Working as an Economist Research Assistant

There is more than meets the eye when it comes to being an Economist Research Assistant. For example, did you know that they make an average of $58.05 an hour? That's $120,744 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 Economist Research Assistant Do

There are certain skills that many Economist Research Assistants 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 Analytical skills, Critical-thinking skills and Speaking skills.

When it comes to the most important skills required to be an Economist Research Assistant, we found that a lot of resumes listed 17.4% of Economist Research Assistants included Data Analysis, while 8.4% of resumes included Economic Indicators, and 5.8% of resumes included Economic Development. 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 Economist Research Assistant job title. But what industry to start with? Most Economist Research Assistants actually find jobs in the Finance and Government industries.

Learn More About What an Economist Research Assistant Does

How To Become an Economist Research Assistant

If you're interested in becoming an Economist Research Assistant, one of the first things to consider is how much education you need. We've determined that 18.8% of Economist Research Assistants have a bachelor's degree. In terms of higher education levels, we found that 35.4% of Economist Research Assistants have master's degrees. Even though most Economist Research Assistants have a college degree, it's possible 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 Economist Research Assistant. When we researched the most common majors for an Economist Research Assistant, we found that they most commonly earn Economics degrees or Business degrees. Other degrees that we often see on Economist Research Assistant resumes include Finance degrees or Political Science degrees.

You may find that experience in other jobs will help you become an Economist Research Assistant. In fact, many Economist Research Assistant jobs require experience in a role such as Research Assistant. Meanwhile, many Economist Research Assistants also have previous career experience in roles such as Internship or Economist.

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Average Salary$120,744
Job Growth Rate8%

Economist Research Assistant Jobs

Average Salary for an Economist Research Assistant

Economist Research Assistants in America make an average salary of $120,744 per year or $58 per hour. The top 10 percent makes over $177,000 per year, while the bottom 10 percent under $82,000 per year.
Average Salary
$120,744

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Research Economist (EA3)
Research Economist (EA3)
Washington State
Washington State
06/19/2020
06/19/2020
$60,92406/19/2020
$60,924
Research Economist
Research Economist
American Economic Association
American Economic Association
06/04/2020
06/04/2020
$86,33506/04/2020
$86,335
Research Economist
Research Economist
Western Washington University
Western Washington University
04/03/2020
04/03/2020
$47,52004/03/2020
$47,520
Research Economist
Research Economist
Federal Reserve Bank (FRB)
Federal Reserve Bank (FRB)
03/07/2020
03/07/2020
$116,80003/07/2020
$116,800
Research Economist
Research Economist
Federal Reserve Bank
Federal Reserve Bank
03/05/2020
03/05/2020
$116,80003/05/2020
$116,800
See More Recent Salaries

Economist Research Assistant Demographics

Gender

Male

59.3 %

Female

35.8 %

Unknown

4.9 %
Ethnicity

White

48.5 %

Hispanic or Latino

20.2 %

Black or African American

14.3 %
Show More
Foreign Languages Spoken

Spanish

29.6 %

German

11.1 %

Mandarin

11.1 %
Show More

Entry Level Jobs For Becoming An Economist Research Assistant

Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For an Economist Research Assistant

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, 17.4% of Economist Research Assistants listed Data Analysis on their resume, but soft skills such as Analytical skills and Critical-thinking skills are important as well.

Best States For an Economist Research Assistant

Some places are better than others when it comes to starting a career as an Economist Research Assistant. The best states for people in this position are Hawaii, California, Maryland, and Virginia. Economist Research Assistants make the most in Hawaii with an average salary of $126,760. Whereas in California and Maryland, they would average $117,433 and $110,239, respectively. While Economist Research Assistants would only make an average of $107,890 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. Arizona

Total Economist Research Assistant Jobs:
280
Highest 10% Earn:
$186,000
Location Quotient:
2.26
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. California

Total Economist Research Assistant Jobs:
929
Highest 10% Earn:
$202,000
Location Quotient:
1.1
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. Rhode Island

Total Economist Research Assistant Jobs:
34
Highest 10% Earn:
$188,000
Location Quotient:
1.47
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 Economist Research Assistant Employers

1. Research Triangle Institute
4.6
Avg. Salary: 
$52,306
Economist Research Assistants Hired: 
23+
2. Federal Reserve Bank of Boston
3.8
Avg. Salary: 
$81,018
Economist Research Assistants Hired: 
15+
3. Purdue University
4.3
Avg. Salary: 
$48,839
Economist Research Assistants Hired: 
8+
4. Federal Reserve Bank of Atlanta
4.2
Avg. Salary: 
$66,685
Economist Research Assistants Hired: 
4+
5. California Institute of the Arts
4.5
Avg. Salary: 
$52,364
Economist Research Assistants Hired: 
4+
6. RAND
4.5
Avg. Salary: 
$62,324
Economist Research Assistants Hired: 
3+

Recently Added Economist Research Assistant Jobs

Updated August 27, 2020