Administrative 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/2017