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Economic analyst salary
Average economic analyst salary
$72,501
Understanding Economic Analyst Salaries
Economic analysts play a crucial role in evaluating economic data and trends, influencing policies and strategies across various sectors. As of October 2025, the average salary for an Economic Analyst is $72,501 per year. Salaries can differ significantly based on geographic location, industry, and years of experience. For instance, states such as California and New York often offer higher salaries due to the demand for skilled analysts.
Salary by State
Analyzing salaries by state reveals valuable insights for job seekers. For example, economic analysts in Washington report some of the highest salaries, often exceeding the national average. Additionally, positions in specific industries, such as finance and consulting, typically come with competitive compensation packages.
Job Opportunities
Various job opportunities exist for economic analysts, ranging from government roles to private sector positions. Exploring these options can provide a clearer picture of the potential career trajectory and salary growth within the field.
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Where can an Economic Analyst earn more?
Economic analyst salary estimates from across the web
Average economic analyst salary by state
The highest-paying states for economic analysts are New Jersey, New York, and New Hampshire. The lowest average economic analyst salary states are Florida, Mississippi, and Arkansas.
- State view
- County view
Highest paying states for economic analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $85,693 | $41.20 |
| 2 | District of Columbia | $91,237 | $43.86 |
| 3 | Washington | $82,987 | $39.90 |
| 4 | Arizona | $81,258 | $39.07 |
| 5 | Massachusetts | $82,071 | $39.46 |
| 6 | New Jersey | $86,413 | $41.54 |
| 7 | Delaware | $79,994 | $38.46 |
| 8 | Pennsylvania | $81,124 | $39.00 |
| 9 | Rhode Island | $78,428 | $37.71 |
| 10 | Virginia | $77,341 | $37.18 |
| 11 | New Hampshire | $83,691 | $40.24 |
| 12 | California | $79,120 | $38.04 |
| 13 | Maryland | $77,969 | $37.49 |
| 14 | Texas | $72,566 | $34.89 |
| 15 | Oregon | $75,399 | $36.25 |
| 16 | Vermont | $74,820 | $35.97 |
| 17 | Ohio | $73,043 | $35.12 |
| 18 | Minnesota | $73,108 | $35.15 |
| 19 | Nevada | $72,115 | $34.67 |
| 20 | Illinois | $70,456 | $33.87 |
| 21 | Connecticut | $71,244 | $34.25 |
| 22 | West Virginia | $71,845 | $34.54 |
| 23 | Michigan | $68,686 | $33.02 |
| 24 | Indiana | $69,383 | $33.36 |
| 25 | Utah | $68,725 | $33.04 |
| 26 | Colorado | $66,402 | $31.92 |
| 27 | Wyoming | $63,964 | $30.75 |
| 28 | Maine | $69,595 | $33.46 |
| 29 | Missouri | $66,251 | $31.85 |
| 30 | North Carolina | $64,684 | $31.10 |
| 31 | South Carolina | $68,979 | $33.16 |
| 32 | New Mexico | $68,185 | $32.78 |
| 33 | Georgia | $64,374 | $30.95 |
| 34 | Alaska | $63,644 | $30.60 |
| 35 | Iowa | $65,521 | $31.50 |
| 36 | Nebraska | $64,505 | $31.01 |
| 37 | Alabama | $62,731 | $30.16 |
| 38 | Idaho | $63,716 | $30.63 |
| 39 | Wisconsin | $61,808 | $29.72 |
| 40 | Tennessee | $61,560 | $29.60 |
| 41 | Hawaii | $55,936 | $26.89 |
| 42 | Montana | $61,336 | $29.49 |
| 43 | Florida | $56,761 | $27.29 |
| 44 | North Dakota | $59,439 | $28.58 |
| 45 | Kentucky | $60,241 | $28.96 |
| 46 | Arkansas | $56,394 | $27.11 |
| 47 | South Dakota | $57,461 | $27.63 |
| 48 | Kansas | $56,196 | $27.02 |
| 49 | Mississippi | $56,457 | $27.14 |
| 50 | Louisiana | $57,112 | $27.46 |
| 51 | Oklahoma | $56,236 | $27.04 |
Highest paying cities for economic analysts
The highest-paying cities for economic analysts are Washington, DC, San Francisco, CA, and White Plains, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington, DC | $91,261 | $43.88 |
| 2 | San Francisco, CA | $88,577 | $42.59 |
| 3 | White Plains, NY | $85,945 | $41.32 |
| 4 | Olympia, WA | $83,918 | $40.35 |
| 5 | Boston, MA | $82,124 | $39.48 |
| 6 | Phoenix, AZ | $81,558 | $39.21 |
| 7 | Austin, TX | $72,967 | $35.08 |
| 8 | Minnetonka, MN | $72,881 | $35.04 |
| 9 | Columbus, OH | $72,429 | $34.82 |
| 10 | Hartford, CT | $71,298 | $34.28 |
| 11 | Las Vegas, NV | $70,953 | $34.11 |
| 12 | Chicago, IL | $70,879 | $34.08 |
| 13 | Boulder, CO | $66,502 | $31.97 |
| 14 | Atlanta, GA | $64,615 | $31.06 |
| 15 | Tallahassee, FL | $59,209 | $28.47 |
| 16 | Tulsa, OK | $56,110 | $26.98 |
| 17 | Urban Honolulu, HI | $55,997 | $26.92 |
Economic analyst salary details
An economic analyst's salary ranges from $49,000 a year at the 10th percentile to $107,000 at the 90th percentile.
What is an economic analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $107,000 | $8,917 | $51 |
| 75th Percentile | $89,000 | $7,417 | $43 |
| Average | $72,501 | $6,042 | $35 |
| 25th Percentile | $59,000 | $4,917 | $28 |
| 10th Percentile | $49,000 | $4,083 | $24 |
Highest paying economic analyst jobs
The highest paying types of economic analysts are equity analyst, senior analyst, and senior finance analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Analyst Internship | $38,569 | $3,214 | $18.54 | 103,723 |
| Business & Finance Analyst | $70,514 | $5,876 | $33.90 | 168,111 |
| Corporate Finance Analyst | $76,023 | $6,335 | $36.55 | 114,375 |
| Financial Analyst Internship | $38,827 | $3,236 | $18.67 | 104,448 |
| Treasury Analyst | $72,667 | $6,056 | $34.94 | 50,817 |
| Real Estate Analyst | $71,206 | $5,934 | $34.23 | 35,450 |
How would you rate the starting salaries for economic analysts, as well as the prospects for salary advancement?
Dawn Gomez Ph.D.
Assistant Director of Career Services, Texas A&M University-
Top companies hiring economic analysts now:
Which companies pay economic analysts the most?
Economic analyst salaries at The Citadel and Warburg Pincus are the highest-paying according to our most recent salary estimates. In addition, the average economic analyst salary at companies like Amazon and Etsy are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | The Citadel | $147,816 | $71.07 |
| 2 | Warburg Pincus | $120,086 | $57.73 |
| 3 | Amazon | $108,635 | $52.23 |
| 4 | Etsy | $102,542 | $49.30 |
| 5 | Baker McKenzie | $102,522 | $49.29 |
| 6 | HSBC Bank | $100,420 | $48.28 |
| 7 | Caterpillar | $97,871 | $47.05 |
| 8 | MJX Asset Management | $94,602 | $45.48 |
| 9 | Federal National Mortgage Association | $92,509 | $44.48 |
| 10 | Robins Kaplan Miller & Ciresi L.L.P. | $88,966 | $42.77 |
| 11 | Smith & Nephew | $87,285 | $41.96 |
| 12 | Stripe | $87,205 | $41.93 |
| 13 | EmblemHealth | $86,930 | $41.79 |
| 14 | Qualcomm | $86,667 | $41.67 |
| 15 | Boeing | $83,466 | $40.13 |
| 16 | U.S. Bank | $83,035 | $39.92 |
| 17 | PSEG | $82,467 | $39.65 |
| 18 | New York Power Authority | $82,033 | $39.44 |
| 19 | Unitedheath Group | $81,984 | $39.42 |
| 20 | Fifth Third Bank | $81,098 | $38.99 |
Wage gap by gender, race and education
Economic Analyst salary by industry
The average economic analyst salary varies across industries:
- The average economic analyst salary in the professional industry is $83,639, the highest of any industry.
- The average economic analyst salary in the finance industry is $81,424.
- Economic analysts in the insurance industry earn an average salary of $69,422, the lowest of any industry.
Highest paying industries for economic analysts
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Professional | $83,639 | $40.21 |
| 2 | Finance | $81,424 | $39.15 |
| 3 | Energy | $79,145 | $38.05 |
| 4 | Manufacturing | $75,540 | $36.32 |
| 5 | Health Care | $75,191 | $36.15 |
| 6 | Insurance | $69,422 | $33.38 |
High paying economic analyst jobs
Economic analyst salary trends
The average economic analyst salary has risen by $11,134 over the last ten years. In 2014, the average economic analyst earned $61,367 annually, but today, they earn $72,501 a year. That works out to a 9% change in pay for economic analysts over the last decade.
Compare economic analyst salaries for cities or states with the national average over time.
Average economic analyst salary over time
Compare economic analyst salaries for individual cities or states with the national average.
Economic analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $72,500 | $34.86 | +2.6% |
| 2024 | $70,600 | $33.96 | +1.6% |
| 2023 | $69,500 | $33.41 | +1.6% |
| 2022 | $68,400 | $32.88 | +3.0% |
| 2021 | $66,300 | $31.89 | +1.8% |
Recently added economic analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Highmark Health | Reimbursement Economics Analyst | Harrisburg, PA | 06/25/2025 | $57,700 |
| Unitedhealth Group Inc. | SR. Healthcare Economics Analyst-Remote | Minneapolis, MN | 06/24/2025 | $89,900 |
| Cleveland Clinic | Contract Economics Analyst | Independence, OH | 06/24/2025 | $47,688 |
| Blue Cross and Blue Shield Association | Medical Economics Analyst | Newark, NJ | 06/23/2025 | $86,000 |
| CVS Health | Medical Economics Lead Analyst | Austin, TX | 06/17/2025 | $60,300 |
| CVS Health | Medical Economics Lead Analyst | Springfield, IL | 06/17/2025 | $60,300 |
| CVS Health | Medical Economics Lead Analyst | Pine, AZ | 06/17/2025 | $60,300 |
| Horizon Blue | Medical Economics Analyst | Newark, NJ | 06/09/2025 | $86,000 |
| Blue Cross and Blue Shield Association | Medical Economics Analyst | Newark, NJ | 05/24/2025 | $86,000 |
| Astrana Health | Analyst-Medical Economics | Alhambra, CA | 05/24/2025 | $85,000 |
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