Economic adviser vs regional economist

The differences between economic advisers and regional economists can be seen in a few details. Each job has different responsibilities and duties. Additionally, an economic adviser has an average salary of $76,957, which is higher than the $57,727 average annual salary of a regional economist.

The top three skills for an economic adviser include economic analysis, economic development and financial institutions. The most important skills for a regional economist are economic analysis, econometrics, and macro.

Economic adviser vs regional economist overview

	Economic Adviser	Regional Economist
Yearly salary	$76,957	$57,727
Hourly rate	$37.00	$27.75
Growth rate	6%	6%
Number of jobs	11,974	18,955
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 62%
Average age	45	45
Years of experience	-	-

Economic adviser vs regional economist salary

Economic advisers and regional economists have different pay scales, as shown below.

	Economic Adviser	Regional Economist
Average salary	$76,957	$57,727
Salary range	Between $40,000 And $145,000	Between $25,000 And $131,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between economic adviser and regional economist education

There are a few differences between an economic adviser and a regional economist in terms of educational background:

	Economic Adviser	Regional Economist
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 62%
Most common major	Economics	Economics
Most common college	Harvard University	Northwestern University

Economic adviser vs regional economist demographics

Here are the differences between economic advisers' and regional economists' demographics:

	Economic Adviser	Regional Economist
Average age	45	45
Gender ratio	Male, 73.4% Female, 26.6%	Male, 89.7% Female, 10.3%
Race ratio	Black or African American, 6.3% Unknown, 5.6% Hispanic or Latino, 11.8% Asian, 10.7% White, 65.2% American Indian and Alaska Native, 0.2%	Black or African American, 4.5% Unknown, 5.4% Hispanic or Latino, 7.9% Asian, 11.6% White, 70.4% American Indian and Alaska Native, 0.2%
LGBT Percentage	8%	8%

Differences between economic adviser and regional economist duties and responsibilities

Economic adviser example responsibilities.

Perform GIS inventory of city pedestrian infrastructure to achieve ADA compliance
Develop, specify, and test econometric models using time-series econometrics, panel-data econometrics, and limit dependent variable techniques.
Assist in planning and implementation of logistics automation initiatives relate to vehicle fleet management and repair parts management.

Regional economist example responsibilities.

Manage, utilize, and archive database for commodities in assign areas.
Develop a series of short SAS programming training modules which will allow analysts to learn programming techniques base on business situations.
Develop, specify, and test econometric models using time-series econometrics, panel-data econometrics, and limit dependent variable techniques.
Utilize a combination of SQL querying and qualitative research to investigate results gain from statistical analyses.

Economic adviser vs regional economist skills

Common economic adviser skills

Economic Analysis, 26%
Economic Development, 11%
Financial Institutions, 8%
Research Projects, 7%
Strategic Plan, 6%
Capacity Building, 6%

Common regional economist skills

Economic Analysis, 43%
Econometrics, 29%
Macro, 13%
Financial Markets, 8%
FDIC, 7%

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Economic Adviser
Economic Adviser vs Regional Economist

Updated January 8, 2025

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