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Economist - Federal Salaries of 2019

Pay Rates for "Economist"

How much does an Economist in the federal government get paid? $127,924.32* *Based on the 2019 average.
4,057 EMPLOYEES
$516.94M TOTAL SALARY
GS MOST COMMON PAYSCALE

Economist was the 321st most popular job in the U.S. Government in 2019, with 4,057 employed. The most common payscale was the general schedule payscale.

In 2019, the Bureau of Labor Statistics hired the most employees titled Economist, with an average salary of $106,603.

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 1,094 $106,602.73
Bureau of Economic Analysis 294 $122,093.27
Internal Revenue Service 203 $130,032.45
Departmental Offices 190 $143,095.29
Economic Research Service 160 $132,708.26
Environmental Protection Agency 147 $123,251.08
Office of Comptroller of Currency 100 $187,269.02
Securities and Exchange Commission 95 $203,840.40
Department of Energy 87 $122,847.94
Bureau of the Census 82 $126,039.70
Federal Deposit Insurance Corporation 79 $155,113.27
Federal Trade Commission 79 $158,401.97
Federal Energy Regulatory Commission 75 $107,142.11
Centers for Disease Control and Prevention 68 $120,152.31
National Oceanic and Atmospheric Administration 64 $129,100.56
Federal Communications Commission 57 $152,427.16
Offices, Boards and Divisions 45 $161,754.67
Food and Drug Administration 45 $128,441.51
U.S. International Trade Commission 44 $120,607.64
Foreign Agricultural Service 43 $121,878.30
Citizenship and Immigration Services 41 $136,034.10
U.S. Agency for International Development 41 $128,755.59
Bureau of Consumer Financial Protection 37 $149,616.03
Federal Housing Finance Agency 36 $171,885.75
Social Security Administration 35 $135,641.66
Centers for Medicare & Medicaid Services 35 $126,650.86
Office of Secretary of Transportation 35 $106,533.91
Commodity Futures Trading Commission 30 $177,594.17
Agricultural Marketing Service 29 $121,215.97
Fpac Business Center 27 $148,768.07
Forest Service 27 $117,708.15
Office of the Chief Economist 27 $156,573.07
International Trade Administration 26 $128,813.58
Assistant Secretary for Policy Development and Resolution 26 $142,017.92
Federal Aviation Administration 26 $143,814.12
Geological Survey 23 $117,104.65
Animal and Plant Health Inspection Service 20 $117,899.65
Agency for Healthcare Research and Quality 20 $158,042.45
Natural Resources Conservation Service 18 $111,642.33
U.S. Coast Guard 17 $120,255.82
Bureau of Reclamation 16 $103,328.88
Millennium Challenge Corporation 15 $147,740.60
Risk Management Agency 14 $97,590.79
Occupational Safety and Health Administration 14 $134,571.21
National Institute of Standards and Technology 13 $122,019.46
Federal Railroad Administration 12 $125,728.33
Employee Benefits Security Administration 12 $138,836.83
Office Secretary Health and Human Services 11 $111,193.45
Office of Management and Budget 11 $141,306.64
Overseas Private Investment Corporation 10 $123,470.10
Department of State 10 $150,285.60
Small Business Administration 9 $132,599.89
Council of Economic Advisers 9 $95,987.56
Bureau of Ocean Energy Management 9 $111,929.78
Office of Assistant Secretary for Policy 9 $155,734.22
Pipeline/Hazardous Materials Safety Administration 9 $134,992.56
Office of the Secretary of the Interior 8 $120,681.38
Patent and Trademark Office 8 $136,142.13
Federal Maritime Commission 8 $129,600.25
Equal Employment Opportunity Commission 8 $121,170.13
Transportation Security Administration 7 $113,488.71
Food Safety and Inspection Service 7 $137,738.43
Export-Import Bank of the United States 7 $120,380.00
Bureau of International Labor Affairs 7 $143,987.14
U.S. Fish and Wildlife Service 6 $145,776.00
Bureau of Land Management 6 $111,363.50
Bureau of the Fiscal Service 6 $115,515.67
Nuclear Regulatory Commission 6 $141,634.67
Federal Motor Carrier Safety Administration 6 $138,356.33
Consumer Product Safety Commission 6 $135,793.67
National Credit Union Administration 6 $0.00
Surface Transportation Board 5 $135,549.40
National Park Service 5 $106,219.60
Office of Federal Contract Compliance Programs 5 $130,290.20
Farm Credit Administration 5 $0.00
National Institutes of Health 5 $95,075.40
Office of Inspector General (Department of Transportation) 5 $125,398.20
National Science Foundation 5 $169,702.20
Federal Highway Administration 5 $134,380.80
Maritime Administration 5 $123,226.00
National Protection and Programs Directorate 5 $149,418.20
Customs and Border Protection 5 $117,685.60
Office of Senior Coordinator for Pacific/Hawaii 5 $94,218.40
Office of Senior Coordinator for Northwest/Alaska 4 $104,721.00
Office of Senior Coordinator for Midwest 4 $96,341.50
Office of Senior Coordinator for Southwest 4 $101,294.00
National Highway Traffic Safety Administration 4 $105,124.00
Federal Emergency Management Agency 4 $110,437.75
Department of Homeland Security Headquarters 3 $169,783.33
Federal Transit Administration 3 $118,906.00
Food and Nutrition Service 3 $122,084.33
Veterans Health Administration 3 $149,569.33
Office of the U.S. Trade Representative 3 $145,108.00
Rural Business-Cooperative Service 3 $139,181.00
Office of Senior Coordinator for Mid-Atlantic 3 $101,621.00
Office of Senior Coordinator for Rocky Mountains 3 $96,145.33
Immigration and Customs Enforcement 3 $122,907.33
Mine Safety and Health Administration 3 $141,143.67
Assistant Secretary for Housing-Federal Housing Commissioner 3 $129,250.33
Employment and Training Administration 3 $91,937.33
Office of Workers' Compensation Programs 2 $115,694.00
Office of Surface Mining, Reclamation and Enforcement 2 $122,046.00
Railroad Retirement Board 2 $105,973.50
Office of Senior Coordinator for Southeast/Caribbean 2 $54,095.00
Office of Personnel Management 2 $132,036.00
Pension Benefit Guaranty Corporation 2 $128,911.00
Government National Mortgage Association 2 $145,752.50
Office of Disability Employment Policy 2 $117,191.00
Institute of Education Sciences 2 $147,710.00
Alcohol, Tobacco, Firearms, & Explosives 1 $121,098.00
Office Assistant Secretary Administration and Management 1 $122,750.00
Office of Inspector General (Department of Health and Human Services) 1 $183,826.00
Federal Retirement Thrift Investment Board 1 $121,098.00
Rural Housing Service 1 $192,300.00
Health Resources and Services Administration 1 $102,477.00
Immediate Office of Assistant Secretary for Policy & Planning 1 $150,245.00
Assistant Secretary for Fair Housing and Equal Opportunity 1 $165,417.00
Women's Bureau 1 $132,818.00
Civil Rights 1 $81,181.00
Office of Postsecondary Education 1 $102,477.00

Economist Pay Distribution

The average pay for an Economist is $127,924.32. The highest paid Economist made $282,500 in 2019.

Common Economist Payscales

Payscale Number of Economist Employees
GS - General Schedule 2,980
ZP - Scientific And Engineering Professional 353
NB - Office Of The Comptroller Of The Currency Only 100
SK - Non-supervisorty Postions Employed By The Securities And Exchange Commission (sec) And Formerly Under Gs Pay 93
CG - Corporate Graded 76
ES - Senior Executive Service 75
CN - Bureau Of Consumer Financial Protect(cfpb) Independent Agcy Within The Fed Res Syst(use By Cfpb Only) 37
EF - Consultant (5 U.s.c. 3109) 35
EL - Non-executive Positions At The Federal Housing Finance Agency 34
CT - Commodity Futures Trading Commission Positions Previously Defined Under Pay Plan Codes Ad, Es, Gm, And Gs 30
FV - Federal Aviation Administration Core Compensation Plan 26
AD - Administratively Determined Rates, Not Elsewhere Specified 25
RG - Scientists Appointed As Fellows And Compensated Under 42 U.s.c. 209(g). Includes Non-citizens Whose Employment 22
SL - Senior Level Positions 20
GG - Grades Similar To General Schedule 19
FO - Foreign Service Officers 19
MC - Employees Of The Millennium Challenge Corporation Appointed Under Public Law 108-199 Only. 15
GM - Employees Covered By The Performance Management And Recognition System (pmrs) Termination Provisions 15
IR - Internal Revenue Service Broadband Classification And Pay System Positions Only 13
OR - Employees Of The Office Of Financial Research (ofr) Within The Department Of The Treasury 12
ED - Expert (5 U.s.c. 3109) 9
EI - Advisory Committee Member (other) 7
SV - Transportation Security Administration Employees Other Than Executives 7
CU - Credit Union Employees 5
VH - Professional, Administrative, And Managerial 5
FP - Foreign Service Personnel 5
EH - Advisory Committee Member (5 U.s.c. 3109) 4
ST - Scientific And Professional 3
RF - Employees Appointed And Compensated As Special Consultants Under 42 U.s.c. 209(f). Includes Non-citizens Whose 2
SO - Executive Positions Employed By The Securities And Exchange Commission (sec) And Formerly Under The Es Pay Pla 2
RS - Senior Biomedical Research Service 2
LL - Executives At The Federal Housing Finance Agency 2
CM - Fdic Supervisory And Managerial Positions Below The Executive Level Only 2
EX - Executive Pay 1
SS - Senior Staff Positions 1
EM - Fdic Executive-level Positions Only 1

Starting Paygrade: $33,903.00 / year base pay at paygrade GS-6, Step 1
Maximum Paygrade: $143,598.00 / 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
Motor Carrier SafetyAdministrative and ManagementGS-4GS-15
Human Resources ManagementAdministrative and ManagementGS-4GS-15
Tax SpecialistAdministrative and ManagementGS-4GS-15
GeneticsProfessional and ScientificGS-6GS-15
Respiratory TherapistTechnical and Medical SupportGS-1GS-9

Average Economist Pay Trend from 2004 to 2020

In 2004, the average pay for an Economist was $87,989. Since then, the average pay has increased to $129,870 in 2020.


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/2019