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Working as an Agricultural Economist

There is more than meets the eye when it comes to being an agricultural economist. For example, did you know that they make an average of $44.74 an hour? That's $93,064 a year!

Between 2018 and 2028, the career is expected to grow 8% and produce 1,700 job opportunities across the U.S.

What Does an Agricultural Economist Do

There are certain skills that many agricultural economists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed writing skills, analytical skills and critical-thinking skills.

When it comes to the most important skills required to be an agricultural economist, we found that a lot of resumes listed 28.0% of agricultural economists included economics, while 17.6% of resumes included successful completion, and 11.8% of resumes included usda. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the agricultural economist job title. But what industry to start with? Most agricultural economists actually find jobs in the retail and transportation industries.

How To Become an Agricultural Economist

If you're interested in becoming an agricultural economist, one of the first things to consider is how much education you need. We've determined that 19.5% of agricultural economists have a bachelor's degree. In terms of higher education levels, we found that 43.9% of agricultural economists have master's degrees. Even though most agricultural economists have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become an agricultural economist. When we researched the most common majors for an agricultural economist, we found that they most commonly earn master's degree degrees or doctoral degree degrees. Other degrees that we often see on agricultural economist resumes include bachelor's degree degrees or diploma degrees.

You may find that experience in other jobs will help you become an agricultural economist. In fact, many agricultural economist jobs require experience in a role such as consultant. Meanwhile, many agricultural economists also have previous career experience in roles such as research assistant or business analyst.

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Average Salary$93,064
Job Growth Rate8%

Agricultural Economist Jobs

Average Salary for an Agricultural Economist

Agricultural Economists in America make an average salary of $93,064 per year or $45 per hour. The top 10 percent makes over $165,000 per year, while the bottom 10 percent under $52,000 per year.
Average Salary
$93,064

Best Paying Cities

City
Average Salary
Washington, DC
Salary Range79k - 155k$111k$111,463
Merrimack, NH
Salary Range76k - 153k$108k$108,051
Kansas City, MO
Salary Range71k - 139k$100k$99,863
Chicago, IL
Salary Range70k - 137k$99k$98,851
College Station, TX
Salary Range67k - 136k$96k$96,213
Atlanta, GA
Salary Range60k - 125k$87k$87,449
$48k
$155k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Research Agricultural Economist
Research Agricultural Economist
Indian Health Service
Indian Health Service
06/28/2020
06/28/2020
$77,50106/28/2020
$77,501
Agricultural Economist
Agricultural Economist
Economic Research Service
Economic Research Service
11/25/2019
11/25/2019
$124,29011/25/2019
$124,290
Agricultural Economist
Agricultural Economist
Economic Research Service
Economic Research Service
08/26/2019
08/26/2019
$117,19108/26/2019
$117,191
Agricultural Economist
Agricultural Economist
Economic Research Service
Economic Research Service
08/26/2019
08/26/2019
$124,29008/26/2019
$124,290
Extension Agricultural Economist
Extension Agricultural Economist
Kansas State University
Kansas State University
05/15/2019
05/15/2019
$55,00005/15/2019
$55,000
See More Recent Salaries

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Agricultural Economist Demographics

Gender

male

72.1 %

female

23.5 %

unknown

4.4 %

Ethnicity

White

77.3 %

Hispanic or Latino

9.7 %

Asian

5.6 %

Foreign Languages Spoken

Spanish

33.3 %

Swahili

16.7 %

Portuguese

16.7 %
See More Demographics

Agricultural Economist Education

Majors

Economics
15.2 %
Business
10.9 %

Degrees

Masters

43.9 %

Doctorate

26.8 %

Bachelors

19.5 %

Top Colleges for Agricultural Economists

1. Harvard University

Cambridge, MA

In-State Tuition
$50,420
Enrollment
7,582

2. University of Minnesota - Twin Cities

Minneapolis, MN

In-State Tuition
$14,760
Enrollment
31,451

3. University of California, Berkeley

Berkeley, CA

In-State Tuition
$14,184
Enrollment
30,845

4. Northwestern University

Evanston, IL

In-State Tuition
$54,568
Enrollment
8,451

5. University of Georgia

Athens, GA

In-State Tuition
$11,830
Enrollment
29,474

6. Stanford University

Stanford, CA

In-State Tuition
$51,354
Enrollment
7,083

7. University of Pennsylvania

Philadelphia, PA

In-State Tuition
$55,584
Enrollment
10,764

8. Pennsylvania State University

University Park, PA

In-State Tuition
$18,454
Enrollment
40,108

9. Virginia Polytechnic Institute and State University

Blacksburg, VA

In-State Tuition
$13,620
Enrollment
27,730

10. University of Wisconsin - Madison

Madison, WI

In-State Tuition
$10,555
Enrollment
30,360
See More Education Info

Entry Level Jobs For Becoming An Agricultural Economist

Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For an Agricultural Economist

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 28.0% of agricultural economists listed economics on their resume, but soft skills such as writing skills and analytical skills are important as well.

Best States For an Agricultural Economist

Some places are better than others when it comes to starting a career as an agricultural economist. The best states for people in this position are South Dakota, Ohio, Montana, and Virginia. Agricultural economists make the most in South Dakota with an average salary of $113,404. Whereas in Ohio and Montana, they would average $113,391 and $111,964, respectively. While agricultural economists would only make an average of $111,111 in Virginia, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. South Dakota

Total Agricultural Economist Jobs:
1
Highest 10% Earn:
$194,000
Location Quotient:
1.77
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Virginia

Total Agricultural Economist Jobs:
17
Highest 10% Earn:
$194,000
Location Quotient:
1.8
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Nevada

Total Agricultural Economist Jobs:
2
Highest 10% Earn:
$188,000
Location Quotient:
1.19
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Agricultural Economist Employers

1. United States Department of Agriculture
4.4
Avg. Salary: 
$33,158
Agricultural Economists Hired: 
28+
2. MSP
4.2
Avg. Salary: 
$47,290
Agricultural Economists Hired: 
4+
3. Agri Beef Co
4.3
Avg. Salary: 
$45,742
Agricultural Economists Hired: 
2+
4. Texas A&M Transportation Institute
4.2
Avg. Salary: 
$45,741
Agricultural Economists Hired: 
1+
5. AmSpec
4.6
Avg. Salary: 
$56,941
Agricultural Economists Hired: 
1+
6. Kansas School For the Blind
4.3
Avg. Salary: 
$31,342
Agricultural Economists Hired: 
1+

Recently Added Agricultural Economist Jobs

Updated October 2, 2020