Economic consultant demographics and statistics in the US
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Economic consultant demographics by:
Economic consultant gender statistics
35.9% of economic consultants are women and 64.1% of economic consultants are men.
- Male, 64.1%
- Female, 35.9%
Economic consultant gender ratio
| Gender | Percentages |
|---|---|
| Male | 64.1% |
| Female | 35.9% |
Economic consultant gender pay gap
Women earn 94¢ for every $1 earned by men
Male income
$81,401
Female income
$76,219
Economic consultant gender ratio over time
This data breaks down the percentage of men and women in economic consultant positions over time. Currently, 35.9% of economic consultants are female.
Economic consultant gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 66.86% | 33.14% |
| 2011 | 66.58% | 33.42% |
| 2012 | 66.79% | 33.21% |
| 2013 | 66.40% | 33.60% |
| 2014 | 64.89% | 35.11% |
| 2015 | 66.21% | 33.79% |
| 2016 | 65.53% | 34.47% |
| 2017 | 65.02% | 34.98% |
| 2018 | 66.75% | 33.25% |
| 2019 | 65.21% | 34.79% |
| 2020 | 63.69% | 36.31% |
| 2021 | 64.12% | 35.88% |
Economic consultant related jobs gender ratio
We compared economic consultants with similar job titles to see how gender ratios vary. As you can see, timber buyer and chief estimator have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Wedding Coordinator | 9% | 91% |
| Conference Planning Manager | 9% | 91% |
| Human Resources Administrative Assistant | 9% | 91% |
| Economic Consultant | 64% | 36% |
| Electronic Security Specialist | 94% | 6% |
| Chief Estimator | 95% | 5% |
| Timber Buyer | 97% | 3% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Economic consultant demographics by race
The most common ethnicity among economic consultants is White, which makes up 65.2% of all economic consultants. Comparatively, 14.3% of economic consultants are Asian and 8.4% of economic consultants are Hispanic or Latino.
- White, 65.2%
- Asian, 14.3%
- Hispanic or Latino, 8.4%
- Black or African American, 7.4%
- Unknown, 4.4%
- American Indian and Alaska Native, 0.3%
Economic consultant race
| Economic consultant race | Percentages |
|---|---|
| White | 65.2% |
| Asian | 14.3% |
| Hispanic or Latino | 8.4% |
| Black or African American | 7.4% |
| Unknown | 4.4% |
| American Indian and Alaska Native | 0.3% |
Economic consultant race and ethnicity over time
See how economic consultant racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Economic consultant race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 73.98% | 7.17% | 10.99% | 5.89% |
| 2011 | 73.23% | 7.25% | 11.37% | 6.15% |
| 2012 | 72.17% | 7.63% | 11.77% | 6.34% |
| 2013 | 72.05% | 7.32% | 12.18% | 6.34% |
| 2014 | 72.36% | 7.40% | 12.25% | 5.97% |
| 2015 | 71.27% | 6.93% | 12.52% | 6.96% |
| 2016 | 71.04% | 6.87% | 12.89% | 6.84% |
| 2017 | 70.62% | 7.17% | 12.90% | 6.94% |
| 2018 | 70.72% | 6.62% | 13.18% | 7.03% |
| 2019 | 68.51% | 7.18% | 13.87% | 7.91% |
| 2020 | 66.71% | 7.18% | 13.17% | 8.53% |
| 2021 | 65.20% | 7.43% | 14.32% | 8.45% |
Economic consultant wage gap by race
According to our data, asian economic consultants have the highest average salary compared to other ethnicities. Black or african american economic consultants have the lowest average salary at $77,610.
| Ethnicity | Salary |
|---|---|
| Unknown | $81,221 |
| White | $82,551 |
| Black or African American | $77,610 |
| Asian | $86,075 |
| Hispanic or Latino | $79,793 |
Average economic consultant age
See how the average age of economic consultants varies based on ethnicity and gender.
Male
Female
Economic consultant age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 40 | 39.5 |
| White | 45 | 46 |
| Black or African American | 42 | 46 |
| Asian | 39 | 37 |
| Hispanic or Latino | 39.5 | 40 |
Economic consultant age breakdown
The average age of economic consultants is 40+ years years old, representing 59% of the economic consultant population.
Economic consultant age breakdown
| Economic Consultant Years | Percentages |
|---|---|
| 40+ years | 59% |
| 30-40 years | 27% |
| 20-30 years | 13% |
Economic consultant educational attainment
The most common degree for economic consultants is bachelor's degree, with 56% of economic consultants earning that degree. The second and third most common degree levels are master's degree degree at 33% and master's degree degree at 7%.
- Bachelor's, 56%
- Master's, 33%
- Doctorate, 7%
- Associate, 3%
- Other Degrees, 1%
Economic consultants by degree level
| Economic consultant degree | Percentages |
|---|---|
| Bachelor's | 56% |
| Master's | 33% |
| Doctorate | 7% |
| Associate | 3% |
| Other Degrees | 1% |
Economic consultant jobs you might like
Economic consultant wage gap by degree level
According to the data, economic consultants with a Doctorate degree earn more than those without, at $96,837 annually. With a Master's degree, economic consultants earn a median annual income of $91,457 compared to $82,520 for economic consultants with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $91,457 |
| Bachelor's Degree | $82,520 |
| Doctorate Degree | $96,837 |
Economic consultant employment statistics
Most economic consultants work for a private in the professional industry.
Company size where economic consultants work
Below, you can see the size of companies where economic consultants work.
Economic consultant jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 4% |
| 50 - 100 employees | 13% |
| 100 - 500 employees | 24% |
| 500 - 1,000 employees | 9% |
| 1,000 - 10,000 employees | 26% |
| > 10,000 employees | 25% |
Economic consultant jobs by company type
Employees with the economic consultant job title have their preferences when it comes to working for a company. For instance, most economic consultants prefer to work at private companies over public companies.
Economic consultant jobs by sector
| Company type | Percentages |
|---|---|
| Education | 10% |
| Public | 19% |
| Private | 59% |
| Government | 11% |
Economic consultant jobs by industry
The most common industries for economic consultants are professional, finance and government.
Economic consultant industry statistics
| Industry | Percentages |
|---|---|
| Professional | 23% |
| Finance | 9% |
| Government | 9% |
| Education | 8% |
| Non Profits | 8% |
| Fortune 500 | 8% |
| Health Care | 6% |
| Insurance | 5% |
| Technology | 4% |
| Pharmaceutical | 3% |
| Construction | 3% |
| Real Estate | 3% |
| Manufacturing | 3% |
| Start-up | 2% |
| Energy | 2% |
| Hospitality | 2% |
| Transportation | 1% |
| Media | 1% |
| Telecommunication | 1% |
Economic consultant turnover and employment statistics
Economic consultant unemployment rate over time
The unemployment rate for economic consultants between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Economic consultant unemployment rate by year
| Year | Economic consultant unemployment rate |
|---|---|
| 2010 | 6.86% |
| 2011 | 4.96% |
| 2012 | 5.00% |
| 2013 | 4.70% |
| 2014 | 4.15% |
| 2015 | 3.56% |
| 2016 | 3.57% |
| 2017 | 3.12% |
| 2018 | 3.13% |
| 2019 | 3.02% |
| 2020 | 4.33% |
| 2021 | 4.32% |
Average economic consultant tenure
The average economic consultant stays at their job for 1-2 years, based on the 348 economic consultants resumes in Zippia's database.
Economic consultant tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 24% |
| 1-2 years | 34% |
| 3-4 years | 14% |
| 5-7 years | 14% |
| 8-10 years | 6% |
| 11+ years | 7% |
Economic consultant LGBT ratio compared to similar jobs
Review the percent of economic consultants that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Job Estimator | 4.41% | 45,781 |
| Logistics System Engineer | 8.65% | 33,781 |
| Digital Marketing Consultant | 10.00% | 99,520 |
| Industrial Relations Worker | 11.05% | 38,720 |
| Environmental Compliance Manager | 11.64% | 35,731 |
| Economic Consultant | 12.44% | - |
| Fundraising Specialist | 19.25% | 19,019 |
Similar economic consultant jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Job Estimator | 4.41% | 45,781 |
| Logistics System Engineer | 8.65% | 33,781 |
| Digital Marketing Consultant | 10.00% | 99,520 |
| Industrial Relations Worker | 11.05% | 38,720 |
| Environmental Compliance Manager | 11.64% | 35,731 |
| Fundraising Specialist | 19.25% | 19,019 |
Foreign languages spoken by economic consultants
The most common foreign language among economic consultants is Spanish at 27.3%. The second-most popular foreign language spoken is French at 18.2% and Chinese is the third-most popular at 10.4%.
- Spanish, 27.3%
- French, 18.2%
- Chinese, 10.4%
- Japanese, 6.5%
- Mandarin, 6.5%
- Other, 31.1%
Economic consultant languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 27.3% |
| French | 18.2% |
| Chinese | 10.4% |
| Japanese | 6.5% |
| Mandarin | 6.5% |
| Other | 31.1% |
