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Economists Salary by State

The national median pay for economists is $124,720 a year. By state, it ranges from $71,400 in Kentucky to $167,590 in District of Columbia.

Updated October 2026 · Data: BLS OEWS May 2025 · How we match careers

U.S. pay range

Lowest 10%
$67,360
25th percentile
$89,330
Median
$124,720
75th percentile
$174,720
Top 10%
$238,060

Annual pay, all U.S. workers in this job. About 17,790 jobs.

Median pay in 39 states and DC

Economists pay by state, highest median first
#StateMedianvs. U.S.Lowest 10%Top 10%Jobs
1District of Columbia$167,590+34%$98,350$299,1103,000
2New Jersey$167,550+34%$83,990$195,190280
3Delaware$159,120+28%$74,690$214,00070
4Maryland$144,680+16%$93,710$195,1901,130
5Kansas$138,790+11%$67,610$238,99080
6Virginia$137,590+10%$74,600$232,410950
7New York$136,660+10%$82,130$292,850910
8North Carolina$136,150+9%$35,460$224,270290
9Idaho$131,270+5%$55,180$173,560130
10Alabama$129,960+4%$74,520$175,17040
11Georgia$122,570−2%$78,190$187,330260
12Oregon$122,120−2%$81,620$147,600320
13Texas$121,420−3%$66,760$219,140560
14Colorado$121,410−3%$73,450$193,480240
15Ohio$120,000−4%$69,770$216,920140
16California$119,410−4%$74,030$207,380860
17Tennessee$117,650−6%$83,610$162,67080
18Missouri$117,010−6%$73,260$229,510280
19Pennsylvania$115,000−8%$64,500$164,650560
20Alaska$111,040−11%$80,110$141,27080
21Washington$109,300−12%$80,320$167,960450
22Massachusetts$106,380−15%$74,080$222,6101,030
23Michigan$106,350−15%$72,860$178,170320
24Minnesota$105,120−16%$58,380$197,870500
25Florida$102,430−18%$65,850$174,900500
26Connecticut$101,400−19%$74,740$166,060210
27Iowa$96,310−23%$59,980$144,75070
28Arkansas$91,560−27%$55,130$136,99050
29Maine$91,480−27%$69,140$132,95070
30Nevada$91,340−27%$70,960$128,42070
31Oklahoma$89,980−28%$67,490$171,65080
32Montana$89,340−28%$69,850$116,21090
33New Hampshire$86,130−31%$60,080$157,11050
34Wisconsin$84,000−33%$53,340$132,270280
35Hawaii$83,050−33%$66,370$120,27050
36Indiana$80,750−35%$47,350$163,38080
37Arizona$79,610−36%$75,000$138,990340
38Nebraska$75,880−39%$45,000$135,30090
39Louisiana$73,050−41%$60,680$136,970140
40Kentucky$71,400−43%$59,810$124,380100

BLS OEWS May 2025 state estimates. States without published data are not listed. “Not published”: BLS withheld the value or it is above the highest amount BLS publishes. Pay is not adjusted for living costs.

Economists salary questions

Which state pays economists the most?

District of Columbia, with a median of $167,590 a year (+34% vs. the national median of $124,720). BLS May 2025.

Which state pays economists the least?

Kentucky, with a median of $71,400 a year (−43% vs. national).

Where do most economists work?

District of Columbia has the most jobs, about 3,000, with a median of $167,590.

Does a higher salary mean more money left over?

Not always. These are pay figures only. Living costs, taxes and housing differ a lot between states, and this page does not adjust for them.

Keep exploring

Sources. Pay and employment: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 (national and state files). Data Sources & Licenses