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What is a home economist and how to become one

Updated January 8, 2025
2 min read
Quoted expert
Eduardo Zambrano
There is more than meets the eye when it comes to being a home economist. For example, did you know that they make an average of $27.25 an hour? That's $56,687 a year! Between 2018 and 2028, the career is expected to grow 6% and produce 1,000 job opportunities across the U.S.

What general advice would you give to a home economist?

Eduardo ZambranoEduardo Zambrano LinkedIn profile

Professor of Economics, Orfalea College of Business

First, here is some 'technical' advice:
Every Economics graduate should feel very comfortable with coding and data management. This training can be obtained if your school does not offer it by attending software and data carpentry workshops online (https://carpentries.org/). A graduate with good Python and R skills, and working knowledge of SQL, will stand out in a crowded field, no matter what sub-field of economics the graduate may be interested in.

Now, here is some 'big picture' advice:
Economic data does not analyze itself, and it does not come from 'nature.' Economic data is the result of the decisions of individuals. To understand data generated by a human activity, you need to think about the incentives that lead individuals to make the decisions that are captured in this data. Therefore, knowledge of econometrics is essential, as it is knowledge of economic theory. What distinguishes Economists from other kinds of data analysts is this emphasis on the understanding that if you do not factor accurately how individuals respond to incentives in the analysis of your data, your review is likely to be flawed or at least incomplete. Getting good at this way of data analysis takes many years, and graduates should be prepared to continue learning how to do this well past their college years. With this advice comes a caveat, and an acknowledgment of responsibility: every data analyst must understand that decisions based on data have ethical implications, and can affect some gender or ethnic groups in different ways. These considerations must be explicitly addressed, or the analyst may provide biased and ultimately undesirable advice to the decision-makers.
ScoreHome EconomistUS Average
Salary
4.4

Avg. Salary $56,687

Avg. Salary $59,228

Stability level
4.3

Growth rate 6%

Growth rate 0.3%

Diversity
2.5
Race

American Indian and Alaska Native 0.21%

Asian 10.72%

Black or African American 6.39%

Hispanic or Latino 12.00%

Unknown 5.32%

White 65.35%

Gender

female 95.73%

male 4.27%

Age - 43
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43
Stress level
4.3

Stress level is moderate

7.1 - high

Complexity level
10.0

Complexity level is advanced

7 - challenging

Work life balance
5.2

Work life balance is fair

6.4 - fair

Key steps to become a home economist

  1. Explore home economist education requirements

    Most common home economist degrees

    Bachelor's

    74.2 %

    Master's

    10.1 %

    Associate

    9.0 %
  2. Start to develop specific home economist skills

    SkillsPercentages
    Educational Programs100.00%
  3. Research home economist duties and responsibilities

    • Manage, utilize, and archive database for commodities in assign areas.
    • 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.
  4. Apply for home economist jobs

    Now it's time to start searching for a home economist job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first home economist job

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Average home economist salary

The average home economist salary in the United States is $56,687 per year or $27 per hour. Home economist salaries range between $25,000 and $128,000 per year.

Average home economist salary
$56,687 Yearly
$27.25 hourly

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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