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Economic research analyst salary
Average economic research analyst salary
$78,261
Understanding the Economic Research Analyst Salary
The average salary for an Economic Research Analyst is approximately $78,261 per year, translating to about $38 per hour. This figure reflects variables such as experience, education, and geographic location. Entry-level analysts typically start at lower salaries, while those with more experience can earn significantly more, particularly in high-demand states.
Salary by Experience Level
Entry-level positions may offer salaries around $55,000, while mid-level analysts can expect about $75,000. Senior analysts and specialists often exceed $90,000 annually. This progression highlights the value of experience and specialization in the field.
Regional Salary Variations
Location plays a critical role in salary variations, with states like California, New York, and Massachusetts typically offering higher compensation. Understanding these regional differences can help candidates target their job applications effectively.
Conclusion
For those considering a career in economic research, familiarizing yourself with salary expectations is essential. This knowledge not only supports informed career decisions but also aids in negotiating compensation packages in future roles.
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Where can an Economic Research Analyst earn more?
Economic research analyst salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level economic research analyst | $49,100 | $23.61 |
| Mid-level economic research analyst | $82,900 | $39.87 |
| Senior-level economic research analyst | $136,000 | $65.30 |
Economic research analyst salary estimates from across the web
Average economic research analyst salary by state
The highest-paying states for economic research analysts are New Jersey, Delaware, and New York. The lowest average economic research analyst salary states are Vermont, North Dakota, and Nebraska.
- State view
- County view
Highest paying states for economic research analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Jersey | $134,154 | $64.50 |
| 2 | Delaware | $113,598 | $54.61 |
| 3 | District of Columbia | $108,540 | $52.18 |
| 4 | Pennsylvania | $89,624 | $43.09 |
| 5 | Michigan | $96,962 | $46.62 |
| 6 | Rhode Island | $86,439 | $41.56 |
| 7 | Illinois | $93,747 | $45.07 |
| 8 | New Hampshire | $89,689 | $43.12 |
| 9 | Connecticut | $93,720 | $45.06 |
| 10 | New York | $108,048 | $51.95 |
| 11 | Maryland | $103,786 | $49.90 |
| 12 | Massachusetts | $104,747 | $50.36 |
| 13 | Virginia | $82,997 | $39.90 |
| 14 | California | $87,196 | $41.92 |
| 15 | Washington | $102,064 | $49.07 |
| 16 | Oregon | $78,997 | $37.98 |
| 17 | Minnesota | $79,052 | $38.01 |
| 18 | Tennessee | $78,352 | $37.67 |
| 19 | Maine | $83,675 | $40.23 |
| 20 | North Carolina | $79,929 | $38.43 |
| 21 | Texas | $76,129 | $36.60 |
| 22 | Ohio | $75,413 | $36.26 |
| 23 | Nevada | $77,789 | $37.40 |
| 24 | Idaho | $76,355 | $36.71 |
| 25 | Colorado | $71,912 | $34.57 |
| 26 | Montana | $74,147 | $35.65 |
| 27 | South Dakota | $70,731 | $34.01 |
| 28 | West Virginia | $71,257 | $34.26 |
| 29 | Wisconsin | $71,491 | $34.37 |
| 30 | Utah | $65,999 | $31.73 |
| 31 | Georgia | $71,221 | $34.24 |
| 32 | Missouri | $66,223 | $31.84 |
| 33 | Indiana | $67,268 | $32.34 |
| 34 | Arizona | $62,926 | $30.25 |
| 35 | Vermont | $59,922 | $28.81 |
| 36 | Wyoming | $61,136 | $29.39 |
| 37 | South Carolina | $69,944 | $33.63 |
| 38 | Florida | $64,362 | $30.94 |
| 39 | New Mexico | $60,995 | $29.32 |
| 40 | Iowa | $66,015 | $31.74 |
| 41 | Louisiana | $67,621 | $32.51 |
| 42 | Kentucky | $65,679 | $31.58 |
| 43 | Arkansas | $64,413 | $30.97 |
| 44 | Oklahoma | $62,180 | $29.89 |
| 45 | Hawaii | $43,038 | $20.69 |
| 46 | Nebraska | $56,238 | $27.04 |
| 47 | North Dakota | $57,155 | $27.48 |
| 48 | Alaska | $60,680 | $29.17 |
| 49 | Alabama | $60,793 | $29.23 |
| 50 | Kansas | $54,106 | $26.01 |
| 51 | Mississippi | $50,210 | $24.14 |
Highest paying cities for economic research analysts
The highest-paying cities for economic research analysts are Washington, DC, New York, NY, and Boston, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington, DC | $108,670 | $52.25 |
| 2 | New York, NY | $108,594 | $52.21 |
| 3 | Boston, MA | $104,507 | $50.24 |
| 4 | Seattle, WA | $102,406 | $49.23 |
| 5 | San Bruno, CA | $100,150 | $48.15 |
| 6 | Radnor, PA | $90,327 | $43.43 |
| 7 | Champaign, IL | $88,530 | $42.56 |
| 8 | Arlington, VA | $85,568 | $41.14 |
| 9 | Saint Paul, MN | $79,290 | $38.12 |
| 10 | Cleveland, OH | $78,566 | $37.77 |
| 11 | Arlington, TX | $78,073 | $37.54 |
| 12 | Las Vegas, NV | $77,031 | $37.03 |
| 13 | Denver, CO | $71,893 | $34.56 |
| 14 | Atlanta, GA | $71,211 | $34.24 |
| 15 | Saint Louis, MO | $68,250 | $32.81 |
| 16 | Bloomington, IN | $64,477 | $31.00 |
| 17 | Tulsa, OK | $61,869 | $29.74 |
Economic research analyst salary details
An economic research analyst's salary ranges from $53,000 a year at the 10th percentile to $114,000 at the 90th percentile.
What is an economic research analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $114,000 | $9,500 | $55 |
| 75th Percentile | $95,000 | $7,917 | $46 |
| Average | $78,261 | $6,522 | $38 |
| 25th Percentile | $63,000 | $5,250 | $30 |
| 10th Percentile | $53,000 | $4,417 | $25 |
Highest paying economic research analyst jobs
The highest paying types of economic research analysts are research leader, research manager, and product analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Marketing Internship | $30,260 | $2,522 | $14.55 | 122,135 |
| Marketing Coordinator | $48,326 | $4,027 | $23.23 | 91,281 |
| Marketing Consultant | $70,593 | $5,883 | $33.94 | 88,935 |
| Marketing Representative | $47,377 | $3,948 | $22.78 | 217,886 |
| Analyst Sales | $69,093 | $5,758 | $33.22 | 77,023 |
| Market Analyst Internship | $63,476 | $5,290 | $30.52 | 73,684 |
How would you rate the starting salaries for economic research analysts, as well as the prospects for salary advancement?
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Top companies hiring economic research analysts now:
Which companies pay economic research analysts the most?
Economic research analyst salaries at Ariad Pharmaceuticals and American Institutes for Research are the highest-paying according to our most recent salary estimates. In addition, the average economic research analyst salary at companies like Financial Industry Regulatory Authority (finra) and Federal Reserve Bank are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Ariad Pharmaceuticals | $115,324 | $55.44 |
| 2 | American Institutes for Research | $106,613 | $51.26 |
| 3 | Financial Industry Regulatory Authority (finra) | $97,866 | $47.05 |
| 4 | Federal Reserve Bank | $97,639 | $46.94 |
| 5 | The Lightstone Group | $96,240 | $46.27 |
| 6 | M&T Bank | $93,699 | $45.05 |
| 7 | ABC Holding Co Inc | $86,005 | $41.35 |
| 8 | BlackRock | $84,646 | $40.70 |
| 9 | *n/a* | $83,086 | $39.95 |
| 10 | Geisinger Medical Center | $79,733 | $38.33 |
| 11 | PI | $78,043 | $37.52 |
| 12 | 2M Research Services | $77,596 | $37.31 |
| 13 | Convoy | $75,101 | $36.11 |
| 14 | Aptitude Health | $71,516 | $34.38 |
| 15 | University of Notre Dame | $67,816 | $32.60 |
| 16 | Federal Reserve | $62,552 | $30.07 |
| 17 | Minnesota State Fair | $57,191 | $27.50 |
| 18 | Indiana University Bloomington | $56,755 | $27.29 |
| 19 | Maine | $50,231 | $24.15 |
Wage gap by gender, race and education
Economic Research Analyst salary by industry
The average economic research analyst salary varies across industries:
- The average economic research analyst salary in the manufacturing industry is $100,642, the highest of any industry.
- The average economic research analyst salary in the finance industry is $99,079.
- Economic research analysts in the professional industry earn an average salary of $76,001, the lowest of any industry.
Highest paying industries for economic research analysts
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Manufacturing | $100,642 | $48.39 |
| 2 | Finance | $99,079 | $47.63 |
| 3 | Real Estate | $80,833 | $38.86 |
| 4 | Government | $79,121 | $38.04 |
| 5 | Professional | $76,001 | $36.54 |
High paying economic research analyst jobs
Economic research analyst salary trends
The average economic research analyst salary has risen by $6,612 over the last ten years. In 2014, the average economic research analyst earned $71,649 annually, but today, they earn $78,261 a year. That works out to a 5% change in pay for economic research analysts over the last decade.
Compare economic research analyst salaries for cities or states with the national average over time.
Average economic research analyst salary over time
Compare economic research analyst salaries for individual cities or states with the national average.
Economic research analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $78,300 | $37.63 | +3.1% |
| 2025 | $75,900 | $36.47 | +1.1% |
| 2024 | $75,100 | $36.09 | -0.2% |
| 2023 | $75,200 | $36.15 | +1.1% |
| 2022 | $74,400 | $35.77 | +0.7% |
Recently added economic research analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Illinois State University | GA Research-Economics-Academic Year: Fall 2025 and Spring 2026 | Normal, IL | 05/23/2025 | $39,444 |
| Outlier | Economics Researcher | Bethel Park, PA | 03/29/2025 | $62,610 |
| Econic Partners Us LLC | Senior Economic Research Analyst | Boston, MA | 03/20/2025 | $125,000 |
| Econic Partners Us LLC | Economic Research Analyst | Washington, DC | 03/20/2025 | $112,000 |
| Econic Partners Us LLC | Senior Economic Research Analyst | Boston, MA | 03/20/2025 | $125,000 |
| Econic Partners Us LLC | Economic Research Analyst | Oakland, CA | 03/20/2025 | $125,000 |
| State of Maine | Senior Economic Research Analyst-Agency Only-Promotional Only | Augusta, ME | 03/10/2025 | $60,091 |
| The Buckeye Institute | Economic Research Analyst | Columbus, OH | 03/03/2025 | $62,000 |
| Federal Reserve Bank of New York | Economic Research Analyst | New York, NY | 02/05/2025 | $226,600 |
| Nomura | US Economic Research Analyst | New York, NY | 01/23/2025 | $110,000 |
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